It can be challenging to find dependable and quick phone repair services. Device repairs can be costly and they often break. This is the issue that NerdiT Now set out to address. This business was founded by Jonathan Hoxter, Markevis Gideon, and Jake Voorhees to provide reliable and prompt phone repairs. They came on Season 11 of Shark Tank to beg for help.
They sought $150,000 for a 20% stake in their business. They described how their customers’ lives were made easier by their mobile repair service. They also provided on-the-go assistance using a dedicated repair vehicle. The sharks expressed curiosity but had doubts about the company. Will the entrepreneur get a deal on Shark Tank? Check out our Nerdit Now update to find out!
Nerdit Now Net Worth Shark Tank Update 2025
Jonathan Hoxter, Markevis Gideon, and Jake Voorhees asked for a $150k investment in exchange for 20% equity in their company. This meant they valued their company at $750,000. They did not make a deal with any of the sharks. After the show aired, NerdiT Now 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 NerdiT Now is about $1.08 million.
NerdiT Now is still operating today, despite not landing a transaction on Shark Tank. Since the show, they have expanded greatly. Their yearly income was approximately $4.8 million in 2023. They also improved upon their repair service. Consumers no longer need to leave their homes to mail in their devices for repair.
More work has been done to assist those in need by NerdiT Now. The NERDiT Foundation was established by them to provide computers to those in need. They have trained a large number of new technicians and donated over 7000 computers. NerdiT Now is still serving clients and improving communities at the same time.
Nerdit did not get a deal on Shark Tank. The founders demanded $150,000 in exchange for a 20% stake in their business. Although the concept of quick and simple phone repairs appealed to the sharks, they had reservations.
The previous year’s revenues for the company were only $74,000. That was considered by the sharks to be too low for such a business. They also believed that expanding the business to a large scale would be challenging. These factors led every shark to decide against making an investment.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Matt Higgins (Guest Shark) | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Nerdit Now Shark Tank pitch
NerdiT Now was founded by Jonathan Hoxter, Markevis Gideon, and Jake Voorhees in response to an issue they identified. People could not always locate a reputable service when they required quick and inexpensive phone repairs. Their intention was to propose a fix. In order to serve more clients they expanded from their little store to a mobile repair vehicle.
Their objective was to provide speedier and more affordable phone repairs than other repair services. Spreading the word about their company was one of their main problems. They understood that in order to expand and reach more people they would need assistance. They chose to go on Shark Tank for this reason.
The NerdiT Now crew had a clear objective when they pitched their company to the sharks. They want $150,000 in exchange for a twenty percent stake in the business. They described the operation of their company model. Consumers can use the mobile repair truck or bring their phones into the store for expedient repairs.
They also discussed their idea to build repair kiosks. People could leave their phones at these kiosks and pick them up in six hours. The creators revealed that their previous year’s sales had already brought in $74,000. They thought that with the correct investment, their business could flourish.
The sharks had some queries, but they were intrigued by the concept. Their curiosity developed regarding the workings of the mobile repair service. They enquired about the cost and the potential clientele. The sales figures of the company piqued the interest of the sharks as well. The previous year’s sales of just $74,000 raised doubts among the sharks about the company’s potential for expansion.
They also enquired about the cost of phone repairs and the company’s capacity to expand to other areas. Though they were intrigued by the concept of the mobile repair truck, the sharks were concerned about the difficulty of growing the company.
The sharks didn’t think NerdiT Now was prepared for a significant financial commitment. The first person to leave was Mark Cuban. He suggested it would be very difficult to scale the company. Lori Greiner agreed, believing that in order to facilitate people’s discovery of them, they ought to be situated in more places.
Daymond John, Kevin O’Leary, and guest shark Matt Higgins also declined to make an investment. Everyone felt that the company was not worth investing in at the time. The founders walked out of the tank without a deal but they did leave with some helpful tips from the sharks on how to grow their company.
What Went Wrong With Nerdit Now On Shark Tank?
The low sales were the main reason for the sharks to pass on NerdiT Now. Just $74,000 had been made by the company the year before the show. The sharks were concerned because they believed the company was not expanding quickly enough. They also believed it would be difficult for the business to expand to other areas.
The competition was another issue. The sharks weren’t sure if NerdiT Now could differentiate itself from the other phone repair businesses available. They thought the company faced too many challenges. Even though they appreciated the concept of the mobile repair truck.
Product Availability
NerdiT Now provides rapid and simple phone repair services together with a unique offering. They repair a wide range of gadgets, such as game consoles, tablets, and phones. Their mobile repair truck is one of their best features. People can drop off their devices for repair while they eat by using this truck. Which travels to various locations such as food truck events.
Additionally, clients can mail in their gadgets to be mended through their mail-in repair service. Customers may start the repair procedure by completing a form available on the company’s website. The goal of NerdiT Now is to make quick, inexpensive, and easy repairs available to everyone. They provide a 6-month warranty on their repairs and their repair costs are less than those of the majority of other options.
Conclusion
NerdiT Now went on Shark Tank to seek funding for business expansion. The sharks were concerned about the company’s poor sales even though they liked the concept of quick and reasonably priced phone repairs. Ultimately the sharks chose not to fund NerdiT Now. But the business has kept expanding on its own.
NerdiT Now is now generating millions of dollars in income and has added mail-in repairs to its list of offerings. In addition, they educate technicians and donate computers to those in need. Despite not landing a deal on Shark Tank NerdiT Now is demonstrating their ability to be successful.
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.
