With a devoted following and an expanding product line, Electra Sports Drink has experienced significant financial success. There is no exact answer whether Barbara has closed the deal with Electra, but Barbara did not mention it on her site. I like to share with people the information about every startup that came on the Shark Tank show. Her strategy involves selling it both in stores and directly to customers. $500 USD $1,000 USD (50% off) Everything in the previous perk plus some additional goodies including VIP status invitation to a private virtual event, 24-pk of Electra (8 bottles of each flavor) and a guest appearance on Electra podcast. 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. What episode was Electra Sports Drinks aired? Shipping a 12-pound box? OLeary asked incredulously. Are there any adverse effects of drinking Electra Beverages? What is the Net Worth of Electra Sports Drinks? As of 2023, Electra Sports Drinks estimated net worth is approximately $120 million, given the brands continued growth and expansion into new markets in recent years. What Happened To Brumachen After The Shark Tank? Barbara Corcoran was the only Shark who made an offer $100,000 in investment and a $250,000 line of credit for 30% . Strong sales performance not only translates to increased revenue but also contributes to the overall valuation and net worth of the brand. New York-based brand Cure Hydration has successfully raised $2.6 million. The company is still in operation, with headquarters in Austin, Texas, and a modest full-time personnel complement. As of June 2022, Electra Sports Drink was estimated to be worth $1.1 million. Electra Sports Drinks net worth is a testament to the brands success in creating a unique product that caters to the specific needs of athletes and fitness enthusiasts. CurlMix is a company that specializes on providing curly-haired, Read More What Happened to CurlMix After Shark Tank Pitch?Continue. With so many online customers looking for hydration, this is a very good targeted audience for us. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Electra Sports Drink | Net Worth To understand the financial success of Electra Sports Drink, its essential to explore its origins and the factors that led to its creation. Fran Harris founded Electra to provide a better hydration option for major sports drink brands, targeting daily doers, hustlers, and athletes, according to the companys website. How much money did Barbara Corcoran put up? There is no data on sell-through here, said Mr. According to the company info on WeFunder, Harris went into a deep dive of learning everything she can about the industry and running a beverage business. She already managed a marketing firm, and she used his expertise to boost sales for her first product line. This focus on innovation has not only led to increased sales and market share but has also contributed to the brands overall valuation and net worth. She said there are two famous celeb athletes who are willing to come on board for this business. Many established companies have already established themselves as leaders in this market. This hydration drink is a new market, gradually the competition is building in it, and many big brands are coming into this section.