MyoStorm: What Happened After Shark Tank

MyoStorm: What Happened After Shark Tank

MyoStorm, a company that produces innovative self-massage tools for athletes and fitness enthusiasts, made a splash on the popular reality show Shark Tank. Co-founders and college friends, Shaquille Walker, Jared Ward, and Jono DiPeri, presented their company’s flagship product, the Meteor, to a panel of wealthy investors, hoping to secure funding to take their business to the next level.

Despite receiving offers from all five sharks, the founders ultimately declined the deals in favor of pursuing other funding options [1]. So what has happened to MyoStorm since their appearance on Shark Tank?

In the year and a half since their appearance on the show, MyoStorm has experienced significant growth and success. Their flagship product, the Meteor, continues to be a hit among athletes and fitness enthusiasts alike, with its unique heating and vibration technology offering a new level of relief and recovery for sore muscles.

In addition to the Meteor, MyoStorm has expanded its product line to include the Meteor Mini and the Meteor X, both of which offer different sizes and intensities of self-massage.

Overall, MyoStorm’s appearance on Shark Tank was just the beginning of their journey toward success. Through innovative products, strategic partnerships, and dedicated funding efforts, they have continued to grow and thrive in the highly competitive fitness industry.

What Is MyoStorm?

MyoStorm is a company that specializes in creating innovative, high-quality recovery products for athletes and fitness enthusiasts [2].

What Is MyoStorm?

One of the reasons why MyoStorm has become so popular in the fitness industry is because of its innovative approach to recovery. While traditional foam rollers and massage balls are effective at reducing muscle tension, they do not provide the same level of relief as MyoStorm products. By using heat and vibration, the MyoStorm products can provide a deeper level of relief that is hard to replicate with other recovery tools.

Moreover, MyoStorm products are designed to be easy to use and can be used by people with a wide range of fitness levels and abilities. Whether you are a professional athlete or just starting out on your fitness journey, MyoStorm products can help you recover faster and more effectively.

Major MyoStorm Products

MyoStorm offers a range of recovery products to help individuals with muscle recovery and performance. The company’s flagship product, the MyoStorm Meteor, is a heated and vibrating massage ball. The Meteor is designed to help reduce muscle tension and soreness through heat therapy and vibration technology. Users can apply the device to the affected muscle group, turn on the vibration and/or heat therapy, and enjoy targeted relief where it’s needed most.

One of the unique features of the Meteor is its built-in heating element. Heat therapy can help to loosen up tight muscles, increase circulation, and provide relief to sore muscles. The vibration technology used in the Meteor can stimulate blood flow and break up knots in the muscles. By combining heat therapy and vibration technology, the Meteor offers a powerful recovery tool for athletes, fitness enthusiasts, and those experiencing chronic pain.

In addition to the Meteor, MyoStorm has expanded its offerings to include other recovery tools such as the Meteor Mini and a foam roller with vibration technology. The Meteor Mini is a smaller version of the Meteor, making it easier to target smaller muscle groups or to take on the go. The foam roller with vibration technology offers a larger surface area for users to work with and can help provide relief to larger muscle groups [3].

Major MyoStorm Products

In addition to the Meteor, MyoStorm also offers a range of other products designed to help people recover from their workouts. These include the MyoStorm IceWave, a cold compression wrap that can be used to reduce inflammation and aid in recovery, and the MyoStorm Wave Roller, a unique foam roller that uses heat and vibration to provide a deep-tissue massage.

MyoStorm’s products are designed to be easy to use, and the portable nature of the devices makes them easy to use on the go. Simply apply the device to the affected muscle group, turn on the vibration and/or heat therapy, and enjoy targeted relief where it’s needed most. While the devices are generally safe to use, some users may experience side effects such as bruising or soreness. It’s important to start with shorter sessions and gradually increase the intensity to avoid overuse.

About The Founders Of MyoStorm

MyoStorm was founded by Shaquille Walker, Jared Ward, and Jono DiPeri, who are all former athletes and graduates of Brigham Young University (BYU). Jared Ward is an Olympic runner who finished 6th in the men’s marathon at the 2016 Rio Olympics. He is also an adjunct professor at BYU where he teaches statistics in the mathematics department. Shaquille Walker is a former professional athlete who set the road 800m world record, and Jono DiPeri is a mechanical engineer and former BYU student-athlete [4].

The trio founded MyoStorm after identifying a need for more effective recovery products for athletes and fitness enthusiasts. They combined their expertise in athletics, engineering, and science to develop innovative products that use heat and vibration to provide deeper muscle relief than traditional recovery tools.

MyoStorm appeared on Shark Tank in 2019 and successfully secured a deal with shark Lori Greiner. Since then, the company has continued to grow and expand its product line, including the release of the MyoStorm Meteor Mini in 2021, a smaller version of its popular vibrating massage ball.

MyoStorm’s innovative approach to recovery has made them a popular brand in the fitness industry, with its products being used by athletes and fitness enthusiasts of all levels. Their commitment to providing high-quality and effective recovery tools has helped them build a loyal following and establish themselves as a leader in the recovery product space.

About The Founders Of MyoStorm

The backgrounds and expertise of the MyoStorm founders have enabled the company to create effective and innovative products for recovery. Their passion for athletics and commitment to helping others recover and perform at their best have driven MyoStorm’s success, making them a prominent player in the fitness industry.

The Pitch Of MyoStorm At Shark Tank

During their pitch, the MyoStorm team showcased their flagship product, the MyoStorm Meteor, and explained how its heat and vibration technology could provide deeper muscle relief than traditional foam rollers and massage balls. The team also demonstrated the product’s versatility by showing how it could be used on various areas of the body, including the back, shoulders, and legs.

The sharks were impressed by the MyoStorm team’s background in athletics and science, and by the effectiveness of their recovery products. Mark Cuban and Kevin O’Leary expressed interest in investing, but it was Lori Greiner who ultimately made an offer, offering $225,000 for a 12.5% stake in the company [5].

Since its appearance on Shark Tank, MyoStorm has continued to grow and expand its product line, with the release of the Meteor Mini and other recovery tools. They have also relied on the exposure and connections gained from appearing on the show to further their success.

The MyoStorm team’s successful pitch on Shark Tank is a testament to their innovative approach to recovery and the effectiveness of their products. By combining their expertise in athletics, science, and engineering, they have been able to create recovery tools that provide deeper muscle relief and help athletes and fitness enthusiasts perform at their best. Their appearance on Shark Tank has helped to bring their products to a wider audience, cementing their place as a leader in the recovery product space.

The Pitch Of MyoStorm At Shark Tank

MyoStorm After The Shark Tank

MyoStorm, the company founded by Shaquille Walker, Jared Ward, and Jono DiPeri, has continued to grow and expand since its successful pitch on Shark Tank. After securing a deal with guest shark Lori Greiner, the company has capitalized on the exposure and connections gained from appearing on the show to further its success.

One of the ways MyoStorm has expanded is by releasing new products, such as the MyoStorm Meteor Mini, a smaller version of their flagship product designed for more targeted muscle relief. They have also expanded their offerings to include other recovery tools such as a foam roller with vibration technology.

In addition to expanding its product line, MyoStorm has continued to partner with athletes and fitness enthusiasts to help spread the word about its products. They have worked with a number of athletes, including Olympic runner Jared Ward, to showcase the effectiveness of their products for recovery and performance.

While the COVID-19 pandemic presented challenges for many businesses, MyoStorm was able to pivot to online sales and adjust its marketing strategy to continue to reach customers. They also partnered with gyms and fitness studios to provide recovery tools for their clients.

Customers who visit the MyoStorm website can now purchase the new and improved Meteor Ball 2.0, as well as accessories and equipment bundles, which have contributed to the company’s ongoing growth. Today, MyoStorm generates annual revenue of $2 million and sells its products on Walmart and Amazon, in addition to its own website.

The Net Worth Of MyoStorm

Following Lori Greiner’s investment in MyoStorm, the company reduced the price of its Meteor product from $149 to $99, fulfilling Greiner’s request. This price adjustment led to a significant increase in sales, as products priced under $100 often have higher sales volumes [6].

MyoStorm continued to expand by introducing a new product, Meteor 2.0, which includes a heart function and USB-C charging. All MyoStorm massage products are now available for purchase on Amazon, Walmart, eBay, and the company’s official website.

The Net Worth Of MyoStorm

In addition to expanding its product line, MyoStorm garnered additional publicity for the startup by securing endorsement deals with professional athletes. As a result of these efforts, the company’s annual revenue has grown to around $1.8 million, and MyoStorm is currently valued at approximately $5 million.

Social Media of MyoStorm

MyoStorm, a company that offers recovery products to help with muscle recovery and performance, has a presence on several social media platforms. Social media is an important tool for companies to connect with their audience, share information, and engage with customers. MyoStorm recognizes the importance of social media and uses it to interact with its customers and share valuable content.

On Instagram, MyoStorm has a verified account with over 11,000 followers. The company regularly shares posts about its products, customer testimonials, and workout tips. MyoStorm also uses Instagram’s features, such as stories and reels, to engage with its audience in a more direct and interactive way.

MyoStorm also has a presence on Facebook, where it has a page with over 5,000 likes. The company uses Facebook to share product updates and promotional offers, as well as to engage with customers who have questions or concerns. MyoStorm also responds to customer reviews and comments, demonstrating its commitment to customer satisfaction.

In addition to Instagram and Facebook, MyoStorm also has a presence on Twitter and LinkedIn. On Twitter, the company shares posts related to fitness and recovery, as well as promotional offers. MyoStorm’s LinkedIn page highlights the company culture, job openings, and news updates related to the company.

Alternatives To MyoStorm

  • HyperIce is another popular brand in the recovery product space, offering products such as the Hypervolt massage gun and the Vyper vibrating foam roller. They also offer a range of compression wraps and other recovery products;
  • Theragun is a popular percussive therapy device that uses high-frequency vibration to provide muscle relief. It offers a range of models with varying levels of intensity and battery life;
  • PowerDot offers electrical muscle stimulation (EMS) devices that can be used to help with muscle recovery and performance. The device connects via Bluetooth to a mobile app, which allows users to customize the intensity and length of their sessions;

Alternatives To MyoStorm

  • MobilityWOD offers a range of mobility tools, including foam rollers, massage balls, and mobility bands. They also offer online courses and resources on mobility and movement;
  • RAD offers a range of recovery products, including massage balls, foam rollers, and vibrating foam rollers. They also offer products specifically designed for the feet and other areas of the body;
  • TimTam is a brand that offers a range of percussion massage devices that are designed to help relieve muscle pain, soreness, and stiffness. Their products are equipped with powerful motors that can provide deep tissue massage and come in a range of sizes and shapes to target specific muscle groups;
  • TheraBody offers a range of massage devices that utilize percussive therapy to help relieve muscle tension, soreness, and fatigue. The company offers several models that cater to both personal and professional use, and their products are used by athletes and fitness enthusiasts worldwide;

FAQ:

  1. Did MyoStorm get a deal on Shark Tank?

Yes, MyoStorm secured a deal with guest shark Lori Greiner on their episode of Shark Tank, which aired in October 2019 [7].

  1. How has appearing on Shark Tank benefited MyoStorm?

Appearing on Shark Tank gave MyoStorm exposure to a wider audience and helped them secure a deal with Lori Greiner, who has provided guidance and connections to help the company grow. It also allowed them to showcase the effectiveness of their products to a national audience.

  1. What other athletes have worked with MyoStorm?

MyoStorm has worked with a number of athletes, including Olympic runner Jared Ward. They have also partnered with gyms and fitness studios to provide recovery tools for their clients.

  1. When was MyoStorm on Shark Tank?

MyoStorm appeared on Shark Tank in Season 11, Episode 5, which aired on November 17, 2019 [8].

  1. How many deals fall through in Shark Tank?

According to reports, approximately 50% of deals made on Shark Tank fall through after the show. This is often due to issues that arise during due diligence, such as disagreements over valuation or concerns about the product or business model.

  1. How is MyoStorm doing after Shark Tank?

MyoStorm has continued to grow and expand after appearing on Shark Tank. The company has increased its product line, introduced new innovative models, and is now available at major retailers such as Walmart and Amazon. MyoStorm’s annual revenue has grown to around $2 million, and the company is valued at approximately $5 million.

  1. What are the major features of MyoStorm’s products?

MyoStorm’s products, such as the MyoStorm Meteor and Meteor Mini, offer a range of features to help with muscle recovery and performance. Some of the major features include:

  • Vibration technology: MyoStorm’s products use vibration technology to help reduce muscle tension and soreness. The vibration helps to stimulate blood flow and break up knots in the muscles
  • Heat therapy: The MyoStorm Meteor features a built-in heating element that helps to provide relief to sore muscles. Heat therapy can help to loosen up tight muscles and increase circulation;
  • Targeted relief: MyoStorm’s products are designed to be used on specific muscle groups, allowing for targeted relief where it is needed most;
  • Portable: Many of MyoStorm’s products, such as the Meteor Mini, are portable and can easily be taken on the go;
  1. What types of users can benefit from MyoStorm’s products?

MyoStorm’s products can be beneficial for a wide range of users, including athletes, fitness enthusiasts, people experiencing chronic pain, and those who spend a lot of time sitting or standing. The products can help with muscle recovery, performance, and overall well-being.

  1. Are MyoStorm’s products easy to use?

Yes, MyoStorm’s products are designed to be easy to use. Simply apply the device to the affected muscle group and turn on the vibration and/or heat therapy. The portable nature of the products also makes them easy to use on the go.

  1. Are there any potential side effects of using MyoStorm’s products?

While MyoStorm’s products are generally safe to use, some users may experience side effects such as bruising or soreness. It’s important to start with shorter sessions and gradually increase the intensity to avoid overuse.

  1. Are there any contraindications for using MyoStorm’s products?

It’s always important to consult with a healthcare professional before starting any new recovery routine. MyoStorm’s products may not be appropriate for those with certain medical conditions, such as acute injuries or deep vein thrombosis.

  1. What is the most famous thing from Shark Tank?

One of the most famous products to come out of Shark Tank is the Scrub Daddy, a sponge that changes texture based on water temperature. The Scrub Daddy has since become a household name and has generated over $209 million in sales.

  1. Where is MyoStorm located?

MyoStorm is headquartered in Boulder, Colorado, in the United States.

  1. Do all Shark Tank deals actually happen?

No, not all Shark Tank deals actually happen. Some deals fall through due to issues that arise during due diligence, while others may be renegotiated or abandoned for other reasons.

  1. How real is Shark Tank?

Shark Tank is a reality television show that is based on real investment deals between entrepreneurs and investors. While the negotiations and pitches are real, some aspects of the show are staged or edited for entertainment purposes.

  1. Has anyone from Shark Tank made it big?

Several entrepreneurs who appeared on Shark Tank have gone on to achieve great success, including the founders of Bombas, Ring, and Scrub Daddy.

  1. Do Shark Tank investors get their money back?

Shark Tank investors receive a percentage of ownership in the company in exchange for their investment. They may receive dividends or other forms of compensation, but whether or not they recoup their investment depends on the success of the company.

  1. Has anyone gone on Shark Tank twice?

Yes, some entrepreneurs have appeared on Shark Tank more than once, either to pitch a different product or to renegotiate a previous deal.

  1. Who is the least successful on Shark Tank?

It is difficult to determine who the least successful entrepreneur on Shark Tank is, as success can be measured in different ways. However, some entrepreneurs who failed to secure investments on the show have gone on to achieve success through other means.

  1. Which Shark Tank business failed?

Several businesses that appeared on Shark Tank have failed, including Ionic Ear, which offered a surgically implanted Bluetooth device, and UroClub, a golf club that doubles as a urinal.

  1. What companies failed on Shark Tank?

There have been several companies that failed to secure investments on Shark Tank, including Ionic Ear, UroClub, and CitiKitty, which offered a toilet training kit for cats.

Useful Video: MyoStorm Makes the Sharks Mad – Shark Tank

References:

  1. https://www.looper.com/1206453/whatever-happened-to-myostorm-after-shark-tank
  2. https://gazettereview.com/myostorm-after-shark-tank-update/
  3. https://seoaves.com/myostorm-shark-tank-update/
  4. https://biznewske.com/myostorm-shark-tank-net-worth/
  5. https://sharktankrecap.com/myostorm-update-shark-tank-season-11/
  6. https://techiegamers.com/myostorm-net-worth/
  7. https://insidergrowth.com/myostorm-net-worth/
  8. https://www.sharktankblog.com/business/myo-storm/