Ice Shaker Shark Tank Net Worth 2023
Chris and his brothers Rob, Dann, Glenn, and Gordie searched high and low for the perfect opportunity to invest their money. After much deliberation, they chose to approach The Tank to acquire $100,000 in exchange for a 10% stake in the business.
This represented a total value of $1 million dollars. Fortunately, they were met with an incredible offer from Mark and Alex: $100,000 for 15%, equaling out to a $666,666.67 value altogether.
Thanks to this brilliant investment decision as well as hard work and determination on behalf of Ice Shaker’s team members over the years, it has an estimated net worth of $2.5 million as of 2023—a figure that is sure to skyrocket given time!
What is Ice Shaker?
Ice Shaker is a container with a double-wall and vacuum insulation that effectively keeps drinks cold for an extended period of time. The 26oz tumbler can keep drinks chilled for up to 30 hours, while the larger 36oz tumbler can maintain the temperature for up to 40 hours with ice.
These tumblers feature fill lines for easy measuring, a screw-in agitator, a leak-proof cover, and a convenient handle for effortless carrying. The company claims that Ice Shaker is versatile and can be used in various settings, such as the office, during travel, at the pool or beach, for tailgating, hiking, camping, hunting, yoga, sports events, parties, and more.
Not only is the container suitable for protein powder shakes, but it also works well for water, milk, beer, and cocktails.
Chris Gronkowski, a former NFL player, founded Ice Shaker using his business skills after retiring from professional football.
Chris wanted to create a tumbler that could be used throughout the day without the need to switch between different containers. However, he couldn’t find anything like it on the market, a cup that could perform the functions of two.
After conducting more research, Chris decided to take matters into his own hands with the help of his four brothers Gordie, Rob, Dan, and Glenn. Once satisfied with the design prototype, Chris began producing and selling Ice Shaker.
Before appearing on Shark Tank, they had already sold $80,000 worth of cups in six months. The product is available for purchase online, on Amazon, and in select retail stores.
What happen to Ice Shaker at the Shark Tank Pitch?
The Ice Shaker is a beverage container with a capacity of 26 ounces and a retail price of $39.99. It is available for purchase on Amazon and directly from the company.
Chris and his brothers, Rob, Dann, Glenn, and Gordie, enter the Shark Tank seeking $100,000 for a 10% stake in their business, which is valued at $1 million.
During their pitch, Chris explains that he invented the Ice Shaker because he was dissatisfied with the shaker bottles available on the market. He also reveals that the stainless steel, vacuum-sealed construction keeps drinks cold for up to 36 hours and prevents sweating and odors.
The Sharks are impressed by the Gronkowski brothers’ enthusiasm and athletic backgrounds. In fact, the Gronks even challenged the Sharks to a chugging contest, which they won.
Kevin O’Leary immediately begins the valuation process and offers Chris $100,000 for a 20% stake in the company. A-Rod and Mark Cuban also express interest, with Mark offering $150,000 for a 20% stake and A-Rod proposing a partnership with Mark for a 10% equity.
Barbara and Lori also make offers, with Barbara offering $100,000 for 10% and Lori offering $100,000 for 15%.
After considering all the offers, Chris suggests a counteroffer of $150,000 for 15% equity, which is accepted by both Mark and A-Rod.
Despite some initial disagreements, the Gronkowski brothers ultimately secure a deal with the Sharks and leave the Tank with the investment they were seeking.
Ice Shaker after the Shark Tank Pitch
Since sealing the agreement with Mark and A-Rod, Chris has expanded the range of Ice Shaker by introducing seven new colors, a 16-ounce shaker, and reusable stainless steel straws. According to their website, the product has garnered sales worth millions of dollars.
Ice Shaker has continued to thrive, with an update segment revealing that it generated a revenue of $3 million in the year following its initial release. The business has also established an Amazon Store, where it boasts an impressive 4.6-star rating based on numerous positive customer reviews.
By June 2021, the company had secured a steady yearly income of $1 million. Many purchasers claim that Ice Shaker is the best tumbler they have ever used.
Ice Shaker Net Worth
Chris and his brothers Rob, Dann, Glenn, and Gordie arrive at the Tank in search of $100,000 in exchange for a 10% stake in the business. This represents a $1 million value. They accepted an offer from Mark and Alex of $100,000 for 15% thus a $666,666.67 value.
Ice Shaker Competitors
Ice Shaker FAQS
How much do Ice Shaker cost?
Ice Shaker retails for $39.99. They are available on Amazon, directly from the business, and a few select retail locations.
How many different colours are there?
The ice shakers come in six different colours, including silver, grey, blue, black, red, and pink.
What is Ice Shaker made of?
The Ice Shaker is made of food grade stainless steel, which won’t absorb odours or retain liquids. It maintains beverages cold for up to 3o hours, using vacuum insulation.
Where can they buy an Ice Shaker?
They are available on Amazon and directly from the business itself.
How long does it take for something to arrive?
Once sent, domestic orders, including regular and custom, will take between 2-4 business days to arrive.
All orders placed will receive real-time tracking information as soon as they leave our warehouse.
Can they use their Ice Shaker in the dishwasher?
Simply wash it like they would any other cup, either by hand or in the dishwasher, and it will be as good as new; furthermore, it will never retain bad smells.
Which episode of Shark Tank featured Ice Shaker?
Episode 4 of Season 9.
What happen to the Ice Shaker following the Shark Tank?
Since its appearance on Shark Tank, Ice Shaker has evolved to a multimillion-dollar corporation and just expanded into a second office/warehouse to meet increased inventory demand.
Both Mark Cuban and Alex Rodriguez were instrumental in the establishment of Ice Shaker.
Who is the inventor of the ice shaker?
Is it true that Chris Gronkowski landed a deal on Shark Tank?
Gronkowski was able to haggle down an offer from Mark Cuban and Alex Rodriguez to $150,000 for a 15% ownership, pricing the firm at the initial $1 million Gronkowski desired.
Are all of the Gronkowski brothers athletes?
The Gronkowski family consists of five brothers: Rob, Gordie Jr., Dan, Chris, and Glenn.
Gordie Jr., the only one who did not play in the NFL, was a professional baseball player. The remaining four made it to the National Football League.
Are Gronkowski’s parents married?
In 2008, Gronkowski’s parents split. Gordie, Dan, Chris, and Glenn — all four of his brothers – all played university sports and ultimately played professionally.
How much money did Ice Shaker earn?
Since its “Shark Tank” appearance, the Ice Shaker has grown from $80,000 in six months to over $3 million in less than a year.
The firm currently offers a diverse range of goods, including six distinct bottle styles and over 80 distinct SKUs.
Dishwasher safe are Ice Shaker bottles/tumblers?
Their bottles and tumblers are dishwashing safe on the top rack. However, they recommend that you dry on a low heat setting, dishwasher safe lids
Bottles and tumblers with patterned designs should be hand cleaned only to prevent the pattern from discolouring.
How long will their Ice Shaker maintain the temperature of their drink?
Approximately 30 hours.
Which bottles/tumblers are the most suitable for hot beverages?
For hot beverages, they prefer our 26oz Flex Bottles, 20oz Skinny Steel Tumblers, 12oz Skinny Mini Tumblers, and 12oz Stemless Wine Tumblers, since they all include vented lids.
While their shaker bottles will surely keep beverages hot, they do not allow for the venting of the steam produced by the liquid. The pressure created by this steam may cause the pop-top to open accidentally.
Is it possible to use both shaker and flex lids on the 26oz cup?
YES! If they’re having difficulty picking between the Flex and Shaker bottles, they may simply select one and get the other cover separately.
Are they wholesalers?
They certainly do. Wholesale pricing is available on both bespoke and non-custom items.
Are all of them compatible with normal cup holders?
Their Stemless Wine Tumblers are the only ones that will not fit in a cup holder. Every other bottle and tumbler in their line will. Yes, the 36oz Ice Shaker bottle is included.
From which country will their Ice Shaker be shipped?
Their items are always sent from their headquarters in Southlake, Texas.
What is net worth of Chris Gronkowski?
Estimated net worth: $1.5 million.
How old is Chris Gronkowski?
Chris Gronkowski is 39 years old.
What is Ice Shaker headquarters located?
Their headquarters is in Southlake, Texas, where they are diligent about the quality of their products and customer service.