Metric Mate, a fitness tracking device, appeared on Shark Tank as a Shark Tank success story. This smart fitness gadget offers innovative wearable technology for health and wellness enthusiasts. With its metric tracking capabilities, Metric Mate allows users to track progress and improve fitness levels, making it an essential weight loss tool.
During Shark Tank Season 12, Metric Mate caught the attention of the sharks with its remarkable features, but despite favorable feedback, no deal was made. Seeking a $100,000 investment for 5% ownership, Metric Mate’s valuation stood at $2 million during the show.
Key Takeaways:
- Metric Mate is a smart fitness gadget and innovative health product.
- It appeared on Shark Tank Season 12 but did not secure an investment.
- The founders sought a $100,000 investment for 5% ownership.
- Metric Mate’s valuation was $2 million at the time of the show.
- It is a wearable technology that helps users track progress and improve fitness levels.
Who is the Founder of Metric Mate?
Metric Mate, the innovative smart-fitness product, was founded by three individuals with a passion for health and wellness. The founders of Metric Mate are Braxton Davis, MT Strickland, and Ecleamus Ricks. Together, they embarked on a mission to create a wearable technology that revolutionizes metric tracking and helps individuals improve their fitness.
Meet the Founders:
| Founder | Background |
|---|---|
| Braxton Davis | A fitness enthusiast with a background in engineering, Braxton used his expertise to develop the cutting-edge technology behind Metric Mate. |
| MT Strickland | An avid health advocate, MT’s passion for fitness and wellness inspired Metric Mate’s vision to empower individuals in their fitness journey. |
| Ecleamus Ricks | Ecleamus brings his entrepreneurial spirit to Metric Mate, using his strategic thinking and business acumen to drive the company’s growth. |
The founders of Metric Mate showcased their product on the popular show Shark Tank, seeking investment to propel their business forward. The Metric Mate team’s determination and expertise make them well-equipped to lead their company towards success in the health and fitness industry.
Metric Mate Shark Tank: What Happened on “Shark Tank”?
During their appearance on “Shark Tank,” the Metric Mate team pitched their smart fitness device, seeking a $100,000 investment in exchange for a 5% ownership stake in their company. The Sharks were impressed with the innovative product that aimed to revolutionize fitness tracking. However, despite the positive reception, the Sharks ultimately decided not to invest in Metric Mate.
Although the team did not secure an investment deal, their appearance on the show generated significant public interest and support. The Metric Mate Shark Tank episode drew attention to the smart fitness device, resulting in a surge of pre-orders for the product. This demonstrated the public’s enthusiasm for the Metric Mate device and their belief in its potential to improve fitness tracking and overall wellness.
Despite the Sharks’ decision, Metric Mate’s presence on “Shark Tank” provided valuable exposure and validation for the brand. The public interest and support received after the episode served as a testament to the product’s appeal and market demand. This experience propelled Metric Mate into the spotlight, positioning them for continued success and growth in the smart fitness technology industry.
| Investment Amount | Ownership Percentage | Sharks’ Decision |
|---|---|---|
| $100,000 | 5% | No deal |
“Our Shark Tank appearance was a transformative experience for us. While we didn’t secure an investment, the public interest and support we received has been overwhelming. We couldn’t be more excited about the future of Metric Mate and the impact it will have on the fitness industry.” – Braxton Davis, Co-founder of Metric Mate.
