Brazyn Life/Brazyn Foam Roller Net Worth
Brazyn Life is a performance lifestyle business that provides portable equipment to athletes to assist them in staying in peak physical shape wherever they go. The company’s flagship product, the Morph Roller, is a collapsible, travel-friendly foam roller for pain relief and recovery.
Nate Lawrie, Brazyn Life’s CEO and founder, was inspired to create the Morph Roller after suffering a debilitating injury during his third NFL season. He ultimately extended his career an additional five years through physical therapy utilizing a foam roller.
Brazyn Life appeared on Shark Tank in October 2017. Tom Hopkins and Nate Lawrie asked for $225,000 for 10% equity but accepted an offer from Lori Greiner and Sara Blakely of $250,000 for 20% equity.
As of June 2021, the company’s yearly revenue is $6 million. Brazyn Life’s founders Tom Hopkins and Nate Lawrie have a net worth of $4.8 million as of 2022.
What is Brazyn Life and Who is the Founder of Brazyn Life?
Brazyn Life is a performance lifestyle business that offers portable equipment to athletes, allowing them to maintain peak physical shape while on the go.
Their initial product is the Morph Collapsible Foam Roller, which has a collapsible core and a lightweight shell, providing the advantages of a conventional size foam roller.
Brazyn Life also provides resistance bands, massage rings, morph sticks, clothing, and other items. The company was founded by Nate Lawrie, a former NFL player who played as an All-American tight end at Yale University and earned a Bachelor’s degree in Political Science in 2004.
After joining the Tampa Bay Buccaneers in 2004, Lawrie was traded to the New Orleans Saints in his third year, where he suffered a back injury that ended his season.
This event led Lawrie to create Brazyn Life after finding traditional foam rollers bulky and impractical for travel. He developed his own foldable prototype that was lightweight and travel-friendly.
Despite being the only collapsible foam roller in the market, Brazyn Life’s model is less bulky but no less durable than non-collapsible alternatives. They offer a roller for $68, with the option to add a washable skin for an extra $10.
Brazyn Life offers bundle options to reduce the cost of buying multiple items. In December 2015, they successfully raised $65,382 through a Kickstarter campaign to put their prototype into production. Today, Lawrie continues to run the company effectively, with positive feedback from both elite athletes and casual consumers.
Brazyn’s Life the Shark Tank Pitch
During their pitch on Season 9 Episode 6, Steven and Eric sought $225,000 for a 10% stake in their company, giving it a $2.25 million valuation. After presenting their product and offering samples, they were questioned by the Sharks.
Nate, who had invented the world’s only folding foam roller, explained that it was created to make transport easier and had helped prolong his NFL career by five years. The product cost $26.75 to produce and retailed for $68, but Nate expected to lower the cost as sales increased.
Although Kevin challenged the valuation, Daymond offered $225,000 for 15%, and Kevin offered $225,000 for 20%. Lori and Sara also expressed interest in investing.
Nate then proposed $250,000 for 20%, which was accepted by both Kevin and Daymond. After some discussion, Lori and Sara’s investment never materialized, and the company ran out of inventory following the show’s airing.
However, Brazyn’s Life expanded its product line to include The Morph Stick and two versions of the Morph Roller. As of June 2021, the company had successfully completed an IndieGoGo campaign for The Flip Bench, a space-saving incline bench, and had an annual revenue of $6 million.
Brazyn Life Net Worth
Steven and Eric appear on Shark Tank Pitch season 9 episode 6 in search of $225,000 for a 10% stake in their firm. This translates to a $2.25 million valuation.
They accepted an offer from Lori and Sarah of $250,000 for 20% stake thus valuing the company at $1.25 million valuation.
Brazyn Life Competitors
The Gaiam Restore Total Body Foam Roller is a roller that functions like Brazyn Foam Roller.
Brazyn Life FAQS
What is Brazyn Life?
Brazyn Life is a performance lifestyle business that provides portable equipment to athletes to assist them stay in peak physical shape wherever they go.
Who is the founder of Brazyn Life?
Tom Hopkins and Nate Lawrie are the founders of Brazyn Life.
How much was they seeking in the Shark Tank?
They were $225,000 for 10% stake in Brazyn Life.
Did they get the deal from the Shark Tank?
Yes, they got the deal from Lori and Sarah.
How much was the deal?
They got $250,000 for 20% in the joint venture.
Is Brazyn Life still in business?
As of June 2021, the firm is wrapping up a successful IndieGoGo campaign for The Flip Bench, a space-saving incline bench. The company’s yearly revenue is $6 million.
What are the products of Brazyn Life?
The following are Brazyn’s products;
Morph Collapsible Foam Rollers, Morph Skins, Mobility Straps, Extension Kits and Brazyn Apparel.
Is foam rolling a hoax?
While there are several advantages to rolling out their muscles before or after a workout, research have shown that foam rolling may be utilized without changing muscular function or strength and may simply be used as a less expensive way of soft tissue massage.
Are their products eco- friendly?
They employ 90 percent sustainable packaging materials, source responsibly, and manufacture their products using eco-friendly materials like as aluminium and bamboo.
While they are not currently carbon neutral, they try to achieve this objective on an annual basis.
Hard is the foam on the Rollers?
The Morph’s foam density is described as having a Goldilocks quality—not too firm, nor too soft…just perfect. This foam roller is ideal for both new and experienced foam roller users.
How much weight does Morph?
The Morph can support up to 350 pounds (160 kg)! Before using, make sure the support disks are completely erect and ready to roll.
What are their shipping methods?
They use USPS Priority for orders comprising 1-2 goods in the United States. FedEx Home Delivery is used for bigger orders. Local courier services are essential for international couriers.
When was Brazyn Life featured on Shark Tank?
They are featured on Shark Tank season 9 in episode 6 on October 29th, 2017.
Are their products available for retail?
Yes, their products are available for retail and can be bought at Amazon and the company’s website.
When was Brazyn Life founded?
Brazyn Life was founded in 2015.
Where are Brazyn Life based?
Brazyn Life is a kickass fitness equipment brand based in the United States. Nate Lawrie created the firm in 2015, and it is headquartered in Santa Barbara.