Maddox Prichard made an appearance on Shark Tank Season 11 with a novel product known as The Measuring Shovel. Maddox had the concept for this product while he was just 13 years old. It was an easy yet astute notion. Both the handle and the blade of the measuring shovel are measured. Gardeners will find it easier to dig holes at the right depth as a result.
Maddox approached Shark Tank with the goal of receiving $40,000 for 15% of his business. The Sharks were struck by his proposal and his confidence. Will the entrepreneur get a deal on Shark Tank? Check out the Measuring Shovel update to find out!
The Measuring Shovel Net Worth Shark Tank Update 2025
Maddox Prichard asked for a $40k investment in exchange for 15% equity in his company. This meant he valued his company at approximately $266,667. He made a deal with Lori and Kevin for $40k in exchange for 30% of his company. This new deal valued his company at $133,333. After the show aired, The Measuring Shovel 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 The Measuring Shovel is about $194,888.
The Measuring Shovel encountered several difficulties following Maddox’s appearance on Shark Tank. Maddox received a deal on the show after a successful pitch, but the agreement fell through. This indicates that Lori and Kevin did not give Maddox their $40,000 investment. Regretfully the product has not yet been made available for purchase.
The Measuring Shovel remains unavailable for purchase as of 2024. There is no specific date listed on the company’s website but it is stated that the product will be available shortly. A personal loss could be one of the reasons for the delay. The Shark Tank episode aired shortly after Maddox’s father passed away. This might have hindered the company’s growth.
Though it hasn’t been released to consumers yet the Measuring Shovel is still under development. There is yet hope for a future release of the product.
On Shark Tank, Maddox Prichard did land a deal. He entered the Tank requesting $40,000 in return for a 15% stake in his company. Maddox demonstrated the Measuring Shovel and described its operation. Even though the product wasn’t yet in production, the Sharks were nevertheless intrigued with the concept. Following their hearing of the pitch, Kevin O’Leary and Lori Greiner decided to submit a joint offer.
They proposed to buy 30% of the business for $40,000. Maddox made an effort to negotiate for a better rate, but Kevin and Lori refused to budge. Ultimately, Maddox agreed to their proposal. But after the show, the agreement broke off. Maddox had to carry on working on his business without Lori’s and Kevin’s assistance because the investment never occurred.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Daniel Lubetzky (Guest Shark) | $40,000 for 25% equity | N/A | N/A |
| Lori Greiner | $40,000 for 30% equity | Yes to 1st offer | Yes to 1nd offer |
| Kevin O’Leary | $40,000 for 30% equity | #1 $40,000 for 25% equity #2 $50,000 for 30% equity | Yes to 1nd offer |
| Robert Herjavec | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
The Measuring Shovel Shark Tank pitch
During a school project, Maddox Prichard had the idea for The Measuring Shovel. He had to invent something while he was in the fourth grade. Maddox enjoyed gardening, but he found it challenging to gauge the depth of his holes. He thought that having measurements on a shovel would be useful.
Gardeners could then confirm that they were planting their plants at the proper depth. Maddox told his mother, Amanda, about his proposal, and she immediately encouraged him.
Togethe,r they developed the product and acquired patents for it. Maddox’s creation took home prizes from multiple invention fairs. However, the journey was not simple. Maddox and his family had numerous difficulties.
They required help with the product’s marketing and production. For this reason, they made the decision to go on Shark Tank in order to ask the sharks for money. Jason Maddox’s father was also a significant part of the trip but he tragically died after the show aired.
Maddox and Amanda were prepared to introduce their concept as they took the Shark Tank stage. Maddox outlined the benefits of The Measuring Shovel for gardeners. Both the handle and the blade of the shovel carried measurements. Gardeners found it easy to gauge the depth of their digging thanks to this.
Maddox discussed the advantages the shovel may offer gardeners while demonstrating its operation to the Sharks. It was an easy but useful idea. It would simplify and improve precision in gardening. Maddox requested $40,000 from the Sharks in exchange for a 15% stake in the business.
He claimed the funds would enable them to begin manufacturing and distribute the product to stores. Despite Maddox being just 13 years old the Sharks were pleased by his confident and clear presentation. However, there were still a lot of unanswered questions.
The Measuring Shovel raised a number of questions for the Sharks. Initially, they were curious as to why the product had not yet entered production. Maddox clarified that they were currently seeking assistance for the shovel’s manufacturing after completing the process of obtaining patents. A few Sharks expressed concern over the low sales. Several Sharks hesitated because the product was still in the pre-revenue stage.
They also enquired about the shovel’s manufacturing cost. Maddox disclosed that while they intended to employ premium materials the precise production cost was still being worked out. The Sharks were interested in learning more about Maddox and Amanda’s marketing strategy for the product. According to Maddox, their target audience consists of gardeners who value planting accuracy.
The Sharks liked the idea but they were cautious because the product was not yet ready to sell.
Not every Shark expressed interest in sponsoring The Measuring Shovel. The first two people to leave were Mark Cuban and Robert Herjavec. They claimed not to be passionate about the goods and not to garden. However, Lori Greiner and Kevin O’Leary thought the concept had potential. They believed that many gardeners would find The Measuring Shovel appealing. They also appreciated Maddox’s confidence and the product’s patents.
Kevin and Lori made the decision to submit a joint offer. They made an offer of $40,000 for a third of the business. Maddox attempted to negotiate for a better price but Kevin and Lori were firm. In regard to the company’s current stage, they indicated they thought 30% was reasonable. Ultimately Maddox agreed to their offer. In return for 40,000 dollars, he agreed to give Lori and Kevin thirty percent of the business. But following the show the agreement did not close.
What Went Wrong With The Measuring Shovel On Shark Tank?
Maddox secured a deal for the show, but the investment fell through. They did not invest in the company because the agreement involving Lori and Kevin was never finalized. This could be due to a number of factors. A possible explanation for this could be that The Measuring Shovel was still in its early stages. There were no sales and the product had not yet been made. This increased the investment’s risk.
The personal tragedy that Maddox and his family experienced could be another factor. Maddox’s father passed away after the airing of the episode. This probably made it challenging for the family to concentrate on the company during such a trying period. Since the show, The Measuring Shovel has faced obstacles and delays.
Product Availability
As of 2024, The Measuring Shovel is still not available for purchase. The product has not yet been manufactured or sold to consumers. The Measuring Shovel is a tool designed to help gardeners dig precise holes.
The handle and blade have engraved measurements that show the depth of the hole. This makes it easier for gardeners to plant seeds bulbs or plants at the correct depth. The product is intended to make gardening easier and more accurate. However, despite the promising idea, the shovel has not been released to the market yet.
The Measuring Shovel website still says that the product will be available soon but there is no clear date for when that will happen. It is not available in stores or online and there are no updates on when it might be launched.
The delays have made it unclear if or when the product will finally be available for customers. There are no details about when it will be released, and it is not accessible online or in stores. It’s unknown whether or when the product will be made available to customers due to the delays.
Conclusion
Shark Tank’s presence by Maddox Prichard was a motivational moment. The Measuring Shovel offered a simple way to dig precise holes by having measurements on the shovel itself. Maddox’s self-assurance and his goods won over the Sharks. Following the broadcast, the deal to invest in the company was not finalized despite the offers from Lori Greiner and Kevin O’Leary.
The Measuring Shovel has encountered a number of difficulties since the show aired. There’s still optimism that The Measuring Shovel will make it onto the market in spite of these difficulties. A lot of people think it’s a fantastic idea that if implemented could be extremely successful. We intend to monitor what happens with The Measuring Shovel and expect its availability for gardeners in the near future
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.
