Brazyn Life/Brazyn Foam Roller Shark Tank Update |What happened to Brazyn Life after the Shark Tank Pitch?
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.
The Morph Collapsible Foam Roller, which provides the benefits of a conventional size foam roller with a collapsible core and a lightweight shell, is the company’s initial product.
Resistance bands, massage rings, morph sticks, clothes, and other items are also available at Brazyn Life.
Who is the Founder of Brazyn Life?
Nate Lawrie, a former NFL player, established Brazyn Life. He was an All-American tight end at Yale University, where he earned a Bachelor’s degree in Political Science in 2004.
Lawrie began his career with the Tampa Bay Buccaneers in the same year, only to be traded to the New Orleans Saints in his third year.
He then had a back injury that forced him to miss the rest of the year, which led to the creation of Brazyn Life. Lawrie is still running the firm effectively today, with good evaluations for his products from both elite athletes and casual consumers.
Lawrie’s success may be attributed to his ingenuity and reluctance to give up, both of which are essential characteristics of an entrepreneur.
After suffering a back injury, he was advised that it may be the end of his career. He wasn’t ready to give up on his aspirations, so he went to physical therapy and learnt about the benefits of foam rollers.
However, due to the thick and heavy nature of foam rollers, Lawrie found them impractical to travel with. This led him to create his own foldable prototype that was both lightweight and travel-friendly.
They say it is the world’s only collapsible foam roller, yet there are several non-collapsible foam rollers available.
The Brazyn Life model is less bulky but no less durable than the others.
A roller from them costs $68. For an extra ten dollars, you may add a skin that covers the roller and is easily removed to be washed.
Other add-ons include an extension kit for connecting two rollers and Brazyn Life tee-shirts.
They provide a number of bundle alternatives to reduce the cost of purchasing many things.
They successfully earned $65,382 in a Kickstarter campaign in December 2015 to put their prototype into production.
What happened to Brazyn Life at the Shark Tank Pitch?
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 present their narrative, show the product, and then ask if any Sharks would want to try it. Kevin mentions using a foam roller, and Mark leaps to his feet to give it a try.
They offer out samples, and the questioning begin.
Nate attributes the foam roller to prolonging his NFL career by five years, but transporting it was a hassle, hence the creation. It is the only folding foam roller on the market, and a patent application is underway.
They cost $26.75 to build and retail for $68 – more than most foam rollers.
Nate claims that by increasing volume, he will be able to reduce the cost. So far, he’s made $50,000 in sales and expects to make $2.4 million this year. Nate’s wife’s father’s factory in Romania manufactures them.
Kevin challenges the valuation, but Daymond intervenes and offers $225,000 for 15%.
Kevin was ready to make his own offer, a $225,000 investment in exchange for 20% of the company.
Sara informs Nate that he is having an “Oprah moment,” but she wants to hear what Mark has to say first. Mark leaves. Lori wants to join forces with Sara to provide $225,000 for a 20 percent – 10% split.
Kevin O’Leary had received little interest in his offer of a film of him in his underpants, so he proposed partnering with Daymond in the same arrangement, $225,000 for 20% of the firm.
Nate replies with $250,000 for 20%, and both parties agree. They accompany Lori and Sara after some whispering.
Brazyn Life after the Shark Tank Pitch
Lori and Sara’s arrangement never came to fruition. The firm ran out of merchandise in the aftermath of the show’s original air date.
They’ve expanded their product range to include The Morph Stick and two Morph Roller versions.
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.
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.
