Shark Tank Pitch

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Sproing Fitness Shark Tank Update

2m

Fitness Outdoors

Pitch Overview
NameSproing Fitness
Main PresentersPaul Toback, Steve Lenz
Order Shown in Episode2
Final DealAll Sharks went Out

Sproing Fitness Shark Tank Pitch

Paul Toback and Steve Lenz appeared on Shark Tank Season 10, Episode 9, which aired on January 5, 2019, with interval workout machine.

Sproing Fitness is listed in the Fitness Outdoors category. In plain terms, the business is described as interval workout machine.

Sproing Fitness asked the Sharks for $500,000 for 8%, implying a valuation of about $6.3 million.

The source data lists no completed on-air deal for Sproing Fitness.

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

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$500,000 for 8%
SharksOutOut

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Sproing Fitness After Shark Tank

Sproing Fitness left Shark Tank without a deal, but the business continued after the episode. (Sproing Fitness Shark Tank Update ).
By April 2024, the company still has five studios, and Sproing Fitness has continued to make inroads in sales to other fitness facilities. (Sproing Fitness Shark Tank Update ).
Not much has changed for Sproing. (Sproing Fitness Shark Tank Update ).
Despite a flat year in 2020 due to Covid-19-related business closures, the company has $12 million in annual revenue. (Sproing Fitness Shark Tank Update ).
The estimated net worth of Sproing Fitness is around $30 million. (Sproing Fitness Shark Tank Update ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com .

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