Terra-Core Fitness Board Update | Shark Tank Season 11

Home gym equipment can get out of hand quickly. You’ll need room, plenty of money, and expertise on how to use all of the machines. That problem prompted Greg Nigro to create Terra-Core: a small, air-filled surface that can be used for hundreds of workouts. Will the sharks sweat to make a deal on this device during Shark Tank Season 11? Find out in our Terra-Core update and pitch recap.

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

Greg Nigro appeared on Shark Tank Season 11 and left with a deal from Lori Greiner for $300,000 for 22.5% equity. In terms of a Terra-Core update, the company is still in business and has grown to around $500,000 in annual revenue since Shark Tank. Further, Terra-Core has changed its marketing approach to focus on individual consumers instead of gyms.

Shark:  Result:
Lori Greiner Accepted deal of $300,000 for 22.5% equity
Kevin O’Leary $300,000 for 15% equity and $20/unit royalty until $1 million is paid back
Daymond John $300,000 for 40% equity
Anne Wojcicki $300,000 for 17% equity plus a $10/unit royalty in perpetuity
Mark Cuban No Offer

Shark Tank Terra-Core Update

Terra-Core update

  • Entrepreneur: Greg Nigro
  • Business: Versatile, air-filled workout surface
  • Ask: $300,000 for 15% equity
  • Result: $300,000 for 22.5% equity
  • Shark: Lori Greiner

Greg brought Terra-Core to Shark Tank Season 11 Episode 8. He starts his pitch in a silly, light-hearted manner as the ‘Sultan of Sweat.’

An Entire Home Gym
Terra-Core - Home Gym Equipment for Strength, Balance, Agility and Weight Loss

Terra-Core is one of the most versatile pieces of exercise equipment you can own. Every exercise you do is enhanced to the next level

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

He peers deep into his crystal ball, revealing that the future of fitness is always changing. He believes that Terra-Core, his versatile workout surface board, is the next big thing.

The air-filled surface activates four times the muscle tissue for each and every workout and only takes up three square feet in your exercise space. Further, it’s great for both commercial and consumer home gyms.

Greg brings some people with him to demonstrate the workout equipment, before the sharks give it a try for themselves. He finally invites all the sharks to try it out, and they all take a turn with it.

Guest shark Anne Wojcicki, founder of 23 and Me, comments that the board is very comfortable to use. At this point, most of the sharks are interested.

However, they’re more impressed by the numbers. Terra-Core raised $95,000 on Kickstarter and has sold $2.1 million since its launch (two years before filming).

Right now, it’s selling mostly on the commercial market, and Greg is lowering the costs to $199, making it more attractive for consumers. However, it costs $73 to manufacture it internationally.

Additionally, he’s also making great profit margins and projects about $1.4 million in sales next year.

Daymond John is the first to make an offer, which is $300,000 for 40% equity—a pretty sharky deal.

Kevin O’Leary is next to offer, speaking over Lori Greiner, to promise $300,000 for 15% equity, plus $20 per unit royalty until he earns $1 million back. Greg doesn’t accept either of these deals yet.

Daymond drops his equity offer to 35% for the same $300,000, which prompts Lori to make an offer of $300,000 for 22.5% equity. Then, Daymond lowers his offer to 30% equity.

Anne adds another offer to the pile. She offers $300,000 for 17% equity, plus a $10/unit royalty in perpetuity.

However, Greg doesn’t like the royalty offers and since every shark is in a bidding war for this deal he sticks with his gut. After some deliberations, he finally decides to go with Lori’s offer.

What happened following Shark Tank? Keep reading our Terra-Core update to find out!

We have good news to share in our Terra-Core update. The company is still selling well and has tried to shift the advertising towards individual consumers rather than gyms. This effort has led to around $500,000 in annual revenue.

Since appearing on Shark Tank, Terra-Core has been featured in the Wall Street Journal, Men’s Health Magazine, and several other publications.

While our Terra-Core update revealed that the company didn’t explode in sales after airing on Shark Tank, it still seems to be surviving in a changing market.

With an Amazon listing full of happy customers, the future is bright for this exercise company.

If we learn anything new about this company, we’ll be sure to let you know. In the meantime, if you would like to learn about the other companies featured on Shark Tank Season 11 Episode 8, follow the links below!

For even more on companies, and products, be sure to stop by our Season 11 products page!

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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!