Plunge Cold Tub Shark Tank-Which Shark Break The Deal ?Click to Know

plunge shark tank

Plunge, which aired on Shark Tank season 13 episode 21, is a step up from a regular ice bath. The water in the Plunge cold tub is automatically maintained at the desired chilly temperature.

That’s right, no more running to the shop for large bags of ice to start your ice bath. Instead, simply press a button, and the water in your Plunge tub will be chilled to 39-60 degrees Fahrenheit.

Founders Of Plunge:

Ryan Duey and Michael Garrett established the business in Sacramento, California. They believe that taking a cold plunge for one minute each day will reduce inflammation, enhance fat loss, strengthen your immune system, improve your sleep, minimize muscular pain, and give you more energy.

The cost of the standard cold Plunge tub is $4990, which includes delivery and installation to the customer’s preferred location.

On Shark Tank, What Did Plunge Request?

Plunge’s Ryan and Michael asked for $1.2 million in exchange for a 5% stake in the firm during their Shark Tank presentation. The funds will be used to increase output.

Kevin O’Leary (Mr. Wonderful) receives a $1.2 million offer from the sharks in exchange for an 18 percent stake in the company.

Lori: I’m not going anywhere.

Barbara: $1.2 million at 20% (with a loan of $600,000)

$1.2 million for 15% + $1.2 million loan, according to Robert

Mark: $1.2 million for 15% and purchase order finance.

Did Plunge Take an Offer?

Yes, Plunge accepted Robert’s offer of $1.2 million in exchange for a 12 percent ownership in the firm and a $1.2 million loan to use for production after some haggling.

The original Plunge is a 67-inch-long, 43-inch-wide, and 28-inch-high white rectangular tub. The Plunge Pro XL is 73 inches long and 47 inches broad if you’re taller or just want a bigger cold Plunge tub. The Plunge XL, which is somewhat bigger, costs $6990.

If these costs seem a little costly for a one-time purchase, Plunge appears to have some 0% financing options available through Klarna and Affirm for 6, 12, and 36-month durations.

Read More: Bang Shack Shark Tank Chicken Dip -Full Update

Features Of Plunge:

Each Plunge purchase includes the cold tub, an insulated cover, a 1-year guarantee (with upgrade possibilities up to 5-years), video instructions, a phone/tablet holder, a hose filter for cleanly filling the tub, and a skimmer net to remove any debris that may get in the tub.

Shark Tank Success gets revenue from qualifying sales as an advertiser.
Embark on a journey from Shark Tank to the real world. John P. remarked The third of May, 2022 Table of Contents: Shark Tank Season 13
Plunge, which aired on Shark Tank season 13 episode 21, is a step up from a regular ice bath. The water in the Plunge cold tub is automatically maintained at the desired chilly temperature.

That’s right, no more running to the shop for large bags of ice to start your ice bath. Instead, simply press a button, and the water in your Plunge tub will be chilled to 39-60 degrees Fahrenheit.

Ryan Duey and Michael Garrett established the business in Sacramento, California. They believe that taking a cold plunge for one minute each day will reduce inflammation, enhance fat loss, strengthen your immune system, improve your sleep, minimize muscular pain, and give you more energy.

Cost Of Product:

The cost of the standard cold Plunge tub is $4990, which includes delivery and installation to the customer’s preferred location.

What Happened to Plunge After Shark Tank?

Cold Plunge’s CO creators, Michael and Ryan, thought that if he received funding from the Shark Tank television show, he would be able to develop his company.

They’re up against a deadline. Currently, one product is taking over ten weeks to ship. For a long period, this does not result in consumer satisfaction, which may have a negative impact on future sales.

Plunge Shark Tank Update:

Company Name The Cold Plunge
Founder Michael Garret and Ryan Duel
Product world’s best cold plunge. Take the Plunge. Change your life
Asked For $1.2 Million for 5% Equity
Final Deal Robert Herjavec
Shark $1.2 M + $1.2M as a loan for 10% Equity
Episode (Shark Tank USA) Season 13 Episode 21
Air Date May 2, 2022
Business Status In Business
Net Worth $24 Million *estimated
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