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Grif (جريف)

Season 1 · Episode 3 · pitch 1 of 4

Grif manufactures and sells locally produced cast iron cookware (pots and pans) in Egypt as a healthy, durable, and affordable alternative to imported cast iron and non-stick cookware.

  1. Ask · EGP
    900Kfor 10%
  2. Best offer · EGP
    9Mvaluation
  3. Closed · EGP
    900Kfor 10%

3 offers · 1 joint · 1 revision

Implied valuation: the ask implied EGP 9M; the deal closed at EGP 9M, 0% below it.

The pitch, minute by minute

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14:16 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 900k EGP for 10% with Ayman Abbas: a 9M valuation, 0% below the 9M asked.

  • 3 investors made 3 offers (1 joint) and 1 revision. The highest valuation offered was 9M. The founder took it.

  • The ask came 0:04 into the pitch, in the opening.

  • The opening covered, in order: ask, problem, product solution, competition, use of funds, vision, demo; no sales or customer numbers in the opening.

  • Demo: physical product.

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46 investor events, all 46 matched to what was said · 18 answers graded · 15 figures

Aired in season 1 (2022), episode 3 · We don’t host video; timestamps onlyHow the data is built

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