Radiate Portable Campfire Shark Tank Net Worth 2023

Radiate Portable Campfire was founded by Brent Davidson and Bryan Cantrell. During their pitch on Shark Tank, they asked for $50,000 for 20% equity and received an offer of $100,000 for 25% equity from Robert Herjavec.

The company was valued at $250,000 during the pitch and $400,000 after Robert’s investment.

Radiate Portable Campfire is a portable campfire system that costs about $6 to manufacture and build. Units are sold individually for $25

As of 2022, Brent Davidson and Bryan Cantrell have a net worth of 7 million USD.

What is Radiate Portable Campfire? Who is the founder of Radiate Portable Campfire?

Radiate is a globally recognized brand that specializes in outdoor supplies, well-known for its creative and innovative portable campfire made entirely of recycled paper briquettes and soy wax.

This brand was established in September 2017 by Brent Davidson and Bryan Cantrell, who had been business partners in a cosmetic product firm that manufactured wax for many years.

Radiate’s campfires are capable of burning reliably for a period of 3-5 hours, according to its founders. Due to the nature of wax production, they often had overages and excess wax, which they frequently placed in giant buckets and used to create massive bonfires during camping trips.

Radiate’s campfire canisters are incredibly easy to ignite and can be stopped, restarted, or transported at any time. Additionally, they are waterproof, require no maintenance, consume no wood, emit no flyaway embers or toxic smoke, and can be used in areas where starting a wood campfire is prohibited.

Each Radiate canister is a little over 8 inches in diameter and made from recycled paper pulp dipped in recycled soy wax.

Once ignited, the “campfire” inside can be used for toasting marshmallows or hot dogs and will burn for about 3-5 hours. To extinguish the fire, simply close the can’s lid, and if desired, it can be easily relit by dousing it in water.

Radiate was inspired by the excess wax produced during the creation of some of their skin care products. After attempting to create large candles using the leftover wax, they found them to be too bulky and dirty for transportation.

One day, Bryan placed some wax and paper in an old cookie tin, and thus the idea of a portable campfire was born.

Radiate’s product was introduced in April 2017 after a successful Kickstarter campaign that raised $6,256. This is not the first business venture for the co-founders; they previously co-founded Fleur de Spa, an e-commerce store that sold a proprietary line of beauty care products.

Radiate is perfect for anyone looking to have a campfire without the hassle and is also safer and more environmentally friendly. Since it is made entirely of recycled materials, it is fully sustainable.

Moreover, these campfire canisters are manufactured in the United States of America, and they are available for purchase in packs of two, four, or eight, with prices ranging from $49 to $186.

Radiate Portable Campfire Shark Tank Pitch

Bryan and Brent opted to present their product to the investors on Shark Tank to secure the opportunity to access outdoor and sports goods retailers.

During the presentation, Brent and Bryan requested $50,000 for a 20% stake in their company, which was valued at $250,000.

They talked about the history of campfires and gave a demonstration on how to light one of their products. After the presentation, they distributed samples and Robert tried one.

The men explained that their manufacturing cost was $5.75 per device, and they sold them for $25 each. Lori expressed concern over the burn time of six hours, stating that it was insufficient. However, the other Sharks disagreed, arguing that six hours was more than enough.

One of the Sharks made a comparison to Instafire, which is used to ignite a conventional fire, not replace it. Within 30 days, the company sold and shipped around 11,000 devices, 400 of which were from their crowdsourcing campaign. Despite the initial success, the Sharks had reservations.

Lori asked if they had a campfire, and Robert asked about the legality of camping in areas where campfires were prohibited.

Barbara inquired about the heat generated by the container, and the men confirmed that it does get hot and that it bears a warning label.

Barbara offered $50,000 for a 25% stake in the company, but Mark decided to pass on the opportunity, and Lori was not interested due to a conflict with Instafire.

Rohan made a counteroffer to Barbara’s proposal, and Robert matched it. After negotiating with Rohan, Robert increased his offer to $100,000 for a 25% stake in the company. Bryan and Brent accepted the offer, and they struck a deal.

Net Worth of Radiate Portable Campfire

During the pitch, the company was valued at $250,000 after Robert’s investment the company was valued at $400,000. Since then the company has done sales which make the company’s net worth increase in 2021.

Radiate Portable Campfire Shark Tank Updates

Radiate Portable Campfire is a portable campfire system that was pitched on Shark Tank Season 9 by Brent Davidson and Bryan Cantrell. Radiate is a campfire in a can that is packed with recycled paper pulp soaked in recycled soy wax.

When lit, a Radiate can burn for more than six hours before needing to be replaced. Radiate is great for any place you’d want a campfire, without the hassle.

It’s safer and better for the environment, too. Since it’s made from 100% recycled materials, it’s totally sustainable. Radiate is sold in packs of two, four, and eight, costing $49, $95, and $180, respectively.

Brent and Bryan asked for $50,000 for 20% equity in their business on Shark Tank. Robert Herjavec offered them $100,000 for 25% equity, which they accepted.

Mark Cuban and Lori Greiner both dropped out early because they’d invested in a very similar company and felt that it would be a conflict of interest.

Radiate is still in business and is successful in terms of sales. The company has shipped 11,000 units of the product, out of which 400 units were sold as part of the Kickstarter campaign and crowdfunding. There are two major direct competitors to Radiate, Zippo Campfire, and Instafire.

Radiate Portable Campfire Shark Tank Summary:

INFORMATION	DETAILS
Product	Portable campfire made of recycled paper briquettes & soy wax
Founders	Brent Davidson and Bryan Cantrell
Valuation (Shark Tank)	$250,000
Offer (Shark Tank)	$100,000 for 25% equity from Robert Herjavec
Post-investment Valuation	$400,000
Net Worth (2022)	$7 million USD
Cost to Manufacture	$6
Retail Price	$25
Burn time	3-5 hours
Sales	Sold and shipped around 11,000 devices in 30 days
Availability	Packs of two, four, or eight, prices ranging from $49 to $186

Radiate Portable Campfire FAQs

What Is Radiate Portable Campfire, Founder, And How Does Radiate Portable Campfire Work?

Radiate Portable Campfire is a portable and reusable campfire that allows you to start a campfire anywhere you are, without the need for wood or kindling. It is made of recycled paper pulp and 100% recycled soy wax, which makes it environmentally friendly and sustainable.

The campfire canisters are simple to light and have a burn period of up to 3-5 hours. The campfire is waterproof, takes no maintenance, produces no flyaway embers or toxic smoke, and can be used in locations where wood campfires cannot be started.

Radiate Portable Campfire was founded by Brent Davidson and Bryan Cantrell in 2017. The idea for the portable campfire came about when they were using old wax to create giant candles, but they were too dirty and cumbersome to transport.

One day, Bryan placed some wax and paper inside an old cookie tin, and the concept of a portable campfire was born. The founders pitched their product on season 9 of Shark Tank in 2018 and received a $50,000 investment.

Radiate Portable Campfire is ideal for any location where you would want to have a campfire without the hassle of gathering wood or kindling. It is also safer and better for the environment than traditional campfires since it is made from 100% recycled materials.

The campfire comes in one-, two-, and four-packs, with prices varying depending on the number of canisters purchased. Additionally, Radiate Portable Campfire offers accessories like roasting skewers, heat trivets, and heat deflectors that can help make your portable campfire even cozier.

What Happened To Radiate Portable Campfire After Shark Tank Pitch?

Radiate Portable Campfire is a portable campfire system that was pitched on Shark Tank Season 9 by Brent Davidson and Bryan Cantrell. During their pitch, they asked for $50,000 for 20% equity and received an offer of $100,000 for 25% equity from Robert Herjavec.

The company was valued at $250,000 during the pitch and $400,000 after Robert’s investment. Radiate Portable Campfire is a unique product that allows people to have a campfire anywhere. It is completely safe and clean and will not leave behind any dangerous smoke or residue.

Radiate Portable Campfire is still operating as of November 2021. The company has two major direct competitors, Zippo Campfire and Instafire. The product is packaged in recyclable materials like recycled paper pulp that is soaked in soy wax.

Each unit costs about $6 for Radiate to manufacture and build, and units are sold individually for $25. The product can burn for more than six hours before needing to be replaced.

Since appearing on Shark Tank, Radiate Portable Campfire has successfully shipped 11,000 units of the product, out of which 400 units were sold as part of the Kickstarter campaign and crowdfunding.

Mark Cuban and Lori Greiner both dropped out early because they’d invested in a very similar company and felt that it would be a conflict of interest.

The Sharks had a range of questions to ask the pair, including whether the product is allowed to be used where campfires are prohibited, to which the answer is mostly yes.

Competitors Of Radiate Portable Campfire?

Radiate Portable Campfire has a few direct competitors in the market. Zippo Campfire and Instafire are two major direct competitors to Radiate Portable Campfire. However, there are also other camping and hiking brands that offer similar products.

Sun Valley Candles, Fox and Willow Dorset, Goodness Candles, and Sun Theory Co are some of Radiate Campfire’s top competitors.

Zippo Campfire is a portable fire pit that uses wood pellets as fuel. It is made of stainless steel and has a hinged lid for easy access to the fire.

Instafire is a fire starter that comes in a pouch and can be used to start a fire in any weather condition. It is made of recycled wood, volcanic rock, and a patented blend of paraffin wax.

Radiate Portable Campfire is unique in that it is made entirely of recycled materials and is fully sustainable. It is a portable campfire system that costs about $6 to manufacture and build, and units are sold individually for $25.

It is perfect for anyone looking to have a campfire without the hassle and is also safer and more environmentally friendly.

Is Radiate Portable Campfire Still In Business?

Yes, Radiate Portable Campfire is still in business as of November 2021. The company was pitched on Shark Tank and received an investment from Robert Herjavec.

Radiate Portable Campfire is a portable and reusable campfire system that is made entirely of recycled materials, making it sustainable and environmentally friendly. The campfire can be lit easily and has a burn period of up to 3-5 hours.

It is also waterproof, requires no maintenance, and produces no flyaway embers or toxic smoke. Radiate Portable Campfire is sold individually for $25.

Radiate Portable Campfire has two major direct competitors, Zippo Campfire and Instafire. The company has successfully shipped 11,000 units of the product, out of which 400 units were sold as part of the Kickstarter campaign and crowdfunding.

The company’s net worth increased after the Shark Tank investment, and it has been successful in terms of sales.

Radiate Portable Campfire is ideal for camping, backyard use, tailgating, and other outdoor activities. The campfire is easy to transport and can be used in locations where wood campfires cannot be started.

The lid can be used to snuff out the fire, leaving no trash, coals, or burnt wood. Radiate Portable Campfire is made in the USA with recycled paper briquettes and a recycled soy wax blend.

What Is The Current Valuation Of A Radiate Portable Campfire?

the current valuation of Radiate Portable Campfire is not explicitly stated. However, during the pitch on Shark Tank, the company was valued at $250,000, and after Robert Herjavec’s investment, the company was valued at $400,000.

Radiate Portable Campfire is a portable campfire system made entirely of recycled paper briquettes and soy wax, costing about $6 to manufacture and build. Units are sold individually for $25.

The founders of Radiate Portable Campfire, Brent Davidson and Bryan Cantrell, have a net worth of 7 million USD as of 2022.

Radiate Portable Campfire is a globally recognized brand that specializes in outdoor supplies, well-known for its creative and innovative portable campfire. Radiate campfires can reliably burn for between three and five hours and are simple to light.

They are also waterproof, take no maintenance, consume no wood, produce no flyaway embers or toxic smoke, and may be used in locations where wood campfires cannot be started. Radiate is ideal for any location where you’d want to have a campfire without the trouble.

It’s also safer and more environmentally friendly. Because it is created entirely of recycled materials, it is completely sustainable.

Radiate Portable Campfire has two major direct competitors, Zippo Campfire and Instafire. In the thirty days that Radiate has been shipping products, they have done sales which make their net worth unknown.

What do they want to achieve on Shark Tank?

The company wants to raise $50,000 in exchange for a 20% stake in their firm. They also seek to be able to sell their product through outdoor retailers. They believe this will increase sales tremendously.

Did they get the deal?

Yes, they got the deal from Robert Herjavec and they got $100,000 in exchange for a 25% stake in their business.

Why do they want to go on Shark Tank?

Since they are only starting out they thought that going on shark tank would be a great way to increase sales and awareness.

How long have they been in business?

The company has been in business for around 4 years, since the summer of 2017.

Can you reuse radiate campfire?

Yes one can reuse Radiate campfire it is completely reusable.

How long does it take to set up the radiate campfire?

It takes around 1 minute to setup the product.

What is the size of radiate campfire?

They come in three different sizes compact, medium and large; they are all compatible with each other. The compact measures 6″ x 6″, medium measures 9″x9″, and large measures 12″x12″.

What are the ingredients of Radiate Portable Campfire?

The products contain paraffin wax, which provides fuel for the item. In terms of safety, it is completely safe to use and will not ignite accidentally.

What are some of the features of Radiate Portable Campfire?

The product uses no fuel and it can be used in in any weather conditions. It has a fire that burns continuously without requiring any kindling or additional fuels.

What is the net worth of Bryan Cantrell?

The net worth of Bryan Centell is not available.

What is the net worth of Brent Davidson?

The net worth of Brent Davidson is not available.