A lot of us love an adventure, but organizing one may be difficult, particularly if it includes imaginative activities like a scavenger hunt. It’s difficult to find an adult scavenger hunt that seems novel and thrilling, and while traditional scavenger hunts are entertaining, they are frequently narrow in scope.
Adventure Hunt fills that need. Brothers Jared and Sean Bingham founded this business and offered entertaining group scavenger hunts with thrilling rewards and even “buried treasure” waiting for participants at the conclusion. With an app that leads users through exhilarating activities, Adventure Hunt offers a pre-planned experience that is simple to dive into, adding a distinctive twist.
The goal of Jared and Sean’s Shark Tank Season 10 pitch was to get the Sharks to help them grow their business. To make scavenger hunts a popular group activity, they requested cash to improve their product and increase marketing. They were looking for a $150,000 investment with 10% equity. Did the entrepreneur get a deal on Shark Tank? Check out our Adventure Hunt update to find out!
Adventure Hunt Net Worth Shark Tank Update 2025
Jared and Sean Bingham asked for a $150,000 investment in exchange for 10% equity in their company. This meant they valued their company at $1.5 million. They made a deal with Robert Herjavec for $150,000 in exchange for 20% of their company. This new deal valued their company at $750,000. After the show aired, Adventure Hunt saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Adventure Hunt is about $1.11 million.
As for the Adventure Hunt update, Adventure Hunt grew even more after appearing on Shark Tank. Robert Herjavec, who recognized the potential in the Bingham brothers’ idea for team-building activities and corporate events, agreed to a partnership. Under his direction, Adventure Hunt expanded, forming alliances with other companies and even the US Air Force Academy.
The business is doing well now, generating an estimated $1 million in revenue annually. They provide services for individuals, organizations, and corporations, and their app has gained popularity for planning personalized scavenger hunts in different locales. Adventure Hunt is still operating as of today, giving participants unique experiences that combine competition and adventure.
Yes, Adventure Hunt was successful in landing a Shark Tank transaction. Following a heated debate, Robert Herjavec consented to contribute $150,000 in return for 20% of the business. The Bingham brothers first requested $150,000 for 10% equity, but in order to recruit Robert, they agreed to the larger equity requirement.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | 1# $150,000 for 25% equity 2# $150,000 for 20% equity | $150,000 for 15% equity | Yes |
| Lori Greiner | Out | N/A | N/A |
| Bethenny Frankel | 1# $150,000 for 25% equity 2# $150,000 for 20% equity | N/A | No |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Adventure Hunt Shark Tank pitch
Utah brothers Jared and Sean Bingham have always had a strong interest in creative pursuits and outdoor experiences. They observed how scavenger hunts may provide individuals with an exciting and novel opportunity to challenge themselves and discover new locations. They had an idea for a modernized, digitally infused scavenger hunt after realizing that the classic kind frequently felt dated.
They made it simpler for people to take part in these events, do tasks, and get worthwhile rewards by creating the Adventure Hunt app. They had to plan multiple hunts, improve the app, and determine the best price strategy to draw users, so the voyage wasn’t without its difficulties.
The Bingham brothers portrayed Adventure Hunt on Shark Tank as an adventure-focused business that hosts scavenger hunts with actual prizes using a digital platform. They clarified that each hunt comprises a set of assignments for participants to finish, such as recording particular actions with pictures or videos and posting them to social media for validation. Each event has a registration price that varies according to the tier that participants select, from $30 to $100.
The Sharks discovered that Adventure Hunt had sold more than $769,000 in just 18 months, demonstrating a high demand for their offerings. Keep reading our Adventure Hunt update to see what happens next!
Robert Herjavec asked about the sales. The founders replied that it did $769,000 in sales in just 18 months.
Bethenny Frankel questioned how people will know about this product. The founders explained they do a lot of social media advertising, mostly on Instagram and Facebook. People see their ad and can register on the website.
Sharks asked how much they charge. The founders explained they have three registration levels. The lowest level is for $32 and the highest is for $99.
Lori Griener asked why they needed a shark. The founders responded that they needed a marketing expert who would help them improve
Bethenny Frankel asked about the proposal and offered $150,000 in exchange for a 25% stake. In order to foster teamwork, she recommended incorporating themed activities and reaching out to corporations.
Robert Herjavec emphasized his corporate skills in matching Bethenny’s offer.
Both Daymond John and Lori Greiner left because they believed other Sharks would be a better fit, while Mark Cuban left because of a conflict of interest with his other interests.
Jared and Sean, who thought he was the most qualified candidate to assist them in expanding their company into the corporate sector, eventually accepted Robert’s offer of $150,000.
Product Availability
From our Adventure Hunt update research, Adventure Hunt’s app, which can be downloaded from their website, Adventure Hunt, provides a special service. They offer scavenger hunts in several cities, enabling users to either organize their own or take part in nearby activities. Each pricing category includes a welcome kit, and registration costs vary. The Adventure Hunt website also provides details on how to reserve personalized excursions and corporate events.
These hunts involve enjoyable tasks that participants accomplish, adding to the memorable and captivating nature of each event.
Conclusion
The Shark Tank experience of Adventure Hunt showed how a novel concept can pique attention even if it isn’t for everyone. The Bingham brothers’ love of adventure and their idea inspired Robert Herjavec to transform scavenger hunts into a planned event with thrilling rewards. He made an investment in the business to support its expansion.
Adventure Hunt has grown to cater to corporate clients since their Shark Tank appearance and still offers imaginative and captivating adventures for both individuals and groups. Adventure Hunt will continue to develop with Robert’s help, offering more people in more places the chance to have exciting experiences. Keep checking back for more information as this business continues to grow.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
