Guard Llama is a personal safety gadget developed by Joe Parisi and Nick Nevarez. This item assists individuals in obtaining urgent assistance swiftly. A single button press transmits the user’s GPS coordinates to law enforcement. Joe and Nick created this product to enhance individual safety for all.
They presented their concept on Shark Tank. They requested $100,000 in exchange for 5% ownership of their business. Will the entrepreneur get a deal on Shark Tank? Check out the Guard Llama update to find out!
Guard Llama Net Worth Shark Tank Update 2025
Joe Parisi and Nick Nevarez asked for a $100k investment in exchange for 5% equity in their company. This meant they valued their company at $2 million. They made a deal with Barbara Corcoran for $100k in exchange for 18% of their company, plus a $2 royalty per unit sold until Barbara gets her investment back. This new deal valued their company at approximately $555,555. After the show aired, Guard Llama saw a big increase in website traffic, sales, and social media exposure. However, due to legal disputes and service issues, the company ceased operations by the end of 2021. The current net worth of Guard Llama is $0.
Following Shark Tank Guard Llama gained media exposure. The organization collaborated with the National Association of Realtors. Their goal was to offer safety equipment to real estate agents. Although it experienced initial success the company encountered difficulties. Legal disputes emerged with one of the co-founders. Clients likewise expressed dissatisfaction regarding service issues.
By the end of 2021, Guard Llama ceased operations. In 2023 Joe Parisi was facing charges related to drugs and was waiting for his trial. Nick Nevarez pursued different opportunities.
Yes Guard Llama got a deal on Shark Tank. Barbara Corcoran offered $100,000 as a loan. She asked for 18% equity and $2 per unit sold until she got her money back. Joe and Nick accepted her offer. However, reports show that this deal was not finalized after the show.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Lori Greiner | Out | N/A | N/A |
| Chris Sacca | Out | N/A | N/A |
| Kevin O’Leary | $100,000 loan for 5% equity | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
| Barbara Corcoran | $100,000 loan for 18% equity | N/A | Yes |
Guard Llama Shark Tank pitch
Joe Parisi recognized the necessity for quicker emergency assistance following a disaster at his university. He aimed to simplify the process for individuals seeking assistance in perilous circumstances. He collaborated with Nick Nevarez to develop Guard Llama. The device links to a smartphone and operates with a button press. This button transmits the user’s location to emergency responders.
Developing Guard Llama was quite challenging. Joe and Nick encountered numerous obstacles. They needed to create a dependable device. It needed to function swiftly and accurately. Another concern was funding. They required funds to create and promote their product. In spite of these challenges, they continued to advance. They were convinced their product could save lives and make individuals feel secure.
Joe and Nick walked into the Shark Tank to present their business idea. They described the functionality of Guard Llama. They demonstrated its characteristics and advantages. They mentioned that it pairs with a smartphone through Bluetooth. When activated, it transmits location information to law enforcement. They also mentioned it operates within 150 feet of the user’s mobile device.
When they made their pitch there were 2000 active users. These users subscribed to the service for $10 each month or $100 each year. Joe and Nick claimed their product was excellent for students, seniors, and real estate professionals. They requested $100,000 in exchange for 5% ownership in their company.
The Sharks were curious. Mark Cuban inquired about responsibility in case the device malfunctioned. Lori Greiner was concerned about dependability. Kevin O’Leary sought an improved arrangement for himself. Chris Sacca questioned the company’s potential for expansion.
Barbara Corcoran expressed interest. She provided a loan of $100,000. She sought 20% equity and $2 for each unit sold until paid back. Joe and Nick responded with an 18% equity offer. Barbara consented.
The Sharks inquired extensively about Guard Llama. They were curious about how it functioned. Joe and Nick described its Bluetooth pairing and emergency alert feature. The Sharks inquired about the service model as well. Joe and Nick mentioned that a subscription was necessary. This included oversight and notifications.
Mark Cuban raised concerns about the potential for false alarms. He was concerned that the police might be summoned without justification. Joe confirmed to him that the device contacts the user prior to notifying the police. If the user fails to reply it will reach out to emergency services.
Lori Greiner inquired about dependability. She was curious whether the device functioned consistently. Joe and Nick mentioned that they have tried it multiple times. They put in great effort to ensure it was dependable.
Kevin O’Leary inquired about the valuation. He stated that $100,000 for 5% was excessive. Joe and Nick elaborated on their potential for growth. They thought their product had a large market. Chris Sacca believed the business couldn’t grow. He inquired about their strategy to connect with additional users. Joe and Nick mentioned their intention to collaborate with institutions such as schools and real estate associations.
Barbara Corcoran emphasized the potential of the business. She appreciated that it focused on a specific market. She stated that it would be advantageous for real estate agents and students. She inquired about manufacturing expenses and profit margins. Joe and Nick provided thorough responses. They demonstrated their understanding of numbers.
The Sharks reacted in various ways to Guard Llama. Mark Cuban was the first to leave. He was concerned about dependability and responsibility. Lori Greiner came next. She had the same worries. Chris Sacca also left. He questioned the company’s potential for expansion. Kevin O’Leary proposed a deal. He proposed $100,000 for a 5% stake. He additionally requested $5 for each unit sold until he recouped his funds.
Joe and Nick thought about it but sought improved conditions. Barbara Corcoran proposed an alternative offer. She suggested a loan of $100,000. She sought 20% ownership and $2 for each unit sold until the loan was repaid. Joe and Nick responded with an 18% stake. Barbara concurred with this. They struck an agreement.
What Went Wrong With Guard Llama On Shark Tank?
A few Sharks chose not to invest in Guard Llama. They expressed worries regarding dependability and responsibility. Mark Cuban expressed concern about breakdowns. Lori Greiner believed the product could be ineffective in certain circumstances. Chris Sacca questioned the company’s potential for expansion. The agreement with Barbara Corcoran encountered challenges as well.
According to reports it was never completed. This may result from legal issues or conflicts following the performance. Guard Llama encountered difficulties even after appearing on Shark Tank. Customer grievances and legal problems negatively impact the business. These issues ultimately resulted in its shutdown.
Product Availability
Guard Llama was a compact gadget that linked to smartphones. It operated with just a button press. This button transmitted the user’s location to emergency services. The device possessed distinctive characteristics. It was compact and simple to transport. It operated within 150 feet of the user’s device. A subscription was necessary for tracking and notifications.
The item was accessible on the internet. Clients could purchase it from the firm’s website. They needed to purchase the device and subscribe on a monthly or yearly basis. The cost was $10 each month or $100 annually. This included round-the-clock surveillance and urgent notifications. Guard Llama focused on particular groups. Among those were students, elderly individuals, and real estate professionals.
Companies could also purchase it for their staff. Even with its possibilities the product encountered issues. Customer grievances and service problems damage its reputation. In 2021 it was not accessible anymore.
Conclusion
Guard Llama had a strong start. It was a smart product with a clear purpose. Joe and Nick created it to improve personal safety. They pitched their idea on Shark Tank. Barbara Corcoran made a deal with them. However, the company faced many challenges after the show. Legal issues and customer complaints hurt its growth. Despite its closure, Guard Llama showed the importance of innovation in personal safety.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
