Chalkless Update | Shark Tank Season 16
Athletes and professionals struggle with maintaining a strong grip due to oil buildup on the skin, which hampers performance. David (Greg) Pope and James Pidhurney addressed this issue by creating Chalkless, an innovative, environmentally friendly grip-enhancement material that effectively absorbs skin oils and improves grip under various conditions. Will the duo secure the sharks’ support to take Chalkless to the next level? Let’s find out in our Chalkless update and pitch recap.
If you’re short on time, here’s a quick overview of what happened to Chalkless after
David and James entered
In terms of a Chalkless update, the company leveraged its patented grip enhancer technology to gain adoption across major sports communities.
| Shark | Result |
| Kevin O’Leary and Rashaun Williams | Accepted offer of $400,000 for 4% equity, plus a royalty of $2.50 per unit sold until $4 million is repaid, after which the royalty drops to $0.25 per unit in perpetuity. |
| Mark Cuban | No offer |
| Lori Greiner | No offer |
| Barbara Corcoran | No offer |
Shark Tank Chalkless Pitch
- Entrepreneurs: David (Greg) Pope and James Pidhurney
- Business: Grip enhancer
- Ask: $400,000 for 4% equity
- Result: $400,000 for 4% equity, plus a royalty of $2.50 per unit sold until $4 million is repaid, after which the royalty drops to $0.25 per unit in perpetuity.
- Sharks: Kevin O’Leary and Rashaun Williams
David and James pitched Chalkless to the sharks, a groundbreaking grip enhancement technology designed to improve athletic performance.
They sought an investment to increase brand awareness and build strategic partnerships that will bring their innovative grip solution to the masses.
Chalkless is a grip-enhancement product that uses Grip Enhancer Technology to absorb skin oils, eliminate slipperiness, and provide a better grip.
The material used in making it is non-toxic, environmentally friendly, and lightweight.
It works even when wet and offers a reliable solution for better grip.
Unlike chalk, Chalkless removes oil instead of adding friction, making it more effective.
The product is simple to use. Users sprinkle a small amount on their hands, rub it in, and clap off the residue. The results are immediate.
To test the torque performance, they called on guest shark Rashaun Williams for a demonstration, showing how their grip enhancer technology delivers 60% better grip.
Chalkless is for athletes, fitness enthusiasts, and military personnel.
The product is especially popular in sports like golf, racquet sports, and weightlifting. Everyday users can also benefit from its reliable grip enhancement.
Kevin O’Leary showed more interest in the sales figures, and James revealed that they had generated a total of $740,000 in sales in 2024.
They have two patents for the manufacturing material, with an additional two patents pending.
The larger container, offering approximately 100 doses, is priced at $35.99, while the smaller version sells for $24.99.
Additionally, they revealed a 67% profit margin for their product but opted not to disclose exact production costs.
Mark Cuban is irritated when the entrepreneurs refuse to disclose the production cost of their products, even though they openly share their profit margins.
Frustrated, he is the first shark to bow out of the deal.
Rashuan doesn’t feel this is the right investment for him. He’s out as well.
Barbara Cocoran says she can’t think of one thing she can do for the business. She’s out.
Lori Greiner says that while the product seems great, it doesn’t align with her interests or expertise, so she exits the negotiations.
David and James turn to Kevin O’Leary as their last hope.
He offers them $400,000 for 4% equity and adds a royalty of $2.50 per unit sold until they repay $4 million, after which the royalty drops to $0.25 per unit permanently.
He also offered to help increase their sales through a social media campaign.
As the entrepreneurs took a moment to consider the offer, Rashaun surprised everyone by joining Kevin in the deal.
He agreed to split the investment equally, under the same terms. Rashaun also highlighted his ability to connect the product with professional athletes, adding valuable expertise to the partnership.
In the end, David and James accept Kevin and Rashaun’s joint offer and leave the show with a deal.
Was this a good deal? Let’s find out in our Chalkless update.
Shark Tank Chalkless Update
Our Chalkless update found that professionals in the PGA, USTA, NBA, NFL, PPA, and CrossFit communities have adopted their patented technology.
Furthermore, the company’s social media presence reflects its active engagement with the athletic community.
For instance, through their Instagram page, they share testimonials from athletes and demonstrate the product’s effectiveness across various sports.
Its Facebook page features updates on product availability and highlights from its
It’s unclear if the deal with Kevin and Rashaun went through, but we’ll continue monitoring the Chalkless website and social media platforms for our next Chalkless update.
For more updates from
Before you go, be sure to check out our list of all the Shark Tank Season 16 products.
Marvin Uzor
Marvin Uzor is a content contributor for Shark Tank Recap. He specializes in crafting engaging, well-researched content that delve into the latest Shark Tank stories, keeping readers hooked. He has a soft spot for his favorite Shark Tank companies, Bombas and Doorbot, known for their innovation and impact.