What Happened To Rapid Rope After Shark Tank?

Rapid Rope After Shark Tank Update: Rapid Rope is a strong rope used for multi-purpose which comes with a shatterproof canister. The Rogers family loved outdoor activities and often went camping, hunting, and fishing.

Chris always used to keep a rope with him, but every time the rope used to get tangled and knotted, due to which he had to struggle to correct the ropes. Sometimes there was difficulty in cutting the rope, so he invented Rapid Rope as a solution.

What is Rapid Rope?

Rapid Rope is a strong rope that comes with a shatterproof canister and includes a built-in rope cutter. With this tool, the rope is saved from getting tangled and cutting becomes much easier.

The company claims that this rope can withstand the weight of up to 1100 lb. 120 feet rope costs $24.95 which is available on Amazon and the company website.

Who Is The Founder Of Rapid Rope?

Geanie Rogers and Chris Roger is the founder of Rapid Rope Company. This is a family business. Geanie is a nurse and Chris is a lineman.

Rapid Rope Shark Tank Update

Company Name	Rapid Rope
Founder	Geanie Rogers and Chris Rogers
Founded	2017
Product	Multi-use utility rope dispensing and cutting cannister
Asked For	$200k for 20% equity
Final Deal	$200k for 30% equity
Shark	Barbara Corcoran
Episode (Shark Tank USA)	S11 E12
Air Date	Jan 19, 2020
Business Status	In Business
Rapid Rope Net Worth	$1M *estimated
Headquarters	Eagle, Idaho, US
Rapid Rope Instagram	View Profile
GO TO AMAZON	Buy Now

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Rapid Rope on Shark Tank Pitch

Geanie and Chris had chosen the zombie concept for the presentation of their product after entering Shark Tank. They asked the sharks for $200k for 20% equity. The business launched in 2017 and so far in 2019 has lifetime sales of $172,000 with 60% retail such as Duluth Trading and 40% online.

Retail cost is $24.95, wholesale cost is $14.97, and making cost is $5.65. Rohan Oza did not join the business but he promised to donate $10,000 to the school.

Barbara Corcoran offered $200k for 30% equity. Geanie countered 25% equity, but Barbara refused. Finally, they accepted Barbara’s offer.

Rapid Rope Net Worth

Rapid Rope’s net worth is estimated at $1 million. The rope market size is estimated at USD 13.60 billion in 2023 and there is a lot of scope for growth of this industry in the coming times.

Is Rapid Rope Still In Business?

Yes, Rapid Rope is Still in business as of September 2023.

Rapid rope business has been running for many years and still, the business is actively going on. The product is still listed on the business’s shop site and is also being sold online on Amazon.

The official address of this business is Eagle, Idaho, United States and it employs 5-10 people.

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