What is Titin?
Titin is a range of weighted shirts and shorts for the ultimate training session. It is an additional 8 lbs. spread evenly and does not stress major muscles or joints. Several Titin users appreciate the ability to heat and/or freeze gel inserts like the one featured in the attached photograph.
Mark Cuban told Shark Tank that he was careful about the “science” underlying Titin, but Daymond John took a bit of CrossFitter. (500k dollars for 20 percent.) There is a continuous demand from athletes for faster, stronger, and lighter ways to enter the weighted force system of Titin.
Titin Tech produces weighted shirts and shorts, particularly for athletes who add additional strength during exercising to increase their strength and aerobic performance, maximizing competitive results.
Made of moisture-wicking tissue, the hydrogel inserts are patented. They are deliberately positioned around the main muscle groups to allow zero movements of inserts while increasing muscle growth during exercise. The gel inserts benefit from being detachable to heat or cool them to help to heal after exercise.
Although several forms of compression gear exist, Titin offers the latest solutions for amateurs and professionals, daily workout enthusiasts, and military and law enforcement officers throughout the country today.
|Company Name||Titin: Weighted Shirt|
|Product||Compression shirt with gel-filled weight|
|Investment Seeking||$500,000 For 5% equity in Titin|
|Final Deal||$500,000 For 20% equity in Titin|
|Business Status||Out of Business|
Who Is The Founder Of Titin?
Titin Tech was founded by Patrick Whaley, a mechanical engineering graduate who changed his specialty to Kinesiology and Physiology. Patrick is still active with the company today. Patrick started TITIN Tech in 2005 but has been sketching since high school. He used to wander around with a weighted daypack to try muscling and bodybuilding.
The notion of a weighted shirt to help achieve its training objectives remained, and a prototype was developed. The life of Patrick took a dramatic change in 2009. In a failed robbery attempt, he was shot and left dead. Patrick found his prototype weighted shirt in rehabilitation more effective than physical therapy.
Encouraged by living evidence, he collected $100,000 in Kickstarter crowdsourcing and $1 million in Fundable to help establish the firm. Elite athletes endorsed his prototypes and were even honored by the Sylvester Stallone film, Expendables 3.
As production began and sales online grew, the business began to gain unbelievable momentum, with monthly sales surpassing the $1 million mark, which allowed Patrick to acquire certain investors.
However, Patrick started looking for new investors with apparel merchandise experience to help speed up production and provide guidance, using backorders to fill and not enough cash.
Titin Before Shark Tank
Patrick Whaley was dissatisfied with his slender build as a young man and began adding weight to his backpack in elementary school in the shape of books to gain strength.
He quickly learned, however, that carrying heavyweights wasn’t the most efficient training method. He continued developing the idea throughout high school because the weight increased against him and caused shoulder problems during workouts.
A horrific tragedy soon brought Patrick’s imagination back to life after taking a break from his academic studies at Georgia Tech to focus on his studies.
Patrick was the victim of an attempted mugging in May 2009 while relocating to a new apartment in Atlanta. During a battle for his attacker’s gun, the bullet entered his lungs, passed through his liver, and exited his back.
Fortunately, Patrick’s luck and youth were on his side, and he survived the potentially fatal injuries, but he faced a hard healing process that could span months, if not years.
His recovery was facilitated by the fact that he had spent so much time inventing his weight-enhanced training shirt. Patrick recognized that his shirt was the most effective everyday aid he could employ to aid in his recovery.
Within a year, Patrick fully recovered and was re-inspired to promote his TITIN shirt, as he had dubbed it. He began exhibiting it at enterprise conventions across the country, concentrating on gaining maximum exposure for his product.
In May 2014, he launched a Kickstarter effort to raise extra funds. Although he sought $100,000, he eventually raised over $117,000 with the assistance of over 500 backers.
He was reached by Shark Tank producers shortly after the campaign concluded and invited to appear on the show.
How Was The Shark Tank Pitch Of Titin?
Patrick appeared on Shark Tank requesting an investment of $500,000 in exchange for a 5% stake in Titin.
Mr. Wonderful and Daymond continue to maintain their respective percentages. Patrick accepts Daymond’s agreement and declares that they will show the other Sharks incorrectly.
Final Deal: Daymond John agreed to invest $500,000 for a 20% stake in Titin
Did Titin Get A Deal On Shark Tank?
Patrick Whaley negotiated a deal with Daymond John in Shark Tank Season 6 Episode 7 worth $500,000 for 20% of Titin Tech, valuing the company at $2.5 million.
Following Titin’s Shark Tank victory in 2015, Whaley and Daymond began pushing the company, but things gradually deteriorated in the following years.
What Happened To Titin After Shark Tank?
The TITIN business didn’t convince the sharks during the show, except for Daymond John. Mark Cuban’s public disdain for Patrick’s product was weighed against his outstanding sales results, so investors opted out once Cuban made his reservations public.
Daymond saw past the misgivings and realized that investment and inventory management would resolve Patrick’s inventory problems. Patrick confirmed he chose Daymond’s offer because it included inventory management.
Several high-profile consumers have already begun using TITIN since it was announced on the show, including Paul Millsap of the Atlanta Hawks. The Boston Red Sox’s Dustin Pedroia and the Tokyo Golden Eagles’ Jonny Gomes have also been esteemed.
Patrick and Daymond believe TITIN’s future is bright as awareness and sales have grown since the show’s inception. They are developing a more affordable model to appeal to the average fitness enthusiast and enter the mass market.
As of now, it’s too early to tell whether TITIN can revolutionize workouts for us mere mortals, but with the most affordable TITIN system currently priced at $250, I’ll stick with those ankle weights Mark Cuban mentioned for my run on Sunday morning.
Titin Shark Tank Update
It has recently been revealed that Patrick Whaley offered to buy Titin for $1.1 million in exchange for half of the company’s shares. It turned out that he paid $1.1 million for half of the company’s shares. Whaley agreed to it, making it one of the most expensive offers he has ever made on Shark Tank.
After that, the company was doing well. There were numerous customer reviews on their website and even their Instagram account. They sell the stuff at Walmart and Amazon. The product was well received, and customers praised its design and quality.
Amazon users praised the shirts for being great and well made, in addition to how evenly the weight is distributed among the shirts – something that marked the product as different from other similar workout clothes.
Many famous athletes started using weighted shirts, too. Like, Jonny Gomes, Dustin Pedroia, and Paul Millsap.
Titin is no longer a company. They are no longer selling compression shirts. Patrick Whaley founded Whaley Ventures LLC in January 2016 to start making money from investing in other businesses.
What happens, then? One of the customers whom Titin was selling the compression gear was a woman named Sarah Zabian, who claimed that the technology they used to make the vests were stolen from him.
Patrick Whaley tried to sue Titin (unfortunately), but they never replied to him. He created a webpage about the whole incident, which you can see here.
He emailed Mark Cuban about the fraud allegations they had filed against him and posted his replies to the email on his website. …and that is not even all; he emailed President Obama, which is odd, seeing as how he has nothing to do with the product. But I digress.
Titin Compression Shirts did not win the lawsuit, but it did cause the company to go down, and it also caused their website to be permanently deactivated.
We cannot find any stores that still sell the gel-stuffed compression gear that Titin makes. They are no longer active on social networking sites. Take the company’s Instagram account, which hasn’t been active since 2016.
Patrick Whaley, who founded Titin in 2013, runs a new company called Whaley Ventures LLC. Patrick Whaley is the founder of Whaley Ventures, a new company he founded in January 2016.
He was the General Manager and the Senior Director of Technology at Austin-based business RoyCon Technologies. He worked as an Innovation and Acquisitions Consultant at StrategyWise.
Is Titin Still In Business?
Several years after appearing on Shark Tank, Titin’s website went dark, and their social media accounts were taken over.
It was quickly discovered that Titin, particularly Whaley, was embroiled in scandalous charges over stolen technology to construct Titin. Titin is out of business as of 2022.
What is the Net Worth of Titin?
The valuation of Titin was $10 million when it appeared on Shark Tank. The net worth of Titin is unknown as of 2022 since the company went out of business.