COMPANY | ||
Umbrolly | ||
---|---|---|
Genre | Advertising | |
No of Offers | 2 | |
Episode | 1x1 | |
Recieved an Investment of | £150,000 | |
Equity Sold | 40% | |
Dragon(s) | Peter Jones Duncan Bannatyne |
Umbrolly pitched before the dragons on Series One, Episode One. The pitch was carried out by Charles Ejogo. He received investment from Peter Jones and Duncan Bannatyne.
Pitch[]
Premise of The Company[]
A series of umbrella vending machines with LCD screens capable of displaying high quality advertising would be placed at various locations including 300 in the London underground for a minimum of 12 years. The umbrellas would be priced as convenience products undercutting local retailers, and forming a captive market.
Stats[]
Investment Requested: £150,000
Equity Offered: 20%
Self-Valuation: £750,000
Deal[]
Peter Jones and Duncan Bannatyne invested £75,000 each, for 20% equity each.
Personnel[]
- Charles Ejogo - Manager