Liberate Company On Shark Tank Update – Shark Tank Season 13
Featured on Shark Tank
Liberate Company On Shark Tank Season 13
Liberate is a mindfulness and mental health studio founded by Liv Bowser. The platform offers a variety of videos, journaling techniques, and workshops aimed at improving mental wellness. Although Liv received positive feedback, she did not secure a deal for her $200,000 for 10% equity offer. Summary:
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- Company Name: Liberate
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- Founder: Liv Bowser
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- Founded: 2020
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- Product: Mindfulness and mental health studio
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- Asked For: $200,000 for 10% equity
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- Final Deal: No deal
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- Season/Episode (Shark Tank USA): Season 13, Episode 9
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- Business Status: In Business
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- Headquarters: Los Angeles, California, USA
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- Lifetime Worth (Sales): Estimated $300K
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- Go To Amazon: Buy Now
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- Watch On: Amazon Prime
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Description
Liberate Company On Shark Tank Update – Shark Tank Season 13
Liberate, a mental fitness studio founded by Olivia Bowser, appeared on Shark Tank Season 13 but did not secure a deal. Here are the updates on the company since its appearance:
Liberate Studio Shark Tank Appearance
- Entrepreneur: Olivia Bowser
- Business: Liberate offers virtual mental fitness classes focusing on mindfulness, journaling, and meditation.
- Ask: $200,000 for 10% equity
- Result: No deal; all sharks expressed concerns about the business’s scalability and profitability.
Key Points from the Liberate Studio Pitch
- Olivia highlighted the need for mental fitness during the pandemic, launching Liberate in May 2020.
- The subscription model includes access to on-demand classes for $19 per month or $49 for all-access, with 65% of revenue coming from corporate clients.
- Despite a strong concept, the sharks were skeptical due to low lifetime sales of $50,000 at the time of the pitch.
Liberate Studio Post-Shark Tank Developments
- Business Growth: By November 2023, Liberate had expanded to over 200 corporate clients and employed 10 instructors.
- Revenue: The company has grown into a “profitable six-figure business” as of July 2024.
- Recognition: Olivia was named to the Forbes 30 Under 30 list for 2024, highlighting her impact in the mental health space.
- Product Offerings: Liberate now features various services, including corporate wellness programs, team-building events, and individual courses. They also offer a 21-Day Wellbeing Challenge.
Liberate Studio Current Status
Liberate continues to thrive despite not securing a Shark Tank deal11 Worst Shark Tank Deals They Regret Taking. The company has successfully adapted its offerings to meet the growing demand for mental health resources, particularly in corporate settings.
Olivia Bowser’s commitment to mental wellness has positioned Liberate as a valuable resource in the mental fitness industry.
