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All Sharks
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Sworkit
Deal
personalized customizeable workout app
Season 7, Episode 18
19-Feb-16
Bethesda, MD
Fitness/Sports/Outdoors
Entrepreneur Details
Entrepreneurs
Ben Young and Greg Coleman
Gender
Male
US Viewership
6.2M viewers
Website
sworkit.com
The Ask
$1,500,000
for 8% equity
Implied valuation:
$18,750,000
The Deal
$1,500,000
for 10% equity
Deal valuation:
$15,000,000
+0.0% vs ask amount
Equity changed by
+2.0%
Shark Investment (1 shark)
Mark Cuban
Investment
$1,500,000
Equity
10%
Additional Details
Pitch #
564
Season
25-Sep-15 – 20-May-16
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Multiple Entrepreneurs
Yes
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin