What if you could find a solution to the common hassle with outdoor gear? Here comes the ‘Rig Strips,’ a premium sno-strips that save your car from getting scratched anymore. It easily sticks outside the door of your car, and it can support your skateboard and another thing which can possibly scratch your car. It has a patented design that is applied magnetically to your car body, so you can lean your skis or snowboards when you are worry-free. It also works as a ‘sun-strip,’ which actually helps you while fishing.
Zhach and Steven are the founders of the Rig Strips. They came to the shark tank seeking an investment of $300k for 7.5% equity in their company. Luckily, they secured a deal on the Shark Tank with Todd for $300k for 15% in their company. They shook hands and went their ways happily.
Did Rig Strips Get a Deal on Shark Tank?
Yes! Rig Strip secured a deal on the Shark Tank with Todd Graves for an investment of $300k for 15% equity in their company. Zhach and Steven did a great job on the shark tank. However, they got four rejections from Shark Tank. But they didn’t give up on their dreams. They knew they had potential. So, they moved towards Todd Graves. They finally got a counteroffer for 20% equity. But after some rounds of negotiations, they finally secured a deal for $300k for 15% equity in their company. They shook hands with each other and went their ways with joy.
Rig Strips Shark Tank Deal Table
| Sharks name | Offer and Demand | Accepted? |
| Kevin O’Leary | Out | N/A |
| Daymond John | Out | N/A |
| Lori Greiner | Out | N/A |
| Mark Cuabn | Out | N/A |
| Todd Graves | $300k for 15% | Yes |
Rig Strips net worth
Cynthia and John David went on Shark Tank asking for $300k for 7.5% of their company. This meant they valued Rig Strips at about $4 million. They secured a deal on the show with Todd Graves for $300k for 15% equity. After the episode aired, Rig Strips saw a big increase in website traffic, sales, and social media exposure. With pre-show sales of around $3 million, support from Todd Graves, and growing demand for innovative car and outdoor accessories, Rig Strips’ current net worth in 2026 is estimated to be around $5 million to $6 million.
Founders’ Backstory
Zhach and Steven are the founders of the Rig Strips. They founded the company a few years ago. They were professional skier, travelers, and entrepreneurs. They came to the shark tank to grow their business and get more inventory. They came to the shark tank seeking an investment of $300k for 7.5% equity in their company. Luckily, they secured a deal with Todd Graves with a counteroffer of $300k for 15% equity in his company. Without thinking for another moment, they secured a deal on it.
Rig Strips Shark Tank Pitch
The Rig Strip pitch began as the founders entered the tank. They came up with vibrant and positive energy. They first introduced themselves, and then they showed the sharks with their product. They told the sharks that they have sold 60k units until now. They also asked about their Customer Acquisition Cost(CAC), which was $10. They told them their EBITDA(Earnings before interest, Depreciation, and Amortization) was $450k.
Then they asked to seek an investment of $300k for 7.5% equity in their company. In this way, they wanted to have an evaluation of $4 Millions. They secured a deal with Todd Graves for $300k for 15% equity in his business.
Shark Questions & Discussion
Kevin O’Leary:
Kevin O’Leary asked about their following year growth projection for the following year. They replied that they are planning to go for $2.1 Millions this year.
Daymond John:
Daymond John asked about their cost and selling price. They replied that it cost them $8.50, and they sell it for
Lori Greiner:
Lori Greiner asked about the product. They replied that it’s a kind of magnetic tape that sticks on the metallic body of your vehicle.
Mark Cuban:
Daniel Lubetzky asked about their total sales. They replied that they’ve done $3 Millions in overall sales.
Todd Graves:
Todd Graves asked about their competitions. They replied that they don’t have any direct competitors. Although there are some similar products available on Amazon.
Sharks’ Reactions and Negotiations
Kevin O’Leary:
Kevin O’Leary didn’t seem to be impressed by their idea. So, after getting all of his answers, he simply walked out of the deal.
Lori Greiner:
Lori Greiner liked their idea but didn’t show interest in joining them. So she simply walked out of the deal.
Mark Cuban:
Mark Cuban appreciated the idea but didn’t step into the deal and simply said he was out.
Todd Graves:
Todd Graves liked their business idea. He offered them a counteroffer for $300k for 20% equity in the company. He gave them a counteroffer for $300k for 15% equity, and they all agreed on it.
Why Some Sharks Said No
Kevin O’Leary:
Kevin O’Leary didn’t like the idea. That’s why he said no to the offer.
Lori Greiner:
Lori Greiner wasn’t much interested in the business. That’s why she said no to the offer.
Mark Cuban:
Daniel Lubetzky found the marketing potential much less for him to invest in. That’s why he said no.
rig strips update 2026
Rig Strips is still operating in 2026, continuing to sell its magnetic vehicle protection strips through online platforms and direct-to-consumer sales. The brand remains popular among outdoor enthusiasts, skiers, snowboarders, anglers, and travelers who want to protect their vehicles while enjoying outdoor activities. Since appearing on Shark Tank and securing a deal with Todd Graves, Rig Strips gained strong national exposure, increased product awareness, and expanded its customer base. The company has continued to grow as a practical outdoor accessory brand and remains active in the automotive and outdoor gear market.
Product Features & Availability
‘Rig Strips,’ a premium sno-strips that save your car from getting scratched anymore. It easily sticks outside the door of your car, and it can support your skateboard and another thing which can possibly scratch your car.
You can order your Rig Strips from their Official Website. You can also check them from theirOfficial Instagram account as well.
What Happened To Rig Strips After Shark Tank?
The Rig Strips secured the deal on the Shark Tank. They secured a deal with Todd Graves for $300k for 15% equity in their company. By having Todd at their backend, they didn’t need to worry about their sales and inventory as well. They are still in the market and are earning a lot of good margin profits.
Conclusion
So, the Rig Strips secured an investment from the Shark Tank. They did an amazing job on the Shark Tank. Zhach and Steven are the founders of the Rig Strips. They came to the shark tank seeking an investment of $300k for 7.5% equity in their company. Luckily, they secured a deal with Todd Graves with a counteroffer of $300k for 15% equity in his company. Without thinking for another moment, they secured a deal on it. They are still in the market and are earning good profit margins as well.
Hi, I’m Waqar Abdullah. I’m an Academic and a Freelance Writer. Out of all TV shows on entrepreneurship and business ideas, Shark Tank is one of my favorite TV shows. This show gives a delightful awareness of the world of business by providing generic and innovative solutions to the ambitious small and large business owners. I’m curious to know more about the tactical thought process and inspiration that lead these companies, as each pitch gives thoughtful knowledge. I’ve figured out that watching Shark Tank has encouraged my enthusiasm for business and entrepreneurship. It has been a very insightful and inspiring experience. In addition to my work as a Research Scholar and Writer, I love reading, cooking, dining, shopping, and hanging out with my friends and family. Read more About me.
