Kit Lender Shark Tank Update

Kit Lender Shark Tank Pitch

Forrest Shinners appeared on Shark Tank Season 11, Episode 9, which aired on November 30, 2019, with ski and snowboard rental clothes – jacket, pants, goggles and gloves.

Kit Lender is listed in the Clothing Fashion category. In plain terms, the business is described as ski and snowboard rental clothes – jacket, pants, goggles and gloves.

Kit Lender asked the Sharks for $200,000 for 7%, implying a valuation of about $2.9 million.

The source data lists no completed on-air deal for Kit Lender.

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

Kit Lender After Shark Tank

Kit Lender did not get a deal on Shark Tank, then continued operating after the episode. (Kit Lender Shark Tank Update

Update sources put Kit Lender annual revenue around $1 million. (Kit Lender Shark Tank Update

Despite not getting a deal, the traffic on show night burdened the company website with over 25,000 simultaneous users. (Kit Lender Shark Tank Update

As of July, 2021, the company added camping and hiking gear to the mix. (Kit Lender Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches