Surf Band Pro Shark Tank Episode 15 Update & Net Worth
Surf Band Pro Shark Tank Episode 15 Update & Net Worth Surf Band Pro, an innovative on-the-go sunscreen dispenser, made its appearance on Shark Tank during Season 14, Episode 15, which aired on March 3, 2023. The product, designed by Greg Demirjian, is a wearable wristband that allows surfers to dispense sunscreen with a simple…
Surf Band Pro Shark Tank Episode 15 Update & Net Worth
Surf Band Pro, an innovative on-the-go sunscreen dispenser, made its appearance on Shark Tank during Season 14, Episode 15, which aired on March 3, 2023. The product, designed by Greg Demirjian, is a wearable wristband that allows surfers to dispense sunscreen with a simple press, ensuring they can protect their skin even while out on the water.
Greg sought $150,000 for 10% equity in his company but left the Tank without a deal.
Despite not securing an investment, Surf Band Pro has seen significant growth since its appearance on the show. As of April 2024, the company is still in business and estimated to be worth $1.5 million.
What is Surf Band Pro? How Does it Work?
Surf Band Pro is a wearable sunscreen dispenser designed to make applying sunscreen easier and more convenient for those engaged in outdoor activities, particularly surfers.
The product is worn like a wristwatch, and with a quick press of a button, it dispenses sunscreen into the user’s hand, allowing them to quickly apply it to their skin.
The product is especially useful for surfers, who often face the challenge of reapplying sunscreen while in the water. The Surf Band Pro eliminates the need to carry a bulky sunscreen bottle by providing an easily accessible, wearable option.
Key Features:
- Wearable Design: The wristband design allows users to carry sunscreen without needing to hold a bottle or tube.
- Easy Dispensing: A simple press on the band releases sunscreen, making it easy to apply even while on the go.
- Portability: The band is lightweight and easy to wear, making it ideal for surfers, hikers, cyclists, and other outdoor enthusiasts.
- Colors and Price: The Surf Band Pro is available in three colors—Black, Blue, and Magenta—and retails for $19.95.
The band’s velcro design makes it easy to use. Users simply open the cap, fill the band with sunscreen, and close it. When sunscreen is needed, they press the band’s top, and the sunscreen is dispensed through the nozzle.
Surf Band Pro Shark Tank Episode 15 Season 14: What Happened at Shark Tank Pitch?
In Season 14, Episode 15 of Shark Tank, Greg Demirjian presented Surf Band Pro to the Sharks, seeking $150,000 for 10% equity in his company. Greg explained the concept behind his product, emphasizing the convenience it offers to surfers who need to reapply sunscreen while on the water.
Despite the innovative nature of the product, the Sharks were concerned about the lack of sales and the niche market. Greg had only recently begun manufacturing the product, so there were virtually no sales figures to report.
Key Points from the Pitch:
- Manufacturing: The product had just started being manufactured a month prior to filming.
- Retail Price: The Surf Band Pro retails for $19.95 online, with a manufacturing cost of just under $5 per unit.
- Sales Concerns: The Sharks were concerned about the lack of sales and market competitiveness.
- Feedback: Kevin O’Leary jokingly suggested renaming the product to “Squirt Master Pro” but did not make an offer. Other Sharks expressed concerns about the niche market and opted not to invest.
Ultimately, none of the Sharks made an offer, and Greg left without a deal.
Surf Band Pro Shark Tank Pitch Summary
Company Name | Surf Band Pro |
Founder | Greg Demirjian |
Product | Wearable sunscreen dispenser |
Amount Asked For | $150,000 for 10% equity |
Final Deal | No Deal |
Investor | None |
Season & Episode (USA) | Season 14, Episode 15 |
Lifetime Sales | $50,000 estimated |
Business Status | In Business |
Current Net Worth | $1.5 million estimated |
What Happened to Surf Band Pro After Shark Tank?
Following the Shark Tank episode, Surf Band Pro experienced a surge in interest and sales. Although Greg did not secure a deal with the Sharks, the exposure from the show led to increased visibility for his product. According to Greg, “people have been purchasing non-stop” since the episode aired. Customers have also provided positive feedback and suggestions for future improvements.
Notable Developments:
- Partnership with United Nations: Surf Band Pro has partnered with the United Nations to support the United to Beat Malaria campaign. For every Surf Band Pro sold, Greg’s company donates the equivalent to the campaign, helping to combat malaria.
- Customer Feedback: The product has received positive reviews from customers, who appreciate its convenience and innovative design.
How Much Is Surf Band Pro Worth?
As of April 2024, Surf Band Pro is estimated to be worth $1.5 million. The company has continued to grow since its appearance on Shark Tank, with increasing sales and positive customer feedback contributing to its success.
Is Surf Band Pro Still in Business?
Yes, Surf Band Pro is still in business and continues to operate successfully. The company has expanded its reach and formed meaningful partnerships, such as with the United Nations’ United to Beat Malaria campaign, further solidifying its presence in the market.
Which Episode & Season Number Was Surf Band Pro on Shark Tank?
Surf Band Pro was featured on Shark Tank during Season 14, Episode 15, which aired on March 3, 2023. Despite not receiving a deal, the company has since grown and continues to be active in the market.
Frequently Asked Questions
Who founded Surf Band Pro?
Surf Band Pro was founded by Greg Demirjian, who is also the CEO of the company. Greg has a background in photography and launched the company under the umbrella of WearSpray in 2020.
What is Surf Band Pro?
Surf Band Pro is a wearable sunscreen dispenser designed for outdoor enthusiasts, particularly surfers. The band is worn on the wrist and dispenses sunscreen at the press of a button, making it easy to apply sunscreen while on the go.
Did Surf Band Pro get a deal on Shark Tank?
No, Surf Band Pro did not receive a deal on Shark Tank. The Sharks were concerned about the lack of sales and the niche market for the product.
How much is Surf Band Pro worth?
As of April 2024, Surf Band Pro is estimated to be worth $1.5 million.
Is Surf Band Pro still in business?
Yes, Surf Band Pro is still in business and continues to operate successfully. The company has seen growth in sales and has formed partnerships to support global initiatives like the United to Beat Malaria campaign.
Which episode of Shark Tank featured Surf Band Pro?
Surf Band Pro was featured on Shark Tank Season 14, Episode 15.