Rapid Rope is a strong rope packaged in a shatterproof canister that features a built-in rope cutter. This design prevents tangling and makes cutting easier.
The company claims that the rope can support weights up to 1,100 pounds. A 120-foot length is priced at $24.95 and is available on Amazon and the company’s website.
Company Name | Rapid Rope | |
Founder | Geanie Rogers and Chris Rogers | |
Founded | 2017 | |
Product | Multi-use utility rope dispensing and cutting cannister | |
Asked For | $200k for 20% equity | |
Final Deal | $200k for 30% equity | |
Shark | Barbara Corcoran | |
Episode (Shark Tank USA) | S11 E12 | |
Air Date | Jan 19, 2020 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Eagle, Idaho, US | |
Lifetime Worth (Sales) | $2.5M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Geanie Rogers and Chris Rogers are the founders of Rapid Rope Company, which is a family business. Geanie works as a nurse, while Chris is a lineman.
How Was The Shark Tank Pitch Of Rapid Rope?
Geanie and Chris chose a zombie theme for their product presentation on Shark Tank, where they sought $200,000 for 20% equity. The business launched in 2017, and by 2019, it had achieved lifetime sales of $172,000, with 60% coming from retail partners like Duluth Trading and 40% from online sales.
The retail price is $24.95, the wholesale price is $14.97, and the production cost is $5.65. Although Rohan Oza did not invest, he promised to donate $10,000 to the school.
Barbara Corcoran offered $200,000 for 30% equity, but Geanie countered with a request for 25%. Barbara refused, and they ultimately accepted her original offer.
What Happened To Rapid Rope After Shark Tank?
Rapid Rope secured a deal on Shark Tank, with Barbara Corcoran investing in the business and planning to help expand it. Rohan Oza honored his promise by donating $10,000 to the school.
After their appearance on Shark Tank, Chris’s interviews were featured on several channels, boosting their business. In October 2021, the company launched a new mini canister that includes a 70-foot rope.
They participated in the Western Hunting Expo in February 2023 and, in June 2023, partnered with Lowe’s Home Improvement, making Rapid Rope available in Lowe’s stores nationwide.
As of September 2023, the company has achieved lifetime sales of $2.5 million.
Although several years have passed since the Shark Tank episode aired, there has been no official update from the show. Any available information will be posted here.
What Is the Net Worth of Rapid Rope?
Rapid Rope’s net worth is estimated at $1 million. The rope market is projected to reach USD 13.60 billion in 2023, indicating significant growth potential for the industry.
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 |
2017-23 | $2.5M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2019 | $200k | Barbara Corcoran |
The business is located in Eagle, Idaho, United States, and employs 5 to 10 people.
Yes, Rapid Rope is Still in business as of September 2023.