Where Is MyoStorm From Shark Tank Season 11 Today?
Anyone is susceptible to musculoskeletal pain. In fact, a 2011 study published in Best Practice & Research Clinical Rheumatology found that anywhere between 13.5% and 47% of the general population experiences this type of pain. It can affect our bones, muscles, tendons, and more. The researchers noted that people who don't get enough exercise can be particularly prone to musculoskeletal pain. Conversely, the same is also true for athletes, as demonstrated in a 2016 study. This research found that high rates of musculoskeletal pain were present among elite marathon runners.
With so many people affected by everyday aches and pains, entrepreneurs Jonothan DiPeri, Jared Ward, and Shaquille Walker created MyoStorm. In October 2019, they appeared on season 11 of "Shark Tank" to pitch their heated, vibrating massage ball product named the Meteor. They explained that while their target demographic was athletes, the device could be used by anyone suffering from muscle pain (via CNBC Prime). With the aid of a live demonstration, the product had several of the sharks fighting to make a deal by the end of MyoStorm's pitch.
What happened to MyoStorm on Shark Tank?
The entrepreneurs explained that the Meteor uses a combination of pressure, heat, and vibration to ease pain and aid in muscle recovery. This puts it ahead of similar items on the market, which often use only one of these elements (via CNBC Prime). "I believe the Meteor has the ability to change the way the world recovers," Ward stated via MyoStorm. "Foam rollers and traditional massage balls simply cannot compete."
The sharks were eager to try the product out for themselves — particularly Mark Cuban, who dropped to the floor and let out a sigh of relief upon placing the device under his lower back. Initially, DiPeri, Ward, and Walker asked for $150,000 in exchange for a 10% stake in the company. After a joint exclamation of "Who's ready to roll with us?" from the entrepreneurs, Kevin O'Leary stepped up and proposed a deal for the FDA-compliant medical device, offering to take only 5% equity in exchange for $1 per ball until he made back $500,000. Offering another deal, Matt Higgins said he would accept MyoStorm's original terms. After making her case for lowering the product's price to under $100, Lori Greiner offered the same deal as Mr. Wonderful. Ultimately, the entrepreneurs decided to go into business with Greiner.
Life for MyoStorm after Shark Tank
Following their time on "Shark Tank," MyoStorm's deal with Greiner seemingly never came to fruition, as reported via the Gazette Review. Even so, the founders had no problem selling the Meteor once viewers saw the show, as the product promptly sold out and back orders mounted. Those on the waitlist didn't have to wait long, however. It only took the company four months to successfully get all orders out to its customers.
Having originally expressed interest in going the retail route during their "Shark Tank" pitch (via CNBC Prime), MyoStorm did just that with the Meteor 2.0 (equipped with a USB-C charger). Despite their success, the company faced significant challenges during the COVID-19 pandemic as sales numbers dropped. The following year, MyoStorm pivoted and sought funding for the Meteor Mini through Kickstarter, successfully meeting their fundraising goal in less than an hour and a half. Business was booming yet again as MyoStorm landed itself on the list of Forbes People's Five Business Owners to Watch in 2022, a prediction further backed by Haute Living.
Is MyoStorm still around today?
MyoStorm is still in business today offering various products for purchase including the Meteor 2.1 and the Meteor Mini. They've since expanded their product line to include accessories, such as a dual-layer recovery mat, massage and stretch strap, a 3-in-1 recovery roller, and two bundle options (via MyoStorm).
Customers continue to be satisfied with the products, with one reviewer recently stating on the company's website that the heat of the Meteor successfully relieved their sinus pain after one use. Even better, MyoStorm continues to offer customer sales, with the dual-layer recovery mat currently being offered for $19.99 (instead of its original $59 price). For even more deals and giveaways, you can find MyoStorm on social media. Their Instagram features reel tutorials walking viewers through stretching sequences, exercise routines, recovery tips, and more.
While it's not clear as to whether we will be seeing any new products coming from MyoStorm in the near future, it is clear that the company's dedicated customers will be the first to know about it. Those who have placed a previous order with MyoStorm can join the MyoStorm Makers group and offer feedback to the company about current and upcoming products in exchange for discounts.