Nerdit Now Shark Tank Update

Nerdit Now Shark Tank Pitch

Jonathan Hoxter, Markevis Gideon, and Jake Voorhe appeared on Shark Tank Season 11, Episode 5, which aired on October 27, 2019, with computer, phone and tablet mobile repair services.

Nerdit Now is listed in the Services category. In plain terms, the business is described as computer, phone and tablet mobile repair services.

Nerdit Now asked the Sharks for $150,000 for 20%, implying a valuation of about $750,000.

The source data lists no completed on-air deal for Nerdit Now.

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

Nerdit Now After Shark Tank

Nerdit Now did not get a deal on Shark Tank, then continued operating after the episode. (NerdiT Now Shark Tank Update

Update sources put Nerdit Now annual revenue around $4.6 million. (NerdiT Now Shark Tank Update

They were unable to secure PPP funding and are facing some financial stresses as a result. (NerdiT Now Shark Tank Update

On November 1, 2021, the company brought on Roger Chaufournier as CEO to help build out the franchise model. (NerdiT Now Shark Tank Update

Thee are also plans to open up a recycling center in Wilmington, as well as a downtown location for NERDiT’s IT training program, which launched in 2020. (NerdiT Now Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches