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Finally, a fitness system that understands your pain, frustration, and schedule. Local businesses Snacklins, Soupergirl, CertifiKID and Sworkit went on ABC's Shark Tank to pitch their businesses. Soupergirl’s Sara Polon walked into the tank with her mother, who is also the company’s co-founder, by her side. Wonderful, ever keen to talk about the financial side of things want to know about previous investors in the company and the company’s valuation. The episode premiered in February 2016, but Coleman says his team still sees bumps in the numbers from reruns. As for their demographic, users range in … Coleman, who is the CEO of Sworkit, remembers the moments before entering the tank. Nohbo Before Shark Tank. That point was demonstrated on February 19, when local entrepreneurs Ben Young and Gregory Coleman brought their exercise app, Sworkit, onto ABC’s Shark Tank. First they broke Shark Tank’s record in terms of the largest investment in a tech startup company, and secondly, they achieved this feet as Black-innovators operating outside the Silicon Valley. Nohbo is the innovative creation of sixteen-year-old entrepreneur, Benjamin Stern of Melbourne, Florida. Like many products that appear on the Shark Tank, SworkIt experienced a lot of media coverage after the episode aired with the app becoming even more popular than it already was. Sworkit From 'Shark Tank' Is Available Now To Give You A Personal Trainer In Your Pocket. After an awkward pause, Kobrosly, who lives in D.C.’s Tenleytown and started his Rockville company in 2016, began again and impressed the investors with knowledge of his company’s finances, and with his humor. Who says you can't get and stay in shape? Although Ben and Greg had been reaping the rewards of their app being a massive success, they decided that additional help and expertise was needed to take the app to the next level. He will give them the $1.5 million in debt and in return he wants an equity of 2.75% on closing. Make 2020 the year you finally take control. SworkIt Before Shark Tank SworkIt is a free fitness application for your smart device created by friends turned entrepreneurs, Ben Young and Greg Coleman. Lori is interested to hear how long the duo has been in business. I came across Sworkit while I was searching on Instagram and Reddit. It takes users through a five-minute to over an hour-long workout that contains 3 fitness components: aerobic, strength & resistance, and flexibility. Shark Tank: Sworkit Personalized Workout App Gets Investment from Mark Cuban for $1.5 Million Erica Abbott February 19, 2016 Twitter Facebook LinkedIn Flipboard 0 Sworkit is a premium digital health and fitness company founded in 2012. “I was very worried that they were going to show me laughing in her face, which really was not what I meant to do.”. Then there’s an entire investment process,” Coleman says. An impatient Mark starts to get worried that Lori will make a better counter offer. I had flash cards.” But when he walked onto the set, also known as the “tank,” he froze. - SWORKIT 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. Nexercise is a app developer that makes the popular fitness app Sworkit. Shark Tank Season 9 Premiere Date and Slate of Guest Sharks Announced. The free version of the app allows you to choose a set amount of time you can afford to dedicate to work out and all the user has to do is follow the instructions the app is giving you. “No one really ever pushes him,” Brian, 46, says. Welcome to the Shark Tank. Wonderful. Ben then goes on to explain that they are already ready to roll out the next branch of this app – SworkIt Kids. “I could not have done it without my mom,” Polon says. The pitches on the show lead to real deals—if the investors (the sharks) choose to bite. About Sworkit. Mark quickly decides to make an offer to the duo claiming that Kevin is annoying him. Ben and Greg enter the shark tank, introduce themselves and SworkIt to the sharks and explain that they are in the shark tank today seeking $1.5 million in exchange for an eight per cent equity stake in their company. Saturday, Mar 05. We wish them both the very best of luck! Higgins began mentoring the Polons and put them in touch with other business owners and marketing firms. DC might not be Silicon Valley, but that doesn’t mean it’s totally lacking in tech company potential. 2018. The questions do not phase the duo and they continue to impress the sharks with their technical knowledge of where they need to bring their product. That’s partly what gave Jamie’s husband, Brian, the president of CertifiKID, the confidence to spar with the indomitable O’Leary over the terms of his offer. Created by an MBA, Air Force pilot-turned personal trainer and Army vet-turned tech guru, Sworkit is designed as an alternative to all the complicated fitness app you have on your phone. Robert informs both Ben and Greg that he loved them and the idea.  He also claims that he was going to offer the $1.5 million required for a sixteen per cent equity share in the company but he acknowledges that Mark has a good offer on the table for the duo. If you cannot perform a certain exercise for some reason, you can skip it and the app will give you an alternative exercise to do. Sworkit provides a … “I nicknamed him Mr. Mensch,” Sara says. Sworkit entered the Shark Tank to debut a fitness app that customizes your workout and requires no equipment. Mark is very eager to invest in this product and is quick to ask Ben and Greg if he has a deal. The local entrepreneurs who landed an investment from billionaire Mark Cuban on ABC’s “Shark Tank” for their fitness app Sworkit didn’t end up closing the deal — agreeing to … So what makes SworkIt so different you may ask? ... Greg Coleman and Ben Young appear on Shark Tank where they verbally accept the largest tech deal at the time on the show. SWORKIT Fitness App – To appear this Friday on “Shark Tank”. Sworkit appeared on ABC's "Shark Tank" on February 19. 12 Days of ABC: Top Memorable Moments from Shark Tank Season 7. I'm a big animal lover, a complete foodie and a Muay Thai newbie. He wishes the pair the very best of luck before declaring himself out. Report incorrect company information. Wonderful for his tough criticisms and ruthless deals—cracked up. Sara says he told her that he regretted what happened during filming. December 30, 2020. Each workout can be done from your own home – all that is required is motivation from the user of the app. The excuses like, “I don't have the time”, or “I don't have a gym.” The App teaches you how to do a workout anywhere, and shows you what to do. The episode, which aired in October 2018, is a reminder for Polon of the grueling time spent pitching and fielding questions about their certified kosher, plant-based soup business. SworkIt, short for Simply Work It is an app that is built to give users four different types of workout – strength training, cardio, yoga and stretching. Snacklins co-founder Samy Kobrosly had done his homework and felt prepared to pitch his vegan pork rinds on an October 2019 episode of Shark Tank. After filming, shark Matt Higgins, who co-founded private investment firm RSE Ventures and has invested in restaurant companies Momofuku and &pizza, reached out to Soupergirl. Their business is based in Bethesda. The Ratners accepted the offer, and the partnership has been smoother sailing ever since. Lori wants to know what exactly the pair need the money for and what they are going to do with it if she were to invest. When the coronavirus pandemic hit earlier this year, Cuban was there to help. I was getting more and more excited as I kept reading, which unfortunately lead me to make a novice mistake. Apparently the app had even managed to secure funding from Mark Cuban on the show Shark Tank. Ben explains that himself and Greg are the category leader in the fitness app market. SworkIt, … Ben claims that SworkIt is like the Spotify only instead of songs you have various workout routines. Since SworkIt has launched, it has gained a following of more than ten million users all over the world. The app was first released back in 2014. Become a Sworkit member and get all the support you need to succeed with our amazing SworkTeam Community. With a number of customizable workouts that don’t require any equipment, this app […] Sworkit.com In February 2016, Ben Young and Gregory Coleman of Washington, DC pitched their app Sworkit on Shark Tank. … “I had notes. Lori deliberates before confirming that the valuation is just too high for her and for that reason, she declares herself out. Robert is interested to hear more about how the pair started off on the SworkIt journey. Thursday, Aug 24. Whether you’re an absolute beginner, intermediate, or advanced, Sworkit makes it simple to get in shape and stay in shape. Ben explains that they want to double the number of people in their engineering team so they can further develop the speed at which the make advances to the SworkIt app. 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 ‘ask the trainer’ section. The sharks liked the taste of Kobrosly’s product, made from fresh mushrooms, onion and yuca. Will the sharks bite and invest in SworkIt? O’Leary offered $600,000 for a 20% equity stake, with the contingency that he’d get a three times return on his investment if he exited the company. Further to that, the premium version of the SworkIt app is free from advertisements which may also be appealing to users. When real estate mogul Barbara Corcoran made an offer contingent upon Jamie and Brian turning CertifiKID, which was founded in 2010, into a franchise, Brian laughed out loud. The Sworkit co-founders advanced through the audition process and were set up with a producer. “It was nervous laughter,” he says. As SworkIt follows these guidelines, it has been hailed one of the best workout apps on the market. However, even though the deal not closing was a blow for both Ben and Greg, they have since been regrouping and enjoying the publicity the app received from appearing on the show. 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. According to the American College of Sport’s Medicine, good workout regimes should include a mix of cardio, strength and resistance training as well as flexibility training. The key features and benefits of our iOS and Android app all that is required is motivation from the of. Unfortunately lead me to make a better counter offer fence as she watched the sharks. 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