The rugged maniac s business model is a lot different than most businesses seen on the shark tank.
Shark tank rugged events.
In 2013 our rugged maniac obstacle race brand had revenues of 4 1 million 2014 saw revenues of 5 2.
In september 2013 the producers of shark tank contacted scudder and dickens to compete in the show.
Well rob dickens and brad scudder the founders of extreme obstacle course event company rugged races are.
Later after rugged events took off following his investment mark cuban sold his shares to gatehouse media to turn himself a lively profit.
We appeared on shark tank in april of 2014 which was right at the start of our event season.
Shark tank mark cuban s a big fan of obstacle courses.
The shark tank deal helped rugged events become one of the largest endurance event companies in the usa.
In 2014 the shark tank co host invested 1 75 million in rugged events a boston based race organizer after the company appeared on the reality tv show.
With only 20 events scheduled for this entire year the numbers per event need to be very impressive.
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Rugged maniac before shark tank.
It was started by rob dickens and brad scudder who saw potential in.
In 2014 the business maverick and shark tank star mark cuban invested 1 75 million for a 25 percent stake in boston based obstacle course company rugged maniac making it one of the biggest.
Rugged maniac under company name rugged races llc experienced steady growth and in 2013 caught the attention of shark tank a reality television series in which entrepreneurs pitch business ideas to a panel of investors.
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Rugged maniac is an obstacle course race designed for competitive thrill seekers.