Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.
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| Name | Sworkit |
|---|---|
| Main Presenters | Ben Young, Greg Coleman |
| Order Shown in Episode | 1 |
| Final Deal | Offer made from sharks |
Ben Young and Greg Coleman appeared on Shark Tank Season 7, Episode 18, which aired on February 18, 2016, with customizable video workout fitness app.
Sworkit is listed in the Fitness Outdoors category. In plain terms, the business is described as customizable video workout fitness app.
Sworkit asked the Sharks for $1,500,000 for 8%, implying a valuation of about $18.8 million.
On the show, Sworkit made a listed deal with Mark Cuban for $1,500,000 for 10%.
If treated as straight equity, the listed deal works out to about $15 million implied valuation, down from the original $18.8 million implied valuation.
This pitch is included as context for the more important question: what happened after Shark Tank.
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Sharks | Deal | Mark Cuban | $1,500,000 for 10% |
| Company | Offered | $1,500,000 for 8% |
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Sworkit accepted an on-air Shark Tank deal for $1,500,000 for 10%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (SworkIt Shark Tank Update https://www.sharktankblog.com/business/sworkit/Link Preview
Sworkit reported sales of $60 million. (SworkIt Shark Tank Update https://www.sharktankblog.com/business/sworkit/Link Preview
As of December, 2021, the app has over 30 million downloads and ten million registered users (including my wife). (SworkIt Shark Tank Update https://www.sharktankblog.com/business/sworkit/Link Preview
Sources used for this page: Shark Tank API pitches https://www.sharktank-api.dev/pitches https://www.sharktank-api.dev/episodes https://www.sharktankblog.com/business/sworkit/Link Preview
Link Preview
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Stay up to date on the latest news and updates occuring in the Shark Tank world.
Stay up to date on the latest news and updates occuring in the Shark Tank world.