Tandem Boogie Shark Tank Net Worth (Before and After Shark Tank)

Tandem Boogie, also known as Tandem Surf, is a boogie board company that appeared on Shark Tank Season 12, Episode 17. The company has a net worth of over $1 million as of 2023. The founders of Tandem Boogie, the Clark family, have a net worth of around $500,000. During their pitch, they initially asked for $100,000 for 10% equity but ended up securing a deal of $100,000 for 35% equity with Daniel Lubetzky and Robert Herjavec. Tandem Boogie has been successful since appearing on the show and is still in business as of June 2023.

Key Takeaways:

• Tandem Boogie, also known as Tandem Surf, is a boogie board company that appeared on Shark Tank Season 12, Episode 17.
• The company has a net worth of over $1 million as of 2023.
• The founders of Tandem Boogie, the Clark family, have a net worth of around $500,000.
• Tandem Boogie secured a deal of $100,000 for 35% equity with Daniel Lubetzky and Robert Herjavec.
• Tandem Boogie is still in business as of June 2023.

Tandem Boogie’s Net Worth in 2023

In June 2023, Tandem Boogie’s net worth is estimated to be over $1 million. This valuation reflects the company’s growth since its appearance on Shark Tank and the success it has achieved since then. One of the key factors contributing to this net worth is the revenue generated from a highly successful Kickstarter campaign.

The Kickstarter campaign saw the support of 101 backers who contributed an impressive $31,230 towards the project. This initial boost allowed Tandem Boogie to bring their innovative boogie boards to market and establish a solid foundation for their business. Within just two months, the company was able to generate around $3,000 in revenue, setting the stage for future growth.

Looking ahead, Tandem Boogie has ambitious plans to expand their sales to reach $300,000 in the upcoming year. With their products still available for purchase through their website and Amazon, the company is focused on capturing a larger market share and continuing to build on its current success.

Tandem Boogie’s Revenue Breakdown

Source	Amount
Kickstarter Campaign	$31,230
Initial Sales (2 months)	$3,000
Total	$34,230

These promising numbers demonstrate the demand for Tandem Boogie’s boogie boards and the potential for further growth in the future. With a strong net worth and a dedicated customer base, the company is well-positioned to achieve its goals and solidify its position in the market.

Tandem Boogie’s Success and Growth

Since its appearance on Shark Tank, Tandem Boogie, now known as Tandem Surf, has experienced remarkable success and growth. As of June 2023, the company remains active and continues to thrive in the boogie board industry.

Tandem Surf has expanded its reach beyond the USA and now ships its products worldwide using FedEx. Customers from countries including Canada, Mexico, Japan, New Zealand, Australia, and Africa can enjoy the exhilarating experience of riding Tandem Boogie boards. This international expansion has significantly contributed to the company’s revenue growth.

In addition to expanding their global presence, Tandem Surf has also introduced exciting new products to their lineup. The Tandem Boogie PRO and Tandem Boogie AIR have been well-received by the bodyboarding community, attracting a new wave of customers and boosting the company’s revenue even further.

Engaging with their loyal customer base, Tandem Surf held their first annual TANDM Surf Contest in Santa Monica last year. This event not only showcased the company’s dedication to the sport but also solidified their position as a respected brand within the bodyboarding community.