Doorman was a technology company specializing in logistics services for urban areas. It was founded in 2017 by Zander Adell and appeared on Shark Tank in August 2020, seeking a $250,000 investment for a 10% stake. Unfortunately, the company went out of business after its appearance on the show. As of August 2021, Zander is the Head of Development at Magnesium Film. The net worth of Doorman is unavailable as it is no longer in operation.
Key Takeaways
- Doorman was a logistics services company founded by Zander Adell in 2017.
- Doorman appeared on Shark Tank in August 2020 and sought a $250,000 investment.
- The company went out of business after its appearance on Shark Tank.
- Zander Adell is currently the Head of Development at Magnesium Film.
- The net worth of Doorman is unknown as it is no longer in operation.
Doorman’s Journey and Services
Doorman, founded in 2013 by Zander Adell, was a privately owned tech company that aimed to solve the problem of missed package deliveries in urban areas. The company specialized in providing last-mile package delivery services, offering a convenient solution for e-commerce customers.
Customers could have their packages delivered to a Doorman warehouse, where they had the option to choose a convenient delivery time or pick up the package themselves if they lived nearby. This innovative approach to package delivery aimed to provide flexibility and convenience to busy urban dwellers.
In its first year, Doorman delivered around 4,000 packages, demonstrating the initial success and viability of its service. The company raised $370,000 in its pre-seed round, which contributed to its expansion into new cities. Despite raising additional funds and expanding its reach, Doorman faced challenges that led to its closure in 2017.
Table: Doorman’s Key Milestones
Year | Milestone |
---|---|
2013 | Doorman is founded by Zander Adell |
2014 | Raised $370,000 in pre-seed funding |
2015 | Valued at $2.5 million |
2017 | Doorman ceases operations |
While the exact net worth of Doorman is unknown, its valuation in 2015 indicates its potential for growth. Although the company ultimately closed its doors, Doorman’s innovative approach to package delivery left a lasting impact on the industry, highlighting the importance of convenience and flexibility in urban logistics services.
Shark Tank Appearance and Deal
In Season 6, Episode 13 of Shark Tank, I had the opportunity to present Doorman’s innovative package delivery service to the esteemed panel of investors. Seeking a $250,000 investment for a 10% stake in my company, I showcased the convenience and security of our last-mile delivery solution.
During my pitch, Robert Herjavec, one of the richest Shark Tank cast members, expressed interest and offered the full amount I was seeking. However, I saw an opportunity to negotiate a better deal. I countered with a 12% stake in exchange for the $250,000 investment, and Robert accepted the counteroffer. With the deal finalized, Doorman was set to expand its services and offer one-hour window shipping in Chicago and New York.
Table: Doorman’s Shark Tank Deal
Investor | Investment | Stake |
---|---|---|
Robert Herjavec | $250,000 | 12% |
The investment from Robert Herjavec brought great promise to Doorman’s future, allowing us to further develop our technology and expand our reach in key markets. However, despite the initial success, our journey ultimately led us to cease operations in 2017. The challenges of building and sustaining a business, even with the support of a Shark Tank deal, proved to be formidable.
Nevertheless, the impact of Doorman’s innovative approach to package delivery cannot be understated. Our service revolutionized last-mile logistics and left a lasting impression on the industry. While our net worth may be unknown, the opportunity to appear on Shark Tank and secure a deal with Robert Herjavec was a valuable experience that will forever be a part of our legacy.
Conclusion and Legacy
Doorman’s appearance on Shark Tank brought initial fame and investment to the company. However, it was unable to sustain its growth and eventually ceased operations in 2017. The exact net worth of Doorman is unknown, but it was valued at $2.5 million in 2015.
The story of Doorman serves as a reminder of the challenges of building a successful business, even with the support of a Shark Tank deal. Despite its closure, Doorman’s innovative approach to package delivery left a lasting impact on the industry.
While Doorman may no longer be in operation, its legacy lives on. The company’s focus on solving the problem of missed package deliveries in urban areas paved the way for other innovative last-mile delivery solutions. The lessons learned from Doorman’s journey highlight the importance of adaptability, scalability, and sustainable growth in the competitive startup ecosystem.
FAQ
When was Doorman founded?
Doorman was founded in 2013 by Zander Adell.
What services did Doorman provide?
Doorman provided last-mile package delivery services in urban areas.
How did Doorman work?
Customers could have their e-commerce packages delivered to a Doorman warehouse and choose a convenient delivery time or pick up the package themselves if they lived nearby.
When did Doorman go out of business?
Doorman went out of business in 2017.
How much did Doorman raise in its pre-seed round?
Doorman raised $370,000 in its pre-seed round.
What was the outcome of Doorman’s appearance on Shark Tank?
Zander Adell secured a deal with Robert Herjavec, who invested $250,000 for a 12% stake in Doorman.
How did the Shark Tank deal impact Doorman?
The investment enabled Doorman to expand its services and offer one-hour window shipping in Chicago and New York.
What was the net worth of Doorman?
The exact net worth of Doorman is unknown, but it was valued at $2.5 million in 2015.
What is the legacy of Doorman?
Doorman’s innovative approach to package delivery left a lasting impact on the industry.