TRUFIT Customs Shark Tank Update

TRUFIT Customs Shark Tank Pitch

TRUFIT Customs appeared on Shark Tank Season 16, Episode 1, which aired on October 18, 2024, with Custom-fit mouthguards.

TRUFIT Customs is listed in the Fitness Outdoors category. In plain terms, the business is described as Custom-fit mouthguards.

TRUFIT Customs asked the Sharks for $750,000 for 5% equity, implying a valuation of about $15 million.

On the show, TRUFIT Customs made a listed deal for $750,000 for 10% equity.

If treated as straight equity, the listed deal works out to about $7.5 million implied valuation, down from the original $15 million implied valuation.

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

TRUFIT Customs After Shark Tank

TRUFIT Customs accepted an on-air deal for $750,000 for 10% equity. TRUFIT Customs remained active after the episode. (TruFit Customs - Shark Tank Season 16

TRUFIT Customs expanded TRUFIT Customs's product line by introducing nightguards and Vaporbite while testing custom-fit insoles in the 2024 NFL season. (TruFit Customs - Shark Tank Season 16

With a prior valuation of $7.5 million, TRUFIT Customs've already raised $1 million and have over 1,000 professional athletes using TRUFIT Customs's products across multiple leagues. (TruFit Customs - Shark Tank Season 16

TRUFIT Customs andrew Smith Website | + posts Bio Andrew is a lifelong fan of Shark Tank and an entrepreneur at heart. (TruFit Customs - Shark Tank Season 16

Since launching in 2022, TRUFIT Customs've generated $115,000 in TRUFIT Customs's first year, followed by $750,000 in 2023, and are on track to hit $1.4 million in 2024. (TruFit Customs - Shark Tank Season 16

Sources

Sources used for this page: sharktankblog.com