Jump Forward
DealOnline Services
Best known from its Shark Tank appearance, Jump Forward is a online services in Season 1, and convinced Robert Herjavec and Kevin O'Leary to invest.
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From the show
The Shark Tank pitch
- $150K
- Asked for
- 10%
- Offered equity
- $1.5M
- Sought valuation
- $600K
- Deal amount
- 50%
- Deal equity
- $1.2M
- Deal valuation
Brian Duggan and Adam McCombs walked into the Tank in Season 1, Episode 10 in the episode that aired October 20, 2009, bringing their Chicago, IL business with them. Jump Forward, the online services, pitched in the Kids & Education category, one of 134 kids & education businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $150,000 for a 10% stake, which valued the company at $1.5M.
Robert Herjavec and Kevin O'Leary teamed up at $600,000 for 50% equity. That priced the company at $1.2M, a haircut from the $1.5M the founders walked in asking for, which is how negotiations in the Tank usually go.
Jump Forward was one of 64 businesses to pitch in Season 1, where 27 deals got done. In the Kids & Education category overall, roughly 66% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Jump Forward?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.
Did Jump Forward get a deal on Shark Tank?
Yes. Jump Forward closed a deal for $600,000 in exchange for 50% equity, with Robert Herjavec and Kevin O'Leary.
Which shark invested in Jump Forward?
Robert Herjavec and Kevin O'Leary invested in Jump Forward ($600,000 total as aired).
What season of Shark Tank was Jump Forward on?
Jump Forward appeared in Season 1, Episode 10, which aired October 20, 2009.
How much was Jump Forward asking for on Shark Tank?
The founders asked for $150,000 for 10% of the company, a $1.5M valuation.
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