Metric Mate presence on Shark Tank kicks off an important season for the company’s development. To get their business off the ground, the business owners are counting on investment from the Sharks. A Shark is required to increase stock and hence, pre-orders.
Who is the founder of Metric Mate?
The three men, Braxton Davis, MT Strickland, and Ecleamus Ricks, presented an original smart-fitness product.
Metric Mate Shark Tank: What Happened on “Shark Tank”?
Season 14 of Shark Tank featured Metric Mate, who was looking to raise $100,000 in return for 5% ownership. Although the demonstration of the smart fitness device left the sharks pleased, they ultimately decided against making an investment.
After some heated counteroffers, the three entrepreneurs ultimately decided to pass on Kevin O’Leary’s offer of $100,000 in exchange for 25% interest in Metric Mate.
There was a lot of public interest and support for Metric Mate, even though they didn’t obtain a deal on Shark Tank. Pre-orders for their T.A.P. are presently being accepted.
The sensor can be used with weight machines or free weights. They need Shark cash to increase stock and promote.
Metric Mate is a data analytics startup whose proprietary technology turns conventional weightlifting machines into state-of-the-art “smart” machines.
On any gym equipment, their technology can measure calories expended, muscular tiredness, rep tempo, force exertion, and more. In 2017, three friends founded a company to improve lives.
Metric Mate shark tank update
The shark liked the three founders’ pitch. Shark reviewed the sales report and the price of this product, among other things.
Since this episode aired on January 13, 2022, a lot of people must have placed orders after seeing it.
Metric Mate Update
|Metric Mate, Inc
|M-T Strckland, Braxton K. Davis and Ecleamus Ricks, Jr.
|Virtual Workout Personal trainer
|$100K for 5% equity
|Episode – Shark Tank USA
|Jan 13, 2023
|Atlanta, Georgia, United States
|Lifetime Worth (Sales)
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Shark Tank Metric Mate Net Worth
At the time of the shark tank presentation, Metric Mate is expected to have a valuation of $2 million and featured as an I.T. tech company on the American version of “Shark Tank” in January 2023.
Since their appearance on the show, the company’s development and prosperity have increased dramatically.
As of the year 2023, the total wealth of Metric Mate co-founders M-T Strckland, Braxton K. Davis, and Ecleamus Ricks, Jr. are $2,000,000.
Does Metric Mate Still In Business?
As of March 2023, Metric Mate is still working.
The SportsTech company from Atlanta switched to a business-to-consumer (B2C) model after appearing on Shark Tank in April 2022, and since then, it has attracted interest from major sports teams, multinational entertainment corporations, government agencies, and educational institutions.
By using the T.A.P. technology that Metric Mate has patented, users of any piece of strength training equipment may transform it into SMART equipment and keep track of their fitness progress in real-time.
Users may log their exercise data, do an in-depth analysis, and get feedback from a digital trainer or assistant using the company’s application.
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