LavaBox is a portable campfire designed with a patent-pending ammo box concept. It is primarily made from a can box, a Burt tank, a hose, and a regulator. Hades stones can also be used for cooking purposes.
This campfire allows for grilling various foods. A 10-pound Burt tank can last approximately 12 to 16 hours. However, it is not recommended to burn wood in the box, as it may damage the paint.
LavaBox is available in several models:
- The Tabletop Vol-CAN-no costs $199
- The Tacana Twosome is priced at $299
- The Krakatoa FireBreather costs $349
- The Hekla is available for $329
You can purchase these products from 21 retail stores across the United States or through the company’s website.
| Company Name | LavaBox | |
| Founder | Josh Thurmond | |
| Founded | Aug 2020 | |
| Product | Portable Campfires | |
| Asked For | $200k for 10% equity | |
| Final Deal | $200K for 12.5% equity + a royalty of $0.75 per unit until $200K is paid | |
| Shark |  Lori Greiner | |
| Episode (Shark Tank USA) | S14 E18 | |
| Air Date | Mar 31, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Denver, Colorado, United States | |
| Lifetime Worth (Sales) | $1.2M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of LavaBox?
Josh Thurmond is the founder and CEO of LavaBox, which he established in August 2020. Sylvia Thurmond serves as the Chief Fire Officer of the company.
Josh Thurmond earned a Master of Public Administration from the University of Colorado Denver. He previously held the position of Metro Program Director for four years at the National Sports Center for the Disabled. Additionally, he worked as the Director of Client Services at Handbid for a few years.
Sylvia Thurmond is a Forensic DNA Analyst for the City and County of Denver. She began her career as a DNA analyst after studying Forensic Molecular Biology (MFS) at George Washington University. Sylvia has also worked with organizations such as The Bode Technology Group and the Denver Police Department Crime Laboratory.
How Was The Shark Tank Pitch Of LavaBox?
After Josh entered Shark Tank, he sought $200,000 for 10% equity in LavaBox, emphasizing how the product is more sustainable and efficient than traditional campfires.
The product is available in three different models: Small, Medium, and Large. The retail cost for the Tacana Twosome is $195, while the Landed model is priced at $29.
Josh developed seven prototypes before launching the best-selling models, managing to sell approximately 40 products each week.
As of January 2022, the business had been operating for 18 months and reported $610,000 in sales, yielding a profit of $290,000. He estimated sales could reach $1.2 million by the end of 2022.
Kevin O’Leary and Daymond John each made initial offers of $200,000 for 20% equity. Lori Greiner proposed $200,000 for 15% equity plus a royalty of $0.75 per unit until $200,000 is paid back.
Josh countered with a request for 12% equity while keeping the royalty terms. Lori then countered with an offer of 12.5% equity, and Daymond offered 15% equity. Kevin O’Leary, however, maintained his original offer of $200,000 for 10% equity.
During the negotiations, Lori attempted to persuade Josh, who asked her to lower the royalty to $0.50.
Finalize: Lori Greiner invests $200K for 12.5% equity + a royalty of $0.75 per unit until $200K is paid.
What Happened To LavaBox After Shark Tank?
Lori Greiner invested in LavaBox, a company that specializes in portable campfire products. In April 2023, TikTok content creator Alex Mauer joined the Lovebox team, further promoting the brand.
LavaBox is committed to social responsibility, donating $1 from every sale to Protect Our Rivers. The company successfully achieved its sales goal of $1.2 million in 2022.
During his appearance on Shark Tank, Josh Thurmond shared insights into how he conceived the idea for LavaBox, detailing both the production costs and retail pricing of the products. There were numerous discussions regarding the product’s features and market potential.
We will continue to follow Josh Thurmond and LavaBox for further updates on their progress and developments.
What Is The Net Worth of LavaBox?
LavaBox has an estimated net worth of $1.6 million. Founded in 2020, the company has successfully completed 4,000 product sales to date. A report indicates that 85% of wildfires in the United States are caused by human activity, highlighting the importance of responsible outdoor practices.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2023 | TBD |
| 2022 | $1.2M *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| March, 2023 | $200K (Seed Round) | Lori Greiner |
Headquartered in Denver, Colorado, LavaBox operates with a small team of 2 to 10 employees, as per LinkedIn.
Yes, LavaBox is still in business as of July 2023.
