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The rugged maniac s business model is a lot different than most businesses seen on the shark tank.

The rugged maniac shark tank.

Participants are promised mud fire beer music and glory. In 2014 the business maverick and shark tank star invested 1 75 million for a stake in boston based obstacle course company rugged maniac making it one of the biggest deals on the show. The cost to race depends on the location and goes from around 40 for early registration to as much as 90 for day of race registrants. And since his investment.

Rugged maniac is 3 1 miles of crazy obstacles followed by a day long festival of games music and drinks. Investor and dallas mavericks owner mark cuban s interest in rugged races was first piqued in shark tank s fifth season when the founders made their initial pitch. In september 2013 the producers of shark tank contacted scudder and dickens to compete in the show. With only 20 events scheduled for this entire year the numbers per event need to be very impressive.

Rob dickens and brad scudder of rugged maniac on shark tank abc michael ansell brad scudder and rob dickens are the two entrepreneurs from boston massachusetts behind rugged maniac a. Rugged maniac is an obstacle course race designed for competitive thrill seekers. Well rugged maniac is simply an adult version of that. Rugged maniac runs their events in over 20 cities nationwide and partners with harpoon beer the uso and other sponsors ranging from charitable organizations to radio stations.

Rugged maniac under company name rugged races llc experienced steady growth and in 2013 caught the attention of shark tank a reality television series in which entrepreneurs pitch business ideas to a panel of investors. It was started by rob dickens and brad scudder who saw potential in this market by identifying weaknesses in the. Rugged was thrust onto the national scene after their appearance on shark tank and 1 75 million dollar investment from sports mogul mark cuban.

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