The Natural Grip Shark Tank Update

The Natural Grip Shark Tank Pitch

Ashley Drake appeared on Shark Tank Season 6, Episode 8, which aired on November 6, 2014, with custom crossfit gym handgrips for working out.

The Natural Grip is listed in the Fitness Outdoors category. In plain terms, the business is described as custom crossfit gym handgrips for working out.

The Natural Grip asked the Sharks for $100,000 for 20%, implying a valuation of about $500,000.

On the show, The Natural Grip made a listed deal with Robert Herjavec for $125,000 for 25%.

If treated as straight equity, the listed deal works out to about $500,000 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.

The Natural Grip After Shark Tank

The Natural Grip accepted an on-air Shark Tank deal for $125,000 for 25%. Follow-up reporting lists the post-show status as out of business. (The Natural Grip Shark Tank Update

The Natural Grip gets an update segment in Beyond the Tank episode 108. (The Natural Grip Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches