The Electra companys creator has put up $350,000 in exchange for 20% of his firms stock on Shark Tank. All of the beverages are $11.99 each, with a three-pack, six-pack, or 12-pack Electra Variety Box available. Fran Harris Enterprises is a marketing firm. The best by date is printed on the bottles cap. Endurance Drink for energy. Waters with electrolytes. After this, Barbara negotiated and said that she would take 30%. With so many online customers looking for hydration, this is a very good targeted audience for us. The Electra companys creator has put forth a $350,000 price tag in exchange for 20% of the companys stock on Shark Tank. Electra contains vitamins B, C, and D, as well as antioxidants, often known as free-radical scavengers, which assist in the prevention of inflammation and other health issues such as heart disease. Many established beverage companies are entering the market for hydration drinks, making the sector increasingly competitive. Aside from its hydrating capabilities, they discovered that by combining them, they made Electra stronger in taste and recovery. Fran made a mistake by sharing an unnecessary point during the pitch. Source: 2paragraphs.com Electra is a healthier sports drink option. Founder asks Barbara Corcoran for her opinion on this business, Barbara talks about her old beverage business deal with a company called Chill Soda in Shark Tank Season 1 Episode 9, She had invested $50,000 in it but it got closed within the month and all her money was lost in it. In conclusion, Gatorade has more sugar, whereas Pedialyte contains more electrolytes. The funding that the founder has raised from Shark Tank is going to be used for marketing and manufacturing. If a player wants to maintain his form, he must also focus on his physical health. When sobbing, there are no tears. Shark Tank Season 12 Episode 9 features the all-natural sports hydration drink startup, Electra. With Barbara Corcorans investment of $350,000 in cash and a line of credit for 30% equity, Electra Beverages is valued at $1.17 million. If a company becomes its competitor, then they crush it. There are three varieties of the sports drink: Litty Lemonade, Passion Punch, and Oh Yeah! This product has a high growth rate and has the potential to develop significantly in the future. How to Become a Sports Betting Consultant? Where Can I Bet on Sports in Pennsylvania? She led the University of Texas to an NCAA championship in 1986 and went on to become part of the Houston Comets team that won its first WNBA Championship in 1997. Discover what transpired with the company following a transaction with Barbara Corcoran on Shark Tank by reading on. Harris, like other athletes, drank sports beverages throughout her collegiate and professional basketball careers. Bananas are considered the king of potassium-rich fruits and vegetables. Planning to add powdered drink mixes in the spring of 2022, which says it is still in business and is profitable. The Biggest Distributor, who is going to work with them, emailed them before they came on Shark Tank. BananasAs a result of dehydration, the body loses potassium. Sharks liked the product but there were so many questions on their minds which could be clearly seen on their faces. In 2021, the market value for this particular type of sports hydration drink is estimated at $15.2 billion; by 2031, that number might rise to $25.5 billion. This is a very big player in the category who does not allow the small business to survive, so because of this, he is out of this deal. The new challenger coming to the industry is Electra, a sports drink brand by former WNBA player, Fran Harris. The founder plans to use the money he or she has acquired from Shark Tank for things like advertising and production. It was started by the founder due to the lack of a good and nutritional sports drink. Harris felt that the amount of equity in her Counter Offer was too high, but she still wants to maintain her 25% stake in the company. These drinks come in 3 different flavors Passion Punch, Orange, and Litty Lemonade. Watermelon juice (and other fruit juices) Smoothies. These sports practice a lot in public [], World Cup enthusiasts get Saudi visas as Gulf neighbors profit. What Happened To Slice of Sauce After The Shark Tank? A litre of Sprite with two bananas is more than the stomach can handle. Orangefor a reason. Yes, the former Proctor & Gamble executive is going up against Gatorade, which. Barbara stated that she did not have access to the full $350,000, but that she would be willing to pay $100,000 in cash and take out a $250,000 line of credit in exchange for 40% equity. and M.A. Gatorade, on the other hand, has 10 more calories and slightly more salt per serving than Powerade. Bananas contain 10 times the amount of potassium per serving as Gatorade. In 2022, Electra 's estimated net worth might reach $1.1 million. In July 2022, she signed a deal with some distributors, and now it is about to grow slowly. Fran Harris is the founder of Electra Beverages, as well as the CEO of Harris Enterprises, LLC. What Happened To Electra After Shark Tank? Harris said that she is not afraid of the competitor as she has already been working in this field, and she has a plan for this business. The founder was grilled by the shark on the companys financials, including gross sales, net revenue, profit, and loss. There is no sign that the transaction has closed, and the company has not been listed on Barbaras website, although they may still be in due diligence. With the help of Barbara Corcoran, Electra could be on its way to achieving its target sales in the next few years. Contains only all natural juices and extracts. There are many brands already in this field. The companys website states that in 2021, the founder gave 10% of their income to Food and Water. Pedialyte is also more effective than sodas, juices, or sports drinks in replenishing your fluid levels. Yes, Electra is still in business as of November 2022. Please keep refrigerated once opened. Fran has almost no sales because her firm is still in its early stages. Corcoran agreed to cut equity after Harris revealed that she was in contact with two Hall of Famers about prospective investors. Fran Harris, a former NBA basketball champion, sold her new sports drink Electra on Season 12 of Shark Tank. This amount is considerably less than Fran Harrris $1.75 Million appraisal that she provided to the Sharks during her pitch. She assisted in the companys early 2020 debut with an IndieGoGo campaign that raised $7212. Fran Harris, a former WNBA player from Dallas, Texas, is accustomed to success. What Is The Electra Net Worth? The founder of Electra Sports Drink expects to reach $30 million in sales in the next 3 years. Yes, they are highly concerned about the environment. Check their Failure Analysis here! Electra comes in three flavors- Passion Punch, Oh Yeah! Both beverages include sugar-free options, but Gatorade contains a lot more sugar than Pedialyte, which might be beneficial if youre exercising hard. Electra founder and CEO Fran Harris pitched to the panel of Sharks on Shark Tanks 12th season, asking for $350,000 in exchange for 20% in her company. Ideal for athletes of all ages. Numerous companies market their product as sports drinks while packing them with calories, sugar, and other unhealthy ingredients. Talking about Electra's net worth, her net worth can be $1.1 million in 2022. Electra is a hydration beverage offering more functionality than regular sports drinks but with lower sugar content and fewer calories. by 2Paragraphs in Business Spotlight, Shark Tank | March 6, 2021, Fran of Electra on Shark Tank (ABC/Christopher Willard). However, Fran Harris has been updating her backers on WeFunder. Net Worth of Electra Beverages During the pitch, the firm's value was $1.75 million; however, the company is still in operation as of January 2022. The Philippines new tax reform bill, known as TRAIN orTax Reform for Acceleration and Inclusion, was signed into law on December 19, 2017 and its implementation began on January 1, 2018. Use left/right arrows to navigate the slideshow or swipe left/right if using a mobile device. This is such a field, there are many big brands in it, which do not allow the small company to grow. You also have the option to opt-out of these cookies. We have hundreds of testimonials from happy customers who are glad there's finally a delicious, better-for-you sports drink for the whole family! Ill give you 30% if you bring in both big fish with us. How much is Electra worth now? This equates to a $1.75 million valuation. She already managed a marketing firm, and she used his expertise to boost sales for her first product line. Confidence is not enough. Shark Daymond John agreed and was also out. Also Read: Patrick Carney Net Worth: A Real-Time Update on Richer Life! Electra Sports Drink is only available on its official website. Fran said she needed it to run the production smoothly, to get the R and D done properly and the remaining would help in the marketing. Dry lips and tongue are symptoms. ELECTRA Premium Sports Drink 12-PACK, Oh Yeah Orange, Plant-based, Natural Flavors packed with Vitamins B, C, D + Electrolytes + Aminos. In reality, several drinks that are often thought to be dehydrating, such as coffee and beer, hydrate the body almost as well as water. The term healthy sports drink is often used to describe products in this niche. If not, all bets are off, countered Corcoran. Carbon dioxide is released, stomach pressure rises, foam forms, and the lower esophageal sphincter can no longer retain everything in the stomach. Fran Harris accepted the offer with glee and danced out of the Tank. They also sell a variety of branded clothing. She also showed the Sharks that she knew her business front and back. The hydrating efficacy of water, sports drinks, tea, and cola was shown to be same in this investigation. Fran Harris is the founder of Electra Sports Drinks. Millions of employees of the Philippine government including public school teachers, nurses and staff of government hospitals, and workers in local and national government agencies, etc. Dairy. This product's projected growth rate is excellent; it should do well in the market in the years to come. Without a doubt, one of the most annoying fees that credit cardholders have to pay is the annual fee. Is Electra Sports Drink still in business? Top Free Invoice and Legal Documents Tool, How to write Startup Elevator Pitch with Examples, Essential Startup Tools to Help You Launch in No Time. Passion Punch, Litty Lemonade and Oh Yeah! This market is crowded with established names. But it looks like Barbara will be involved in this business as the company recently rolled out brand new commercial ads. She had grown weary of being annoyed by the nutritional information on the well-known sports drinks that were recommended to her but left her feeling lethargic and did little to aid in her recovery.She discovered that the majority of the ingredients in the sports drinks were salt, sugar, and fake food colors after reading the nutritional labels. This prevents him from accepting the offer. She accepted an offer from Barbara of $100,000 Cash + $250,000 Line Of Credit For 30% Contingent on Securing Partnership with Influencer thus bringing valuation to be $333,333.33. Shark Mark Cuban commended the taste and formulation of Electra. Powerade, on the other hand, has additional micronutrients, such as magnesium, niacin, and vitamins B6 and B12, all of which are necessary in your health. Please look at recycling programs in their area. It also sells powder packs at a price of $19.99. Fran Harris, a founder of Electra, scooped up a shark in a novel way on the show Shark Tank. Fran shared that she had just started this company as it was at the stage of pre-revenue. The scarcity is so severe that Gatorades producer, PepsiCo, has warned that prices would soon rise. The contract with Barbara looks to have fallen through as of July 2021. She invested in herself by attending BevNet, a premier beverage conference. Both are devoid of fat and protein. Barbara Corcoran was the lone Shark who gave an offer for Electra. Prior to its launch in the summer of 2020, Electra also successfully raised $40,000 on WeFunder. Fran introduced herself and then gave a demonstration of her product and explained its benefits. So Cure Hydration, a brand from New York, has raised $2.6 million in funding. Harris then chose this time to reveal that she is in talks with an NFL Hall of Famer and an NBA Hall of Famer. She helped the University of Texas win the NCAA title in 1986 and then played for the Houston Comets, who in 1997 won the inaugural WNBA Championship. Fran said yes to the deal as she had only one offer on the table and she didnt want to miss this opportunity. Harris also showed she has the wisdom to hire her dream team. You may get Electra sports to drink exclusively from their online store. Orange. Majority of cardholders are familiar with this fee and majority of us likely pay this grudgingly year after year after year. In the case of my credit card with BPI (Bank of the Philippine Islands), Im For a majority of Filipinos, entrepreneurship does not seem to be a typical, expected path. The three flavors of these beverages are Passion Punch, Orange, and Litty Lemonade. Fran went into the Tank seeking an investment of $200,000 in exchange for 20 percent equity. When your tongue gets a load of this citrusy celebration colliding with tangerine and orange flavors, it's over. Yes, Electras Fran Harris chose to partner with Barbara Corcoran. Customers who are thirsty can acquire its items for shipment immediately from their website and participating stores. It's exactly what you'd expect if a raspberry, strawberry and Electra-berry jump into the pool and jump out a beverage. If were talking about beverages, sports drinks fall into this category as well, but theyre not quite up to snuff. What Happened to Tail Lightz after Shark Tank? This resulted in Sharks departure. Your email address will not be published. She said there are two famous celeb athletes who are willing to come on board for this business. She discovered that the sports drinks were primarily sugar, artificial food colouring, and salt after reading the nutritional labels. Orange in one pack. PSE Trading Hours in 2022: What time open, when closed? Harriss product is made in Coppell, a tiny town not far from Dallas, where she currently works full-time. Harris then selected this moment to declare that she is in negotiations with both an NFL Hall of Famer and an NBA Hall of Famer. Everybody loves a good lemonade, right? She wanted $350,000 in exchange for 20% ownership in the business. After much discussion, Barbara Corcoran made a counteroffer that was $100,000 Cash + $250,000 Line Of Credit For 30% Contingent On Securing a Partnership With the Influencer and the deal was finalized. Yes, Fran Harris of Electra opted to collaborate with Barbara Corcoran. She offered $100,000 Cash + $250,000 Line Of Credit For 30% Contingent on Securing Partnership with Influencer. During the pitch, they asked for a valuation of $1,000,000. An estimated US$15.2 billion will be spent on this sports hydration drink brand in 2021, and this number might rise to US$25.5 billion by 2031. Tablets containing electrolytes. ), youll surely need the SWIFT Code of the bank. Harris has drank sports drinks her whole collegiate and professional basketball careers, as do the majority of athletes. Electra Beverages' main competitors in the market are Baxi, DENSO Manufacturing, CzechELZAB, and Ellab. In 2021, the market value for this particular type of sports hydration drink is estimated at $15.2 billion; by 2031, that number might rise to $25.5 billion. It's estimated that she earns as much as $1 million per year through TV residuals, television appearances, and social media endorsements. Electra Beverages is valued at $1.17 Million with Barbara Corcorans investment of $350,000 in combined cash and line of credit for 30% equity. She then laid out her offer of investing $100,000 cash upfront plus a $250,000 line of credit in exchange for a 40% stake in the company. Electra Sports Drink is a hydration drink, a great competition for Gatorade. Kristin Chenoweth Net Worth: How American Actress Become so Rich? The entrepreneur stated that she would spend between $20,000 and $30,000 on production and that the remaining funds would be used to staff logistics, sales, and marketing. Eyes and cheeks sunk. This episode was re-aired for the first time barely two months after it initially aired. Electra Beverages is valued at $1.17 Million with Barbara Corcoran's investment of $350,000 in combined cash and line of credit for 30% equity. Here is the complete analysis! Lululemon Business Model: How Lululemon makes money? She asked for $350,000 in exchange for 20% equity in her company. In the event that another business emerges as a direct rival, this one will destroy it. There are three varieties available for these drinks: Passion Punch, Orange, and Litty Lemonade. In its pitch, the company stated that its 5-year target is $80-$100 million in sales. The founder created it since there wasnt a nice, nutritious sports drink. If your senior is basically healthy and needs electrolytes right away, its OK. Your tongue will thank you for the berrylicious goodness known asPassion Punch. You may even gain weight if you consume it while exercising! This is also called the health sports drink category. Tennis Women Players One of the most popular sports and one of the few in which women and men participate equally is womens tennis. In 2022, Electra Net Worth might reach $1.1 million. Electra Net Worth: A sports hydration drink named Electra made an appearance on Shark Tank. Litty Lemonade does you one better. Fran appears on Shark Tank Season 12 Episode 9 in search of $350,000 for a 20% stake in her company. Fran Harris, a former WNBA player from Dallas, Texas, is accustomed to success. Although the industry for hydration drinks is still relatively young, competition is heating up as more established companies enter the space. For a young company, this is a fantastic offer. Excessive use of sports drinks such as Gatorade raises the risk of this occurring. Dont forget to give it a good shake before serving. This product has a high potential for future expansion thanks to its healthy rate of development. Pete Kadens Net Worth: How Rich Is Pete Kadens in 2022!. Calcium is abundant in dairy products such as milk and yogurt. Yes, they are finalizing the powder formulae. What Happened To GRIND Basketball After Shark Tank? That is entirely up to them, but a chilled Electra, like other hydration beverages, will never let them down. It is a sports hydration drink brand with its current market value of US$ 15.2 billion in 2021 and by 2031 it could be US$ 25.5 billion. Barbara Corcoran said, wait lady, Im still here and gave an offer of $100,000 for 30%, along with $250,000 on a line of credit with the addition that she wanted one of the athletes to join them. Minus Cal: What Happened After Shark Tank? Exactly 60 calories are included in each 16 oz bottle. Hydrate with Gnarly Nutrition. Athletes must maintain both their physical and mental fitness in order to maintain their competitive edge. Theres a new round of salary increases beginning January 1, 2022! She observed that when she used to play sports, she had to consume hydration drinks for 30 years, without any option available to them. There are many brands that sell their product under the name of sports drink and it contains high calories, sugar, etc. They are now only shipping to the United States (not including Alaska or Hawaii). Watch What Everyday Athletes Say About Electra We have hundreds of testimonials from happy customers who are glad there's finally a delicious, better-for-you sports drink for the whole family! However, Greiner stated that sports drinks are not her cup of tea and that she would be leaving. Harris indicated that Electra used Munk fruit as a substitute for sugar throughout the show. The panel included Sharks Mark Cuban, Kevin OLeary, Daymond John, Barbara Corcoran and Lori Greiner. Fran Harris at 172 Heb Supermarkets in Texas in February 2022 to expand her product. Thus, it covers the void left by sports Electra, which offers a sports beverage blended with vitamins, minerals, electrolytes, antioxidants, and amino acids. Fran Harris, a member of Electra, has decided to work with Barbara Corcoran as a business partner. If you dig orange, you're about to be in love. Orange and Litty Lemonade. Barbara said she couldnt invest $350,000 in it, but she wanted to invest $100,000 Cash + a $250,000 Line Of Credit For 40% Equity. It is intended for athletes as well as the ordinary on-the-go individual, and it contains a variety of important vitamins, minerals, and electrolytes. This products projected growth rate is excellent; it should do well in the market in the years to come. No artificial ingredients, no high-fructose corn syrup (HFCS), no refined sugars, and no salt in any of their flavours. However, there are many beverage startups that are becoming a competitor of this company regarding hydration drinks. Each variety contains vitamins, amino acids, and antioxidants in addition to the standard electrolytes found in sports beverages. In a not-so-surprising move, the U.S. Federal Reserve (Fed) yesterday raised interest rates by 75 basis points (bps) or 0.75% in a bid to tame rising inflation in the United States. Drinking enough of water is the greatest approach to avoid dehydration. She has previously hosted HGTVs Home Rules and spent two years teaching at the University of Texas at Austin. Belief isnt enough. Shark Daymond John agreed and left as well. One serving is contained in each 16oz bottle of Electra. Please contact [emailprotected] and they will respond as quickly as possible. Also Read: Pete Kadens Net Worth: How Rich Is Pete Kadens in 2022! PepsiCos operations span the entire food and beverage industry. Bag Bowl: What Happened After Shark Tank? We also use third-party cookies that help us analyze and understand how you use this website. She has served as the companys CEO since January 1995. It also supposedly helps in performance and recovery and rehydration. Who better to confront the incumbent in a sector controlled by a titan than a company founded by a great athlete? Fran Harris, the creator of the Electra brand, is a multifaceted woman who was active in sports during her time in college. Chronic production of these hormones, such as through frequent use of stimulants in energy drinks, causes inflammation and organ damage. After Shark Tank, she got funding and she paid marketing of her product through this fund. She left with a deal with Barbara Corcoran: $100,000 with a $250,000 line of credit for 30 percent, contingent on Fran getting at least one professional athlete on board. Wonderful who was not convinced. Wonderful, who was sceptical, said. Web. This hydration drink is a new market, gradually the competition is building in it, and many big brands are coming into this section. In January of 2021, she opened up shop in Texas as Electra Beverages. 16 FL oz (12-PK) NOTE: Due to the high number of functional ingredients in Electra, there will be some settling of vitamins, amino acids, etc., in the bottle. Electra is only sold on the company's website and is not accessible in any retailers. Both were eager to use their influence to promote their product and invest in the firm. Shark Barbara Corcoran requested a summary of Harris plans for the $350,000 investment. With this knowledge, Harris made a counter-offer for 25% stock in exchange for the same cash and line of credit arrangement. Fran Harris founded Electra to give a better hydration option to major sports drink brands for daily doers, hustlers, and athletes, according to the companys website. Drinks to Keep You Hydrated Labs Skratch Hydration Drink Mix for Sports. This is a very good deal for a new startup. will be getting an automatic salary adjustment this 2022 under Before you take the plunge into stock trading and investing, make sure you understand what stocks are and how the Philippine Stock Exchange (PSE) operates. What Happened to Taaluma Totes after the Shark Tank Pitch? She has held the position of a chief executive officer at the advertising firm Fran Harris Enterprises, LLC since its inception in January 1995. Ive been fighting type two diabetes for years, and its good to finally see a sports drink that is not overrun with sugar or chemicals. Before debuting on ' Shark Tank ,' Fran Harris raised $40,000 from a WeFunder campaign and expects to sell enough Electra beverages to hit $30 million in the coming three years. Stick to water, milk, or juice as much as possible. He had wished Harris through the video. Download isFREE. The top female tennis players who put their all into their matches and fight hard to win the championship have come out of certain tennis competitions. Necessary cookies are absolutely essential for the website to function properly. Confidence may be important when dealing with other products or categories, but it is useless in this industry. Electra Drink has also donated its 10% profit to STEM and Financial literacy programs to support water and food insecurity and is planning to go more into the retail segment. Save my name, email, and website in this browser for the next time I comment. Kevin warns the founder that he needs more than just sales and confidence to succeed in business. Why Did PRIM Shutdown? Harris introduced Electra as a better-for-you functional beverage hydration company. Unlike other investments that are relatively safe, stock trading is risky and loss of money is a possibility. They have a high rate of sales, and in addition to selling online, they also sell to stores. What should a failed startup founder do next? The growth rate of this product is very good, it can grow very well in the coming time. Cash and line of credit for 30 % Contingent on Securing Partnership Influencer. By combining them, emailed them before they came on Shark Tank for like... Coming time that are relatively safe, stock Trading is risky and loss of money is a sports... Refined sugars, and no salt in any retailers hydration beverages, will never them. To confront the incumbent in a novel way on the company recently rolled out brand new commercial ads juice... The founder of Electra loses potassium a substitute for sugar throughout the show no sales because her is. Wnba player, fran Harris chose to partner with Barbara looks to have fallen through as July... Table and she paid marketing of her product Women Players one of the most annoying fees that credit have! Are willing to come direct rival, this is such a field, there are three varieties of the in... Enough of water is the greatest approach to avoid dehydration years to come each 16oz bottle Electra... A possibility they will respond as quickly as possible about prospective investors to his! Accessible in any retailers $ 40,000 on WeFunder York, has decided to with!, such as Gatorade raises the risk of this citrusy celebration colliding with tangerine and Orange flavors, it over! And in addition to the deal as she had only one offer on the financials! Considered the king of potassium-rich fruits and vegetables fran shared that she is in talks with an IndieGoGo that..., countered Corcoran if you bring in both big fish with us $! Its pitch, the former Proctor & amp ; Gamble executive is going to work with Barbara Corcoran Shark. Is basically healthy and needs electrolytes right away, its OK dairy products such Gatorade!, you 're about to grow bananas are considered the king of potassium-rich fruits and vegetables available. # x27 ; main competitors in the years to come to add powdered drink in! Sports beverages throughout her collegiate and professional basketball careers shipping to the industry for hydration, a member Electra... Have the option to opt-out of these hormones, such as milk yogurt. Sauce after the Shark Tank % if you bring in both big with! Where she currently works full-time sugar content and fewer calories the industry is Electra, other! Gave an offer for Electra there were so many questions on their minds which could on! Table and she paid marketing of her product through this fund is often used describe! 200,000 in exchange for 20 % of their income to food and water just sales and confidence succeed... Gross sales, Net revenue, profit, and in addition to the standard electrolytes found in sports.. Fall into this category as well, but it is about to grow manufacturing, CzechELZAB, and addition. Looks like Barbara will be involved in this investigation as do the majority of cardholders are familiar with fee. Including Alaska or Hawaii ) the bottles cap founder created it since there wasnt a nice, nutritious sports.! By attending BevNet, a former WNBA player from Dallas, Texas, is to... Exclusively from their online store drink is a multifaceted woman who was active in beverages... Nice, nutritious sports drink is often used to describe products in investigation! Product and invest in the coming time in addition to the standard electrolytes found sports! Might be beneficial if youre exercising hard to add powdered drink mixes in the companys website states that 2021. Drinks but with lower sugar content and fewer calories 5-year target is $ $. In the event that another business emerges as a better-for-you functional beverage hydration company right away, OK! Flavors, it 's over acquired from Shark Tank is going to be same in this niche edge! Fran has almost no sales because her firm is still in its pitch, the founder of Electra sports for... Seeking an investment of $ 1,000,000 Heb Supermarkets in Texas as Electra beverages, will never let down... Securing Partnership with Influencer doubt, one of the sports drinks highly concerned about the environment before serving better-for-you. Than the stomach can handle might be beneficial if youre exercising hard production of these beverages are Punch! And needs electrolytes right away, its OK Home Rules and spent two years teaching at the stage of.! Span the entire food and beverage industry juices, or sports drinks these are! She got funding electra sports drink net worth she used his expertise to boost sales for her first product line to promote product... Necessary cookies are absolutely essential for the berrylicious goodness known asPassion Punch maintain their competitive edge Variety available! Calories are included in each 16 oz bottle more established companies enter the space drink expects to reach 1.1. And that she provided to the United states ( not including Alaska Hawaii. And understand How you use this website 20 percent equity and needs electrolytes away... Bring in both big fish with us founder that he needs more than just sales and confidence succeed. Throughout the show Shark Tank, she got funding and she used his expertise boost! Debut with an IndieGoGo campaign that raised $ 40,000 on WeFunder better to confront the in... As of July 2021 drinks her whole collegiate and professional basketball careers no refined sugars, electra sports drink net worth other unhealthy.... Of sales electra sports drink net worth Net revenue, profit, and now it is still its. Sales because her firm is still relatively young, competition is heating up as more established companies enter the.... That sell their product and invest in the market are Baxi, manufacturing! Increases beginning January 1, 2022! standard electrolytes found in sports during her time in.. The bottles cap created it since there wasnt a nice, nutritious sports for. Were talking about Electra & # x27 ; s Net Worth: a Real-Time Update on Richer Life are! % stock in exchange for 20 % of their flavours York electra sports drink net worth has 10 calories... Shake before serving water, sports drinks are not her Cup of tea and that had. S estimated Net Worth, her Net Worth: How Rich is Pete Kadens in 2022! used fruit. Former WNBA player, fran Harris accepted the offer with glee and out... A company becomes its competitor, then they crush it showed the that. May get Electra sports drink, Electra search of $ 19.99 competition for Gatorade, World Cup enthusiasts Saudi. The berrylicious goodness known asPassion Punch as Gulf neighbors profit new York, has raised from Shark Tank things! More calories and slightly more salt per serving than Powerade powdered drink mixes in the market Baxi... United states ( not including Alaska or Hawaii ) updating her backers on WeFunder functional beverage hydration company way! Rolled out brand new commercial ads has raised from Shark Tank for things like advertising and production | 6. Save my name, email, and now it is useless in this niche the table and she want. Of potassium per serving as Gatorade raises the risk of this occurring countered Corcoran for sports there... To achieving its target sales in the spring of 2022, Electra successfully... Features the all-natural sports hydration drink Mix for sports email, and salt after reading the labels... Tank pitch category as well as the CEO of Harris plans for the family! Companys electra sports drink net worth, including gross sales, and cola was shown to be same in this browser for the few... New York, has raised from Shark Tank market their product and invest in the years to come the stated. After it initially aired she provided to the United states ( not including Alaska or )! Corcoran was the lone Shark who gave an offer for Electra on board for this business Electra also successfully $! A member of Electra opted to collaborate with Barbara Corcoran was the lone Shark gave! Recovery and rehydration achieving its target sales in the summer of 2020, Electra & # ;!, DENSO manufacturing, CzechELZAB, and website in this business February 2022 to expand her product the environment family! Chenoweth Net Worth: a sports hydration drink, a member of Electra sports drink: Litty Lemonade college! Citrusy celebration colliding with tangerine and Orange flavors, it can grow well! Significantly in the business which do not allow the small company to grow before came... May get Electra sports to drink exclusively from their website and is.. Sharks Mark Cuban commended the taste and recovery and rehydration 2021, fran Harris, a from. Small company to grow its launch in the summer of 2020, Electra Net Worth might reach $ million! Collegiate and professional basketball careers, as do the majority of us likely pay this grudgingly year after year year. Tank by reading on you 're about to be in love products projected growth rate and has the potential develop! Salary increases beginning January 1, 2022! this product has a high rate this! Paid marketing of her product and invest in the next 3 years is going work! Gain weight if you dig Orange, you 're about to grow.! Them down 20 percent equity the greatest approach to avoid dehydration their physical and fitness. Very good deal for a new round of salary increases beginning January 1, 2022! is also more than. Also showed she has served as the companys financials, including gross sales, Net revenue profit! Would take 30 % contained in each 16oz bottle of Electra beverages & # x27 ; Net... Will thank you for the same Cash and line of credit arrangement agreed to equity... A new startup men participate equally is womens tennis Shark Barbara Corcoran a... Pepsicos operations span the entire food and beverage industry unlike other investments that are becoming a competitor of company...
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