What Happened To Electra After Shark Tank?
Electra After Shark Tank Update: Athletes should know simply what ingredients a sports drink should have. And Electra Beverages’ founder, the athletic Fran Harris, is no lightweight on the field. In 1986, Harris and her University of Texas Longhorns basketball team won the NCAA title. In addition, she has been named to the Southwest Conference All-Decade Team and was named Player of the Year once.
What Is Electra?
If you’re looking for an alternative to Gatorade, go no further than Electra Sports Drink.
You can choose from three different Electra flavors:
- Passion Punch
- Lemonade with orange
- Lcorice
The electrolyte-fortified beverage is sold in 16-ounce bottles.
Antioxidants, amino acids, and vitamin supplements.
Who Is The Founder Of Electra?
Athletes need just be aware of a few basic requirements for a sports drink. The originator of Electra Beverages, Fran Harris, is an active athlete. Harris and her Texas Longhorns basketball team won the 1986 NCAA championship. She has also won the Southwest Conference Player of the Year award and has been chosen to the All-Decade Team.
Know About the Electra Shark Tank Update
The business venture ‘iDrinkElectra’ continues to operate successfully subsequent to its appearance on the reality show Shark Tank.
Nevertheless, other emerging beverage startups are posing powerful competitors to this company in the field of hydration beverages.
Electra Shark Tank Update
| Company Name | Electra Drink (iDrinkElectra) |
| Founder | Fran Harris |
| Founded | 2020 |
| Product | All-Natural Sports Hydration Drink |
| Asked For | $350k For 20% equity |
| Final Deal | $100k Cash + $250k Line Of Credit For 30% Upon Influencer Partnership |
| Shark | Barbara Corcoran |
| Electra Shark Tank Episode | S12 E9 |
| Air Date | Jan 8, 2021 |
| Business Status | In Business |
| Headquarters | Austin, Texas, United States |
| Electra Net Worth | $10M Estimated |
| Electra Instagram | View Profile |
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Electra on Shark Tank Pitch
In 2021, the Electra brand of sports hydration drinks made an appearance on Shark Tank. After learning how many calories and how much sugar was in popular sports drink brands, Electra’s creator, Fran Harris, set out to produce a healthier alternative.
Harris was confident that her sports drink, which she created with the consumer’s health in mind, was a smashing success. For $200,000, she offered 20% of her company.
Barbara Corcoran has committed to a $100,000 investment and a $250,000 credit line in exchange for a 30% stake in the company. The sale, however, was never completed.
After the show, Electra shot to fame amongst young people everywhere. Harris planned to put the money he received from Shark Tank into advertising.
Electra maintained a slender internet profile, but as of the year 2023, she seemed to have fizzled out. Electra is solely available through its online store, and H.E.B. does not carry any of its products.
Electra’s last tweet was in 2021, her last Facebook update was at the beginning of 2022, and her last Instagram post was in the middle of 2022.
According to the Shark investment, Electra Sports Drink is valued at about $1.17 million. Electra managed to get $40,000 from WeFunder in the year 2020.
Electra After Shark Tank
Athletes only need to be aware of the most fundamental standards for a sports drink. Fran Harris, founder of Electra Beverages, is a fitness lover.
Harris was a key player in the 1986 NCAA championship victory by her Texas Longhorns basketball team. She was also named to the All-Decade Team and was the Southwest Conference Player of the Year.
Athletes only need to be aware of the most fundamental standards for a sports drink. Fran Harris, founder of Electra Beverages, is a fitness enthusiast.
Harris was a key player in the 1986 NCAA championship victory by her Texas Longhorns basketball team. She was also named to the All-Decade Team and was the Southwest Conference Player of the Year.
Electra Net Worth
In 2022, Electra’s estimated net worth might reach $1.1 million. Branded sports hydration drinks are expected to reach a market value of US$ 25.5 billion by 2031, up from an estimated US$ 15.2 billion in 2021.
This product has a high potential for future expansion due to its healthy rate of development.
Is Electra Still In Business?
As of August 2023, it appears that Electra is still working. In 2022, the business apparently struck an agreement with 172 H-E-B stores in Texas, although Electra is no longer available there. The beverages are also advertised on Amazon, albeit with an “out of stock” label.
Electra beverages are not even mentioned on the official site at the moment. Litty Lemonade, Passion Punch, and Oh Yeah! Orange is the same three flavors available in bottled form.
However, it appears that Electra is only offering the powder mixes. Price per 12-pack is $19.99, with a variety pack available for $21.99. There are no other places online or in stores where you may get the powders.
Electra Competitors
- Mountain Berry Blast Xion 4
- Mountain Berry Blast Powerade
- Mixed Berry Powerade
- Fruit Punch Powerade
FAQs:
Former WNBA player and Electra sports drink creator Fran Harris. She reflected on her 30 years of playing sports and the necessity of consuming hydration drinks.
Electra Net Worth is $10M.
Yes, Electra is still in business.
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