Many GoPro camera owners frequently find it difficult to locate high-quality additional features that improve their shooting experience. Due to the GoPros’ popularity and accessibility, there is a huge demand for additional items like charging cases, selfie sticks, and filters. Finding dependable, high-quality items that are specially made to satisfy the actual demand of action camera users is the difficult part. Here’s when PolarPro becomes useful.
PolarPro’s founder, Jeff Overall, saw this issue in the market and made the decision to develop Polar Pro. PolarPro is a line of accessories that not only satisfies the demands but also has higher quality and creativity. PolarPro provides a range of items designed to improve selfie sticks that run on batteries, multi-device charging cases, and special filters.
Jeff Overall presented his product in Shark Tank and requested a $500,000 investment for 10% equity. He wanted this investment to further grow his business. Let’s find out if he got the investment or not.
Polar Pro Net Worth Shark Tank Update 2025
Jeff Overall asked for a $500k investment in exchange for 10% equity in his company. This meant he valued his company at $5 million. He made a deal with Mark Cuban and Robert Herjavec for $1 million in exchange for 20% of his company. This new deal valued his company at $5 million. After the show aired, PolarPro 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 PolarPro is about $6.6 million.
PolarPro was successful after Shark Tank. The show’s publicity greatly increased the company’s reputation and awareness. Jeff focused on growing his product line and boosting sales by taking advantage of this publicity. By 2024, PolarPro has established itself as a well-known brand in the market for action camera accessories.
Additionally, it provides a wide range of goods that attract both enthusiast adventurers and professional filmmakers. The business currently earns almost $4 million a year. PolarPro’s products, such as their long-lasting installation accessories and creative filters. The products are sold on their main website as well as through large online retailers like Amazon. The business is still committed to growth, regularly launching new goods.
Yes, Polar Pro got the deal in Shark Tank with Mark Cuban and Robert Herjavec with $1 million for 20% equity.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Harjavec and Mark Cuban | 1# $500,000 for 10% equity 2# $1million for 20% equity (with Mark) | N/A | Yes |
| Lori Greiner | $500,000 for 10% | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Daymond John | 1# $500,000 for 15% equity 2# $1 million for 17.5% equity | N/A | N/A |
| Mark Cuban | $500,000 for 10% | N/A | N/A |
Polar Pro Shark Tank Update Pitch
The founder of PolarPro, Jeff Overall, was an entrepreneur at heart. He started his first company when he was 15, named “We Got Crabs.” He was dedicated to designing outstanding camera and drone accessories. Jeff was dissatisfied with the camera accessories when he was a student.
He always enjoyed taking pictures of his travels and wanted to improve his filming experience, but was dissatisfied with the camera accessories that were available. He developed his own range of filters and accessories with the money from his student loan. Jeff had to overcome some challenge,s which included the high cost of product design and manufacture. In the beginning, the business produced limited earnings.
Jeff described PolarPro as a business that fulfills the need for good-quality cameras and drone accessories in the market. He told the sharks that his product line includes three products. One is Power Pull, a selfie stick that runs on batteries. The second one is the Power Vault, a camera case with a battery that allows you to charge multiple batteries and USB devices.
The third one is filters for drones, which allow people to make cinematic videos and improve the recording experience for Camera customers. Jeff wanted to grow his product line and boost production. Therefore, he was asking for $500,000 for 10% stock. He also added that the company is located at 1,200 retail locations.
Kevin asked Jeff what was stopping big companies from copying his products. In response, Jeff clarified that his items are more than simply basic accessories. They are made with special features and premium components that set them apart from less expensive options.
Robert asked who did the manufacturing and designing. He replied that they do everything, manufacturing, assembling, and marketing. Mark also asked about the cost and sales in 2011. Jeff replied that they sell three packs for $69.99 and six packs for $149. They made $8000 in sales in 2011 and $2.8 million last year.
Mark Cuban asked about the sales figures and profit. Jeff informed Mark and the other sharks that PolarPro was expected to generate sales of over $5 million by 300%. He also mentioned that camera filters for drones are the most selling product.
Daymond John asked about his plans for growing the company. In response, Jeff discussed growing the product portfolio, increasing distribution, and direct-to-consumer sales through additional stores.
Mark Cuban became attracted to the product’s profits and thought the company had potential. First, he offered $500,000 for 10%. He later decided to partner with Robert Herjavec in a $1 million for 20% equity deal.
Robert Herjavec can see the growth potential of products in the market. He showed a genuine desire to help Jeff in growing the company. He offered $500,000 for 10% equity teaming up with Mark or Lori.
Lori Greiner can see the increasing demand for Polar Pro accessories. She made an offer of $500,000 for 10% equity, but Jeff rejected it.
Daymond John also showed interest in the product and offered $500,000 for 15% equity. Additionally, he will also manage product delivery and licensing.
Then, he gave a second offer of $1 million for 17.5%. Kevin decided not to invest because he thought that there was a lot of competition in the market and the market was very tough.
Product Availability
Polar Pro products can be purchased from major online shops such as Amazon and Polar Pro’s own website. The business regularly adds new products to its store to give customers access to the newest and most advanced accessories. Their product line consists of multi-device charging cases, creative ways to attach devices, battery-operated selfie sticks, and premium filters.
Conclusion
PolarPro’s journey on Shark Tank showed the company’s potential and promise. The show’s publicity greatly helped PolarPro’s growth. It allowed Jeff Overall to grow his business and continue with his innovative work in the action camera accessory industry.
Today, PolarPro is a well-known company with a loyal following and many choices of goods. The company’s success story shows the value of resilience and creativity in the face of difficulties. It will be interesting to watch what new innovations and products Jeff and his team bring to market as PolarPro grows.
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.
