Jason Woods founded the watercraft company Kymera Body Boards. He wanted to design an entertaining and portable solution for individuals to enjoy aquatic activities. The product is a bodyboard that runs on batteries and glides across the water. On Shark Tank, Jason and Adam Majewski sought assistance for their firm. They demanded 5% of the business in return for $250,000.
Jason showed the sharks a video of the bodyboard in action. He wanted to wow them with its potential and distinctive design. The product’s large profit margins and manufacturing expenses piqued the interest of the sharks. Will the entrepreneur get a deal on Shark Tank? Check out the Kymera Body Boards update to find out!
Kymera Body Boards Net Worth Shark Tank Update 2025
Jason Woods and Adam Majewski asked for a $250,000 investment in exchange for 5% equity in their company. This meant they valued their company at $5 million. They made a deal with Robert Herjavec for $500,000 in exchange for 10% equity, maintaining the same valuation of $5 million. After the show aired, Kymera Body Boards 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 Kymera Body Boards is about $8.05 million.
In our Kymera Body Boards update research, Kymera Body Boards kept expanding after the Shark Tank show. But the agreement with Robert Herjavec never came about. Jason and Adam put a lot of effort into growing the company even without the shark’s financing. The business was thriving by 2024. Their yearly sales now exceed $5 million. The main website of the company sells Kymera Body Boards.
The product has grown in popularity among those who enjoy water sports. To satisfy demand, they have also enhanced their manufacturing procedure. The success of the business demonstrates that they were able to expand without the assistance of a shark.
Yes, Jason and Adam struck a deal. In return for 5% of their business, they demanded $250,000. For ten percent of the business, Robert Herjavec promised them $500,000. During the show, Jason and Adam accepted Robert’s offer. After the show though the agreement with Robert was never finalised. On Shark Tank, this can occasionally occur when transactions fall through after filming. Nevertheless, the Kymera Body Boards succeeded and kept expanding.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | $500,000 for 10% equity | N/A | yes |
| Kevin O’Leary | $250,000 for 5% equity and a $500 royalty per unit sold until he recouped 3 times his money back | N/A | N/A |
| Daymond John | $250,000 for 10% equity | N/A | N/A |
| Mark Cuban | out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
Kymera Body Boards Shark Tank pitch
In an effort to increase accessibility to water activities, Jason Woods came up with the concept for Kymera Body Boards. He loved being on the water but he found traditional watercraft to be heavy and costly. Creating a product that was enjoyable, portable, and light was Jason’s goal. Jason worked tirelessly for years to make his vision a reality. It was not easy to develop the Kymera Body Board.
He had numerous obstacles, particularly in terms of money. Jason did not receive a deal after making his first appearance on Shark Tank in a previous season. This was disheartening but he persisted. In Season 10 he returned to Shark Tank with a stronger pitch after working on refining the product. Jason brought on Adam Majewski to assist in expanding the business.
They collaborated to make the production process better. In the beginning, they had trouble keeping prices down without sacrificing quality. Additionally, Jason needed to persuade customers that the product was worth the cost.
Jason and Adam successfully demonstrated Kymera Body Boards on Shark Tank. First, they played a video of the product in use. The smooth water glide of the electric bodyboard was demonstrated in the video. Jason clarified that the board is user-friendly and lightweight. The sharks were informed that each board costs $1,800 to produce and retails for $3,500.
So far that year the company’s revenues had totaled $300,000. By the end of the year, Jason and Adam hoped to generate $2 million in sales. They requested $250,000 in return for a 5% stake in the business. Jason highlighted the product’s distinctiveness. He wanted the sharks to see how Kymera Body Boards stood out from the competition. Though they had concerns about the business plan, the sharks were impressed by the innovation.
The questions the sharks had about Kymera Body Boards were numerous. Kevin O’Leary expressed concern over the high cost of production. The profit margins were lower than he would have preferred. Kevin enquired about the future cost-cutting strategy. Jason stated that they were trying to increase the efficiency of production. Daymond John wanted to know who the product’s target market was.
Jason clarified that Kymera Body Boards were made for outdoor enthusiasts and those who enjoy water sports. According to him, families and individuals seeking a safe and enjoyable way to enjoy the water were big fans of the product. If there were any patents on the product, Mark Cuban wanted to know. According to Jason Kymera Body Boards were patented.
The sharks were more assured of the product’s distinctiveness as a result. Lori Greiner had a question regarding marketing tactics. According to Jason and Adam, they depended on word-of-mouth and internet advertising. They thought that people would notice the product because of its unique design.
The sharks’ reaction to Kymera Body Boards was not entirely uniform. The first to make an offer was Kevin O’Leary. In exchange for 5% equity, he offered $250,000. He did however include a condition. He demanded $500 for each unit sold until he received three times his initial investment back. This arrangement did not sit well with Jason and Adam. Damond John too made an offer.
He proposed 10% equity in exchange for $250,000. The equity that Jason had requested was doubled. This was a good deal Daymond thought. Mark Cuban and Lori Greiner made the decision not to extend offers. Lori claimed that although the product was intriguing it was not a good fit for her. Mark believed that the business’s sales figures were still insufficiently high.
Next came a surprise offer from Robert Herjavec. For 10% equity, he offered $500,000. This was twice as much as Jason and Adam had requested. Robert’s offer was promptly accepted by the business owners. They thought his resources and experience would help their business expand.
What Went With Kymera Body Boards on Shark Tank?
The primary concern for Kymera Body Boards was the product’s price. A few sharks felt the cost was excessive. Concerned about the margins was Kevin O’Leary. He believed that the business needed to increase its profit per unit. According to Mark Cuban, the sales figures were insufficient high. The size of the market was another problem. There were sharks who questioned whether enough people would purchase an electric bodyboard.
It might be a niche product, they believed. After the show, the deal that Jason and Adam had secured with Robert Herjavec did not close. This occasionally occurs when entrepreneurs and sharks cannot agree on terms.
Product Availability
Online shopping is offered for Kymera Body Boards. Orders can be placed by customers on the business’s official website. The boards are intended for fans of water sports. They are convenient to carry and light in weight. They are fun to use and quick thanks to the electric motor. $3,500 is the cost of the board. Although it might seem high this is indicative of the product’s quality.
Additionally, Kymera sells replacement parts and accessories. The business primarily sells online but it may eventually open physical locations. On the website, customers can find comprehensive product information.
Conclusion
Kymera Body Boards had an exciting journey on Shark Tank. Adam and Jason demonstrated their special product to the sharks. Robert Herjavec gave them a deal. The business has expanded despite the deal’s failure. Kymera now generates more than $5 million in revenue annually. Kymera’s story demonstrates how perseverance and hard work can pay off. The product’s supporters can anticipate more updates in the future. Kymera Body Boards are still causing a stir in the water sports industry.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
