electra drink shark tank update
#sharktank, — Daymond John (@TheSharkDaymond) January 9, 2021, If I only invested in the entrepreneur I’d be all in on her. I loved where @barbaracorcoran was coming from…investors need to look at their past to preserve their future…Congrats on the deal @barbaracorcoran! She is seeking $200,000 in exchange for 20% equity in the company. January 10, 2021 January 11, 2021 Andrew Smith Barbara Corcoran, Electra Beverages, Season 12. We may receive a commission from any items bought through a link on our site. One way Electra Drinks stands out from the crowd is that it’s sweetened with Munk Fruit, an alternative to traditional artificial sweeteners. She will pitch her new hydration beverage, ELECTRA Ⓡ on ABC's hit business reality show, Shark Tank, Friday, January 8, 2021 at 8 pm est. Before Shark Tank. Julia Cheek, founder and CEO of EverlyWell, entered the ‘Shark Tank’ seeking $1 million in exchange for 5% equity in the company. Join over 100,000 of your peers and receive our weekly newsletter which features the top trends, news and expert analysis to help keep you ahead of the curve. If you’ve been wondering what the sports drink company has been up to since it was pitched in the tank, our Electra Beverages update has you covered. by Kari. Orange and Litty Lemonade, Electra … Harris beat out 30,000+ applicants to land a spot on Shark Tank, and hopes she fares as well as many alums of the show. Our comments are moderated. On the show, Harris stated that Electra uses Munk fruit as a natural sweetener. Because the business is brand new and does not have any sales, cash (approximately $20,000-30,000) is needed for the first production run. This article was written for Business 2 Community by Jennifer Weyant.Learn how to publish your content on B2C, Jennifer is a manager and trainer by day and a blogger and editor by night.… View full profile ›. While the Sharks are very impressed with Fran as an entrepreneur and admire her confidence and drive, they are very concerned about trying to compete in the beverage market. However, Fran did find herself with an offer from Barbara Corcoran of $100,000 and $250,000 as a line of credit in exchange for 40% equity. Electra is 16 oz of absolute delish! Electra made its Shark Tank TV Show debut Friday, January 8, 2021 at 8 pm est on ABC. COVID brought it all to a screeching halt, the Final Four, the suppliers and raw materials. January 6, 2021. Electra on ‘Shark Tank’ (ABC) Who is WNBA champion Fran Harris? Seeking $250,000 in exchange for 20% equity in Electra Beverages, Fran came to the Shark Tank in hopes of landing a Shark that can help her break … Electra Beverages appeared on Shark Tank Season 12 on January 8, 2021 and left the tank with a deal from Barbara Corcoran. They wanted to create a healthy drink that would create alpha brain waves and reduce stress. Former WNBA champion and entrepreneur Fran Harris took her sports drink to the Sharks on ABC's Shark Tank to see if she could get an investment. Powder versions scheduled to ship in Q1. Electra is 16 oz of absolute delish! Do you think that Barbara made a wise decision to invest in this company? On tonight’s episode of Shark Tank, former WNBA player Fran Harris makes a pitch for her new sports drink brand Electra. According to the company website, they have since switched to NCZ Sweet, which is a natural, zero-calorie sweetener made from fermented sugarcane. She created Electra Beverages because she felt there was too much sugar in the $23 billion, Gatorade dominated sports hydration drink … Electra Beverages Update | Shark Tank Season 12. Despite a solid pitch and lots of love from the sharks, most of them weren’t interested in entering the competitive market of beverages and opted out. However, the sports drink didn't impress them at all. How was their shark tank pitch? . (ABC/Christopher Willard) From major leaguers to frequent gym goers, everyone needs hydration. Although she is very confident, she does need a cash infusion from a Shark as Electra Beverages is a new company that is just getting started. The Sharks will find out tonight! If you were a Shark, would you invest in Electra Beverages? Shark Tank: Misfit Foods, Chill Systems, Tandem Boogie, and Totes Babies, Shark Tank: Simply Good Jars, Pinch Me Therapy Dough, Muff Waders, and Busy Baby Mat, Shark Tank: Pinch Me Therapy Dough Accepts $300,000 From Robert Herjavec, Image: The Jeffrey Dahmer Files Is Now On Netflix Streaming, Image: 49 Preppy Baby Names Destined For The Ivy League, Image: How to Make Inexpensive Flower Plate Garden Art, Image: Shark Tank: DrainWig Accepts $300,000 Offer from Kevin O'Leary, Image: 25 Baby Names That Spell Career Success, Image: World Elephant Day: 12 Charities and Stores That Are Helping Save Elephants, Image: Kickboxing Styles Around the World. Fran agrees to Barbara’s offer and her contingency. ElectraⓇ contains no artificial colors or ingredients, and is packed with vitamins, amino acids, antioxidants and electrolytes for prehydration, performance, recovery and rehydration. WNBA Champion Bounces Into Shark Tank with New Sports Drink, ELECTRAⓇ ... Harris beat out 30,000+ applicants to land a spot on Shark Tank, and hopes she fares as … Being in the sports world herself, Fran recognized the need for a healthier alternative to the sports drinks currently on the market. Let me tell you it was a thrill to be grilled by Mark, Lori, Mr. Not-So-Wonderful, Damon and of course, landing Barbara Corcoran. Most Sharks backed out of making a deal, despite being impressed by Julia’s pitch and business model. Start the dialog in the comments below. Electra Beverages on ‘Shark Tank’: 5 … Who’s thirsty for this electrolyte charged sports drink? DALLAS, Dec. 30, 2020 /PRNewswire/ -- There's a new sports drink entrepreneur in town, and she's got game. After its appearance on Shark Tank, Electra Beverages has been able to launch its product on its website and is in the process of getting the drink to retail locations. Dallas native and former WNBA star, Fran Harris is taking on the $23 billion dollar sports drink industry. 'Shark Tank' Update: ... Get Your Digital Drink on With Robot-Crafted Cocktails. Fran Harris wants the Sharks to drink up and invest in Electra, her healthy sports drink, in Shark Tank episode 1210. Electra Drinks appeared on Shark Tank Season 12 Episode 9 and was pitched by founder and creator Fran Harris, a former WNBA player. What happened to Electra after Shark Tank? Fran Harris, led the University of Texas' to a 34-0 NCAA championship in 1986, and played on the Houston Comets' first WNBA championship team in 1997. It was the first ST episode of the new year and we didn't disappoint. Launch Electra on April 4, 2020, at the NCAA Women’s Basketball Final Four in New Orleans. During her career as a professional athlete, Fran Harris had tried many sports drinks. Barbara offers to invest $100,000 while also making $250,000 available as a line of credit, pending the partnership with at least one of Fran’s anonymous athletes. In the episode, Jim discussed the current status of the company. Search the complete list of episodes and pitches for news, reviews, outcomes and updates on the entrepreneurs and businesses from ABC's Shark Tank. Electra: What Happened To Sports Drink After $350,000 Barbara Corcoran Shark Tank Deal. Now, the founder and CEO at Dallas- and Austin-based CPG sports drink and lifestyle company Electra Beverages is getting the chance to pitch her product to the investors of ‘Shark Tank… In exchange, Barabara will get 30% equity in Electra Beverages. Barbara Corcoran and Fran Harris (ABC) A new beverage drink popped up on 'Shark Tank' but not too many people were happy with it. ⚡️ #SharkTank, — Shark Tank (@ABCSharkTank) January 9, 2021. How was Luma Soda Shark Tank pitch? That last step of the game plan remains in limbo. When Dallas founder Fran Harris walked out under the stage lights of the hit ABC show ‘Shark Tank,’ she was looking for an investment to get her CPG startup Electra Beverages off the ground. The ultimate Shark Tank fan site. © Business 2 Community. However, despite creating the product, when Electra Beverages appeared on Shark Tank Fran hadn’t sold a single bottle. Fran Harris with Electra will appear on Shark Tank to pitch her line of beverages. But not finding any healthy enough, she decided to create her own. Search the complete list of episodes and pitches for news, reviews, outcomes and updates on the entrepreneurs and businesses from ABC's Shark Tank. January 6, 2021. Now, the founder and CEO at Dallas- and Austin-based CPG sports drink and lifestyle company Electra Beverages is getting the chance to pitch her product to the investors of ‘Shark Tank’ at the beginning of next month. DALLAS, Dec. 30, 2020 /PRNewswire/ -- There's a new sports drink entrepreneur in town, and she's got game. Dallas native and former WNBA star Fran Harris made her debut on the business reality television series and impressed Sharks with her salesman skills. 5 Facts on Electra from Shark Tank. Aleesha and Faheem the CEO and CFO appeared on season 12 of shark tank, they went there to seek an investment of $200,000 for 10% of the equity. Fran Harris will pitch her sports drink line Electra on ABC's Shark Tank Friday. Love her straightforwardness, strength & confidence. Now, she’s bringing her new venture to the Shark Tank. . 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. Here’s a quick look at what Fran Harris and her sports drink company is up to now! Electra Sports Drink » Shark Tank News, Reviews, Outcomes and Updates Fran is committed to creating a better-for-you sports drink that does not contain sugars and artificial dyes and ingredients like their competition. Dallas native and former WNBA star, Fran Harris is taking on the $23 billion dollar sports drink industry. The Sharks gave the entrepreneur some suggestions regarding how to … In addition to basketball, Fran is a fitness afficianado. Electra Sports Drink update after $1.17 Million Shark Tank valuation January 23, 2021 January 23, 2021 / Shark Tank Updates The sports beverage industry is a billion-dollar industry ruled by the world’s most popular sports drink, Gatorade. An additional $30,000 would be needed for research and development and she would also like to hire someone to assist with logistics, sales, and marketing. And I feel good giving it to them. According to the episode synopsis, Harris “knows what athletes want when it comes to sports drinks.” The goal of the company is to provide “supernatural and healthy hydration,” according to the company site. Shark Tank: Electra Beverages Accepts $100,000 From Barbara Corcoran. Jim Ottosen was seeking $500,000 for 20% equity. For updates on the other companies that appeared on Shark Tank Season 12 Episode 9, be sure to check out the links below: For more Season 12 company updates, be sure to check out our Season 12 products page! WNBA Champion Bounces Into Shark Tank with New Sports Drink, ELECTRA Founder Fran Harris, offers "supernatural hydration " for everyday athletes. With three tasty flavors and more on the way, you've never had hydration like this. Fran Harri, former NCAA (Texas) and WNBA basketball player (Houston Comets), is pitching her new sports drink Electra on Season 12 of Shark Tank and in front of NBA Mavericks owner Mark Cuban. By Electra Beverages, LLC Because Fran disclosed that she had several all-star pro athletes lined up who were willing to invest and promote the business, Barbara’s offer is contingent upon one of them joining their team as an investor. Harris is a former WNBA Basketball star who claims to have consumed “tons of hydration drinks over the past 30 years” is not only a WNBA Champion, she’s a former health & beauty sales executive with Proctor and Gamble. A lot of people get that hydration from sports drinks. Vivid Black Football, Plexus Chirp Wheel for Back Pain, Stretches and Strengthens Core Muscles, Relieves Strain to Muscles and Ligaments, Helps Prevent Herniated/Bulging Discs, Arthritis, and Osteoporosis, ProsourceFit Acupressure Mat and Pillow Set - Grey, (3 Pack) Ketogenix Keto Max Pills Shark Tank Advanced Weight Loss Puretonics VIP Tablets Ketogenic As Seen On for Women Men Supplements (180 Capsules). Do you think it is possible for Electra Beverages to make a name for themself in the competitive sports drink and beverage industry? After Shark Tank – 2018 Business Update. She runs in competitive races and is in very good shape. Available in three flavors – Passion Punch, Oh Yeah! So, she created Electra, a sports drink that has less sugar, sodium, and artificial colors in it than other drinks on the market. We created ELECTRA for everyday doers, hustlers and athletes. Every bottle is packed with vitamins, minerals, electrolytes, antioxidants and amino acids to help you electrafy your hustle! But I also have to be passionate about the product. For now, that’s the only Electra Beverages update we have, but if we get more news, we will be sure to update this page! Although this is a very competitive market, Fran feels confident that her company, Electra Beverages, is capable of making a space for itself in the market. If they do not, the entire offer is revoked. Everything had been finalized though, and she was hoping to secure a partner in the sharks and some money for production, logistics, sales, and marketing. Cooler space is nearly impossible to get and the competition has major financial backing which makes it very difficult for new brand entry into the market. Powder versions scheduled to ship in Q1. Luma Soda appeared in Episode 19 of season 10 of Shark Tank. Electra Beverages appeared on Shark Tank Season 12 on January 8, 2021 and left the tank with a deal from Barbara Corcoran. A player for The University of Texas at Austin from 1982 to 1986, Harris led the team to a 34-0 NCAA championship in 1986 and played on the Houston Comets' first WNBA championship team in 1997. The Sharks are very skeptical of this business proposition as the beverage industry is very hard to break into. Create a design and packaging that properly presented Electra in all its glory—clean and modern. All33 Chairs Update | Shark Tank Season 12, Bubbly Blaster Champagne Sprayer Premium Entertainment for Graduations Bachelor and Bachelorette Pool Parties Club Outings Brunches Other Celebrations, Customizable 26"-56" Fantasy Football Trophy with Free Engraving for up to 19 Years of Past Winners. Despite these factors, they do like the taste and flavors of Electra Beverages and so they ask Fran to break down how she would use their financial investment. Although it looked as if all the Sharks were going to decline this investment, Barbara Corcoran decided to extend Electra Beverages an offer, contingent upon a shared risk between her and Fran. #SharkTank @ABCSharkTank, — Lori Greiner (@LoriGreiner) January 9, 2021. Fran countered back at 30%, promising she could bring a big named athlete to the table as a spokesperson and Barbara agreed contingent on that promise. The company continues to cater to the needs of the consumers who choose a healthier drink, which has less sugar, fewer calories, and more functionality. All Rights Reserved. Born in Dallas, Texas, Fran Harris is the fourth of five children in her family. Most of the Sharks have lost money to this industry and they are not eager to do it again. Coming into the ... Chas says that the drink is a multi-use beverage so it’s a product that the entire family can use, ... Sap! Fran was in the WNBA in the late ’90s. Former WNBA champion and entrepreneur Fran Harris took her sports drink to the Sharks on ABC’s Shark Tank to see if she could get an investment. She will pitch her new hydration beverage, ELECTRAⓇ on ABC's hit business reality show, Shark Tank, Friday, January 8, 2021 at 8 pm est. Electra updated their formulation after listening to feedback from consumers. According to its website, the company is also planning to ship a powder mix starting in Spring 2021, which will considerably lower the cost of shipping. Shark Tank Recap is a participant in the Amazon Affiliate Program. EverlyWell Update. Your comment may not appear immediately. Episode of the new year and we did n't electra drink shark tank update, Electra Founder Fran Harris will pitch sports. From major leaguers to frequent gym goers, everyone needs hydration Barbara ’ s of! The NCAA Women ’ s a quick look at their past to preserve their on... 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