Shark Tank Pitch

Freaker USA Shark Tank Update

Published:

2m

Wilmington, NC



Pitch Overview
NameFreaker USA
Main PresentersZach Crain
Presenter Image
Freaker USA Entrepreneur Image
Product Image
Freaker USA Product Image
Last Known in Business9/23/2022
Main Location

Wilmington, NC

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Order Shown in Episode2
Final DealAll Sharks went Out

The Pitch

Zach Crain turned a box truck into a house and traveled across the country throwing grilled cheese parties and sold his brand of drink koozies. Freaker USA koozies stretch to fit several bottle shapes and have whimsical designs.

In Barbara's words, Zach Crain is a "strange cat." Zach is part of the brand, has a long beard, dresses to his own beat, and makes beeping noises between sentences. Freaker USA has done well marketing Zach's brand.

In the last 13 months, Freaker USA has done $320k in revenue. Zach seems to have built Freaker USA into a solid business. While there may be an intelligent person behind the character Zach presents in, the sharks don't see that side of Zach in his presentation, which makes the sharks uneasy giving Zach their money.

If I had to listen to 'Beep beep beep—Hey Mark—Beep Beep Beep—What's up?—Beep beep beep." I'd shoot myself.

—Mark Cuban

Kevin makes a single offer that is beyond Zach's range and, eventually all the sharks go out.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$200k for 10% of company
SharksOfferedKevin O'Leary$200k for 50% of company
SharksOutKevin O'LearyOut
SharksOutBarbara CorcoranOut
SharksOutRobert HerjavecOut
SharksOutDaymond JohnOut
SharksOutMark CubanOut

Mark Cuban
Mark Cuban

Mark Cuban

Out

Daymond John
Daymond John

Daymond John

Out

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


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Update After Shark Tank

I wasn't sure if this was going to be like Steve the pirate in the movie Dodgeball, who cuts his hair at the end of the movie and gives up the pirate act. Zach Crain has instead persisted as we saw him with continued success.

Zach used Kickstarter

Link Preview

Kickstarter

https://www.kickstarter.com/projects/freakerusa/freaker-feet-127-usa-made-sock-designs/creator_bio

to raise money for several products. In 2011 Zach raised $62k for Freaker USA. In 2015 he raised $255k to launch Freaker Feet, knit socks to match Freaker koozies. In 2019 Zach raised $42k for a smaller koozie for cups called the Slippy.

In 2021 Zach raised $266k in a Kickstarter campaign for a new business, Narsehole, a bidet accessory for traditional toilets.

In 2022, Freaker sells its 100% made-in-America koozies and socks at freakerusa.com

Link Preview

freakerusa.com

https://www.freakerusa.com

. Their Instagram, @freakerusa

Link Preview

@freakerusa

https://www.instagram.com/freakerusa

, actively posts.



@SharkTankUp