Zup Board Shark Tank Net Worth
ZUP, a line of versatile, easy-to-use, towable wakeboards, was featured on Shark Tank episode 911.
The founder Glen Duff, Scott Parks, and Nick Kierpiec had a net worth of 3 Million USD as of 2022, and ZUP had about $2.5 million in total lifetime sales since launching the business about four years earlier.
As of 2021, ZUP revenues are estimated at more than $3 million.
What is Zup Board and Who is the founder of Zup Board?
Zup Board is a unique water sport device that combines elements of water skiing, boogie boarding, and wakeboarding to help users progress in their chosen water sport. These brightly colored boards are designed to be simple to use and come in three variants depending on the user’s skill level.
The founders of Zup Board are Nick Kierpiec, Glen Duff, and Scott Parks, who launched the company from their garages in Williamsburg, Virginia in 2008. Their aim was to create a safe, enjoyable, and easy-to-use device that would help customers improve their water sports abilities.
Zup Boards are intended to replace traditional tow-behind water toys such as tubes, wakeboards, and water skis. The boards are versatile and allow users to lie down, kneel, or stand, depending on their skill level. They’re also equipped with soft, grip-able handles and wrapped in soft foam for added safety and comfort.
Zup Boards can be pulled by any boat with a 100-horsepower engine, including high-powered jet skis where permitted by law. The You Got This, Do More, and You Go models are available in single or double-rider variants to suit a range of users.
Zup Board’s founders are committed to producing high-quality, safe products while keeping costs reasonable. Zup Boards can be purchased online at Amazon or in person at Overton’s Sporting Goods.
What Happened to Zup Board at Shark Tank pitch?What Happened to Zup Board after Shark Tank?
In episode 911 of Shark Tank, Nick Kierpiec, Glen Duff, and Scott Parks pitched their Zup brand of towable water sport boards in hopes of securing a deal with one of the Sharks. They were seeking $300,000 in exchange for a 10% stake in their company, which was valued at $3 million.
During the pitch, the Sharks were impressed with their product and asked about their sales figures. Zup had generated $2.5 million in total sales and $1 million in annual sales through 180 stores in the United States and online outlets like Amazon. Their products were priced between $279 and $400, with a combined profit of 54%.
However, the pitch began to unravel when the Sharks asked additional questions, and the Zup founders struggled to provide clear answers. Mark Cuban and Daymond John passed on the deal, while Kevin O’Leary expressed concern over the company’s debt and cash position. Lori Greiner and Sara Blakely also declined to invest.
Despite the failed deal, Zup saw a surge in website traffic and sales after the episode aired. They also received inquiries from potential investors. However, in August 2018, around seven months after the show aired, Zup became embroiled in a patent lawsuit and failed to strike a deal with a potential collaborator named NASH.
The lawsuit ruled against Zup, but the company continued operating and had an annual revenue of $3 million as of February 2022.
Competitors of Zup Board
The primary Competitors of Zup Board in the market space are; TITO Wake Surfer and Twin Peaks Water Ski.
Net Worth of Zup Board
The company valuation was $3 million during and after the pitch. Since then the company is still in business and hence the company net worth might have been higher than that of pitch.
Zup Board Shark Tank Updates
ZUP is a water accessories brand that produces a multi-purpose waterboard for outdoor activities that can be used on lakes, ponds, and even the beach.
The company appeared on Shark Tank in season 9, where the entrepreneurs Nick Kierpiec, Glen Duff, and Scott Parks asked for $300,000 for 10% equity.
However, none of the sharks made a deal with them. Despite not getting a deal, ZUP is still in business and has had moderate success on Amazon.
The company has posted thousands of positive reviews on Amazon, and its sales come from nearly 200 different retail locations across North America and Europe.
At the time of the Shark Tank appearance, ZUP was valued at around $3 million by the founders. In 2021, ZUP revenues are estimated at more than $3 million.
The company has expanded into making accessories like t-shirts, water bottles, and bags. ZUP boards are easy to ride and brightly colored for safety.
Users can lay down, kneel or stand on the boards based on their skill level. The boards are designed to replace all other water sports equipment and make wakeboarding much easier.
ZUP has a strong social media presence, with 6,000 followers on Instagram, 3,000 likes on Facebook, and 23,000 views on YouTube.
The company’s website is working and has wonderful pictures and great content to lure customers for additional purchases for both kids, teens, and adults.
Although the company failed to close a deal with any Shark, it continues to sell all boards they unveiled during their Shark Tank appearance.
Zup Board Shark Tank Table Summary:
| CATEGORY | INFORMATION |
| Product | Zup Board |
| Founders | Nick Kierpiec, Glen Duff, and Scott Parks |
| Pitched on | Shark Tank episode 911 |
| Seeking | $300,000 for a 10% stake |
| Valuation | $3 million during and after the pitch |
| Sales | $2.5 million in total lifetime sales since launch |
| Revenues | Estimated at more than $3 million in 2021 |
| Competitors | TITO Wake Surfer and Twin Peaks Water Ski |
| Updates | ZUP is still in business and has expanded into making accessories like t-shirts, water bottles, and bags. The company has a strong social media presence, and Zup Boards can be purchased online at Amazon or in person at Overton’s Sporting Goods. |
| Zup Board Products | Versatile, easy-to-use, towable wakeboards |
| Shark Tank Appearance | Episode 911; sought $300,000 for a 10% stake, valued at $3 million; no deal made |
| Zup Board Net Worth | $3 million as of Shark Tank pitch and estimated revenue of over $3 million as of 2021 |
| Sales | $2.5 million in total lifetime sales and $1 million in annual sales as of Shark Tank pitch |
| Lawsuit | Involved in a patent lawsuit and failed to strike a deal with a potential collaborator named NASH |
| Social Media Presence | 6,000 followers on Instagram, 3,000 likes on Facebook, and 23,000 views on YouTube |
| Other Products | Accessories such as t-shirts, water bottles, and bags |
| Distribution | Sold online at Amazon or in person at Overton’s Sporting Goods; sold through nearly 200 retail locations |
Zup Board FAQs
What Is Zup Board And How Does It Work?
Zup Board is a line of towable water sport boards that are designed to replace all the typical tow-behind “toys” you’d normally find on a boat, such as tubes, wakeboards, and water skis.
The boards are brightly colored for safety and can be used by riders of all skill levels. Users can lay down, kneel, stand, sit, wake surf, and more on the boards. The Zup Board combines all the elements of these items, clearing out the clutter without losing any of the fun.
The Zup Board is made from rotomolded plastic and features a kneeboard’s familiar oval shape and soft EVA top pad. It has dual foot straps that work as an elbow rest when starting out laying down. The board is lightweight and travels easily, making it a great water tool to teach young children water fun.
The Zup Board is also multi-functional and can be used as a sit-down hydrofoil or by removing the bindings, seat, and foil, it can be used as a traditional wake-surf board.
In Shark Tank episode 911, Nick Kierpiec, Glen Duff, and Scott Parks sought a deal for Zup, their line of towable water sport boards. They presented their product and gave their pitch, stating that they had $2.5 million in total sales with $1 million coming that year. Sales came from 180 retailers.
Who is the founder?
Zup Boards was founded by Nick Kierpiec, Glen Duff, and Scott Parks of Williamsburg, Virginia. They launched the business in their garages in 2008.
They intended to design a device that is safe, pleasant and simple to use, allowing customers to advance their talents.
What Was The Outcome Of Zup Board Shark Tank Pitch?
Zup Boards is a water accessories brand that produces a multi-purpose waterboard for outdoor activities that can be used on lakes, ponds, and even the beach. The company appeared on Shark Tank Season 9 in an attempt to raise $300,000 in exchange for 10% equity.
The founders of Zup Boards, Nick Kierpiec, Glen Duff, and Scott Parks, valued the company at around $3 million at the time of their Shark Tank pitch.
However, none of the sharks decided to invest in Zup Boards. Mark Cuban asked why their sales weren’t higher, Kevin O’Leary questioned their management of the company, and Sara Blakely offered constructive criticism of their pitch.
Despite not getting a deal from the sharks, Zup Boards is still in business and profitable. The company’s post-show national exposure increased their popularity and sales. Zup Boards has an active website with great content to lure customers for additional purchases for both kids, teens, and adults.
The company’s revenues are estimated to be more than $3 million in 2021. Zup Boards is also a craze on Instagram, Facebook, and YouTube, with thousands of followers and views. The company continues to sell all the boards they unveiled during their Shark Tank appearance and has expanded into making accessories like t-shirts, water bottles, and bags.
What Happened To Zup Board After Appearance On Shark Tank?
Zup Boards is a water accessories brand that produces a multi-purpose waterboard for outdoor activities that can be used on lakes, ponds, and even the beach.
The company appeared on Shark Tank in 2018, asking for $300,000 for 10% equity, but none of the sharks decided to invest in Zup Boards.
Despite not getting a deal, Zup Boards received national exposure from the show, and their website traffic increased by 4,000%. They also received inquiries from investors who saw the episode.
After appearing on Shark Tank, Zup Boards has had moderate success on Amazon, and customers have posted thousands of positive reviews.
The company is still in business and profitable, and they are still selling all of the boards that appeared on the Shark Tank episode. They have also expanded their product line to include branded tote bags, water bottles, and other accessories.
However, within seven months of appearing on Shark Tank, Zup Boards was dragged into a patent lawsuit. They had collaborated with a company called NASH to deliver a new product, but the partnership ended in a legal dispute.
Despite this setback, Zup Boards is still in business and has a strong online presence with thousands of followers on Instagram, Facebook, and YouTube.
How much were they seeking on Shark Tank?
They were seeking $300,000 in exchange for 10% of the company. The company was valued at $3 million.
Did they have the deal?
No, they did not have a deal.
Is Zup Board still in business?
Yes, Zup Board is still in business as of February 2022.
Where is Zup Board located?
Zup Boards is located in Williamsburg, Virginia.
What is the price range of Zup Board?
It has a general price range between $279 and $400.
Where can you buy Zup Board?
The boards are available online at Amazon and in person at Overton’s Sporting Goods.
How do you tow a Zup board?
One doesn’t. The boards are tow-behind water sport devices that allow users to ease into their chosen activity and go to the next level. It’s intended to replace all of the conventional tow-behind “toys” found on a boat, such as tubes, wakeboards and water skis.
What is the warranty for a Zup Board?
Zup Boards is warrantied to be free from defects in material and workmanship for a period of one year from the date of purchase, but only one trip on the board and it has to be fully submerged in water.
How quickly can you pull a Zup board?
For every ZUP Board, they suggest 12-18 MPH. Because the 2.0 has less drag, it may perform somewhat better.
Do you think you can surf on a Zup board?
Yes, users can do it as well! If their tiny heart wishes, they can even stand or surf! Tricks and 360s are just frosting on the cake, in our opinion! With our boards, users truly can do it everything!
What are the payment methods accept by Zup Boards?
The payment methods accepted by Zup Boards include: PayPal, Visa, MasterCard, Discover and American Express.
What is the return policy of Zup Board?
Zup Board is not a refundable item. Orders are not made through the site or through Overton’s Sporting Goods.
What are the shipping fees for a Zup Board?
For every ZUP Board, they suggest 12-18 MPH. Because the 2.0 has less drag, it may perform somewhat better.
How many models of the board does it have?
Zup Board has 2 models, namely 2.0 and original, both created to fit any need or desire. Users can use the boards with or without attachments (which are optional).
What are the advantages of Zup Boards?
There are many advantages of using Zup board as it is compact and light weight which makes it easy to carry around and store. It has a strong grip so that you can use it without any slip issues even if it is wet.
Where do I find a best deal for the Zup Board?
Customers can find the boards on Amazon for as low as $199, depending on the size. It is also available at Overton’s for $149.99, but it is stock limited.
What is the net worth of Nick Kierpiec?
The net worth of Nick Kierpiec is not available.
What is the net worth of Glen Duff?
The net worth of Glen Duff is not available.
What is the net worth of Scott Parks?
The net worth of Scott Parks is not available.
