Shark-Tank-US-Net-worth-Update-s05e16-Nexersys

Nexersys, a fitness tech company featured on Season 05 of Shark Tank USA 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.

RELATED: 9 REJECTED SHARK TANK PITCHES THAT MADE MILLIONS

Nexersys Net Worth

Estimated Net worth$4.2 Million
Annual Sales Revenue$5 million
Lifetime salesNot available
InvestorNone
FounderTerry Jones
Employees20-50

Nexersys Pitch on Shark Tank

Company nameNexersys
ProductInteractive, fitness gaming system
EpisodeSeason 05 Episode 16
FounderTerry Jones
Asked for$2 million for a 10% equity
Final dealNo deal
SharksNone
LocationAustin, 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.

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Key accomplishments

YearAccomplishment
2023Nexersys has now expanded its business to gyms, schools, universities, the military.
2014Nexersys 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.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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