Muvez Footwear Update | Shark Tank Season 11
Ryan Cruz, Eric Cruz, and Kevin Zamora pitched their shoe company during
If you’re short on time, here’s a quick overview of what happened to Muvez Footwear after
Entrepreneurs Ryan Cruz, Eric Cruz, and Kevin Zamora appeared on
| Shark: | Result: |
| Daymond John | Accepted deal for $200,000 for 25% equity |
| Mark Cuban | No offer |
| Lori Greiner | No offer |
| Kevin O’Leary | No offer |
| Barbara Corcoran | No offer |
Shark Tank Muvez Footwear Update
- Entrepreneurs: Ryan Cruz, Eric Cruz, and Kevin Zamora
- Business: Slippers that convert to shoes
- Ask: $200,000 for 15% equity
- Result: $200,000 for 25% equity
- Shark: Daymond John
Entrepreneurs Ryan Cruz, Eric Cruz, and Kevin Zamora are the minds behind Muvez Footwear. These slippers can easily turn into outdoor shoes, and vice versa, using a removable sole that can be slipped on and off easily.
They have a range of colors and options available, so you can look stylish and stop aggravating your friends who prefer no shoes on their carpets.
The team delivers a great pitch, showcasing how to use the Muvez. The soles are secure for running and even jumping once they are attached.
They eventually pass out Muvez samples to the sharks, who are eager to attempt using the shoes. All are certainly impressed by the design, and function of the slipper-shoes.
Kevin Z. tells the sharks that the company has done $73,000 in sales since April, in the year of filming, although they haven’t spent any money at all on marketing. Even better, all of their sales are direct-to-consumer online.
Cost-wise, an outsole costs $8 to make. Meanwhile, it retails for between $19.99-$29.00. Unfortunately, they’ve had some issues with production, however, they overcame them by purchasing supplies themselves and creating the shoes in their garage in New Jersey.
Kevin O’Leary thinks the product is neat, but doesn’t want to invest. For this reason, he is out.
Robert Herjavec drops out because he doesn’t like the branding, and Mark Cuban goes out for the same reason.
Lori Greiner thinks the idea is brilliant, but she isn’t sure about investing. She might go in on a group deal, but she doesn’t want to go in on her own.
The entrepreneurs turn to Daymond John, the last shark that may make them a deal. Daymond wants to license the shoes, as that’s the only place he’d take it.
He offers $200,000 for 33% of the company and refuses to go in with Lori. The entrepreneurs counter, asking Daymond to go down to 25% equity, and Daymond agrees.
Will this company manage to succeed following
We have good news to share in our Muvez footwear update. Immediately following their appearance on
During the COVID pandemic, Muvez donated $1 from every sale to the World Health Organization and was also able to donate shoes to doctors and nurses.
Further, in 2021 they partnered with NBA player Langston Galloway to promote their brand. In 2022 they won first place in the 2022 FedEx Small Business Grant Contest.
The shoes have been featured in several online publications, and have a ton of 5-star reviews on the Muvez Footwear website.
Plus, they also maintain a very large social media following, which indicates that people love this brand.
If we get any more news on a Muvez update, we will let you know!
You can find the other company updates from Season 11 Episode 18 here:
For even more on companies and products, be sure to stop by our Season 11 products page!
Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!