Shark Tank Pitch

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

TERRA-Core Shark Tank Update

2m

Fitness Outdoors


Pitch Overview
NameTERRA-Core
Main PresentersGreg Nigro
Order Shown in Episode3
Final DealDeal was made on the show with sharks Lori Greiner for $300,000 for 22.5%.

TERRA-Core Shark Tank Pitch

Greg Nigro appeared on Shark Tank Season 11, Episode 8, which aired on November 16, 2019, with air-filled workout surface that increases muscle activation.

TERRA-Core is listed in the Fitness Outdoors category. In plain terms, the business is described as air-filled workout surface that increases muscle activation.

TERRA-Core asked the Sharks for $300,000 for 15%, implying a valuation of about $2 million.

On the show, TERRA-Core made a listed deal with Lori Greiner for $300,000 for 22.5%.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, down from the original $2 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$300,000 for 15%
SharksDealLori Greiner$300,000 for 22.5%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

TERRA-Core After Shark Tank

TERRA-Core accepted an on-air offer, but follow-up reporting says the deal did not close. The company kept selling the balance-training platform anyway. (TERRA-Core Shark Tank update

Link Preview

TERRA-Core Shark Tank update

https://www.sharktankblog.com/business/terra-core/

).

The revenue trail improved after the episode. Follow-up reporting put annual revenue around $500,000 in July 2021, then about $1.4 million by July 2022. (TERRA-Core follow-up reporting

Link Preview

TERRA-Core follow-up reporting

https://www.sharktankblog.com/business/terra-core/

).

The current Terra-Core fitness site sells the original trainer, accessories, and workout programming, keeping the brand centered on unstable-surface strength and balance training. (TERRA-Core official site

Link Preview

TERRA-Core official site

https://www.terracorefitness.com

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

Link Preview

sharktankblog.com

https://www.sharktankblog.com/business/terra-core/

, terracorefitness.com

Link Preview

terracorefitness.com

https://www.terracorefitness.com

.


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