Gladiator Lacrosse Shark Tank Update – Gladiator Lacrosse Net Worth

Rachel Zietz, a 15-year-old entrepreneur with a sportsmanship spirit is here at Shark Tank Season 7 Episode 28. Her company Gladiator Lacrosse, manufactures high-quality equipment and provides state-of-the-art practice material to lacrosse players.

She demanded for $100,000 with 15% equity. Let’s find out if Sharks could get a catch and invest their money in Gladiator Lacrosse.

Gladiator Lacrosse Net Worth

Gladiator Lacrosse had a net worth of $5 million and made annual sales of $8.1 million, according to the last update in 2023. The company is currently in business and has good sales through the marketplaces. The product line expanded and many employees are hired now. Moreover, the company has received many sponsorships.

What Happened to Gladiator Lacrosse After Shark Tank?

Despite no success at Shark Tank, Gladiator Lacrosse skyrocketed the success after Shark Tank, The company made tremendous revenue and became popular through the sports community. After the show, the company hired two more employees and the sales went up to $2 million in sales in 2016.

Many community tycoons reached out to her. Dick’s Sporting Goods went on to purchase their goods. Next year, she earned over $2.5 million in sales. Later various sponsorships, a spokesperson, and professional lacrosse play Casey Powell reached out to her.

Moreover, the founder and CEO. Rachel Zeitz had herself renowned in the young business society. She was honored with the Princeton Entrepreneurship Council article in 2019. A huge success was in 2020 when she was listed in Forbes 30 Under 30.

Did Gladiator Lacrosse get the deal?

Sadly, no. Despite such an impressive presentation, cheerful demo, and good sales record, Sharks didn’t happen to be convinced. There was no deal done and Rachel had to leave the room without investment. Check out the reasons why Gladiator Lacrosse couldn’t seal any deal.

Shark(s) nameOfferDemandCounterofferAccepted?
Lori GreinerOutN/AN/ANo
Daymond JohnOutN/AN/ANo
Kevin O’LearyOutN/AN/ANo
Robert HerjavcOutN/AN/ANo
Mark CubanOutN/AN/ANo

Gladiator Lacrosse Shark Tank Update

what happened to gladiator lacrosse after shark tank

Founders & its Backstory

Rachel is a lacrosse player. She is passionate about her sport and also very serious about her equipment. Further, she stated that she didn’t want her parents to keep repairing the house after her ounces.

However, she had purchased a lot of training material in the past. But they just wasted thousands of dollars to purchase equipment that didn’t last longer against her furious hits. So she decided to design her equipment.

As a lacrosse player, she truly understands their needs and requirements. She decided to design and manufacture the equipment for home training. In the beginning, she designed and manufactured a goal and bouncer for training at home, She began her business 12 years ago and was 15 when appeared on Shark Tank.

Their Pitch and Offers

Rachel Zeitz began her pitch with an introduction of herself and her company. Then she demanded an offer of $100,000 with 15% equity. She began with her passion for her favorite sport, lacrosse. She began to explain her passion for her sport and shared her inspiration for her company, Gladiator Lacrosse. She began with her inspiration and told her story. She was admired for her smart decision to start a business.

Rachel then performed a quick demonstration after approval from Sharks. While demonstrating she explains the functioning of the equipment and how they are useful. Daymond also tries a shot and then the series of queries begins. Robert began with the query of a better product, not a new product to which Rachel gladly agreed.

Lori inquired about her age when she began the business. She was amazed to learn that she began at 12. Robert inquired about the sales and the duration. She stated that she sold $300,000 in sales since January 2014. Moreover, she named the targeted marketplaces like eBay, Amazon, websites, lacrosse retail sites, and local tournaments.

Daymond went on to inquire about what makes are distinguished from her competitors. She explained that she’s trusted and known for her product in the lacrosse community. Kevin wanted to know about the lacrosse community to which Rachel responded that it is around $100 million which makes her a 1% of it. She answered that she wanted her expand her product line and generate revenue.

Robert inquired about the plans or the demanded money. Rachel answered that she wanted the money to expand her distribution across the marketplaces. She is already in discussion with Walmart to sell her products. She needs a sales team for marketing and increasing her product line.

Kevin appreciated her for her business growth but he backed out. Mark admired her business but he did not know the details of the market so he backed out too. Next was Robert to backed out as he thought she didn’t need the money at this point in her business. But he was impressed by the pitch though.

Daymond also backed out and then did Lori. Both backed out because they didn’t find any reason to add value to her company and weren’t aware of the lacrosse. She was admired and praised by each Shark and left the room with a smile.

Product Availability

Gladiator Lacrosse is owned by a lacrosse player, Rachel Zietz. She faced the problem of rapidly ruined training materials while practicing at home. So she decided to manufacture her own. She begins with local marketplaces and online businesses. There are various pieces of equipment for sale. Amazon, eBay, and her website sold the product starting from $160. 

Conclusion

Rachel Zietz from Boca Raton, Florida is at Shark Tank. She manufactures premium stands training material and equipment for lacrosse players. The demand is $100,000 with 15% equity. She presented a fantastic pitch and excellent demonstration.

Sharks were impressed but not enough to invest. No deal was sealed. But it didn’t stop her from being on the list of Forbes 30 Under 30.

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