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Cardo

Season 4 · Episode 1 · pitch 1 of 4

Cardo develops and sells smart connected consumer devices, including smartwatches, smart rings, and body analysis scales, integrated into a single mobile app with AI recommendations for middle-class…

  1. Ask · EGP
    50Mfor 10%
  2. Best offer · EGP
    333Mvaluation
  3. Outcome
    No deal2 of 4 went out

2 offers · 1 revision

The ask implies a valuation of EGP 500M. There were 2 offers, and the best valued the company at EGP 333M; the founder turned them down.

The pitch, minute by minute

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39:22 · 4 investors · tap a marker to see the quote

Key takeaways

  • No deal: 3 of 5 investors went out; the founder refused 2 offers.

  • 2 investors made 2 offers and 1 revision. The highest valuation offered was 333.33M.

  • The founder countered 2 times.

  • The ask came 0:22 into the pitch, in the opening.

  • The opening covered, in order: personal story, ask, problem, product solution, traction numbers, vision.

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Pitches like this

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Hardware & robotics · 8 pitches

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    S5 E10 · Hardware & robotics

    ESAC Automation provides industrial automation, PLC system integration, hardware and software upgrades, and custom AI solutions to factories in Egypt and 15 other countries to modernize production…

    Asked EGP 40M for 10%

    No deal

    2 of 5 went out

  • EFICA

    S1 E8 · Hardware & robotics

    EFICA manufactures and operates Wi-Fi and remote-controlled robots designed to clean solar panels on ground stations and solar street light poles. It sells the robots directly to customers and also…

    Asked EGP 4.5M for 10%

    No deal

    3 of 5 went out

  • Target Egypt (تارجت ايجيبت)

    S3 E6 · Hardware & robotics

    Target Egypt manufactures anti-shoplifting security systems, including gates, hard tags, soft labels, and deactivators, as well as introducing RFID technology. The company sells primarily B2B to…

    Asked EGP 8.5M for 30%

    DealEGP 8.5M for 50%

    Ayman Abbas, Mohamed Faroukin the deal

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40 investor events, all 40 matched to what was said · 30 answers graded · 30 figures

Aired in season 4 (2025), episode 1 · season 4 is only partly covered · We don’t host video; timestamps onlyHow the data is built

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