Gladiator Lacrosse Shark Tank Net Worth 2023
Rachel’s company, Gladiator Lacrosse, has had a remarkable journey since being valued at $666,667 during and after the pitch.
As of January 2023, the company has an estimated net worth of over $5 million and is still selling products to many retailers due to Rachel’s Princeton student status and her appearance on the Forbes 30 Under 30 list.
Consumers can visit their website and browse the vast range of available products, as well as purchase them from Amazon.
What Is Gladiator Lacrosse? Who Is The Founder Of Gladiator Lacrosse?
Gladiator Lacrosse manufactures lacrosse equipment such as rebounders, training nets, and cleats, which are used by lacrosse players to improve their skills. The company has a significant market share on the East Coast but aims to expand beyond that region.
In 2012, Rachel Zietz, a 15-year-old lacrosse player, and entrepreneur founded Gladiator Lacrosse. She participated in the Young Entrepreneurs Academy Program, which is co-sponsored by Florida Atlantic University and the Boca Raton Chamber of Commerce.
Rachel’s coaches advised her, like other players seeking to improve their game, to practice “wall ball” and hone her shooting skills as much as possible. However, the equipment she used in her backyard was either not durable enough to withstand the elements or too expensive.
In 2012, Gladiator Lacrosse was established by Rachel Zietz, a 15-year-old entrepreneur and lacrosse player. Zietz, who was very competitive in lacrosse, founded her company at the age of 13 after participating in The Young Entrepreneurs Academy in Boca Raton.
Zietz wanted to create a business that would offer top-notch lacrosse equipment at an affordable price, and that’s how Gladiator Lacrosse came into existence. To start her venture, she invested $2,700 of her own money.
Like many other inventors, she came up with her product to meet a specific need. As lacrosse players have to practice throwing and catching the ball continuously, she bought and used a “rebounder,” a stiff net that bounces the ball back to the player.
However, she discovered that many of these “rebounders” were poorly constructed and broke after just a few months of use.
Rather than continuing to waste money on subpar products, she decided to create her own high-quality and less expensive product.
Today, Gladiator Lacrosse rebounders are widely available on Amazon and cost approximately $160, which is similar in price to other comparable products.
What Happened To Gladiator Lacrosse At Shark Tank Pitch?
Rachel Zietz, a 15-year-old lacrosse enthusiast, founded Gladiator Lacrosse to create a better training tool for herself. In an episode of Shark Tank, she hopes to secure a mentor and agent to help manage her company’s remarkable growth. Rachel requests a $100,000 investment in exchange for a 15% stake in her firm, which is valued at $666,666.
Although impressed by her sales figures, the Sharks are skeptical about her product’s market appeal. Rachel showcases her Rebounder and goal, and Daymond John successfully scores a goal before opting out.
When Rachel reveals her age, the Sharks are surprised and start asking questions. She responds confidently, explaining that she started the company with a $30,000 loan from her parents at the age of 12, which she has since repaid.
In less than two years, she has increased her sales to $340,000 and has already hired someone to handle customer service, order fulfillment, and day-to-day operations.
Rachel aims to use the investment to boost her online and retail sales, build a sales team, and improve her marketing efforts.
Although impressed by her passion and promise, Kevin O’Leary expresses doubt about her ability to lead the company due to her age and other obligations. He eventually decides not to invest.
Mark Cuban admires Rachel’s efforts but admits to knowing nothing about lacrosse, so he opts out. Robert Herjavec believes that Rachel does not need the investment at this stage and exits the deal.
Daymond John is interested in what Rachel would do without the investment, and she explains that she would reinvest in and develop the company. However, he ultimately decides not to invest, citing a lack of value for the stake.
Lori Greiner also admires Rachel’s efforts but opts out because she lacks expertise in the lacrosse industry. Ultimately, Rachel leaves the pitch without securing a deal, despite the Sharks’ admiration for her hard work and entrepreneurial spirit.
Gladiator Lacrosse Shark Tank Updates
Gladiator Lacrosse is a company that creates lacrosse rebounders, training nets, and lacrosse cleats. The company was founded by Rachel Zietz, a 13-year-old entrepreneur and lacrosse player.
In 2016, Rachel appeared on Shark Tank seeking an investment of $100,000 in return for 15% equity in the company. Although Rachel did not receive a deal from the Sharks, she has since become a successful businesswoman in her own right.
Today, Gladiator Lacrosse rebounders are widely available on Amazon and cost approximately $160, which is similar in price to other comparable products.
Walmart is currently in discussions with Rachel to expand her sales within their retail giant, and she hopes to earn $2.5 million in income next year. As of June 2020, Gladiator Lacrosse is a thriving business.
Rachel was named one of the 30 Most Influential Teens of 2016 by Time Magazine and was featured on the 18 Under 18 list on Fortune.com for “Young Innovators Who Are Changing the World”.
The Gladiator Lacrosse Twitter account has been posting pictures of the business at lacrosse tournaments, as Rachel stated was her goal on Shark Tank. According to the website, Gladiator Lacrosse has secured a Brand Ambassador, an American professional.
In summary, although Rachel did not receive a deal from the Sharks on Shark Tank, Gladiator Lacrosse has become a successful business. The company’s products are still being sold, and Rachel has secured discussions with Walmart to expand her sales within their retail giant.
Rachel has also been recognized for her entrepreneurial success and has secured a Brand Ambassador for Gladiator Lacrosse.
Gladiator Lacrosse Shark Tank Table Summary:
ASPECT | DETAILS |
Company name | Gladiator Lacrosse |
Founder | Rachel Zietz |
Products | Lacrosse equipment including rebounders, training nets, and cleats |
Valuation | $666,667 during and after Shark Tank pitch |
Net worth (Jan 2023) | Over $5 million |
Sales (during pitch) | $340,000 |
Investment sought | $100,000 for 15% equity |
Shark Tank Outcome | No deal |
Achievements | Forbes 30 Under 30 list, Time’s 30 Most Influential Teens 2016, Fortune’s 18 Under 18 list |
Sales platform | Company website and Amazon, in talks with Walmart |
Net Worth of Gladiator Lacrosse
The company was valued at $666,667 during and after the pitch. As of January 2022, the company has an estimated net worth of over $5 million.
Gladiator Lacrosse FAQs
What Is Gladiator Lacrosse Shark Tank?
Gladiator Lacrosse is a sports equipment company founded by Rachel Zietz when she was 13 years old. Zietz created Gladiator Lacrosse to give herself a better training tool for the sport she loves.
The company offers quality training equipment for lacrosse, including goals, nets, and rebounders. Gladiator Lacrosse was featured on Shark Tank in season 7, episode 28.
During her pitch, Zietz asked for a $100,000 investment in return for 15% equity in the company. Although her sales impressed the Sharks, none of them made a deal with her.
Since appearing on Shark Tank, Gladiator Lacrosse has continued to grow and become a successful business. Zietz has been featured in Forbes’ 30 under 30 and her company is now making millions in revenue.
Gladiator Lacrosse did well even during the pandemic, thanks to the surge in the number of people who were stuck at home and wanted to learn lacrosse when they had nothing better to do.
Zietz wants to expand into commercial lines of equipment, such as schools and lacrosse leagues, and hire a marketing expert to help the company achieve even greater success.
How Does Gladiator Lacrosse Shark Tank?
Gladiator Lacrosse is a company that produces lacrosse training equipment. The company was founded by Rachel Zietz when she was 13 years old. Zietz, a competitive lacrosse player, created the company to give herself a better training tool for the sport she loves.
Gladiator Lacrosse produces high-quality training equipment such as goals, rebounders, and balls. The company’s products are designed to help players improve their skills and performance.
Rachel Zietz appeared on Shark Tank in season 7 to pitch her business. She asked for $100,000 in exchange for 15% equity in the company. Although her sales impressed the Sharks, none of them made an offer.
Lori Greiner, who doesn’t know the space, didn’t feel she could bring value and went out. Rachel left the Tank without a Shark dea.
Despite not getting a deal on Shark Tank, Gladiator Lacrosse has continued to grow and expand its product line. The company’s products are available on its website and other online retailers. Gladiator Lacrosse has also launched an affiliate program that offers discounts and generates a credit for programs.
What Happened To Gladiator Lacrosse After Shark Tank?
Gladiator Lacrosse is a company that produces quality training equipment for lacrosse. The company was founded by Rachel Zietz when she was 13 years old.
In 2016, Rachel appeared on Shark Tank seeking an investment of $100,000 in return for 15% equity in the company. Although the Sharks were impressed with her sales, none of them made a deal with her.
Despite not securing a deal on Shark Tank, Rachel has continued to grow her business. She expanded from one employee to three and projected $2 million in sales for 2016.
As of January 2023, Gladiator Lacrosse has an estimated net worth of over $5 million and is still selling products to many retailers. Rachel is a Princeton student and has been named one of the 30 Most Influential Teens of 2016 by Time Magazine.
Gladiator Lacrosse products are still being sold and are widely available on Amazon. Walmart is currently in discussions with Rachel to expand her sales within their retail giant, and she hopes to earn $2.5 million in income next year.
Is The Gladiator Lacrosse Shark Tank Still In Business?
Yes, Gladiator Lacrosse is still in business as of January 2023. Although Rachel Zietz did not get a deal on Shark Tank, Gladiator Lacrosse has become a successful business. The company sells quality training equipment for lacrosse and has over $1 million in revenue.
As of January 2023, Gladiator Lacrosse has an estimated net worth of over $5 million and is still selling products to many retailers. Walmart is currently in discussions with Rachel to expand her sales within their retail giant, and she hopes to earn $2.5 million in income next year.
Rachel founded Gladiator Lacrosse when she was 13 years old and had to navigate everything from website design to product listing. She has grown into a successful businesswoman and has been featured in Forbes’ 30 under 30.
Gladiator Lacrosse did well even during the pandemic, thanks to the surge in the number of people who were stuck at home and wanted to learn lacrosse when they had nothing better to do.
While Zietz says that commercial lines of equipment, such as schools and lacrosse leagues, are the company’s primary customers, she wants to expand into retail and direct-to-consumer sales.
What Is The Current Valuation Of Gladiator Lacrosse After Shark Tank?
Gladiator Lacrosse was valued at $666,667 during and after the pitch on Shark Tank. As of January 2023, the company has an estimated net worth of over $5 million.
Rachel Zietz, the founder of Gladiator Lacrosse, has been able to grow her sales and company even without a Shark partner.
Walmart is currently in discussions with her to expand her sales within their retail giant, and she hopes to earn $2.5 million in income next year.
How much was seeking on Shark Tank?
Rachel was seeking for $100,000 for a 15% stake in her company.
Did she have the deal?
No, she didn’t have the deal from Shark Tank.
What is the return policy for Gladiator Lacrosse rebounders and goals?
If the item purchased has not been used, it may be returned to them for a refund of the purchase price within 30 days of the date of purchase.
Is there anything you can’t ship your Lacrosse equipment to?
No, Gladiator Lacrosse Goals and Rebounders are not limited to any specific location; however, they do not ship to P.O. Boxes.
They ship anywhere in the United States as well as anyplace else in the world, however, please keep in mind that shipping outside of the United States will be more expensive.
How difficult is it to put Gladiator Lacrosse up?
Both the Gladiator Lacrosse Official Backyard Lacrosse Goal and the Gladiator Lacrosse Rebounder come with a set of instructions (or pitch back). Because of the snap-and-click bars, these two goods are quite simple to assemble. Furthermore, the stringing of the goal, which may take a little longer, is designed to last and provide a robust goal.
What is the official size of a Gladiator Lacrosse goal?
The official dimensions of a Lacrosse goal are 6 feet by 6 feet/72 inches x 72 inches.
Is there a distinction between a Gladiator Lacrosse rebounder and a pitchback?
No, a lacrosse rebounder is frequently referred to as a pitchback, and vice versa. Both of these names relate to the same thing. One item is the Gladiator Lacrosse Rebounder (or pitchback).
What is the policy regarding faulty Gladiator Lacrosse equipment?
Gladiator Lacrosse stands by all of its items when used properly. Every item returned due to a fault must be accompanied by proof of purchase that includes the date of purchase.
Gladiator Lacrosse will replace the faulty lacrosse goal or lacrosse pitch back with the exact same merchandise. If the product is no longer available, we will upgrade you at no cost if we no longer stock that item.
Where Rachel Zietz did go to college?
Rachel, a Pine Crest “lifer,” juggled being a student-athlete, graduating with honors, an entrepreneur, and a speaker, most recently addressing students at Harvard University.
Where is Rachel Zietz these days?
Now a sophomore and captain of Princeton’s undefeated club lacrosse team, she manages a full-fledged lacrosse equipment firm with revenue of $7 million in 2020.
A purchase in 2018 enabled her to diversify into professional rebounders, which she sells to institutions such as Harvard, Yale, Brown, and Georgetown.
What is the net worth of Rachel Zietz?
As of January 2022, her net worth is estimated at $5 million.