Entrepreneur Ani Armstrong and her business partner Bryan Visintin pitched their innovative bike seat, VSEAT, on Shark Tank during Season 15 Episode 20.
Their product, VSEAT, offers a groundbreaking solution to bicycle seating, aiming to deliver enhanced comfort for riders.
Did they ride away with a Shark Tank deal? Or, What happened to VSEAT after Shark Tank?
Keep reading our in-depth analysis on VSEAT Shark Tank update and pitch recap to find out…
Table of Contents
Quick Summary
Here’s a quick summary of VSEAT Shark Tank Update:
Ani Armstrong and Bryan Visintin took their pitch to Shark Tank in Season 15, where they successfully secured a deal with Robert Herjavec and Kevin O’Leary for $200,000 in exchange for 25% equity.
As for a VSEAT Shark Tank update, the company continues to operate and experienced a significant increase in sales following their appearance on the show. Their innovative bicycle seats are available for purchase on their official website.
VSEAT On Shark Tank
Shark | Result |
Robert Herjavec and Kevin O’Leary | Accepted deal of $200,000 for 25% equity |
Barbara Corcoran | No Offer |
Lori Greiner | No Offer |
Mark Cuban | No Offer |
VSEAT Shark Tank Deal
- Business: Bicycle seat
- Entrepreneurs: Ani Armstrong and Bryan Visintin
- Asked For: $150,000 for 5% equity
- Shark Tank Deal: $200,000 for 25% equity
- Sharks: Robert Herjavec and Kevin O’Leary
VSEAT Company Info
Brand Name | VSEAT |
Official Website | thevseat.com |
@the_vseat | |
@vseat | |
YouTube | @VSEAT |
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VSEAT Overview: What is VSEAT?
VSEAT is an ergonomically designed, noseless bicycle seat that provides superior comfort for riders of all types. Traditional bicycle seats often cause discomfort by putting excessive pressure on sensitive areas, restricting blood flow, and creating a painful experience, especially during long rides.
VSEAT solves this problem by being the first noseless and bumless bicycle seat, specially designed to alleviate pressure and support riders more comfortably.
Its unique design allows for a padded seat that distributes weight evenly, ensuring blood flow is not restricted for either men or women. VSEAT also has a non-slip, gripping feature that keeps cyclists from sliding during their ride, making it the perfect companion for longer journeys.
Another significant advantage is its adjustable seat, which can be tailored to fit various rider preferences, ensuring that the VSEAT provides comfort for everyone.
VSEAT Founders: Ani Armstrong And Bryan Visintin
Ani Armstrong and Bryan Visintin are the innovative minds behind VSEAT, a company dedicated to revolutionizing the comfort of bicycle seating.
Ani, an entrepreneur with a passion for problem-solving, teamed up with Bryan to tackle a common issue faced by cyclists—discomfort from traditional bike seats. Together, they designed VSEAT, a unique noseless and ergonomic seat that aims to enhance the cycling experience for riders of all genders.
Their shared vision and determination led them to Shark Tank, where they successfully pitched their product to the sharks. With backgrounds rooted in entrepreneurship and innovation, Ani and Bryan have invested significant personal funds into VSEAT, showing their commitment to the brand.
Shark Tank VSEAT Pitch
During their appearance on Shark Tank Season 15, Ani Armstrong and Bryan Visintin presented a common issue that many cyclists face: discomfort caused by traditional bicycle seats.
Typical bike seats often put too much pressure on nerves and arteries, leading to restricted blood flow and discomfort during long rides. Ani and Bryan introduced VSEAT, a revolutionary noseless and bumless bicycle seat designed to tackle this problem and provide cyclists with a much more comfortable riding experience.
VSEAT stands out as the first of its kind, with an ergonomic design that supports the rider’s bottom during long rides, eliminating the need for padded bike shorts. Its padded seat is specifically engineered to ensure blood flow is not restricted for men or women, offering a solution to a problem that plagues many cyclists.
The seat also features a gripping texture that prevents slipping, making it more practical and safe for users. Additionally, VSEAT’s adjustable and durable build caters to various rider preferences, ensuring a customized fit for optimal comfort.
To demonstrate the product’s effectiveness, Ani and Bryan invited sharks Kevin O’Leary and Barbara Corcoran to try out the VSEAT during their pitch. After first testing a traditional bike seat, both Kevin and Barbara found the VSEAT to be significantly more comfortable, confirming the product’s value in improving the cycling experience.
When it came time to discuss business, Ani and Bryan shared that VSEAT retails for $119 on the company’s website, with a manufacturing and distribution cost of just $24.
In terms of sales, they had generated over $300,000 in the past three years, with $270,000 of that total coming in the current year alone. This dramatic jump in sales, according to Ani, was the result of finally leveraging social media advertising on platforms like Facebook and Instagram.
As the sharks dug deeper into the business, Barbara asked whether Ani and Bryan had invested their own money into VSEAT. The entrepreneurs revealed that they had put $500,000 of their personal funds into the business. This level of commitment impressed the sharks, but it also raised concerns about the challenges ahead.
Kevin O’Leary was the first to voice concerns about VSEAT’s position in the retrofit market, while Mark Cuban suggested licensing the seat to existing bike manufacturers.
Ani and Bryan hadn’t yet explored that avenue but were open to it. Mark explained that his experience with Guardian Bikes—a company aimed at improving bicycle safety—had shown him the difficulties of convincing large bike companies to license new designs due to their slim margins. Ultimately, Mark went out.
Kevin then made the first offer: $150,000 for 20% equity. Shortly after, Robert Herjavec offered $150,000 for 15% equity, undercutting Kevin’s offer.
Barbara, though impressed with the comfort of the seat, went out because she felt the product’s appearance didn’t match its comfort level. Lori Greiner also bowed out, believing that Ani and Bryan already had strong offers to consider.
In response, Ani countered Robert’s offer with 12.5% equity, but Robert declined, standing firm on his offer. Bryan then asked if both Kevin and Robert would be willing to partner together.
The sharks agreed but set the new terms at $200,000 for 25% equity. Ani tried to negotiate for double the money in exchange for the equity, but the sharks refused.
After taking a moment to discuss, Ani and Bryan accepted the offer of $200,000 for 25% equity from both Kevin and Robert, sealing a deal that would help propel VSEAT to the next level.
The VSEAT pitch on Shark Tank showcased the product’s innovative design and market potential, and the partnership with two sharks promises to drive the business toward future success.
So, what happened to VSEAT after Shark Tank? Let’s find out in our in-depth analysis on VSEAT Shark Tank Update.
VSEAT Shark Tank Update
Since their appearance on Shark Tank, VSEAT has enjoyed a substantial boost in sales and visibility.
With the backing of two sharks, Kevin O’Leary and Robert Herjavec, the company has gained significant credibility and resources, enabling them to scale their business effectively.
Our VSEAT Shark Tank update highlights how the company has expanded its marketing efforts and refined its manufacturing processes to meet growing demand.
After airing on Shark Tank, VSEAT received a wave of positive reviews and endorsements, including a notable recommendation from a medical professional who highlighted the seat’s health benefits for riders.
This additional validation helped the company attract more customers who were looking for a comfortable, health-conscious alternative to traditional bicycle seats.
VSEAT’s social media advertising strategy has proven to be a game-changer, allowing them to reach a broader audience. Their online sales continue to grow, and with their direct-to-consumer business model, the company can maintain healthy profit margins while expanding their customer base.
Did VSEAT Get A Deal On Shark Tank?
Yes, VSEAT secured a deal on Shark Tank with Kevin O’Leary and Robert Herjavec.
After much discussion, Kevin O’Leary and Robert Herjavec made offers to invest in VSEAT.
Kevin offered $150,000 for 20% equity, while Robert undercut him by offering $150,000 for 15% equity. Ani tried to negotiate Robert’s offer down to 12.5%, but he held firm.
Bryan, seeing an opportunity, asked if both sharks would be willing to go in together, and they agreed—under the condition that the equity stake would increase to 25%.
Ani countered by asking if they would double the money for 25%, but the sharks declined.
Ultimately, Ani and Bryan accepted the offer of $200,000 for 25% equity, bringing both Kevin and Robert on board as partners.
VSEAT Customer Reviews and Feedback
Customer reviews for VSEAT have been overwhelmingly positive. Many users have praised the product for its comfort and durability, with some stating that it’s the first time they’ve been able to ride long distances without experiencing pain or discomfort.
Reviewers have also noted that VSEAT’s unique design is particularly beneficial for people who previously avoided cycling due to discomfort caused by traditional bike seats. The padded, noseless design ensures a smooth and enjoyable ride, even for those who aren’t avid cyclists.
The company has also received endorsements from medical professionals, adding to the credibility of their claims regarding the health benefits of the seat. With more reviews and testimonials coming in, VSEAT’s reputation continues to grow.
Where Can You Buy VSEAT?
If you’re interested in purchasing VSEAT, you can easily find it on the company’s official website. Priced at $119, the seat is designed to be an affordable, long-term investment for cyclists who want a more comfortable ride. Given its quality and unique features, VSEAT offers excellent value for money.
Additionally, VSEAT is available in various online retail platforms, and the company is working on partnerships that could soon see the product available in brick-and-mortar stores as well. Keep an eye out for updates as VSEAT continues to grow and expand its distribution channels.
FAQs On V Seat Shark Tank Update
Who Is The Owner Of VSEAT?
The owners of VSEAT are Ani Armstrong and Bryan Visintin. They co-founded the company and designed the innovative noseless bicycle seat aimed at improving rider comfort.
Is VSEAT Still In Business?
Yes, VSEAT is still in business. The company saw a significant boost in sales after its appearance on Shark Tank and continues to sell its innovative bicycle seats on its official website.
Did VSEAT Get A Deal On Shark Tank?
Yes, VSEAT secured a deal on Shark Tank. Founders Ani Armstrong and Bryan Visintin accepted an offer of $200,000 for 25% equity from Robert Herjavec and Kevin O’Leary.
Does VSEAT Work With Peloton?
Yes, VSEAT is compatible with Peloton bikes. Its adjustable design allows it to fit most stationary and outdoor bicycles, making it a great option for Peloton users looking for a more comfortable riding experience.
What Happened To VSEAT After Shark Tank?
After Shark Tank, VSEAT secured a deal with Robert Herjavec and Kevin O’Leary for $200,000 in exchange for 25% equity. The company saw a boost in sales following their appearance on the show, and their bicycle seats remain available for purchase on their website.
Is There A Bike Seat That Doesn’t Hurt?
Yes, there are bike seats designed specifically to provide comfort and reduce pain, such as noseless or ergonomic seats like the VSEAT. These innovative designs help alleviate pressure on sensitive areas, ensuring a more enjoyable ride without discomfort.
It’s essential to choose a seat that fits your body and riding style to minimize discomfort during long rides.
Conclusion: VSEAT After Shark Tank Journey
VSEAT’s journey on Shark Tank is a testament to the power of innovation and perseverance. Ani and Bryan’s ability to identify a common problem and design an effective solution has set them apart in a competitive market.
With the backing of two sharks and a growing base of satisfied customers, VSEAT is well on its way to becoming a household name in the cycling industry.
Our VSEAT Shark Tank update shows just how far the company has come since their appearance on the show. As they continue to innovate and expand, we’ll be keeping a close eye on their progress.
Stay tuned for more updates as VSEAT takes the world of cycling by storm.
You can also check out more Company Updates on Shark Tank Season 15 Episode 20, by clicking on the links below:
Before you go, make sure to visit our Season 15 Company Updates Page, All Company Updates Page and Shark Tank All Products Page for more information on various companies and products featured in the Show.
At the same time, you can FOLLOW our blog to get the latest updates on businesses featured in Shark Tank Show. And, if you have any questions, you can send us message at your convenience.
Lastly, you can check out more Company Updates for the businesses featured in Shark Tank Season 14 by visiting our Season 14 Company Updates Page.
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