Rekkie Shark Tank Update (Season 15)

Rekkie is a smart ski goggle that provides the user with features like time, speed, compass, etc. The co-founders of this innovative smart product company are Henry, David, and Fletcher Pease.

The idea of ​​this product first came to Henry after an incident. One day Henry was skiing and then he got separated from his group and it became very difficult for him to find his group. He needed a product that could help them in this situation.

After a lot of research, “Rekkie” was born. Through this device, the user can explore the entire mountain without getting separated from their friends or group.

Henry built the hardware of this product. Anderson is a software engineer and created the backend software of the “REKKIE App”. Fletcher is a skateboard lover and he is the head of sales, finance, and accounting in this company.

David is the lead manufacturer, marketing, and operations of this company. Henry, David, and Fletcher Pease appear on Shark Tank Season 15 Episode 7 to expand their business by getting funding from the Sharks.

What Is Rekkie?

Rekkie is a smart ski goggle that shows time, speed, altitude, compass, and battery life status while you are skiing.

After wearing these smart ski goggles, you will see all the statuses on the glasses once paired with your phone. This is a great smart ski goggle that will help you find your friend or ask for help in dangerous situations.

Company NameRekkie
FounderHenry, David, Anderson, and Fletcher Pease
Founded2012
Productsmart ski goggles
Asked For$300k for 10% equity
Final Deal$300k for 12.5% equity
SharkMark Cuban Shark Tank Profile Mark Cuban
Episode (Shark Tank USA)S15 E7
Air DateNov 17, 2023
Business StatusIn Business
WebsiteVisit Website
HeadquartersNew York, New York, USA
Lifetime Worth (Sales)$175k *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Rekkie?

Co-founder of “Rekkie” company is Henry, David, Anderson, and Fletcher Pease. They started this company in 2022.

After completing his mechanical engineering degree, Henry Pease worked as a Research and Development Engineer at BMW in North America for 5 years.

How Was The Shark Tank Pitch Of Rekkie?

After entering the Shark Tank, Fletcher, Henry, and Anderson asked the Sharks for $300k for 10% equity and a $3 million valuation. They explained to Sharks how their Smart Ski Goggles product helps them skate in the snow.

So far in 2023, they have made sales of $175,000 and all sales have come directly from consumers. The making cost of the product is $100 and it is sold for $349. The customer acquisition cost is $120 but the average order value is $475.

Kevin O’Leary offered $300k for a 20% equity with the distribution of 20 cents for every dollar of income. Mark Cuban offered $300k for 15% equity, co-founders countered with 12.5% ​​equity, Mark accepted.

SharksOffers
Barbara Corcoran Barbara Corcoran No Offer
Kevin O'Leary Shark Tank Profile Kevin O’LearyNo Offer
Mark Cuban Shark Tank Profile Mark Cuban$300k for 15% equity
Daymond John Daymond JohnNo Offer
Lori Greiner Profile for Shark Tank Lori GreinerNo Offer
Final Deals$300k for 12.5% equity

Rekkie Shark Tank Update

Rekkie got funding in Shark Tank. Mark Cuban invested in this company. The co-founders said that they could make such technology products in the military space.

After this episode aired, many people ordered smart ski goggles and shared their reviews about the product on social media.

After entering the Shark Tank, the co-founders explained well to the sharks about “Rekkie” and told them about many things. They also told about the situation after which they started this business.

What Is Rekkie’s Net Worth?

Rekkie’s net worth is estimated at $1 million. Henry was the first to come up with the idea of ​​this business and he has succeeded in solving a real problem. He included his remaining friends in this business so that the business could be taken forward.

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
2023$175k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2023$300kMark Cuban

The “Rekkie” business was launched in July 2022 and its smart ski goggles have been featured in several media publications. After media publications, many ski lovers have purchased and used smart ski goggles.

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

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