Nexersys
No DealFitness Equipment
Nexersys is a fitness equipment that got its big break on Shark Tank in Season 5, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $2M
- Asked for
- 10%
- Offered equity
- $20M
- Sought valuation
Founder Terry Jones stepped onto the carpet in Season 5, Episode 16 in the episode that aired January 31, 2014, bringing their Austin, TX business with them. Nexersys, the fitness equipment, pitched in the Sports & Outdoors category, one of 154 sports & outdoors businesses to brave the Tank across all 17 seasons.
The ask was $2,000,000 for 10% of the company, an implied valuation of $20M.
No deal. Every shark declined, and Nexersys walked. But a Shark Tank appearance reaches millions of viewers whether or not a check gets written, and plenty of no-deal companies have turned that airtime into lasting businesses.
Season 5 saw 116 pitches, and 60 of them closed a deal on air. In the Sports & Outdoors category overall, roughly 64% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Nexersys?
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 Nexersys get a deal on Shark Tank?
No. Nexersys pitched the sharks but left Season 5 without a deal.
What season of Shark Tank was Nexersys on?
Nexersys appeared in Season 5, Episode 16, which aired January 31, 2014.
How much was Nexersys asking for on Shark Tank?
The founders asked for $2,000,000 for 10% of the company, a $20M valuation.
Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.
