EVP -Extreme Vehicle Protection Shark Tank Pitch
EVP – Extreme Vehicle Protection keeps your car waterproof by driving your vehicle inside a sealable bag that keeps the water and elements out of your vehicle. The catch with this product is that it only keeps the water out, provided nothing puncture the material of the bag.
Another concern is the EVP – Extreme Vehicle Protection still won't keep your vehicle from floating in deep water and being subject to debris hitting the vehicle. Still, there are floods that rise high enough to damage vehicles, but not enough to cause debris, and or the car to float away.
Mathew and Kenny sold one-hundred-fifty initial units.
EVP -Extreme Vehicle Protection Shark Tank Pitch
- Company: EVP -Extreme Vehicle Protection – Website
- Entrepreneur: Mathew Harris and Kenny Lerner
- Ask: $50,000 for 20% equity
- Episode Season 7 Episode 728
- Companies in this episode:
- Camp NO Counselors
- EVP Extreme Vehicle Protection
- Gladiator LaCross
- VP Cabs
- Mistobox – Featured Update
- Sharks:
- First Aired: 05/13/2016
- Deal: Daymond John $50,000 for 33.3%
What do the Shark Tank Investors say about EVP -Extreme Vehicle Protection?
- Mark Cuban – thinks they can build it into a nice business, but he doesn't think they can build it into an investible business and he is out.
- Daymond John – asks what they need the money for, and they respond, they need a Shark. Daymond offers $50,000 for 33.3%. He is asked, “What is your marketing plan?”
- Kevin O'Leary – offers the $50,000 for $30 a unit for perpetuity. He goes out and sells it for them. He talks about it, along with his team. Kevin says when he gets $200,000 back, he is gone.
- Lori Greiner – is not a car enthusiast, she thinks the packaging doesn't tell her what it is. She is out.
- Robert Herjavec – doesn't think that people think about their car in an emergency. They are concerned about their home and loved ones. It is the last thing on their mind. He is out.
EVP -Extreme Vehicle Protection after Shark Tank
The EVP – Extreme Vehicle Protection system now works for other products like outdoor furniture, motorsports bikes and cars of all sizes.