SurfSet Fitness
DealFitness Programs
Best known from its Shark Tank appearance, SurfSet Fitness is a fitness programs in Season 4, and convinced Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $150K
- Asked for
- 10%
- Offered equity
- $1.5M
- Sought valuation
- $300K
- Deal amount
- 30%
- Deal equity
- $1M
- Deal valuation
Mike Hartwick and Sarah Ponn walked into the Tank in Season 4, Episode 2 in the episode that aired September 21, 2012, bringing their Manchester, NH business with them. SurfSet Fitness, the fitness programs, pitched in the Sports & Outdoors category, one of 154 sports & outdoors 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.
Mark Cuban made the deal at $300,000 for 30% equity. That priced the company at $1M, a haircut from the $1.5M the founders walked in asking for, which is how negotiations in the Tank usually go.
SurfSet Fitness was one of 103 businesses to pitch in Season 4, where 52 deals got done. In the Sports & Outdoors category overall, roughly 64% of pitches have landed a shark across the show's history.
The full story
Everything to know about SurfSet Fitness
SurfSet Fitness is a workout system built around a surfboard-style balance board that simulates riding a wave, turning core stability and balance training into a studio class format. It was created by Mike Hartwick, a former pro hockey player, along with Sarah Ponn, who saw a chance to bottle the full-body challenge of surfing into an indoor fitness experience anyone could try.
The founders asked for 150,000 dollars for 10 percent. The demo was lively, with the unstable board making the workout look genuinely difficult, and Mark Cuban saw a scalable boutique fitness concept. He ended up investing more than the original ask, putting in 300,000 dollars for a 30 percent stake to fund a faster build-out of studios and instructor training.
SurfSet caught attention because boutique fitness was booming and the surf theme gave it a distinct hook in a sea of spin and bootcamp brands. The equipment was the product, but the real opportunity was a class format and instructor certification network that studios everywhere could license, which is what made it attractive to a Shark thinking about scale.
Where SurfSet Fitness is now
Backing from Cuban helped SurfSet expand from an equipment maker into a recognized boutique fitness brand with a global instructor certification network and partnerships with several large consumer companies. Surf-style classes spread to studios in many countries, and the brand became a familiar name in the balance-training corner of the fitness world.
The picture today is mixed. Records indicate the original company stopped operating around 2021 and that Hartwick left around the same time, but the SurfSet brand and its classes live on through independently run, licensed studios. So while the founding company appears to have wound down, SurfSet workouts are still taught at studios operating under the brand as of recent years.
Where to buy SurfSet Fitness
Because the original SurfSet company appears to have wound down, the most reliable way to experience SurfSet is by booking a class at one of the independently operated, licensed studios that still teach the format. Buying the branded boards new directly from the original maker is no longer straightforward, so check whether a local studio offers classes first, and approach any standalone equipment listings with that ownership history in mind.
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Frequently asked questions
Where can I buy SurfSet Fitness?
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 SurfSet Fitness get a deal on Shark Tank?
Yes. SurfSet Fitness closed a deal for $300,000 in exchange for 30% equity, with Mark Cuban.
Which shark invested in SurfSet Fitness?
Mark Cuban invested in SurfSet Fitness ($300,000 total as aired).
What season of Shark Tank was SurfSet Fitness on?
SurfSet Fitness appeared in Season 4, Episode 2, which aired September 21, 2012.
How much was SurfSet Fitness asking for on Shark Tank?
The founders asked for $150,000 for 10% of the company, a $1.5M valuation.
Is SurfSet Fitness still around?
The original company appears to have stopped operating around 2021, but the SurfSet brand and its classes continue through independently run, licensed studios in various locations. The workout format itself is still taught.
How much did Mark Cuban invest in SurfSet?
Mark Cuban invested 300,000 dollars for a 30 percent stake, more than the founders' original ask of 150,000 dollars for 10 percent. He saw it as a scalable boutique fitness concept.
What is a SurfSet workout like?
It uses an unstable surfboard-style balance board to mimic the feel of surfing, working your core, balance, and full body. Classes blend cardio and strength moves performed on the wobbly board.
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