Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Rapid Rope Shark Tank Update

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Accessories Gadgets

Pitch Overview
NameRapid Rope
Main PresentersGeanie Rodgers, Chris Rodgers
Order Shown in Episode2
Final DealDeal was made on the show with sharks Barbara Corcoran for $200,000 for 30%.

Rapid Rope Shark Tank Pitch

Geanie Rodgers and Chris Rodgers appeared on Shark Tank Season 11, Episode 12, which aired on January 18, 2020, with multi-use utility rope dispensing and cutting cannister.

Rapid Rope is listed in the Accessories Gadgets category. In plain terms, the business is described as multi-use utility rope dispensing and cutting cannister.

Rapid Rope asked the Sharks for $200,000 for 20%, implying a valuation of about $1 million.

On the show, Rapid Rope made a listed deal with Barbara Corcoran for $200,000 for 30%.

If treated as straight equity, the listed deal works out to about $666,666.667 implied valuation, down from the original $1 million implied valuation.

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

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$200,000 for 20%
SharksDealBarbara Corcoran$200,000 for 30%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Rapid Rope After Shark Tank

Rapid Rope accepted an on-air Shark Tank deal for $200,000 for 30%, but follow-up reporting says the deal did not close after filming. (Rapid Rope Shark Tank Update ).
By August 2024, update sources put Rapid Rope annual revenue around $900,000. (Rapid Rope Shark Tank Update ).
Rohan did make good on his offer of $10,000 for the school. (Rapid Rope Shark Tank Update ).
By August 2024, the company has between $900,000 and $1 million in annual revenue. (Rapid Rope Shark Tank Update ).
The estimated net worth of Rapid Rope is between $1 million and $2 million. (Rapid Rope Shark Tank Update ).

Sources

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

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