Nexersys Shark Tank Update

Fitness Equipment

No DealNow:Out of BusinessFitness & SportsSeason 5, Episode 16Austin, TXby Terry JonesWebsite

What Happened to Nexersys After Shark Tank

Is Nexersys still in business? No — the company has shut down.

  • No deal on Shark Tank
  • Sales increased 450% after airing
  • Eliminated all debt by 2019
  • $5M annual revenue by 2023
  • Decided to close operations

Last updated Sep 7, 2026.

Get updates on Nexersys

The Nexersys Shark Tank Pitch

Terry Jones of Austin, TX pitched Nexersys on Shark Tank Season 5, Episode 16, which aired Friday, January 31, 2014, asking for $2M for 10% of the company — a $20M valuation.

Nexersys left the Tank without a deal.

Watch the Pitch

Pitch Details

Aired
S5E16Jan 31, 2014
Ask
$2Mfor 10%
Ask Valuation
$20M