Every gym enthusiast struggles with tacky shakers. They leak, they stink, and they easily break after just a couple of months. IceShaker offers the perfect solution. The founder, Chris Gronkowski, has a personal history of facing the same problem, which led him to create IceShaker.
Chris Gronkowski and his brothers Rob, Dan, Glenn, and Gordie want to huddle up with a Shark for an investment in IceShaker, Chris’ double-wall vacuum-insulated bottle. Gronkowski, like his famous brother, played college football. Since his NFL career was cut short due to injury, he wanted to follow in his father’s footsteps as an entrepreneur.
Chris still works out and drinks a lot of protein shakes. The only reason he needs a deal with a Shark is for more widespread branding. Will Chris shake up the Tank and score a deal?
About IceShaker
| Category | Details |
| Founder (Plural if multiple) | Chris Gronkowski |
| Product Type | Vacuum-insulated stainless steel bottle |
| Funding (Pre-Shark Tank) | Self-Funded |
| Investment Asked | $100,000 |
| Equity Offered | 10% |
What Happened on the Shark Tank Episode?
Chris and his brothers come into the Shark Tank Season 9 seeking $100,000 in exchange for 10% of the business. Chris told the Sharks he had to work out and get big muscles because he’s the shortest Gronkowski brother. He didn’t like the shaker bottles that were currently on the market, which inspired him to invent the IceShaker.
The stainless steel, vacuum-sealed design ensures drinks will stay cold for up to 36 hours. The bottles won’t sweat or hold onto odors the way plastic shakers do, either.
When Chris’s brothers join him on the stage with their high energy, the room fills up with excitement and laughter. The Sharks loved the “Gronks” and their enthusiasm. They’ve all played professional sports, too.
The Gronks challenged the Sharks to a chugging contest: Sharks vs. Gronks. The first team to drink the water in their cups and flip them over wins. Of course, the Gronks won, but they handed out consolation prizes: product samples.
After the hoopla, Mr. Wonderful attacked the valuation. After touting the unique benefits of the product, Chris explained they’d done $80,000 in sales, with $35,000 coming in the most recent month. The margins are good: $5.00 cost and a $25.00 price tag. They’re selling them on Amazon, some retail, and off their own website. Kevin likes the Gronks – he’s a fan, so he offers $100,000 for 20%.
If you wish to read more posts about IceShaker on the Shark Tank Blog, check out Ice Shaker by Chris Gronkowski and gain more information about the business.
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What Makes IceShaker Unique?
The IceShaker keeps drinks cold for hours and won’t spill when vigorously shaken. It’s also great for water. You can even store other things like coffee or any drink of your choice. It’s made from odor-free steel.
- It can maintain the temperature of a drink for about 36 hours, even in a 75-degree room.
- The BPA-free top stays securely in place at all times. Inside, there are fill lines for mixing shakes or other drinks.
- The bottles are made of double-walled stainless steel.
- Each IceShaker weighs 26 ounces and costs $39.99. They’re available on Amazon and the company website.
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Did IceShaker Get a Deal on Shark Tank?
Alex Rodriguez, recognizing the potential for his gym network to complement IceShaker, expressed interest in investing. He then proposed a joint investment with Mark Cuban. Subsequently, Cuban countered with an increased offer: $150,000 for a 20% stake.
Lori had some suggestions, but Mark said he wanted an answer right away. The room grew tense as the entrepreneur gathered his thoughts on Mark’s offer, which required an immediate response. Mark emphasized, “We don’t like to wait around.”
Barbara offers $100,000 for 10%, and Lori offers $100,000 for 15%. All the Sharks are in! A rare moment when a business makes all the Sharks want to sink their teeth in. Chris asks if Lori will join Mark and A-Rod, but Mark refuses.
A-Rod says he made a deal with Mark, and he’s not backing out. Finally, Chris counters with $150,000 for 15%, and Mark and A-Rod agree!
What Happened to IceShaker After Shark Tank?
The Shark Tank Blog keeps track of the businesses that appear on Shark Tank. We provide updates and follow-ups about entrepreneurs and the company, as well as anything that happened after the show. Since airing and closing the deal with Mark and A-Rod, Chris added seven new colors, a 16-ounce shaker, and reusable stainless steel straws. Their website claims they’ve sold “millions of dollars’ worth of products.”
IceShaker gets an update segment in episode 1007, an episode where A-Rod is once again a guest Shark. We’ll learn more once this airs. In the update, it’s revealed that the product did $3 million in sales in the year following the original air date. They built out an Amazon Store, too. After the update segment, Rob bought out A-Rod’s shares in the business. As of June 2021, the company has settled into a nice annual revenue stream of $1 million. AND ROB GRONKOWSKI WON THE SUPER BOWL WITH TOM BRADY AGAIN!
Where Can You Buy It?
If you decide that you are done with the plastic bottles that you have been using for a shaker and want a better replacement, then check out IceShaker’s official website. You can also get the product from Amazon.
Follow IceShaker on social media for regular updates and developments.
Quick Summary
- Chris Gronkowski, the founder of IceShaker, approached the Sharks with a proposition designed to accelerate his company’s development, requesting an investment of $100,000. According to his presentation, a $100,000 contribution would secure a 10% portion of IceShaker, thus assigning a $1 million valuation to the business.
- IceShaker is a stainless steel, odor-free, vacuum-insulated bottle designed to keep drinks cold for up to 36 hours.
- The business started a war between the Sharks. Chris secured a deal with Mark Cuban and Alex Rodriguez for $150,000 in exchange for 15% equity.
