Shark Tank Pitch

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ShredSkinz Shark Tank Update

2m

Fitness Outdoors


Pitch Overview
NameShredSkinz
Main PresentersKalaii Griffin II
Order Shown in Episode4
Final DealDeal was made on the show with sharks Mark Cuban for $60,000 for 20%.

ShredSkinz Shark Tank Pitch

Kalaii Griffin II appeared on Shark Tank Season 14, Episode 8, which aired on December 2, 2022, with Recyclable and disposable sauna suits. They trap body heat and increase metabolic activity..

ShredSkinz is listed in the Fitness Outdoors category. In plain terms, the business is described as Recyclable and disposable sauna suits. They trap body heat and increase metabolic activity..

ShredSkinz asked the Sharks for $60,000 for 20%, implying a valuation of about $300,000.

On the show, ShredSkinz made a listed deal with Mark Cuban for $60,000 for 20%.

If treated as straight equity, the listed deal works out to about $300,000 implied valuation, roughly the same implied valuation as the ask.

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


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$60,000 for 20%
SharksDealMark Cuban$60,000 for 20%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

ShredSkinz After Shark Tank

ShredSkinz accepted Mark Cuban's on-air offer of $60,000 for 20%, but later update coverage says the deal did not close after filming. (ShredSkinz Shark Tank Update

Link Preview

ShredSkinz Shark Tank Update

https://www.sharktankblog.com/business/shredskinz/

).

The brand still had meaningful traction after the episode: follow-up reporting put annual revenue at about $500,000, which suggests the Shark Tank appearance turned into real demand even without the Cuban investment. (ShredSkinz Shark Tank Update

Link Preview

ShredSkinz Shark Tank Update

https://www.sharktankblog.com/business/shredskinz/

).

By 2024, update coverage noted that copycat sauna suits had become a visible problem on Amazon, a familiar side effect for simple consumer products that get national television attention. (ShredSkinz Shark Tank Update

Link Preview

ShredSkinz Shark Tank Update

https://www.sharktankblog.com/business/shredskinz/

).

Founder Kalaii Griffin II also added a thermal body wrap to move the line beyond single-use sauna suits and into recovery-oriented fitness gear. (ShredSkinz Shark Tank Update

Link Preview

ShredSkinz Shark Tank Update

https://www.sharktankblog.com/business/shredskinz/

).

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/shredskinz/

.


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