Liberate Shark Tank Update (Season 13)

Liberate Los Angeles Base is a mental health fitness studio designed to promote happiness by reducing stress, loneliness, anxiety, and depression. Launched in 2020, the studio offers both digital wellness and fitness services.

The platform provides both paid and free classes, which can be accessed by downloading the app. Classes range from 15 to 60 minutes, focusing on improving mental health to enhance overall well-being.

The company offers services for individuals and corporations, with a 7-day free trial membership that grants full access to paid features.

New classes are added weekly, with fresh programs every month, along with live weekly sessions and access to wellness community groups. The subscription costs $19 per month or $99 annually.

 Another Shark Tank Pitch

• Max Pro
• Banana Loca
• Liberate
• Tenikle

Did Liberate Get a Deal on Shark Tank?

Liberate founder Olivia Bowser asked for $200,000 in exchange for 10% equity in the company to help grow the business.

Robert Herjavec: Robert said he likes the business but noted that it’s still in the early stages and hasn’t scaled much. Because of this, he is out.

Mark Cuban: Mark praised the business for being on-trend, meeting a need, and offering value but said it was underpriced. He felt it would be impossible for anyone to invest under these conditions, so he’s out.

Daymond John: Daymond expressed that he likes the business and sees potential for future growth, but because it’s still early, he’s unable to invest at this stage.

Lori Greiner: Lori stated that she likes the business but is struggling to understand it fully, and therefore, she is out.

Kevin O’Leary: Kevin said the idea lacks merit and hasn’t yet attracted investors, so he is also out.

Liberate Shark Tank Update

Liberate did not secure a deal on Shark Tank. The founder, Olivia Bowser, pitched her product well to the sharks, but they ultimately decided not to invest.

After the episode aired, many people shared their thoughts on Twitter, with most expecting the sharks to invest in the business.

Daniel Lubetzky also weighed in on the idea, offering his perspective.

Liv had such positive energy. Liberate has potential. My Shark friends threw her off her game @ the outset and she never recuperated. Yes, valuation was too high – she is just at concept phase. But, entrepreneurs, never show desperation. It pushes off investors. #SharkTank

@DanielLubetzky

As of December 2022, not much has changed for the business. The website for mental exercise still has very few visitors, though the company has over 21,000 followers on its official Instagram account.

During the Shark Tank pitch, Olivia highlighted the company’s low sales, which led all the sharks to pass on investing, each citing their reasons.

Despite this, Olivia remains committed to growing her business, Mental Fitness Studio, and continues to work on expanding it.

What Is Liberate Net Worth?

Liberate is estimated to be worth $1 million but has grown slowly since its inception. Most of its sales come from corporate clients. The founder should consider marketing the service at a more affordable price to attract a larger customer base.

Yes, Liberate is still in business as of April 2024.