Ice Shaker is a double vacuum insulated stainless steel blender bottle that can keep drinks cold for up to thirty hours. This makes it perfect, as claimed by its founders, for gym-goers. Not only is it great for a variety of other drinks, like water and coffee, but it also does not allow its contents to spill while shaking vigorously.
The 26oz tumbler keeps drinks cold for more than thirty hours. On the other hand, the larger 32oz keeps drinks cold for more than forty hours. An Ice Shaker is 26 ounces and costs about $39.99. Customers can buy it by ordering online either through Ice Shaker’s official online website or through Amazon.
Ice Shaker Net Worth
In 2022, the net worth of Ice Shaker is estimated to be around $1 million.
Ice Shaker Founder
The founder of Ice Shaker is Chris Gronkowski, who is a renowned professional NFL player. After his professional football career came to an end, he decided to start his Ice Shaker business.
Chris Gronkowski, during his career as a professional football player in the United States of America, was looking for a type of bottle that he could use all day during his workout sessions or football games, without having to switch between other shakers.
However, Chris could find nothing of the sort in the market. Therefore, he decided to design his own product, with the assistance of his four brothers, who are named Glenn, Dan, Rob, and Gordie.
Once the prototype was designed and the brothers were satisfied with it, they started producing the product on a large scale and selling it. Before they decided to show up on Shark Tank, the brothers had already sold off more than $80,000 worth of Ice Shakers in six months.
Ice Shaker During Shark Tank
Chris Gronkowski and his four brothers Gordie, Dan, Glenn, and Rob, entered Shark Tank, seeking $100,000 in exchange for a 10% stake in the business. This showed that the Gronkowski brothers valued their business at $1 million.
During their pitch, Chris and his brothers presented samples of Ice Shakers, stating the benefits of using one, and how an Ice Shaker is better than other shakers and tumblers in the market. They also familiarized the Sharks with the value of revenue made in the last three to six months.
Kevin O’Leary offered $100,000 in exchange for a 20% stake in the business. Lori offered $100,000 in exchange for a 15% stake, whereas Barbara offered $100,000 in exchange for a 10% stake. It seemed like all the Sharks were very interested in investing in this business.
Alex, being an owner of several gymnasiums and firmly believing in Ice Shaker’s success, invited Mark to join him in a deal with the founders of Ice Shaker. However, the pair found the 10% equity to be too less.
Chris Gronkowski and his four brothers consulted each other and offered $150,000 in exchange for a 15% stock, which both Mark and Alex agreed to. Thus, an agreement was reached.
What Happened to Ice Shaker After Shark Tank Deal?
After the Shark Tank, Ice Shaker added various colors to their shakers and tumblers. The Gronkowski brothers claimed that the business made millions in revenue from online orders through their official online website.
According to a report, a year after the deal with the Sharks, Ice Shaker made $3 million in revenue. Moreover, the business has a healthy 4.6-star rating on Amazon, with countless positive reviews.