MaxPro Update Shark Tank

MaxPro Fitness Update | Shark Tank Season 13

Exercising while you’re traveling can present a challenge. Entrepreneur Nezar Akeel came up with a solution after too many missed workouts: a portable resistance band machine called the MaxPro. How did the sharks react to Nezar’s strong Shark Tank Season 13 pitch? Find out in our MaxPro Fitness update.

If you’re short on time, here’s a quick overview of what happened to MaxPro after Shark Tank!

Nezar Akeel appeared on Shark Tank Season 13 and left with a deal from Mark Cuban for $500,000 for 3% equity and 5% advisory shares over 5 years. In terms of a MaxPro update, the company is still in business and has achieved more than $25 million in sales in the first three years of operation. Further, the company now has over 25,000 users and was named one of the “Best Portable Gyms of 2023” by Sports Illustrated.

Shark: Result: 
Mark Cuban Accepted deal of $500,000 for 3% equity and 5% advisory shares over 5 years
Daymond John Rescinded offer of $500,000 for a $25 per unit royalty then 4% equity
Lori Greiner No Offer
Kevin O’Leary No Offer
Robert Herjavec No Offer

Shark Tank MaxPro Fitness Update

Shark Tank MaxPro Update

  • Entrepreneur: Nezar Akeel
  • Business: Portable resistance band machine
  • Ask: $500,000 for 2.5% equity
  • Result: $500,000 for 3% equity and 5% advisory shares over 5 years
  • Shark: Mark Cuban

Entrepreneur Nezar Akeer’s MaxPro Fitness system is incredibly versatile, portable, and adjusts up to 300 pounds. Luckily for Nezar, the sharks seem immediately interested, with Robert Herjavec jumping up to try it out right away.

Coach Led Workouts
MAXPRO: Portable Smart Cable Gym

Join a coach-led strength based workouts from HIIT, Suspension or Strength. Find inspiration and creating your own workouts and learn how to best use your MAXPRO.

We earn a commission if you make a purchase, at no additional cost to you.

MaxPro’s initial numbers are impressive, as well. Nezar shares that he had nearly $8 million in sales year to date — and at $849 retail, that’s no small feat.

However, the company is burning about $100,000 per month in marketing. After the sales in the year to date, the company will just break even. Despite the high sales, the sharks are concerned with how the business is running.

Mark Cuban is the first to voice his reservations. He doesn’t like that the company is burning so much money and since Nezar borrowed large amounts, it also has a lot of debt.

Nezar also reveals that the company has a few million dollars in inventory waiting to ship. Unfortunately, he purchased such a large quantity after securing an endorsement from Shaquille O’Neal but hasn’t yet been able to move them.

As the sharks put it, the company needs money badly. Daymond John takes this opportunity to make an offer.

He offered $500,000 for a $25 per unit royalty until the money was recouped. Then, he would get 4% equity. Much to Daymond’s dismay, Nezar hardly reacts to this offer.

Instead, he explains his desire to build out a fitness app that goes alongside the MaxPro. This confuses Kevin O’Leary.

He doesn’t think an app is needed at all, considering that everyone else had one. Kevin goes out due to the difference in vision.

Mark, on the other hand, offers $500,000 for 3% equity, plus 5% in advisory shares over 5 years — the same deal as Shaq. Shaq is a good friend, he says, and they can work together to grow their investments.

In response, Robert Herjavec drops out. Despite enjoying the workout, his offer wouldn’t have been as generous.

Next, Lori Greiner exits for the same reason.

After waiting patiently, Daymond finally rescinds stating that Nezar still didn’t acknowledge his offer.

So, this leaves Mark with the only offer on the table. Nezar wants an assurance that Mark would help fund purchase orders, and Mark said they could talk about it in negotiations.

With this sorted, Nezar accepts Mark’s offer. So, has Nezar found success with the help of a shark? Let’s have a look at our MaxPro Fitness update to find out!

Even before MaxPro Fitness appeared on Shark Tank, Nezar Akeel was doing well. The product is, of course, endorsed by Shaq. It’s also been featured in multiple publications, including Business Insider and Men’s Health.

Our MaxPro Fitness update shows that the company reached $25 million in sales since inception, and now boasts over 25,000 users.

The company is actively promoting on social media and has a solid showing of more than 35,000 Instagram followers. Even better, they were named Sports Illustrated’s “Best Portable Gym” in 2023.

The fitness system is available directly through the MaxPro website and there are hundreds of positive reviews.

So, it looks like MaxPro is building a successful business. We can’t wait to see what the next MaxPro update brings!

Curious about the other company updates from Shark Tank Season 13 Episode 9? Find them here:

For more company updates from Shark Tank Season 13, check out our Season 13 products page.

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Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!