Tower Paddle Boards Shark Tank Update

Outdoor Recreation

DealNow:ThrivingFitness & SportsSeason 3, Episode 9San Diego, CAby Stephan AarstolWebsite

What Happened to Tower Paddle Boards After Shark Tank

Is Tower Paddle Boards still in business? Yes — still in business and thriving.

$5M

reported annual revenue

  • 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

Last verified Apr 1, 2026.

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The Tower Paddle Boards Shark Tank Pitch

Stephan Aarstol of San Diego, CA pitched Tower Paddle Boards on Shark Tank Season 3, Episode 9, which aired Friday, March 16, 2012, asking for $150,000 for 10% of the company — a $1.5M valuation.

Mark Cuban agreed to invest $150,000 for 30% equity, valuing the company at $500,000. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S3E9Mar 16, 2012
Ask
$150,000for 10%
Ask Valuation
$1.5M

Deal Terms

Amount
$150,000
Equity
30%
Valuation
$500,000
Mark CubanMark Cuban

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