Tandem Boogie Net Worth Shark Tank Update 2025

The Clark family loved going to the beach together. They enjoyed catching waves but had a problem. Traditional boogie boards were made for just one person. The family wanted to ride waves together on the same board. So, they came up with a new idea. They made a special boogie board that could fit two people at once. They called it Tandem Boogie.

They took their idea to Shark Tank in Season 12. They wanted to share their invention with the sharks. They asked for $100,000 for 10% of their Tanden Boogie. After hearing their pitch, two sharks, Robert Herjavec and Daniel Lubetzky, made them an offer. The family accepted $100,000 for 35% of their Tanden Boogie. Let’s see what happens next. Will the entrepreneur get a deal on Shark Tank? Check out our Tanden Boogie update to find out!

Tandem Boogie Net Worth Shark Tank Update 2025

The Clark family asked for a $100k investment in exchange for 10% equity in their company. This meant they valued their company at $1 million. They made a deal with Robert Herjavec and Daniel Lubetzky for $100k in exchange for 35% of their company. This new deal valued their company at $285,714. After the show aired, Tandem Boogie 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 Tandem Boogie is about $426,000.

The business prospered following their Shark Tank participation. Tandem Boogie changed their name. TANDM Surf became their new moniker. The two-person boogie board was not the only thing the family did. They added more products to their lineup. They now sell paddle boards, surfboards, and other equipment for water activities. They even provide products and clothes for sale.

In 2024 TANDM Surf is still operating. In person rentals of their boards are available if you live close to Orange County, California. Moreover, you can hire their boards via mail. You can test the board in this manner before purchasing it. If necessary you can even hire it.

To view every product they have, go to their website. They also sell a few things on Amazon.com. The business has expanded and continues to offer new things for water lovers.

Indeed the business closed a deal on Shark Tank. The family requested $100,000 in exchange for a 10% stake in their business. Robert Herjavec and Daniel Lubetzky made the decision to collaborate after hearing their pitch. The family was offered $100,000 in exchange for a 35% equity.

The sharks refused to budge despite the family’s requests to reduce the equity. They ultimately accepted the $100,000 offer in exchange for 35% of the stock. Having partnered with two sharks, the Clark family emerged from the tank.

Shark(s) nameOffer & DemandCounterofferAccepted?
Daniel Lubetzky (Guest $100,000 for 35% equity$100,000 for 30% equityYes
Lori GreineroutN/AN/A
Kevin O’Learyout N/AN/A
Robert Herjavec$100,000 for 35% equity$100,000 for 30% equityYes
Mark CubanoutN/AN/A

Tandem Boogie Shark Tank pitch

Tandem Boogie was founded by the Clark family, who were passionate about the ocean. They frequently visited the beach because they lived close to it. They wanted to ride waves together on the same boogie board since they loved riding waves together. They needed to come up with a new idea because traditional boards were designed to fit only one person.

Their goal was to develop a device that would enable two surfers to ride waves simultaneously. 

Their own family served as the source of inspiration. They believed that other families would also enjoy their quality time together. However, creating a new product is challenging. In the beginning, they had to overcome numerous obstacles. Getting the proper supplies and ensuring product safety were major challenges. 

The Clark family was prepared to present their idea when they appeared on Shark Tank. They demonstrated their product and described how it operated. They explained to the sharks that the board was deflatable and could fit in a suitcase. It could fit one adult and one child or two adults once inflated.

This was the Tanden Boogie’s second month in operation at the time of the pitch. Sales have already totaled $43,000. A significant portion of the funds comes from a $31,000 Kickstarter effort. By strengthening their internet presence and entering establishments close to the beach, they intended to continue expanding their business.

The family requested $100,000 in exchange for 10% of the business. They presented and clarified their business concept.

The product was the subject of numerous questions from the sharks. It was Mark Cuban who spoke first. His worry was that the family would not have the necessary skills to sell the items online. He made the decision not to invest as marketing is crucial for success.

Lori Greiner was likewise worried. She didn’t think she should have been helping with this product. Nor did she extend an offer.

According to Kevin O’Leary, the water sports industry is difficult. It wasn’t something he felt he wanted to put money into. And so he chose to give up too.

Robert Herjavec was prepared to make an offer after three sharks declined. However, he was unwilling to part with $100,000 for just 10% ownership. He wants more.

Mr. Clark then asked guest shark Daniel Lubetzky whether he would like to participate in the deal. Daniel concurred. They jointly proposed $100,000 in exchange for 35% equity.

The family attempted to reduce the equity to thirty percent. Daniel and Robert, however, could not agree. The Clark family ultimately decided to accept the $100,000 offer in exchange for a 35% stake. They struck an agreement and left the tank.

What Went Wrong With Tanden Boogie On Shark Tank?

Even though the family got a deal, some sharks were not fascinated by it. Mark Cuban didn’t believe the family could make a sufficient amount of money online. Lori Greiner didn’t think she could improve the Tanden Boogie. Kevin O’Leary had no intention of entering the water sports industry. 

They took the decision not to invest for all of these reasons.The expense of producing the product was another issue brought up by the sharks. A single boogie board was made for $150 and sold for $459. To turn a profit the family had to figure out how to lower their production expenses.

Product Availability

TANDM Surf is the new name for Tandem Boogie. The business offers a wide range of goods. They have launched new goods in addition to their two-person boogie boards. Flippers, paddleboards, and surfboards are all available now. They have also begun to sell accessories and apparel.

Their website offers their products for purchase. 

They also have some of their products on Amazon.com. You can visit their business in person to rent a board if you reside close to Orange County, California. Otherwise, you have the option to rent a board via mail and have it delivered to your house. Customers can easily purchase their products online from any location.

Conclusion 

Tandem Boogie’s Shark Tank adventure was thrilling. The Clarks produced an entertaining and distinctive product. Their goal was to enable two persons to surf waves together. Robert Herjavec and Daniel Lubetzky two sharks gave them a deal when they showed their product.

The business has expanded ever since they appeared on Shark Tank. They are now known as TANDM Surf and have a wider range of products. They no longer only sell boogie boards. Surfboards, paddleboards, and other equipment for water activities are available in their store.

TANDM Surf appears to have a promising future. It will be interesting to observe what fresh goods they develop next.