Elliptical Stroller Net Worth
Elliptical Stroller’s founder Pier Paolo Visconti has a net worth of 3 Million USD as of 2022. The company was valued at $750,000 during the pitch on Shark Tank in 2023, and Pier had invested $170,000 himself having spent $72,000 on patents.
Elliptical Stroller is a product designed to improve physical fitness and mental well-being while allowing parents to stay with their children[5].
What is Elliptical Stroller and Who is the founder of the Elliptical Stroller?
The Elliptical Stroller is a stroller designed to enable customers to exercise while spending time outdoors with their children.
This unique design not only burns calories and boosts physical confidence but also helps new mothers alleviate some of the stress associated with motherhood by stimulating the release of endorphins.
The stroller consists of two main components: a baby carriage at the front and an elliptical propulsion mechanism at the rear, which can be used in both traditional and sporty modes. When the mechanism is collapsed, the Elliptical Stroller becomes a standard stroller.
Pier Paolo Visconti, an Italian-born entrepreneur, is the founder of Elliptical Stroller. He came up with the idea in 2014 when his sister struggled to lose weight after giving birth to her second child.
His goal was to combine the benefits of an elliptical exercise machine with the convenience of a stroller to allow women to work out while spending meaningful time with their children.
In addition to his work on the stroller, Visconti is also a luxury real estate agent in Miami, where he advertised a $39 million beachfront estate last year. His successful real estate career likely helped fund the development of his stroller start-up.
After several years of work, Visconti created a workable prototype, which is now protected by international patents in the United States of America, Europe, China, Australia, Mexico, and Canada. He is now ready to move into manufacturing.
Elliptical Stroller Shark Tank pitch
Pier Paolo Visconti, the founder of Elliptical Stroller, entered the Shark Tank seeking a $500,000 investment in exchange for 40% of his company, which was valued at $750,000. He presented his prototype to the Sharks, which was well received.
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However, after test drives, Kevin and Mark decided to pass on the opportunity. Lori was also hesitant, while Daymond and Robert criticized Pier’s lack of sales and customer acquisition strategy. As a result, Pier left the pitch without securing a deal.
Despite this setback, Pier continued to pursue his vision. He traveled to Europe to explore manufacturing options and the company’s website is still operational as of June 2021. Elliptical Stroller has also been granted patents in multiple countries, including the US, Europe, China, Australia, Mexico, and Canada.
In addition to his work on Elliptical Strollers, Pier remains active in the luxury real estate market in Miami.
Net Worth of Elliptical Stroller
The company was valued at $750,000 during the pitch and they are selling their products on their website since the Shark Tank pitch which might make the company’s net worth elevate in 2021.
Elliptical Stroller Shark Tank Updates
Pier Paolo Visconti pitched his Elliptical Stroller on Shark Tank in season 9, asking for $500,000 for 40% equity, but he did not receive a deal from any of the Sharks. The Sharks were concerned about the stroller’s weight and believed that it would not easily be transported.
Despite not receiving a deal, Visconti invested over $170,000 of his own money to try to bring his prototype to market.
As of June 2021, the Elliptical Stroller is not available for purchase, and Visconti is still selling real estate in Miami. The website for the Elliptical Stroller is still active, but it is unclear if the company is still in business.
The stroller is designed for children up to 50 pounds and has dual front wheels for superior maneuverability and a large canopy with a peek-a-boo window.
The stroller is powered by elliptical motion, allowing the driver to use it in both conventional and athletic modes. The entire mechanism folds, allowing for versatile use.
Elliptical Stroller Shark Tank Table Summary:
TOPIC | INFORMATION |
Product | Elliptical Stroller |
Founder | Pier Paolo Visconti |
Function | Enables customers to exercise while pushing a stroller with their child |
Design | Baby carriage in the front and an elliptical propulsion mechanism at the rear |
Valuation on Shark Tank | $750,000 (2023) |
Investment sought | $500,000 for 40% equity (Shark Tank) |
Founder’s investment | $170,000 (prototype development) |
Founder’s net worth | $3 million USD (2022) |
Patents | International patents in US, Europe, China, Australia, Mexico, and Canada |
Shark Tank outcome | No deal made |
Elliptical Stroller FAQs
What Is Elliptical Stroller And How Does It Work?
The Elliptical Stroller is a revolutionary stroller that allows parents to exercise while spending time with their baby. The stroller consists of two main parts – a baby carriage in the front and an elliptical drive mechanism in the back.
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The elliptical mechanism is what propels the stroller forward, and it can be folded up and forward when not in use, allowing the stroller to be used as a regular walk-behind stroller. The entire mechanism can be folded, allowing for versatile use.
The Elliptical Stroller is the first of its kind in the world. It allows the driver to use the stroller in both conventional and athletic modes.
When the mechanism is folded, the stroller can be used as a traditional stroller, but when opened, it becomes an elliptical machine. The stroller is propelled by elliptical motion, providing a low-impact exercise for parents who want to get out and about with their baby.
The Elliptical Stroller was invented by Pier Paolo Visconti, who came up with the idea when his sister wanted to exercise while spending time with her baby.
Pier Paolo brought his idea to America from Italy and built a successful business selling high-end real estate, which gave him the resources to bring his idea to life. The Elliptical Stroller has dual disc brakes that bring it to a stop.
Who is the founder?
Pier Paolo Visconti is the founder of Elliptical Stroller in 2014, when his sister was having difficulty losing weight following the birth of her second kid.
What Was The Outcome Of The Elliptical Stroller Shark Tank Pitch?
The Elliptical Stroller pitch on Shark Tank did not result in a deal with any of the Sharks. Pier Paolo Visconti, the inventor of the Elliptical Stroller, asked for $500,000 for 40% equity in his company, but none of the Sharks were interested in investing.
Some of the Sharks expressed concerns about the weight of the stroller and its potential market appeal.
Despite not securing a deal on the show, Visconti invested over $170,000 of his own money to try to bring his prototype to market. It is unclear from the search results what happened to the Elliptical Stroller after the Shark Tank pitch, but it appears that it did not become a commercial success.
What Happened To Elliptical Stroller After Its Appearance At The Shark Tank?
After its appearance on Shark Tank, the Elliptical Stroller did not become an immediate success. At the time of the pitch, the stroller was still in the prototype phase and had not made any sales.
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Although Pier Paolo Visconti invested more than $170,000 of his own money to try to bring his prototype to market, he did not receive a deal from any of the Sharks.
However, Visconti continued to develop and improve the Elliptical Stroller after the show. As of June 2021, the website for the Elliptical Stroller is still up, but the stroller is not available for purchase.
Visconti’s day job is selling high-end real estate in Miami, and he has listed a $39 million waterfront estate.
Despite the lack of success on Shark Tank, the Elliptical Stroller remains an innovative product that provides a low-impact exercise option for parents who want to get out and about with their baby.
How much was asking on Shark Tank?
Pier was seeking for $500,000 for 40% of the company.
Did he get the deal?
No, he did not get a deal but days after he appeared on Shark Tank; he announced on Facebook that he was traveling to Europe to speak with a manufacturer.
Is Elliptical Stroller still in business?
Yes, the company is still operational and is selling their website as well.
Is there any income proof?
No income proof is provided.
How is the business model?
Pier is selling Elliptical Stroller’s website as well as paying commission to the affiliates in the form of recurring revenue.
Is Elliptical Stroller safe?
Yes, Elliptical Stroller is safe.
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What’s the contact number?
There is no contact number available.
How can I reach Elliptical Stroller to resolve my queries?
Pier Paolo Visconti, the founder of Elliptical Stroller, can be contacted via email at www.ellipticalstroller.com.
Is Elliptical Stroller a scam?
No it is not a scam; it is just an idea that Pier Paolo Visconti had.
Is Elliptical Stroller legit?
Yes, Elliptical Stroller is legit.
How to contact Elliptical Stroller?
Information about how to contact them is not available on their website or Facebook page.
Does Elliptical Stroller work?
Yes, it does work.
How do I buy?
Visit the official website of Elliptical Stroller.
How long is Elliptical Stroller’s warranty?
There is a one year warranty available with Elliptical Stroller.
What are my legal rights as a consumer?
Consumers have the right to return goods bought after the prescribed period of time; however, they should make sure that they have purchased goods that are in perfect condition and fit for purpose.
What are the benefits of Elliptical Stroller?
Elliptical Stroller is a stroller and baby carriage which delivers the benefits of an elliptical stepper with the convenience of a stroller.
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It allows women to work out while spending meaningful time with their children. The benefits also include; reduced risk of injury, burned calories, increased strength and endurance, increased flexibility, improved bone density and muscle tone, and improved cholesterol levels.
What are the features of Elliptical Stroller?
Elliptical Stroller has good features that make it an excellent choice for fitness enthusiasts.
How do I pay?
Payment can be made by Visa, MasterCard and American Express.
What are the shipping charges?
The shipping is free with Elliptical Stroller.
Is Elliptical Stroller on Amazon?
No it is not on Amazon.
Why is Elliptical Stroller not available on Amazon?
Elliptical Stroller is a brand-new product and they are trying to get their name out there before launching it on Amazon.
What countries does Elliptical Stroller ship to?
The seller ships internationally.
What is the color of Elliptical Stroller?
There are two colors available Blue and white.
What is the return policy?
One can return the product within 60 days, but they will have to pay for the shipment cost to their place of residence and they will also receive a refund but not for the money they paid for shipping it back to the seller, as well as packing material if used.
What are the languages does Pier Paolo Visconti speaks?
Pier Paolo Visconti speaks Italian, English and Spanish
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What is the net worth of Pier Paolo Visconti?
The net worth of Pier Paolo Visconti is not available.