Kymera Body Boards Shark Tank Update

Kymera Body Boards Shark Tank Pitch

Jason Woods appeared on Shark Tank Season 10, Episode 21, which aired on April 28, 2019, with Electric powered surfboard-looking device that is relatively lightweight and inexpensive..

Kymera Body Boards is listed in the Fitness Outdoors category. In plain terms, the business is described as Electric powered surfboard-looking device that is relatively lightweight and inexpensive..

Kymera Body Boards asked the Sharks for $250,000 for 5%, implying a valuation of about $5 million.

On the show, Kymera Body Boards made a listed deal with Robert Herjavec for $500,000 for 10%.

If treated as straight equity, the listed deal works out to about $5 million implied valuation, roughly the same implied valuation as the ask.

This pitch is included as context for the more important question: what happened after Shark Tank.

Kymera Body Boards After Shark Tank

Kymera Body Boards was a return pitch: Jason Woods first appeared in Season 5, then came back in Season 10 with Adam Majewski and a more mature electric watercraft business. (Kymera Body Boards Shark Tank Update

Robert Herjavec offered $500,000 for 10% on air, but later updates say the deal did not close. (Kymera Body Boards Shark Tank Update

The company kept going anyway, raising outside money, adding products like an electric kayak and jet board, and building international distributor and dealer relationships. (Kymera Body Boards Shark Tank Update

By 2023, recap reporting put total sales above $6 million, including roughly $1 million that year, making the return pitch meaningfully stronger than the original Season 5 attempt. (Kymera Body Boards Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches