Chirp Back Relief Tool Update | Season 12
Back pain is the worst! It can be difficult, and sometimes impossible to get relief from. That’s why Tate Stock created a tool to ease back pain. Will he also ease into a deal on
If you’re short on time, here’s a quick overview of what happened to Chirp after
Chirp appeared on
| Shark: | Result: |
| Lori Greiner | Accepted deal of $900,000 for 2.5% which must be paid back in 18 months |
| Kevin O’Leary | $900,000 for 2.5% equity and a $3 royalty until $2.7 million is paid back |
| Robert Herjavec | $900,000 for 3% equity and a $1.50 royalty until $1.2 million is paid back |
| Daymond John | No Offer |
| Mark Cuban | No Offer |
Shark Tank Chirp Update
- Entrepreneur: Tate Stock
- Business: A wheeled roller that relieves back pain
- Ask: $900,000 for 2% equity
- Result: $900,000 for 2.5% which must be paid back in 18 months
- Shark: Lori Greiner
Tate appeared on
Chirp Wheel+ is designed with trigger points in mind to break up tight muscle fibers and hard-to-reach parts in your back instead of putting undue pressure on your spine, so you can focus on deeper stretches without worries.
He shared that the wheeled roller helps to bring relief when the user lays over it, moving their back up and down it. Robert seemed amazed by the results, claiming that it felt great on his back!
Tate explained that putting pressure on the muscles around the spine, opened up the back and eased the pain. Once Robert returned to his seat, the sharks got down to business.
They began to go after Tate’s $45 million valuation, and Daymond John accused him of being on the show solely for promotion.
Despite this, things settled down a bit when Tate shared that by the end of 2020, he was expecting $40 million in sales and $12 million in profit.
Just then, Lori Greiner spoke up, saying she didn’t understand why he needed an investment. Tate explained that he was looking for an investor to help fund large purchase orders that he couldn’t fulfill alone.
Tate ultimately received three separate offers from the sharks. Lori Greiner offered $900,000 for 2.5% equity, with the condition that her investment must be paid back in 18 months.
Kevin O’Leary offered $900,000 for 2.5% equity, with a $3 royalty until he’s recouped $2.7 million. Last but not least, Robert Herjavec offered $900,000 for 3% equity, with a $1.50 royalty until he’s recouped $1.2 million.
After a few moments, Tate accepted Lori’s deal! Keep reading our Chirp update to find out what happened next!
Research for our Chirp update revealed great news! The company is still in business and is doing better than ever with $5 million in annual revenue.
The Chirp update research found that they have over 1 million happy customers and counting! If you are wondering whether Chirp would help you, that assurance may help you give it a shot!
Our Chirp update also found that since the episode aired, the company has also expanded its product line. They now carry several sizes of wheels, muscle rollers, posture correctors, Chirp accessories, and more!
If you’d like to give the products a try, here’s a special offer for
For updates on other products that appeared on Season 12 Episode 3, check out the links below:
For even more on companies and products, be sure to stop by our Season 12 products page!
Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!