Rugged Interactive Net Worth 2022 – What Happened After Dragons’ Den?
Every year new exercise devices and equipment are created to keep people fit and active. Rugged Interactive is one of those innovative exercise machines.
The creators, Sam Heap and Harry Stevens appeared on Dragons’ Den to pitch their idea for the investors and went on the build a company with a net worth of over $1.5 Million.
Simon Heap requested £100,000 for a 30% of equity for his fitness invention. Did the deal go through? What happened to Rugged Interactive after the show? Keep reading to find out.
What is Rugged Interactive?
Rugged Interactive is a company in the UK that makes interactive fitness equipment.
The company’s fitness devices make exercising fun and educational. These exercise machines are suitable for healthy aging, rehabilitation and wellness.
One exercise machine from Rugged Interactive that’s highly popular is the CardioWall.
is an exergame product that can be used with weights, boxing gloves, exercise balls or your hands. It forms the basis of sports training.
Who is the Owner of Rugged Interactive?
Simon Heap who is also the founder of Rugged Interactive is the owner of the company.
Heap’s company is located in Callywith Gate in the United Kingdom.
Dragon’s Den Appearance
Rugged Interactive appeared on episode 16 of Dragon’s Den in 2017 where the company requested a £100,000 investment in exchange for a 30% share in the company.
The reason for the request is so Simon and Harry could boost their sales and to explore new markets such as elderly homes.
Dragon’s Den Investment – Did it Go Through
The request for the £100,000 investment went through, but only when the cameras were rolling.
Peter Jones and Deborah Meaden saw potential in the Rugged Interactive company and decided to invest in the business.
However, according to Mirror in the UK, the parties couldn’t come to an agreement after the show was taped.
What Happened to Rugged Interactive After the Show?
Rugged Interactive was already doing well even before Dragons’ Den. The UK market was easy to get into. The company now exports its products in parts of the US and Europe. According to Business Cornwall, Rugged Interactive is growing its business in the US and has accumulated over £350,000 in contracts.
What is Rugged Interactive’s Turnover?
Owler shows that Rugged Interactive’s annual turnover is $100,000. Insider Media states that the company’s net worth is said to be over $1.5 million.
Conclusion
As you can see Rugged Interactive is an extremely successful company that makes fitness equipment for the young and old. If you’d like to try your hand at the CardioWall you can find it in any major fitness equipment store in the UK and US.
Additionally, you can’t buy the cardio wall directly off of the company’s site. But if you send the company a message through their emailing system they’ll provide the store locations of where you can buy your CardioWall.
We hope that today’s blog helped you with information about Rugged Interactive. You can find out more about their company on their website or through their LinkedIn page.
