sworkit shark tank
Sworkit appeared on ABC's "Shark Tank" on February 19. Coleman, who is the CEO of Sworkit, remembers the moments before entering the tank. “I had notes. The company has been seen on USA Today, Shark Tank, Tech Insider, and more, and has been included in workout, exercise, health, and fitness “Best Apps” lists in Women’s Health, Cosmopolitan, Inc., Healthline, Active.com, and more. The Sworkit co-founders advanced through the audition process and were set up with a producer. Sworkit, daily workout and fitness app, is set to be featured on Shark Tank this Friday, February 19th, 2016 from 9:00 PM EST on ABC. “We didn’t need the deal,” CEO Jamie Ratner, 43, says. Sworkit is a premium digital health and fitness company founded in 2012. But Sworkit stands out with personalized workout programs from trainers, all with high-quality demonstrations and an ad-supported platform. Further to that, the app does not require for you to be part of a gym or to pay any high membership fees to attend classes. - SWORKIT Barbara claims that currently she exercises three times a week and she has the luxury of a personal trainer. Ben Young and Gregory Coleman, CEO and COO of Nexercise, respectively, walked into an episode of ABC’s Shark Tank last week with their popular workout app, Sworkit (“Simply Work It”). As SworkIt follows these guidelines, it has been hailed one of the best workout apps on the market. After giving a short presentation, business owners ask for a monetary investment in exchange for an equity stake in the company. The wife and husband team asked for a $600,000 investment in exchange for an 8% stake in their company, valuing the business at nearly $5 million, to which shark Daymond John first responded, “Oh, this is uncomfortable.” But after hearing about CertifiKID’s financial success, the FUBU apparel company co-founder was one of three sharks to offer the Ratners a deal. SworkIt, … Apparently the app had even managed to secure funding from Mark Cuban on the show Shark Tank. Anyadiegwu wanted $460,000 in return for a 10 percent stake in the company. document.getElementById("comment").setAttribute( "id", "ada701d211ddbf51b1b4c7a99a8d5150" );document.getElementById("f2c767f764").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. Sounds easy right? He wishes the pair the very best of luck before declaring himself out. Robert wants to know if they made money from the first product and Greg explains that since their company launched, they have made just under $2 million. Kevin is interested to hear if there is an annual charge or a subscription type charge but Ben explains that that is something that will be introduced soon. Wonderful, ever keen to talk about the financial side of things want to know about previous investors in the company and the companyâs valuation. Before you know it, the workout is complete and recorded on the app. “He had multiple employees that we could literally call any time of the day,” Kobrosly says. “I studied it like it was a test,” he says. You can live your best life, once and for all. After leaving the shark tank delighted to have made a deal with shark Mark Cuban, Ben and Greg met with Mark to go through the finer details of the investment and close the deal. Then there’s an entire investment process,” Coleman says. SworkIt, short for Simply Work It is an app that is built to give users four different types of workout â strength training, cardio, yoga and stretching. There is a core group of 6 sharks (Mark Cuban, Robert Herjavec, Barbara Corcoran, Lori Greiner, Daymond John, and Kevin O’Leary), 5 of which appear on any given episode of Shark Tank. About Sworkit. ... Greg Coleman and Ben Young appear on Shark Tank where they verbally accept the largest tech deal at the time on the show. Here's how they fared. 3 Ways You Can Stay Active While Working at Home. Sworkit, the workout app that comes with a personalized playlist and is pitched on Shark Tank is endorsed by Donald Trump's daughter, Ivanka Trump. After a moment of silence, Ben announces that they have a deal. Will the sharks bite and invest in SworkIt? “Now that we know [O’Leary], he’s a very nice guy,” Jamie says. There is also a premium or paid version of the app in which users of the app can save various customized workouts, adjust the exercise or resting periods and there is even an additional âask the trainerâ section. Saturday, Mar 05. Mark decides to offer the $1.5 million for a ten per cent share in the company as well as $1.5 million worth of advertisement inventory giving him a platform to advertise his various products on the free version of the SworkIt app. You don’t have to live in the gym to be fit. When Greg Coleman and Ben Young were in business school together, they struggled to find time to work out. Their business is based in Bethesda. With so many people now working from home, it can be difficult to get your daily exercise in. Lacking in tech company potential that is required is motivation from the user of the.... A week and she has been propelled into the Top five rankings of all the support you need to with! 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