Skiing can be difficult for many people because of the large equipment and high learning curve. The lengthy, heavy, and challenging-to-operate nature of traditional skis can make skiing scary, particularly for novices.
Kevin Greco presented ODR Skis as a solution after realizing these prevalent problems. His invention, which resembles roller skates but is designed for icy slopes, provides a safer and more useful alternative to roller skating. He described how his invention would allow skiers to slide down the hills without the typical hassles associated with traditional equipment.
To impress the Sharks, Kevin presented his creative skates for snow skiing gear on Shark Tank. Hoping to expand his company, he requested $350,000 for 10% equity in his company. Did the entrepreneur get a deal on Shark Tank? Check out our ODR Skies update to find out!
ODR skies Net Worth Shark Tank Update 2025
Kevin Greco asked for a $350,000 investment in exchange for 10% equity in his company. This meant he valued his company at $3.5 million. He did not make a deal with any of the Sharks. After the show aired, ODR Skis 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 ODR Skis is about $4.64 million.
Kevin Greco continued in growing his company and kept ODR Skis afloat even after ODR Skies failed to secure a contract on Shark Tank. The company experienced some inventory problems because of supply chain difficulties after its Shark Tank debut, but it recovered. ODR Skis is still operating and expanding in 2024. To further improve consumer convenience, Kevin added ski boot accessories to his already extensive product line.
Kevin started an ambassador program to assist spread the word about ODR Skis besides increasing the range of products he offers. With a current estimated net worth of $4 million, the business has steadily grown since its Shark Tank pitch.
On Shark Tank, ODR Skis could not close a deal. Entering the tank, Kevin Greco asked for $350,000 in exchange for 10% of his company’s shares. None of the Sharks invested, though. Despite Kevin’s strong sales figures and his product’s potential appeal to a specialized market, the Sharks declined the offer mostly because of the Sharks’ little knowledge of skiing.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Barbara Corcoran | 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 |
ODR Skies Shark Tank pitch
Although Kevin Greco did not find ODR Skis, his involvement with the business is distinct. When Kevin first began working for ODR Skis, he was successful in selling the product throughout North America. Kevin, however, saw an opportunity to purchase the business fully and seized it because of certain limitations imposed by the original creator. After assuming sole ownership, he carried on expanding the company.
He created ODR Skis because he was driven by his love of skiing and his desire to increase accessibility for everybody. Kevin thought his skates-for-snow invention might address the drawbacks of conventional skiing and provide a simpler and safer option for both novices and enthusiasts. His belief in the product and its potential led him to Shark Tank hoping to get an investment in scaling the business further.
On Shark Tank Season 12, Kevin Greco confidently and enthusiastically introduced ODR Skis. He unveiled his ground-breaking invention, which resembles roller skates but works on snow, making skiing more accessible to those who might find conventional skis too daunting or cumbersome. He clarified that ODR Skis has a lower learning curve for novices, besides being safer.
Kevin provided compelling sales data to support his proposal, pointing out that ODR Skis had brought in $660,000 in 2017 and $997,000 in 2018. He estimated that sales for the 2019–2020 season will total $1.5 million. Even with the impressive results, Kevin wanted $350,000 for 10% ownership to help him expand the business even more.
Lori Greiner asked about the competition and what’s unique about their product. The founder replied I’m starting. They had some competition, but their unique selling point that others don’t have is a fully integrated system. They are the only ones in the industry using a system called liquid steel injection molding.
On Daymond’s confusion, Kevin responded that, initially, he didn’t own the company. He joined as a distributor in 2017 and then ended up owning this global brand.
Kevin O’Leary asked what percentage he owns of the company. The founder replied he owns the entire company worldwide.
Barbara Corcoran asked about the price and the cost of the product. The founder replied it cost $100 to make the product and sell it for $350.
Kevin asked about the sales. The founder replied that the company had $238,000 in sales in 2016. In 2017, when he entered the company, they did $660,000 and $977,000 in 2018 with $120,000 profit.
Although Lori Greiner thought the idea was good, she didn’t feel confident enough to invest in a specialized product with a finite
Market. She decided not to pass.
Mark Cuban left because he didn’t think his lack of skiing experience would enable him to contribute to the company’s growth.
Daymond John also did not pass, citing issues with taking the product outside of a seasonal market.
Kevin O’Leary was also out because he was uncomfortable with the company’s past, particularly because he wasn’t the original founder.
Finally, none of the Sharks took advantage of the chance, and ODR Skis departed without a contract.
What Went Wrong With ODR Skies On Shark Tank?
The Sharks’ inexperience in the skiing industry was the primary cause of ODR Skis’ failure to negotiate a deal. Since skiing is a specialized activity, many Sharks felt uneasy making an investment in a product they didn’t completely understand. Skiing is a seasonal sport, which adds to the business’s perceived risk.
The Sharks were unconvinced despite Kevin’s remarkable sales figures, particularly considering their reservations about the product’s scalability and the fact that he wasn’t the original founder. Even while the product was novel, these elements finally caused the Sharks to withdraw.
Product Availability
To further improve the user experience, Kevin has added ski boot accessories to his line of products. Customers can purchase ODR Skies from the company’s official website, ODR Skies, where a variety of models and accessories are offered.
An ambassador program has also been used to promote the product, giving more people the chance to test and tell others about their experiences with these unusual skis. For those wishing to try something different on the slopes, it’s an affordable option because the pricing is comparable to that of standard ski gear.
Conclusion
Even though ODR Skis could not close a deal on Shark Tank, its business was still doing well. Kevin Greco’s tenacity and enthusiasm for his goods have kept the company expanding. ODR Skis continues to carve out its own position in the skiing industry with its growing client base and expanded product options.
Even with the difficulties that followed the exhibition, such as problems with the supply chain, Kevin has maintained the direction of ODR Skis. Customers have responded favorably to the company’s creative design and sensible approach to skiing, and ODR Skis appears to have a promising future. In the upcoming years, we should expect additional updates and fascinating discoveries as the company expands.
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.
