PRxPerformance Net Worth 2024 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-Update-PRxPerformance

PRxPerformance, compact home gym equipment, was started by Erik Hopperstad and Brian Brasch in 2013. As of April 2024, PRxPerformance net worth is $9.1 million, and they’re pulling in a whopping $9 million in annual revenue. 

On February 21, 2016, they appeared on Season 7th of Shark Tank USA and made a deal with Kevin O’Leary, $80,000 for 20% equity. The final valuation was $400K, down from the founder’s initial estimate of $800K.

The company added many new racks and products to its collection. You can see all of PRx Performance’s products on their official website or on Amazon.

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PRxPerformance Net Worth

Net worth$9.1 million (2024)
Annual Sales Revenue$9 million (2022)
Profits
Lifetime sales$200 million (2023)
InvestorKevin O’Leary
FoundersErik Hopperstad and Brian Brasch
Employees84 employees

PRxPerformance Net Worth Timeline

Net Worth 2024$9.1 million
Net Worth 2023$9 million
Net Worth 2022$9 million
Net worth valuation 2016 after appearing on Shark Tank  $400K
Net worth valuation 2016 before appearing on Shark Tank  $800K

PRxPerformance Pitch on Shark Tank

Company namePRxPerformance
ProductFold-out weight-lifting system
EpisodeSeason 7 Episode 19
Founder Erik Hopperstad and Brian Brasch
Asked for$80,000 for 10% equity
Final deal$80,000 for 20% equity
Shark Kevin O’Leary
LocationFargo, USA

Don’t miss these product from Season 7

PRxPerformance Founders

PRxPerformance was founded by Erik Hopperstad and Brian Brasch in 2016. PRx Performance’s story started with two friends, Brian Brasch (CEO) and Erik Hopperstad (President), who were passionate about fitness. PRxPerformance’s founders, Erik Hopperstad and Brian Brasch, have a net worth is not available. However, according to the deal of the Shark Tank pitch, they had 80% equity in the company. One of the main worth of Erik Hopperstad and Brian Brasch is PRxPerformance. Therefore they should have more than $320K net worth as of 2024.

Key accomplishments:

YearAccomplishment
2016Appeared on Shark Tank and received an investment from Kevin O’Leary
2016They started selling a product called The Talon, a barbell clip, in 2016 through a Kickstarter campaign
2018In August 2018, PRx Performance ranked 674th on the Inc. 5000 list, recognising the fastest-growing private companies in the U.S. based on their revenue growth over three years.
2022The company launched a new line of power racks called ‘Build Limitless.

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 PRxPerformance and its continued success.

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