As you may have seen, Nexersys CEO Terry Jones and Olympic Boxer Marlen Esparza jumped in the tank to swim with the Sharks in January of 2014. After an intense session, the Sharks declined to invest, but provided a lot of comments. Mr. Wonderful said that our biggest challenge wasn’t our products or market, but our Balance Sheet. He noted that our investors would take the company if we failed to generate profits to service the debt. So you’re probably wondering, “Where are we now?”
After only a few short months our sales increased over 450%, with 50% of our profits being generated from software licenses and royalty revenue. Over the past few years we have continued to grow and have remained debt free, all while maintaining our number one objective of customer satisfaction.
We have also launched our NEW N3 SERIES! Our N3 Line is now available for purchase with new updates including:
- New Home, Pro, and Commercial Models
- 3D Animation
- New and Improved Center Body Pad
- Cloud Based Content to access anywhere in the world
To check out our New N3 Products please visit: https://nexersys.com/
Overall, the Shark Tank experience was excellent. We thank the Sharks and ABC for presenting us with an amazing opportunity to showcase our products and software to the world.