Sworkit

personalized customizeable workout app

SworkitDidn't CloseFitness & SportsWebsiteBethesda, MDby Ben Young and Greg ColemanS7E18

Pitch Details

Season / Episode

S7E18

Feb 19, 2016

Ask

$1.5M

for 8%

Ask Valuation

$18.8M

Deal

$1.5M

for 10%

Watch the Pitch

Deal Terms

Amount$1.5M
Equity10%
Valuation$15M
Mark CubanMark Cuban

What Happened Next

Deal Fell Through

Differences in vision between Cuban and founders during due diligence

Thriving

$60M

estimated

  • On-air deal with Mark Cuban did not close post-show
  • Over 30 million downloads and 10 million registered users as of December 2021
  • Approximately $60 million in annual sales as of December 2021
  • Partnered with Blink Fitness in March 2020 and Solera Health in December 2021

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