Chill N Reel is a drink insulator company featured in Shark Tank Season 13 Episode 23. Through this product of Chill N Reel, you can enjoy a drink while catching fish, this drink prevents dehydration while catching fish.
Jake is the inventor of this unique product, he loves to catch fish and he goes fishing in his free time. If there is a drink at the time of fishing, then the fun of fishing increases even more, but in catching the fish, the drink has to be kept down.
The idea of this product came to him on a trip to Florida when he was roaming in the Gulf of Mexico and watching people catching fish.
To execute this idea, he moved to Oklahoma and started working on creating the drink holder design.
“I’ve been a fireman in Tulsa for 20 years. My side jobs have always been mowing yards or remodeling houses. When I came up with this I kinda gave all that up and started focusing on trying to make this a family business.”
After the product was made, the founder tied a thread in it to test it and started catching it, which was also successful. However, the drink used to fall while catching the fish.
What Is Chill N Reel?
Chill N Reel Oklahoma, United States Base is a startup company that manufactures Fishing Caching Cane. The official launch of this company was in 2017 and its prototype was made in 2018.
Its founder claimed that there were more than 50 people who came to buy their prototype from him.
Chill N Reel Shark Tank Update
|Company Name||Chill N Reel|
|Founder||Chris Diede, Jake Rutledge, and Chase Terrell|
|Product||Chill-N-Reel is the only drink insulator you can catch fish with and never need to set your drink down!|
|Asked For||$300,000 for 10% Equity|
|Final Deal||No Deal’s|
|Episode (Shark Tank USA)||Season 13 Episode 23|
|Air Date||May 13, 2022|
|Business Status||In Business|
|Net Worth||$3 Million *estimated|
Chill N Reel Contact Details
|Place||Oklahoma, United States|
Who Is The Founder Of Chill N Reel?
The Founder and Inventor of Chill N Reel are Jake Rutledge, a Tulsa Firefighter, and his family business. His father and brother have lived in the firemen.
Jake has worked very hard, he did many struggles to grow this business. From lawn mowing to restoring and renting out fixer-uppers, Jake is one of the hardest working guys you’ll ever meet. He’s a husband, dad to 3 athletic boys, and has coached a lot of baseball over the years.
Chase Terrell is the Director of Sales of this company since 2020, he has been associated with this company. It has worked with many companies such as Livable, and Oklahoma City Dodgers.
Chris Diede is the Marketing, Commercialization, and Ecommerce Guru of this company and he is associated with this company since July 2020. He is already running two companies Piper James, LLC, and MPIRICA Health, Inc.
Chill N Reel Before Shark Tank
Chill N Reel was started in 2017 but its official launch was done in 2019. He had sold 50 Chill N Reel at the time of launch, some to Firefighter.
In 2019, he had planned to boost his business but due to this pandemic of 2020, he had to cancel tradeshows.
In 2020, 5000 units of this company’s product were sold. Right now this company is growing slowly. He has come to Shark Tank to get funding so that he can grow the business.
Did Chill N Reel Get a Deal on Shark Tank?
Chill N Reel founder Jake has come to Shark Tank to get funding for the growth of his company. The founder had presented his product very well but shark means his sales and the people who need this product.
Mark Cuban, Robert Herjavec, Kevin O’Leary, Lori Greiner, and Daymond John will have to convince the founder to take the deal, after that he can take a deal from the show Shark Tank.
Sharks invest in the same business by having a good business plan, good financials, and sales data.
What Happened To Chill N Reel After Shark Tank?
Chill N Reel has featured in episodes of Shark Tank to raise funding so that it can expand its business. Founder Jake’s vision is to take his product to the entire United States so that he can enjoy fishing.
Where Can You Buy Chill N Reel?
To buy Chill N Reel, you have to visit Amazon and their official website. The current price of this product starts from $11.96 which you can buy direct from Amazon.
They sell things like T-shirts, stickers, hats, etc., which you can buy from their website.
What Is The Chill N Reel Net Worth?
Chill N Reel’s worth is quite good and he is slowly moving towards his goal. According to a 2019 report, the global fish caching equipment market value is $13,481.1 million.
This industry is growing very fast, if some reports are to be believed, then it is being estimated that the value of this industry can be $16,107.8 million in 2027.
The buyer rated this product 4.5 out of 5 on Amazon, which is unequivocally a good product. This product comes in different colors like Black, Blue, Orange, Pink, Purple, Red, etc.
Is Chill N Reel Still In Business?
Oklahoma, United States Base This company makes drink insulators so that the drink does not have to be kept down while catching fish.
More than 5 people in this private company are working now and slowly this company has started growing.
The founder of this company, Jake, and his unique idea have been featured in some news magazines.
My Opinion About Chill N Reel
It is a simple cane product with thread attached which makes it easy to catch fish. The same thread is fitted with the fishing hook that connects to the Cane. The fisherman can drink the drink in his Cane as he catches the fish.
After getting the fish in the hook, the thread has to be pulled, but there is no such facility in it, through which the thread has to be pulled with the finger.
Due to the pulling of the thread, sometimes the problem of cutting the finger becomes which is not good. To solve this problem, something should be used in this product that can pull the thread.
Shark Tank Air Date: 5/13/22 – Season 13 – Episode 23
Next, we will give you information about The Chill N Reel startup.