Jeanie and Chris Rodgers had a serious issue. The rope can become untidy and tangled. This is particularly bothersome during crises. Their goal was to find a solution. They came up with Rapid Rope. It is a simple canister for dispensing rope. The rope is kept tidy and usable in this container. In Season 11, Chris and Jeanie presented their proposal on Shark Tank. They sought assistance in expanding their company.
They requested $200,000 from the sharks in exchange for 20% ownership. The pitch was original and thrilling. It included a funny scenario in which a zombie attack was utilized to highlight the significance of having rapid access to rope. Will the entrepreneur get a deal on Shark Tank? Check out the Rapid Rope update to find out!
Rapid Rope Net Worth Shark Tank Update 2025
Chris and Jeanie Rodgers asked for a $200,000 investment in exchange for 20% equity in their company. This meant they valued their company at $1 million. They made a deal with Barbara for $200,000 in exchange for 30% of their company. This new deal valued their company at approximately $666,667. After the show aired, Rapid Rope 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 Rapid Rope is about $1.07 million.
Rapid Rope remains operational. Today, the business is doing well. Their annual revenue is approximately $1 million. Chris and Jeanie have put a lot of effort into maintaining the growth of their company. They concentrated on getting their product into stores after making an appearance on Shark Tank. To make it simple for customers to purchase Rapid Rope online they also made improvements to their website.
Products from Rapid Rope are still available for purchase on their website in 2024. There are two sizes of canisters available to customers. Refills for their rope canisters are also available for purchase. Rapid Rope is available from Duluth Trading Company and on Amazon. Even a military salesperson was employed by the pair. This indicates that the military is now purchasing their stuff.
They did indeed land the deal. Chris and Jeanie want $200,000 in exchange for 20% of their business. The sharks made numerous offers to them. However, they only took Barbara Corcoran’s offer. Barbara made them an offer of $200,000 for 30% ownership. She wanted to assist the pair since she liked them.
They attempted to respond by offering a quarter of the company. But Barbara refused to back down from her offer. They took it without question. Barbara’s performance on the show was excellent. She wanted to collaborate closely with them and had faith in their goods.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Rohan Oza (guest shark) | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Barbara Corcoran | $200,000 for 30% equity | $200,000 for 25% equity | Yes |
| Mark Cuban | Out | N/A | N/A |
Rapid Rope Shark Tank pitch
Both Chris and Jeanie Rodgers love being outside. They adore being outside. However, they discovered a significant issue with the use of conventional rope. The rope tangles easily and is difficult to store. It might be a major issue during emergencies. Chris is a lineman in the electrical industry. He works with rope a lot. Dealing with twisted rope while working was challenging for him. This encouraged him and Jeanie to create a better way to store rope. They came up with Rapid Rope.
Their plan was to create a canister that could readily dispense and hold rope. There is a cutting mechanism in the canister. This makes using the rope as needed easy. The pair had difficulties when creating their product as well. They had to balance their business with taking care of their five children. One of their children has special medical needs. This made it hard for them to focus full-time on their business. Despite these challenges, they kept going.
Excited, Chris and Jeanie walked onto the Shark Tank stage. They were prepared to display their merchandise. They began by outlining the issue with conventional rope. They claimed that using rope might be challenging and dirty. Rapid Rope was their answer. They described its operation. The rope is neatly stored in the canister and is simply pulled out.
Even a built-in cutter is included. This makes obtaining the required rope length really simple. The pair played a video of a shed being lifted by a rope. This demonstrated the product’s strength. They also revealed their sales figures. They had sold $172,000 prior to appearing on the show. They clarified that their family responsibilities prevented them from working full-time.
Regarding Rapid Rope the sharks had a lot of questions. They were curious about the rope’s strength. Chris demonstrated its power with videos. How the product was selling piqued the interest of the sharks. They questioned whether stores carried it.
Jeanie and Chris expressed their desire to enter more stores. They thought this would increase their sales. The sharks enquired about their business plan as well. Chris and Jeanie described the canister’s user-friendly design. They talked about how they hoped to sell the product to outdoor lovers.
The sharks’ responses to Rapid Rope were not entirely consistent. The first person to leave was Lori Greiner. She failed to see how she could popularise rope. Lori and Kevin O’Leary were in agreement. He believed that the product would not succeed. Mark Cuban also chose not to make an investment. He had the same thoughts regarding the item. The final two sharks interested were Barbara Corcoran and Rohan Oza.
Rohan proposed to give the couple $10,000 for their charitable endeavors. But he had no idea how to market rope. He also made the decision to leave school. The pair and their merchandise were liked by Barbara. She offered $200,000 in exchange for 30% ownership. Chris and Jeanie attempted to counter with 25% equity. But Barbara’s offer was steadfast. They decided to accept her deal. They felt it was a great opportunity to work with her.
What Went Wrong With Rapid Rope On Shark Tank?
Rapid Rope did not have every shark on board. Lori Greiner didn’t believe she could contribute to the product’s popularity. She wasn’t sure how to sell it because she thought it was a niche market. Kevin O’Leary was in agreement. He believed that a crowded market would make the goods difficult to sell. As an outdoor enthusiast, Mark Cuban just did not think the product was worth it.
He had no desire to get involved in the rope business. Even while Rohan Oza liked the pair he was still hesitant to invest. There was no business transaction attached to his pledge to give to their charity. The couple’s task was to persuade the surviving sharks of the worth of their goods. Barbara allowed them to accomplish this.
Product Availability
One of a kind is Rapid Rope. It is a simple canister for dispensing rope. Tough nylon paracord rope is stored in the canister. It enables users to cut the rope with ease and pull it rapidly. This keeps things neat and gets rid of tangles. There are multiple platforms where Rapid Rope is accessible. It is available for purchase on the Rapid Rope website.
It has refills and is available in two sizes. It is also available at Duluth Trading Company and on Amazon. A canister costs about $20 to $25, which is a fair price. Many clients find it affordable as a result. Both outdoor enthusiasts and emergency circumstances have found the gadget to be helpful.
Conclusion
Rapid Rope’s experience on Shark Tank has been intriguing. Chris and Jeanie enthusiastically presented their concept. Barbara Corcoran gave them a deal despite obstacles. She made a 30% equity offer of $200,000. Rapid Rope kept expanding after the presentation. The business currently generates almost $1 million in revenue annually.
Both online and in-store product availability has increased. With a military sales representative and an expanding customer base Rapid Rope appears to have a bright future. Keep checking back for additional information on their advancements and progress.
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.
