Nexersys, a fitness tech company featured on Shark Tank in 2014, has shown remarkable resilience and growth despite initial setbacks. As of 2024, Nexersys boasts a net worth of $4.2 million with annual revenue hitting $5 million.
The company has cleared its significant debt, transitioned many Convertible Subordinated Notes to equity, and expanded its product line to include budget-friendly and industrial-grade fitness trainers.
Key investors include Concho Valley Angel Network, and their products are now available in gyms, schools, universities, and the military, marking a significant milestone in their growth trajectory.
Nexersys Net Worth
| Estimated Net worth | $4.2 Million |
| Annual Sales Revenue | $5 million |
| Lifetime sales | Not available |
| Investor | None |
| Founder | Terry Jones |
| Employees | 20-50 |
Nexersys Pitch on Shark Tank
| Company name | Nexersys |
| Product | Interactive, fitness gaming system |
| Episode | Season 05 Episode 16 |
| Founder | Terry Jones |
| Asked for | $2 million for a 10% equity |
| Final deal | No deal |
| Sharks | None |
| Location | Austin, Texas |
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Nexersys Founder
Nexersys was founded by Terry Jones in 2010. He is a very smart inventor and a hard worker. His slow and steady way to success makes him a good entrepreneur. Nexersys’s founder, Terry Jones net worth is unknown as of 2024. However based on the deal and urrent net worth of his company, Terry should have an approximate net worth of $4 million.
Key accomplishments
| Year | Accomplishment |
| 2023 | Nexersys has now expanded its business to gyms, schools, universities, the military. |
| 2014 | Nexersys was featured on Shark Tank. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business. They have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Nexersys and its continued success.
