Dan Projansky and Caroline Strzalka appeared on Shark Tank Season 15, Episode 18, seeking $500,000 for 2.5% equity in their company, Overplay Games, valuing it at $20 million. Dan founded Overplay Games in January 2017, and Caroline joined the company in July 2020.
Based in New York, Overplay Games had raised $3.1 million from over 1,200 investors by October 2023. As of March 14, 2024, they had secured $108,185 from 8 investors through WeFunder.
Overplay Games is a software application that converts videos into interactive video games. The app has achieved over 100,000 downloads on the Android Play Store and approximately 50,000 on the Apple App Store.
It has an overall rating of 2.5 stars on the Play Store and 3.9 stars on the App Store. The app offers various real video games like car racing, jumping, football, and basketball. Users interact with the game by clicking on left, right, up, or down at the right moment, receiving alerts to indicate correct or incorrect actions.
| Company Name | Overplay | |
| Founder | Dan Projansky and Caroline Strzalka | |
| Founded | 2017 | |
| Product | Converts Video into video games | |
| Asked For | $500k for 2.5% equity | |
| Final Deal | $500k for 4% equity + Overplay pays Mark $500k to Promote & Create Content for Overplay | |
| Shark |  Mark Cuban | |
| Episode (Shark Tank USA) | S15 E18 | |
| Air Date | March 15th, 2024 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | New York, USA | |
| Lifetime Worth (Sales) | $1M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Overplay Games?
The Co-Founder and CEO of Overplay Games Company is Dan Projansky, a designer by profession. Caroline Strzalka is another Co-Founder and serves as the Chief Operating Officer of the company.
How Was The Shark Tank Pitch Of Overplay?
After entering the Shark Tank, Dan Projansky and Caroline Strzalka asked the Sharks for $500,000 in exchange for 2.5% equity. The Sharks were surprised by the $20 million valuation and hoped the company’s sales would justify it.
Their platform boasts millions of gameplays and 150,000 downloads, with plans to monetize the app in 2024. Surprisingly, they had already raised $3.7 million before Shark Tank by giving up 20% equity.
They currently have $750,000 in cash left in the bank and have burned through $3 million so far. Barbara Corcoran declined to invest. Jason recounted his experience investing in a similar business idea, which resulted in a total loss, and opted out.
Mark Cuban offered $500,000 for 15% equity. Dan countered with $500,000 for 3.25% equity plus 0.75% in advisory shares. Mark revised his offer to $500,000 for 4% equity, with Overplay paying Mark $500,000 to promote and create content for Overplay. Dan and Caroline accepted this offer.
Sharks Offers list!
| Sharks | Offers |
|---|---|
 Jason Blum | No Offer |
 Kevin O’Leary | No Offer |
| Mark Cuban | $500k for 15% equity (#1) $500k for 4% equity + Overplay pays Mark $500k to Promote & Create Content for Overplay (#2) |
 Barbara Corcoran | No Offer |
 Lori Greiner | No Offer |
| Founder’s (Countered) | $500k for a 3.25% equity + .75% in advisory share (to Mark) |
| Final Deals | $500k for 4% equity + Overplay pays Mark $500k to Promote & Create Content for Overplay |
Overplay Shark Tank Update
Overplay secured a deal on Shark Tank, with Mark Cuban investing $500,000 for 4% equity at a $12 million valuation. This deal included a unique arrangement where Mark would recoup his investment through promotional activities and content creation for Overplay.
Dan and Caroline effectively explained their business and application to the Sharks, emphasizing their need for investment to scale the company. Despite their compelling pitch, user feedback has been less favorable.
Many players, including myself, found the app to be one of the worst gaming experiences. The game continues to play regardless of user interaction, diminishing the interactive experience. Additionally, numerous players have reported bugs and glitches, further detracting from the app’s appeal.
What Is Overplay’s Net Worth?
Overplay’s net worth is estimated at $0.6 million. Many players are uninstalling this mobile app, indicating potential sustainability issues for the company.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2024 | *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2023 | $500k | Mark Cuban |
| 2017-22 | $3.7M | N/A |
We are closely following the co-founders and their company and will soon add more information to this post. It remains to be seen what will happen with this company in the future.
The official headquarters of Overplay Games is in New York, United States, and it has 11-50 employees.
Yes, Overplay is still in business as of August 2024.
frequently asked questions
Who is the Founder of Overplay?
Overplay was founded by Dan Projansky and Caroline Strzalka.
Did Overplay get a deal on Shark Tank?
Yes, Overplay get a deal in Shark Tank.
