The Shark Tank Season 08 Episode 01 featured Justin Kittredge who pitched ISlide, his custom slide sandals.
What Is iSlide?
ISlide is an online platform that allows you to design your slip-on or slide sandals.
A customer is encouraged to add graphics (NBA logos, flags) and a photo with or without text after selecting size and background color. The possibilities for design are limitless.
ISlide specializes in slide sandals, which are sandals with no back and open toes that allow you to slip your foot right in.
ISlide prides itself on creating the most comfortable sandal available on Earth by using only the finest materials and professional craftsmanship.
ISlide sandals are called “The Mantra” because they embody the original design. An egg crate insole with a massage function and support massages the foot.
You may customize the Mantra by adding your graphics and text. The company also offers an extensive selection of pre-designed logos for NBA franchises.
|Product||Customized athletic sandals of the highest quality.|
|Investment Asking For||$500,000 for 5% equity in iSlide|
|Final Deal||No Deal|
|Episode||Season 8 Episode 1|
|Business Status||In Business|
Who Is The Founder Of iSlide?
Justin Kittredge is the creator and founder of ISlide. He worked tirelessly to develop his concept and brand.
Justin Kittredge has been a footwear expert for two decades and started his ISlide quest in 2013. In the past, Justin worked in the basketball footwear area at Reebok.
Justin designed comfortable casual slippers that would answer a fundamental need. The slip-on shoe features a single flap and a sole made from wave gel, creating a unique sensory experience similar to walking on water.
One of the best parts about this experience is that you can customize the design and insert your logos and messages on the flip-on top side.
You can use the Website to create phrases, styles, and photos that are creative, fantastic, and reflect your individuality.
iSlide Before Shark Tank
iSlide founder Justin Kittredge was previously employed by footwear manufacturer Reebok.
He was able to secure an internship there during his senior year of college, and then he was hired as a product marketing and development specialist.
Justin spent ten years working for Reebok before being laid off in 2014, and the experience taught him a great deal.
Justin was also poised to utilize his networking and contacts to further his iSlide business.
Interestingly, Justin had already gained some popularity before his Shark Tank appearance. He set two Guinness World Records in 2009 while competing in basketball.
Business Wire reported that Justin won this award for shooting 64 unassisted free throws in two minutes and 16 blindfolded free throws in one minute.
Considering that the previous record was only five flings in 60 seconds is especially impressive. He ran an organization called Shooting Touch, Inc. while his job at Reebok required him to practice.
When he was president of this company, he taught young boys and girls from Boston basketball.
Can the Sharks trust the entrepreneur with their business matters despite his undisputed skills as a basketball player?
How Was The Shark Tank Pitch Of iSlide?
Justin appeared on the Shark Tank requesting an investment of $500,000 in exchange for a 5% stake in iSlide.
Justin left the Shark Tank stage without securing any deal from the Sharks for ISlide.
Final Deal: No deal between Sharks and iSlide.
What Happened To iSlide After Shark Tank?
ISlide got a huge boost from the Shark Tank effect even though it did not land a transaction, according to Forbes.com.
The company has a licensing agreement with Nickelodeon, partnered with New Kids on the Block and celebrities, and joined forces with Fanatics, a large online retailer of licensed sports merchandise.
The ISlide brand is associated with rapper 2 Chainz, actors Mark Wahlberg and Ice Cube, and comics Ellen Degeneres and Chelsea Handler.
The shoes were rated five stars out of 77 reviews on the company’s website, with most customers stating they are quite comfortable and the customer service is excellent.
Additionally, they have five-star evaluations on their Facebook page, which nearly 8,000 individuals follow.
The iSlide Facebook page is frequently updated with updates about events such as partnering with Ellie Fund, a cancer-fighting non-profit organization, during Breast Cancer Awareness Month.
iSlide appears to be doing quite well, despite its absence of a contract with Shark Tank investors.
iSlide Shark Tank Update
In terms of an ISlide update following its appearance on Shark Tank, the company is still in business and has been successful in penetrating the retail markets of establishments such as the NBA Store, Fanatics, and Dick’s Sporting Goods.
Justin Kittedge has demonstrated that one does not necessarily need to swim with sharks in order to achieve success.
Islide has signed more licensing agreements with prominent organizations such as Nickelodeon and Major League Baseball (MLB).
In addition, iSlide sandals are carried in a variety of retail chains all around the country. It would appear that Justin Kittredge was successful despite the absence of the sharks.
ISlide has also signed licensing agreements with DC Comics, Nickelodeon, Major League Baseball, and a number of other organizations.
ISlide is going to be absolutely fine despite the fact that it did not secure a deal on Shark Tank.
iSlide is still in business as of June 2022 and generates a revenue of $10 million.
Is iSlide Still In Business?
iSlide is still in business and thriving even though he didn’t get any deal on Shark Tank.
Brown asserts that “business is still booming” following the conclusion of Shark Tank.
ISlide has since relocated its factory and offices (to Boston) and deployed “a beast of an ERP system” while developing the company, which recently celebrated its fifth anniversary.
iSlide’s most significant achievement was securing a large licensing deal with the NBA.
iSlides have been sold at Dick’s Sporting Goods, Fanatics, and the NBA Store, among other places.
What Is the Net Worth of iSlide?
The valuation of iSlide was $10 million when it appeared on Shark Tank. The net worth of iSlide is $10 million as of 2022.