Ice Shaker Shark Tank Update | Ice Shaker after the Shark Tank Pitch
What is Ice Shaker?
Ice Shaker is a double-wall, vacuum-insulated container that keeps beverages cool for several hours.
The 26oz tumbler keeps drinks cold for 30 hours, while the larger 36oz tumbler keeps drinks cold for up to 40 hours when filled with ice.
The tumblers have fill lines for convenient measurement, a screw-in agitator, a leak-proof cover, and an easy-to-carry handle.
According to the company’s website, “Ice Shaker is also ideal for the office, traveling, the pool, the beach, tailgating, hiking, camping, hunting, yoga, sporting events, and parties, among other places.”
Not only is the container ideal for protein powder shakes, but also for water, milk, beer, and cocktails.
Chris Gronkowski was a prominent NFL player. When his professional football career with the Dallas Cowboys, Indianapolis Colts, and Denver Broncos came to an end, he used his business abilities to found Ice Shaker.
Chris wanted to discover something he could use all day without having to switch between tumblers and shakers.
However, upon more investigation, he discovered that there was nothing precisely like it on the market, no one cup capable of performing the functions of two.
That is when Chris decided to stop looking and begin creating with the assistance of his four brothers Gordie, Rob, Dan, and Glenn.
Chris began producing and selling Ice Shaker once he was satisfied with the design prototype.
They had already sold $80,000 worth of cups in the six months preceding the tumbler’s appearance on Shark Tank.
The product was available for purchase on the internet, as well as on Amazon and a few select retail locations.
Who is the Founder of Ice Shaker?
What happen to Ice Shaker at the Shark Tank Pitch?
Each Ice Shaker has 26 ounces in capacity and retails for $39.99. They’re available on Amazon and directly from the firm.
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.
Chris said to the Sharks that he needed to train out and build muscular mass because he is the Gronkowski sibling with the lowest stature.
He was dissatisfied with the shaker bottles on the market at the time, which inspired him to invent the Ice Shaker.
Drinks will keep cold for up to 36 hours due to the stainless steel, vacuum sealed construction. The bottles will also not sweat or retain smells in the manner that plastic shakers do.
The Sharks were enamoured by the “Gronks” and their zeal. They’ve all participated in professional sports as well.
Sharks vs. Gronks, the Gronks challenged the Sharks to a chugging battle.
The team that consumes all of the water in their cups and then flips them over wins. Naturally, the Gronks won, but they distributed consolation prizes in the form of product samples.
Kevin O’Leary immediately began the valuation process. Chris revealed that they’d made $80,000 in sales, with $35,000 coming in the most recent month, after emphasizing the product’s unique features.
Profit margins are favourable, with a $5.00 cost and a $25.00 price tag(currently at $34.99)
They sell them on Amazon, in select retail locations, and on their own website.
Kevin stated that he like the merchandise because he was a great Gronk fan in his younger years. He offered Chris $100,000 in exchange for a 20% stake in the company.
A-Rod is interested. He owns a number of gyms and believes in synergy. He invited Mark to accompany him. Mark and Alex decided that 10% equity was insufficient for both of them.
Increases the ante to $150,000 for a 20% mark-up.
Additionally, Mark vowed to utilize it in the Mavericks locker room. Lori made several recommendations, but Mark stated that he need an immediate response.
Barbara offers $100,000 in exchange for 10%, while Lori offers $100,000 in exchange for 15%.
The Sharks were all there, which was rather rare for the Shark Tank.
Chris expressed gratitude for all the offers and expressed a desire to see if Lori would join Mark and Alex, but Mark is adamant about not doing so.
A-Rod maintains that he struck a contract with Mark and will not back out.
Chris stated that he was quite certain of the valuation and wondered if they would accept $150,000 in exchange for 15% stock. Alex and Mark both concurred.
Ice Shaker after the Shark Tank Pitch
Chris has added seven more colours, a 16-ounce shaker, and reusable stainless steel straws since broadcasting and finalizing the agreement with Mark and A-Rod.
They claim on their website to have sold “millions of dollars’ worth of merchandise.”
An update segment is added to Ice Shaker. The update reveals that the product generated $3 million in revenue in the year after its initial airing.
Additionally, they developed an Amazon Store. Ice Shaker has a 4.6-star rating on the amazing reviews on Amazon, with many buyers claiming it is the finest tumbler they’ve ever used.
By June 2021, the business had established a comfortable yearly income stream of $1 million.
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.