Overplay Shark Tank Update (Season 15)

Dan Projansky and Caroline Strzalka both asked the Sharks for $500,000 for 2.5% equity at a $20 Million Valuation for their company Overplay Games after appearing on Shark Tank Season 15 Episode 18. Dan founded this company in January 2017 and Caroline joined this company in July 2020.

According to some sources, New York-based private gaming company Overplay Games had raised $3.1 million by Oct 2023 from +1200 investors. As of March 14, 2024, they have so far raised $108,185 from 8 investors in WeFunder.

What Is Overplay Games?

Overplay Games is a software application that converts Video into video games. 100k+ downloads of this app have been completed on Android Playstore and approximately 50k+ downloads have been done on Appstore.

The overall rating on Playstore is 2.5 stars and on Appstore, it is 3.9. The app has many real video games like car racing, jumping, football, basketball, and more. In this, the video will play automatically, just click on Left, Right, Up, or Down at the right moment and you will get an alert on the screen whether you have clicked correctly or not.

Company NameOverplay
FounderDan Projansky and Caroline Strzalka
Founded2017
ProductConverts 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
SharkMark Cuban Shark Tank Profile Mark Cuban
Episode (Shark Tank USA)S15 E18
Air DateMarch 15th, 2024
Business StatusIn Business
WebsiteVisit Website
HeadquartersNew York, USA
Lifetime Worth (Sales)$1M *estimated
Buy and WatchBuy NowAmazon 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 Chief Operating Officer of the Company.

How Was The Shark Tank Pitch Of Overplay?

After entering the Shark Tank, Dan and Caroline asked the Sharks for $500k for 2.5% equity. The Sharks were surprised to hear the $20 million valuation and are hopeful that the company’s sales will justify this valuation.

Their platform has millions of gameplays and 150,000 downloads but they are going to monetize the app next year (2024). The surprising thing is that they raised $3.7 million before Shark Tank by giving 20% ​​equity.

They currently have $750,000 cash left in the bank and have burned through $3 million so far. Barbara Corcoran refused to invest in this business. Jason said that he had a friend who was working with such a business idea and he invested in that business and ended up losing all the money. Because of this reason, he is out.

Mark Cuban offered $500k for 15% equity. Dan countered Mark $500k for a 3.25% equity + .75% in advisory share. Mark made another offer of $500k for 4% equity + Overplay pays Mark $500k to Promote & Create Content for Overplay. Dan and Caroline accepted this offer.

Sharks Offers list!

SharksOffers
Jason Blum Jason BlumNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’LearyNo Offer
Mark Cuban Shark Tank Profile Mark Cuban$500k for 15% equity (#1)
$500k for 4% equity + Overplay pays Mark $500k to Promote & Create Content for Overplay (#2)
Barbara Corcoran Barbara CorcoranNo Offer
Lori Greiner Profile for Shark Tank Lori GreinerNo 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

What Happened To Overplay After Shark Tank?

Overplay gets deal on Shark Tank, Mark Cuban invests $500k for 4% equity at $12M valuation. Mark signed an interesting deal with this company through which he will get back his investment money.

Overplay Shark Tank Update

Dan and Caroline explained their business and applications very well to the Sharks. They need investment so that they can grow the company. According to me, this is the worst game application when I started playing the game I didn’t even like this app.

Whether you click on the screen or not, the video game will keep playing until it ends, you will not even feel that you are playing a game. Many players have noticed bug and glitch issues in the game.

What Is Overplay’s Net Worth?

Overplay’s net worth is estimated at $0.6 million. We do not think that this company will be able to sustain itself in the future as it is currently. Many players are uninstalling this mobile app.

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.

YearsAnnual Revenue
2024 *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2023$500kMark Cuban
2017-22$3.7MN/A

Is Overplay Still In Business?

We are currently following the co-founders and their company closely 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 this company is in New York, United States and it has 11-50 employees.

Yes, Overplay is still in business as of March 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.