Kettle Gryp shark Tank Net Worth -What Happened After Shark Tank?
Kettle Gryp shark Tank Net Worth
Kettle Gryp is a product that allows users to turn dumbbells into kettlebells. The founders of Kettle Gryp, Andrew Martin and Daniel Sheppard, appeared on Shark Tank in season 13, episode 13. They pitched $300,000 for a 10% stake in their business and Lori Greiner invested $300,000 for 15% equity. The valuation during the show was $3 million, which was brought down to $2 million by Lori Greiner s investment.
Before appearing on Shark Tank, Kettle Gryp had already generated very good sales through advertising on Instagram influencers and websites. Before the show, Kettle Gryp had sales of $391,000 in 2018, $590,000 in 2019, and $1.9 million in 2020. As of January 2023, Kettle Gryp was worth $2 million after Shark Tank
However, as of January 2023 this product has limited users visiting its website and their social media handles are not active since January 2022.
According to several sources, since appearing on Shark Tank, Kettle Gryp’s sales have increased significantly and its net worth has now surpassed $1 million in 2022. However, as of 2022 the net worth of Kettle Gryp’s founders Daniel Sheppard and Andrew Thomas is $850,000. It is unclear whether this refers to the net worth of the company or just the founders.
In summary, Kettle Gryp was valued at $3 million during its appearance on Shark Tank but Lori Greiner brought it down to $2 million when she invested. As of January 2023 it was still worth $2 million but its social media handles were inactive since January 2022.
Since appearing on Shark Tank its sales have increased significantly and its net worth has surpassed $1 million according to one source but another source reports that the net worth of the founders is only $850k as of 2022
What is Kettle Gryp? Who Founded Kettle Gryp?
Kettle Gryp is a portable dumbbell adapter that turns ordinary dumbbells into dynamic workouts. It is made out of a lighter weight plastic material and comes in at a total weight of less than one pound.
Kettle Gryp is designed to allow anyone to get a kettlebell workout no matter the setting as long one has a dumbbell to hook the grip. It is great for traveling, flying paramotors, or at the gym and is lightweight enough to be thrown in a backpack.
Kettle Gryp saves money because it allows those with access to dumbbells to convert their entire collection to be used as kettlebells. It is suitable for beginners and elites, and is secure enough for regular use.
Dan and Andy are the inventors of the Kettle Grip, a portable dumbbell adapter that allows you to do all of your favorite kettlebell exercises anywhere you can find a dumbbell. In a pitch to the investors on Shark Tank, Dan and Andy explained how they came up with the idea for the Kettle Grip.
Dan, who hails from Missoula, Montana, had a collection of dumbbells at home but found himself wanting to do kettlebell exercises. He realized that he could turn his dumbbells into kettlebells with the right adapter.
Andy, who is from Locust Grove, Georgia, was Dan’s best friend and the first person he reached out to about his idea. Despite the fact that Dan’s sketch of the Kettle Grip looked like it was drawn by a five-year-old, Andy could tell what it was supposed to be and loved the concept.
Dan and Andy presented their invention, the Kettle Grip, on Shark Tank. They were seeking $300,000 for a 10% equity stake in their company. The sharks are impressed with the product and its potential and are interested in making a deal.
The sharks are impressed with the product and its potential, especially considering the increasing popularity of fitness equipment due to COVID-19. Dan and Andy are seeking a $300,000 investment for 10% equity in their company, which has lifetime sales of $3.6 million and an 81% profit margin.
The Kettle Grip is made in the USA and has a patent, making it unique in the market. The sharks are interested in making a deal and helping the inventors expand into new marketplaces.
What Happened To Kettle Gryp At Shark Tank?
Dan and Andy presented their invention, the Kettle Grip, on Shark Tank. They were seeking $300,000 for a 10% equity stake in their company. The sharks are impressed with the product and its potential and are interested in making a deal.
The Sharks were impressed by the Kettle Grip’s functionality and ease of use. They were also impressed by the fact that the Kettle Grip is 100% made in the USA and has a utility patent that protects the closure into the handle, making it the only dumbbell to kettlebell converter with redundant safety features.
One of the Sharks, Mark Cuban, even said that the Kettle Grip felt better than a kettlebell. The Sharks were also impressed by Dan and Andy’s sales figures. They had lifetime sales of $3.6 million, with 92% of their sales coming from online marketplaces. In 2020, when gyms closed down due to COVID-19, the demand for personal fitness equipment skyrocketed, and their sales jumped to $1.9 million.
Dan and Andy were seeking a $300,000 investment for 10% equity in their company, and they ultimately struck a deal with Lori. The Kettle Grip is now available for purchase on their website and on Amazon, and it has received rave reviews from fitness enthusiasts all over the world.
What Happened To Kettle Gryp After Shark Tank?
Kettle Gryp is a portable dumbbell adapter that can be attached to a dumbbell to make it function like a kettlebell. The product appeared on Shark Tank in season 13, episode 13, and the founders, Dan Sheppard and Andrew Thomas, pitched the product seeking $300,000 for a 10% equity stake.
Lori Greiner invested $300,000 in this startup for 15% equity. Kettle Gryp’s episode was filmed in 2021 and aired in early 2022. Shortly after filming, Andrew Thomas passed away on December 16, 2021, after a short battle with cancer.
Despite the tragic circumstances of Andrew’s passing, Dan Sheppard pushed on as the sole owner of the company. Kettle Gryp is still in business and seems to be doing well as of March 2022.
According to SharkTankWiki.com, since appearing on Shark Tank, Kettle Gryp’s sales have increased significantly and its net worth has now surpassed $1 million in 2022. In January 2023, Kettle Gryp was worth $2 million.
The company had sales of $391,000 in 2018, $590,000 in 2019 and $1.9 million in 2020 and is forecasted to reach $1 million by the end of 2021 on the show.
Is Kettle Gryp Still In Business?
Yes, Kettle Gryp is still in business as of January 2023. The company has been selling its product for $34.95 and has an A+ rating with the Better Business Bureau.
Kettle Gryp is a portable dumbbell adapter that turns ordinary dumbbells into dynamic workouts. It provides simple, unique exercises that build functional strength and range of motion.
Kettle Gryp was launched in 2016 and received positive feedback from the community, which helped the business take off immediately.
In 2021, the company had an estimated sale of $1.4 million. However, as of January 2023, Kettle Gryp’s social media handles are not active since January 2022 and it has limited users visiting its website. Therefore, it is difficult to say whether this business is doing well or not at present.
Kettle Gryp has expanded its reach by partnering with Walmart to sell its elite fitness system. The product is economical compared to kettlebells and comes with a lifetime guarantee when used as intended.
Kettle Gryp Shark Tank Updates
Kettle Gryp is a device that converts an ordinary dumbbell to a kettlebell weight, which offers great workout benefits. The founders of Kettle Gryp, Daniel Sheppard and Andrew Martin, appeared on Shark Tank in season 13, episode 13, and asked for $300,000 for 10% equity.
The sharks were impressed by the product and its sales, which were $3.6 million lifetime sales and $600,000 in year-to-date sales1. Lori Greiner made an offer of $300,000 for 15% equity, which the founders accepted.
As of March 2022, Kettle Gryp is still in business and seems to be doing well. The company finished 2021 with an annual revenue of around $1.4 million. Lori Greiner closed the deal with Kettle Gryp as of March 2022.
However, there is not much new information available about the company’s progress since then. The company’s website and social media handles have not been active since January 2022.
In summary, Kettle Gryp is a successful product that has generated significant sales and secured a deal with Lori Greiner on Shark Tank.
The company is still in business and had an annual revenue of around $1.4 million in 2021. However, there is limited information available about the company’s progress since Lori Greiner closed the deal in March 2022.
Kettle Gryp Shark Tank Table Summary:
| PRODUCT NAME | KETTLE GRYP |
| Founders | Andrew Martin and Daniel Sheppard |
| Shark Tank Episode | Season 13, Episode 13 |
| Valuation | $3 million before Lori Greiner invested |
| Investment | $300,000 for 15% equity from Lori Greiner |
| Sales | $391,000 in 2018, $590,000 in 2019, and $1.9 million in 2020 |
| Net Worth (Jan 2023) | $2 million for Kettle Gryp, $850,000 for founders |
| Function | A portable dumbbell adapter that turns ordinary dumbbells into kettlebells |
| Investment outcome | Struck a deal with Lori Greiner on Shark Tank |
Kettle Gryp FAQs
What Is Kettle Gryp And How Does It Work?
Kettle Gryp is a portable dumbbell adapter that allows you to turn any standard dumbbell into a kettlebell. It is designed to make kettlebell workouts more accessible and enjoyable for people who lack kettlebells or have limited space in their home gym.
The product is made of impact-resistant ABS plastic, molded urethane foam inserts, and stainless steel hardware, and weighs less than one pound. The Kettle Gryp is easy to travel with and won’t take a bite out of your wallet.
The Kettle Gryp is a simple device that allows you to attach it to any standard dumbbell, up to 55 pounds, and turn it into a kettlebell. The product has a plastic latch on the bottom portion of the handle that snaps shut, so the grip doesn’t come undone easily.
The latch itself snaps shut and offers a pretty solid latching. The Kettle Gryp is a much more cost-effective option than purchasing one or more kettlebells when you already have access to dumbbells.
It is a great option for those looking to save money because they have a tight budget, or are just starting to experiment with kettlebell training and are not.
Overall, the Kettle Gryp is a great budget-friendly alternative for kettlebells to use at-home, or if you are a beginner/intermediate lifter who is unsure if kettlebell training is something you would enjoy.
It is also a great option for gym-owners who want to provide their clientele with the options of kettlebells without the added weight, cost, and footprint of traditional kettlebells.
What Was The Outcome Of The Kettle Gryp Shark Tank Pitch?
Kettle Gryp appeared on Shark Tank in Season 13, Episode 13, where the founders, Daniel Sheppard and Andrew Martin, pitched their product to the sharks. They asked for $300,000 in exchange for 10% of their company’s shares.
Lori Greiner invested $300,000 in the company for 15% equity. As of March 2022, Kettle Gryp is still in business and seems to be doing well, with an annual revenue of around $1.4 million in 2021. The company is currently selling its product for $34.95.
The Kettle Gryp is a portable dumbbell adapter that turns ordinary dumbbells into kettlebells, making workouts more accessible and enjoyable for people. The product has been successful since its appearance on Shark Tank, and the founders have managed to grow the company significantly.
Did Kettle Gryp Get A Deal On Shark Tank?
Yes, Kettle Gryp did get a deal on Shark Tank. The founders, Daniel Sheppard and Andrew Thomas, asked for $300,000 in exchange for 10% of their company’s shares. Lori Greiner invested $300,000 in the company for 15% equity.
The Sharks were impressed with the product and the team behind it, and Kettle Gryp has managed to grow significantly since appearing on Shark Tank. The company had sales of $3.6 million to date before the show aired.
Kettle Gryp had sales of $391,000 in 2018, $590,000 in 2019, and $1.9 million in 2020, and is forecasted to reach $1 million by the end of 2021 on the show.
What Happened To Kettle Gryp After Its Appearance At The Shark Tank?
Kettle Gryp has been doing well since its appearance on Shark Tank. The company managed to secure a deal with Lori Greiner, who invested $300,000 for 15% equity in the company.
The product had sales of $3.6 million to date before the show aired, and had sales of $391,000 in 2018, $590,000 in 2019, and $1.9 million in 2020. Kettle Gryp had an annual revenue of around $1.4 million in 2021.
The company is still in business and seems to be doing well, with its product selling for $34.95. Kettle Gryp has managed to grow significantly since appearing on Shark Tank, and the company now has a wide variety of satisfied customers.
