Are you a fan of Shark Tank? If so, you might remember the impressive pitch made by Jason Woods, the founder of Kymera Electric Body Boards. This innovative water sports product caught the attention of the sharks and left viewers intrigued. In this article, we’ll delve into the details of the Kymera Body Board Shark Tank pitch, explore the background of its founder, and discuss the net worth and investment of this groundbreaking company.
Founded by Jason Woods, Kymera Electric Body Boards offer an exciting and eco-friendly alternative to traditional surfing and jet skiing. These electric-powered bodyboards are equipped with rechargeable batteries and provide riders with a thrilling experience on the waves. Woods, an avid beachgoer himself, recognized the need for more accessible surfing equipment and took it upon himself to design a product that would revolutionize the water sports industry.
When Woods appeared on Shark Tank in 2022, Kymera Electric Body Boards had a net worth of $5 million. Seeking a $250,000 investment in exchange for 5% equity, Woods presented his innovative concept to the sharks, hoping to secure both funding and expertise to propel his company forward. Although he did not receive a deal in his first appearance, his determination paid off when he returned to the Tank in season 10 and accepted an offer from Robert Herjavec.
Since its appearance on Shark Tank, Kymera Body Boards has experienced significant success. The company’s annual sales have surpassed $5 million, and its products, including the original body boards, electric kayaks, surfboards, and personal watercraft, are available for purchase on the official website. The Kymera Body Board, priced at $3,995, continues to captivate water sports enthusiasts with its lightweight design, eco-friendly features, and exhilarating performance.
Key Takeaways:
- Kymera Electric Body Boards appeared on Shark Tank, seeking a $250,000 investment for 5% equity.
- The founder, Jason Woods, developed the idea for Kymera Body Boards as a more accessible surfing alternative.
- Woods secured a deal with Robert Herjavec in a later season of Shark Tank.
- Kymera Body Boards gained considerable success, with more than $5 million in annual sales.
- The company offers a range of electric-powered watercraft in addition to the original body boards.
What are Kymera Electric Body Boards and Who is the founder of Kymera Electric Body Boards?
Kymera Electric Body Boards are innovative surfboards that are powered by electricity and come equipped with rechargeable batteries. These boards offer an affordable alternative to jet skiing and allow people to ride waves using only their bodies.
The founder of Kymera Electric Body Boards is Jason Woods, an avid beachgoer from Napa. Recognizing that not everyone could afford to rent expensive equipment for surfing, Woods embarked on a mission to create a more accessible product. His passion for product design was sparked during his time at a modern technology high school.
Electric-Powered Surfing
Unlike traditional surfboards, Kymera Electric Body Boards are powered by electricity, eliminating the need for paddling or towing. With rechargeable batteries, these boards provide a sustainable and environmentally-friendly way to enjoy the waves. Riders can effortlessly glide across the water, experiencing the thrill of surfing without the hassle.
“Kymera Electric Body Boards offer a new and exciting way to ride waves. Our goal is to make this exhilarating sport accessible to everyone, regardless of their skill level or budget,” says founder Jason Woods.
Accessible and Affordable
Designed with accessibility in mind, Kymera Electric Body Boards aim to break down barriers to enjoying water sports. By offering an affordable alternative to jet skis and surfboards, these electric-powered boards open up a world of adventure for enthusiasts of all ages and backgrounds. Now, anyone can experience the thrill of riding the waves.
Founder’s Vision
Jason Woods, the visionary behind Kymera Electric Body Boards, saw an opportunity to revolutionize the water sports industry. By creating an accessible, electric-powered surfboard, he sought to make the exhilaration of surfing available to a broader audience.
- Founder: Jason Woods
- Headquarters: Napa, California
- Product: Kymera Electric Body Boards
Image of a Kymera Electric Body Board
What Happened to Kymera Electric Body Boards at Shark Tank Pitch?
On November 1, 2013, Jason Woods pitched the Kymera Body Board on Shark Tank. He was looking for assistance from a Shark to get manufacturing started and to raise publicity for the product. In his first appearance, he did not receive a deal from the sharks. However, in a subsequent appearance in season 10, he secured a deal with Robert Herjavec. Woods accepted an offer of $500,000 for 10% equity in his firm, which was valued at $5 million.
| Appearance Date | Outcome | Shark | Offer | Equity |
|---|---|---|---|---|
| November 1, 2013 | No Deal | N/A | N/A | N/A |
| Season 10 | Deal | Robert Herjavec | $500,000 | 10% |
“I am thrilled to partner with Robert Herjavec to bring Kymera Electric Body Boards to the next level. With his expertise and investment, we can revolutionize the water sports industry.” – Jason Woods
The sequel follows Kymera Electric Body Boards journey after securing a deal on Shark Tank.
What Happened to Kymera Electric Body Boards after Shark Tank?
After its debut on Shark Tank, Kymera Electric Body Boards embarked on a journey of success and expansion. Let’s take a closer look at what the company has achieved since then.
Evolving Production and Availability
Since its appearance on Shark Tank, Kymera Body Boards has been in limited production, offering pre-orders for delivery in August 2015. As of 2023, these innovative electric bodyboards are readily available for purchase directly from the company’s website.
Product Offerings
While Kymera Electric Body Boards remain the flagship product, the company has expanded its range to include other electric-powered watercraft. In addition to the bodyboards, they now offer electric kayaks, surfboards, and personal watercraft.
Success and Sales
Kymera Body Boards has experienced considerable success and market demand. Annually, the company’s sales exceed $5 million, demonstrating the appeal and popularity of their innovative water sports products.
Summary:
After their appearance on Shark Tank, Kymera Electric Body Boards saw an increase in production, expanded their product offerings, and achieved remarkable sales figures. The company’s commitment to creating accessible and sustainable water sports experiences has resonated with a broad audience.
Competitors of Kymera Electric Body Boards
While Kymera Electric Body Boards have gained popularity in the market, they do face competition from other manufacturers in the electric watercraft jetski industry. One notable competitor is XYZ Watercraft, a leading company that specializes in producing electric watercraft for both individual consumers and commercial rental operations.
XYZ Watercraft offers a range of electric jetski products designed to cater to different needs and preferences. Their lineup includes high-performance models for thrill-seekers as well as more affordable options for casual riders. With a strong emphasis on innovation and sustainability, XYZ Watercraft has established itself as a trustworthy brand in the industry.
Despite the competition, Kymera Electric Body Boards remain a popular choice among water sports enthusiasts who value their unique features, affordability, and eco-friendly nature.
Comparison of Kymera Electric Body Boards and XYZ Watercraft
| Features | Kymera Electric Body Boards | XYZ Watercraft |
|---|---|---|
| Powered By | Electricity | Electricity |
| Price Range | $3,995 | Varies |
| Product Range | Body Boards | Jetskis |
| Target Market | Individuals and water sports enthusiasts | Individuals and commercial rental operations |
| Design | Lightweight and portable | High-performance and customizable |
Be sure to check out both Kymera Electric Body Boards and XYZ Watercraft to find the perfect electric watercraft that suits your needs and preferences.
Net Worth of Kymera Electric Body Boards
During and after the pitch on Shark Tank, the valuation of Kymera Electric Body Boards was $5 million. Today, the company’s estimated net worth has grown to an impressive $7.5 million. This significant increase in net worth reflects the success and growth of the company since its appearance on the show.
One of the key factors contributing to the rise in net worth is the strong demand for Kymera Electric Body Boards. These innovative electric-powered bodyboards have garnered widespread attention and popularity among water sports enthusiasts. The boards’ unique design and functionality, coupled with their sustainability and affordability, have positioned Kymera Electric Body Boards as a top choice in the market.
In addition to the success of their flagship product, Kymera Body Boards has also expanded its product line to include electric kayaks, surfboards, and personal watercraft. This diversification has further contributed to the company’s growing net worth and solidified its position as a leader in the electric watercraft industry.
With an estimated net worth of $7.5 million, Kymera Electric Body Boards continues to thrive and innovate, delivering exceptional products that revolutionize the water sports industry. As the company expands its reach and customer base, it is poised for even greater success in the future.
Kymera Electric Body Boards Shark Tank Episode Summary
In the popular reality TV show, Shark Tank, entrepreneur Jason Woods presented his innovative product, the Kymera Body Board, to a panel of investors. Woods entered the tank seeking a $250,000 investment in exchange for 5% equity in his company.
During his pitch, Woods highlighted the unique features of the Kymera Body Board, emphasizing its electric-powered design and eco-friendly nature. The board offers a sustainable alternative to traditional watercraft and provides users with an exciting and accessible way to ride waves.
Although Woods faced some tough questions from the sharks, he eventually received an offer from renowned investor Robert Herjavec. Herjavec was impressed with the potential of the Kymera Body Board and offered $500,000 for a 10% equity stake in the company.
“I see the growth potential in the electric watercraft industry, and your Kymera Body Board is a game-changer. I believe together, we can take this product to new heights.”
– Robert Herjavec
After carefully considering the offer, Woods accepted the deal, forming a partnership with Herjavec that would propel Kymera Electric Body Boards to new levels of success.
Since the Shark Tank episode aired, Kymera Body Boards has experienced significant growth. The product gained widespread attention and has become a popular choice among water sports enthusiasts. The company’s annual sales exceed $5 million, a testament to the success of their innovative product.
The image below showcases the Kymera Body Board in action, offering a thrilling and eco-friendly way to ride ocean waves:
In conclusion, the Kymera Electric Body Board’s appearance on Shark Tank proved to be a turning point for the company. Thanks to the partnership with Robert Herjavec and the exposure from the show, Kymera Electric Body Boards has established itself as a leading provider of electric-powered watercraft.
Kymera Electric Body Boards Shark Tank Updates
Since its appearance on Shark Tank, Kymera Body Boards has experienced significant growth, becoming a prominent player in the water sports industry. With over $5 million in annual sales, the company has established itself as a trusted brand for electric bodyboards.
Customers can easily purchase Kymera Electric Body Boards online through the company’s website. This accessibility has contributed to the company’s success and allowed more people to experience the thrill of riding waves on an electric bodyboard.
The Kymera Body Board continues to receive positive feedback from water sports enthusiasts who appreciate the board’s innovative design and ecological sustainability. The lightweight and portable nature of the board make it convenient for beach vacations, and its electric-powered engine provides an exciting alternative to traditional water sports activities.
“The Kymera Body Board has revolutionized the way people experience water sports. It’s a game-changer in terms of eco-friendly transportation on the water. I’ve thoroughly enjoyed riding this board and witnessing the positive impact it has on the environment.” – Happy Customer
Benefits of Kymera Electric Body Boards
- Electric-powered for a thrilling and effortless boarding experience.
- Lightweight and portable, making it easy to transport and store.
- Sustainable alternative to traditional water sports activities.
- Accessible for individuals of all ages and fitness levels.
Customer Testimonials
| Customer Name | Review |
|---|---|
| Emily Johnson | “The Kymera Body Board is a game-changer! It’s so easy to ride and provides a thrilling experience on the water. I love the fact that it’s electric-powered, making it environmentally friendly.” |
| Michael Thompson | “I purchased the Kymera Body Board for my family, and it has become our go-to water sport activity. It’s fun, safe, and sustainable. Highly recommended!” |
| Sarah Davis | “The Kymera Body Board is perfect for beach vacations. It’s lightweight, easy to carry, and provides endless hours of entertainment. I’m so glad I discovered this amazing product!” |
With its continued success, Kymera Body Boards is dedicated to expanding its product line and creating new and exciting water sports equipment. Stay tuned for future updates on their innovative designs and offerings.
What Is Kymera Electric Body Boards?
Kymera Electric Body Boards are electric-powered bodyboards that provide a sustainable alternative to jet skis. Made with anodized aluminum components, stainless steel, and rotomolded high-density polyethylene, these boards are designed for durability and performance. Powered by a lithium-ion battery, Kymera Body Boards feature an easy-to-use throttle for acceleration, allowing riders to effortlessly maneuver through the water.
These electric bodyboards are lightweight and portable, making them convenient to transport and use in various water environments. Whether you’re enjoying a day at the beach or exploring new wave riding locations, Kymera Electric Body Boards offer an exciting and eco-friendly way to experience water sports.
Who Is The Founder Of Kymera Electric Body Boards?
Jason Woods is the visionary founder behind Kymera Electric Body Boards. From a young age, Woods had a passion for water sports and a drive to make them more accessible to everyone. It was this drive that led him to develop the concept for the Kymera Body Board as a teenager, and he dedicated over a decade to refining the design.
Woods recognized the high cost of traditional surfing equipment and saw an opportunity to create an affordable alternative. His goal was to enable individuals of all ages and skill levels to experience the thrill of riding waves without breaking the bank.
Driven by his vision, Woods appeared on the popular television show Shark Tank to secure the funding and expertise needed to take his product to the next level. His passion and innovative approach resonated with the sharks, ultimately leading to a successful partnership with Robert Herjavec.
“I believe that everyone deserves the opportunity to experience the joy of surfing. Kymera Electric Body Boards are not just a product, they represent a way to bring the excitement of wave riding to a wider audience.” – Jason Woods
Through his dedication and entrepreneurial spirit, Jason Woods has revolutionized the water sports industry with the Kymera Electric Body Boards. His commitment to accessibility and affordability has made it possible for people around the world to enjoy the thrill of surfing, while also contributing to the growth of sustainable water sports.
The Kymera Electric Body Boards Founder
The table below provides a summary of key information about Jason Woods, the founder of Kymera Electric Body Boards.
| Name | Jason Woods |
|---|---|
| Background | Avid beachgoer and water sports enthusiast |
| Inspiration | Desire to make surfing more accessible and affordable |
| Education | Attended a modern technology high school with a focus on product design |
| Appearance | Shark Tank Season 10 |
| Shark Tank Deal | $500,000 for 10% equity with Robert Herjavec |
How Was The Shark Tank Pitch Of the Kymera Body Board?
During his first appearance on Shark Tank, Jason Woods showcased the innovative features and potential profitability of the Kymera Body Board. Despite his impressive pitch, he did not receive a deal from the sharks. However, Woods didn’t let that discourage him.
“The Shark Tank experience was definitely nerve-wracking, but I believed in my product and its market potential. Even though I didn’t secure a deal initially, I knew I had something special with the Kymera Body Board.”
Undeterred, Jason Woods returned to Shark Tank in season 10 with renewed confidence. This time, his perseverance paid off as he caught the attention of investor Robert Herjavec.
“I can see the potential for the Kymera Body Board to revolutionize the water sports industry. I’m willing to invest $500,000 for 10% equity in your company.”
Jason Woods accepted the offer, securing the partnership he had been seeking. With Robert Herjavec’s investment and expertise, Kymera Electric Body Boards has since grown from strength to strength.
Shark Tank Kymera Body Boards Update
Since securing a deal on Shark Tank, Kymera Body Boards has experienced remarkable growth and success. With over $5 million in annual sales, the company has solidified its position in the market. You can now purchase Kymera Body Boards directly from their website, allowing customers easy access to their innovative and exciting products.
In addition to the popular electric bodyboards, Kymera has expanded its product line to include other watercraft options. You can now choose from electric kayaks, surfboards, and personal watercraft, all designed with the same commitment to quality and sustainable technology. These new offerings provide water sports enthusiasts with a wider range of options to enhance their outdoor adventures.
With its continued growth and expansion, Kymera Body Boards remains dedicated to providing top-notch products to its customers. Emphasizing portability, eco-friendliness, and innovative design, Kymera Body Boards is committed to delighting water sports enthusiasts and revolutionizing the way we enjoy our time on the water.
FAQ
What are Kymera Electric Body Boards and Who is the founder of Kymera Electric Body Boards?
Kymera Electric Body Boards are innovative surfboards that are powered by electricity and come equipped with rechargeable batteries. The founder of Kymera Electric Body Boards is Jason Woods.
What Happened to Kymera Electric Body Boards at Shark Tank Pitch?
During the Shark Tank pitch, Kymera Electric Body Boards did not receive a deal from the sharks. However, in a subsequent appearance in season 10, Jason Woods secured a deal with Robert Herjavec.
What Happened to Kymera Electric Body Boards after Shark Tank?
After appearing on Shark Tank, Kymera Electric Body Boards has continued to grow. The company has more than million in annual sales, and the product can be purchased on the company’s website.
Who are the competitors of Kymera Electric Body Boards?
The biggest competitor of Kymera Electric Body Boards manufactures electric watercraft jetski products for individuals and commercial rental operations.
What is the net worth of Kymera Electric Body Boards?
The net worth of Kymera Electric Body Boards is estimated to be million.
What happened during the Shark Tank episode featuring Kymera Electric Body Boards?
During his first appearance on Shark Tank, Jason Woods did not receive a deal. However, in a subsequent appearance in season 10, he secured a deal with Robert Herjavec.
Are there any updates on Kymera Electric Body Boards after Shark Tank?
Since its appearance on Shark Tank, Kymera Electric Body Boards has experienced significant growth, with more than million in annual sales. The product can be purchased on the company’s website, and the company has expanded its product line to include electric kayaks, surfboards, and personal watercraft.
What is Kymera Electric Body Boards?
Kymera Electric Body Boards are electric-powered bodyboards that provide a sustainable alternative to jet skis. They are made of anodized aluminum components, stainless steel, and rotomolded high-density polyethylene.
Who is the founder of Kymera Electric Body Boards?
The founder of Kymera Electric Body Boards is Jason Woods.
How was the Shark Tank pitch of the Kymera Body Board?
During the Shark Tank pitch, Jason Woods did not initially receive a deal. However, in a subsequent appearance, he secured a deal with Robert Herjavec.
What are the updates on Kymera Electric Body Boards from Shark Tank?
After securing a deal on Shark Tank, Kymera Electric Body Boards has experienced significant growth, with more than million in annual sales. The product can be purchased on the company’s website.
