“Rugged Races” got featured on Shark Tank America in April 2014. It has a net worth of more than 13 Million USD as of 2023. Since appearing on Shark Tank, Rugged Races has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 13 Million USD.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
Rugged Races’ Net worth before appearing on Shark Tank | 10 Million USD (business valuation) |
Rugged Races’ Current Net worth (2023) | 13 Million USD |
Episode | Season 05 Episode 26 |
Company name | Rugged Races |
Product | Obstacle course race event company |
Founder | Rob Dickens and Brad Scudder |
Asked for | $1,000,000 for 10% Equity |
Final deal | $1,750,000 for 25% Equity |
Shark | Mark Cuban |
Business status | In Business |
Location | California, United States |
Rugged Races’s founders, Rob Dickens and Brad Scudder, have a net worth of more than 5.2 Million USD as of 2023.
Key accomplishments:
Year | Accomplishment |
2018 | 80% of Company sold to media company |
2018 | Company was valued at 13,000,000 USD |
2022 | Rugged Maniac hosts several other kinds of races including road runs, trail runs, cycling, a chocolate-themed race, and award show for high school athletics. |
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 Rugged Races and its continued success.