PolarPro, maker of action camera and drone accessories, just got a nice influx of $1-million on the ABC show Shark Tank. CEO Jeff Overall appeared on the show to pitch his company to the sharks.
After getting a $500,000 offer for a 10% stake in the company from Mark Cuban, Robert Herjavec joined in for another $500,000 investment for an additional 10% stake. Overall accepted the deal with Cuban and Herjavec to secure a $1-million investment in his company. Check out the clip from Shark Tank below.[youtube https://www.youtube.com/watch?v=k9e0ytg3dsI&w=700&showinfo=0&rel=0]
These guys started out making GoPro filters in 2011 and, based on Mark and Robert’s investments, have turned that business into a company valued at $5-million.
After the deal was inked on Shark Tank, PolarPro announced the immediate availability of its new PowerGrip H2O, which is a water proof, battery-integrated action pole for the GoPro down to 99ft.[youtube https://www.youtube.com/watch?v=7hDfXW-e7B8&w=700&rel=0]
Its new Trippler cell phone and GoPro mount is also available alongside the PowerGrip H2O.
Visit PolarProFilters.com for more info.