Tower Paddle Boards
Tower Paddle Boards - Outdoor Recreation
Pitch Details
Season / Episode
S3E9
Mar 16, 2012
Ask
$150,000
for 10%
Ask Valuation
$1.5M
Deal
$150,000
for 30%
Watch the Pitch
Deal Terms
Amount$150,000
Equity30%
Valuation$500,000
Mark CubanWhat Happened Next
Thriving
$5M
reported
- Appeared on Season 3, made deal with Mark Cuban for $150K for 30%
- Grew to over $5 million in annual revenue
- Founder Stephan Aarstol implemented a 5-hour workday, gained national media attention
- Direct-to-consumer model disrupted the paddle board industry
- Mark Cuban has called this one of his best Shark Tank investments
Get updates on Tower Paddle Boards
Shop Products
Tower Adventurer 2 Inflatable Paddle Board
10'4" inflatable stand-up paddle board with 6" thickness, wide stance, pump, and adjustable paddle included — non-slip deck for all skill levels.
Tower Xplorer 14' Inflatable Paddle Board
Premium 14-foot inflatable SUP with 8" thickness for touring and expedition paddling — includes pump, paddle, and non-slip deck.