Chalkless is a revolutionary grip enhancer that absorbs skin oils for a better, mess-free grip. Perfect for athletes and fitness enthusiasts!
Athletes, fitness enthusiasts, and professionals often struggle with maintaining a solid grip due to the buildup of oils on their skin, which can negatively impact performance. To address this common challenge, David (Greg) Pope and James Pidhurney created Chalkless, an environmentally friendly, non-toxic grip-enhancing product designed to absorb skin oils and improve grip, even in challenging conditions.
Did the duo secure the sharks’ support to scale Chalkless to new heights? Read on for our update and their Shark Tank pitch recap.
A quick summary of Chalkless after their Shark Tank
David and James appeared on Shark Tank Season 16, seeking $400,000 for 4% equity in Chalkless. Following their pitch, they reached a deal with Kevin O’Leary and Rashaun Williams for $400,000 for 4% equity, plus a royalty of $2.50 per unit sold until $4 million is repaid. Afterward, the royalty drops to $0.25 per unit in perpetuity.
Regarding a update, the company’s patented grip-enhancement technology gained significant traction across major sports communities.
| Shark | Offer |
| Kevin O’Leary and Rashaun Williams | Accepted an offer of $400,000 in exchange for 4% equity, accompanied by a royalty of $2.50 per unit sold until the $4 million repayment cap is reached. Once this amount is repaid, the royalty rate will reduce to $0.25 per unit and will continue indefinitely. |
| Mark Cuban | No offer |
| Lori Greiner | No offer |
| Barbara Corcoran | No offer |
Key Takeaways
- Chalkless is a groundbreaking, environmentally friendly grip-enhancement product that absorbs skin oils to improve grip, making it ideal for athletes and fitness enthusiasts.
- Created by David (Greg) Pope and James Pidhurney, the product received a deal from Kevin O’Leary and Rashaun Williams for $400,000 in exchange for 4% equity plus a royalty structure.
- It has successfully made its way into multiple professional sports communities, including the PGA, NBA, NFL, and CrossFit.
- The company is leveraging social media to engage with customers, promote product effectiveness, and build a loyal fan base.
- Despite some initial reservations from the sharks, the deal is a pivotal step toward scaling the brand and increasing its visibility.
Chalkless Net Worth Chalkless (2024)
Following their appearance on Shark Tank in 2023, Chalkless’s founders, David Pope, and James Pidhurney, secured a deal with Kevin O’Leary and Rashaun Williams for $400,000 in exchange for 4% equity in the company.
Chalkless Net Worth Chalkless (2025)
By 2025, if Chalkless continues to grow at a similar rate, adopting more market share and expanding into new sports or verticals, its valuation could increase significantly. The company could also benefit from additional partnerships, media exposure, and an expanding customer base. If it sees a 50-100% increase in sales year-over-year, its value could double or even more, placing its 2025 valuation at around $15-20 million.
The Problem: Grip Challenges in Sports and Fitness
Maintaining a solid grip can often be challenging for athletes, fitness enthusiasts, and professionals, significantly when sweat or skin oils compromise performance. This problem is particularly prominent in sports like golf, weightlifting, and racquet sports, where grip is crucial to precision and safety. Traditional solutions such as chalk, which increases hand friction, are often messy, ineffective in humid conditions, and can cause respiratory issues due to the dust.
David (Greg) Pope and James Pidhurney recognized this persistent problem. They decided to create Chalkless, a non-toxic, eco-friendly grip-enhancement product designed to absorb excess oils on the skin, thereby improving grip and performance. With its lightweight, simple-to-use formula, it solves these issues while offering a safe and effective solution for individuals in various high-performance environments.
What Makes Chalkless Unique?
Grip Enhancer Technology
At the core of Chalkless is its patented Grip Enhancer Technology. Unlike traditional chalk, which adds friction, it absorbs oils and sweat from the skin’s surface. This creates a dry, non-slip surface that enhances grip immediately after application, even in challenging conditions like high humidity or intense physical exertion. The product is quick-drying and leaves no residue, ensuring that athletes can focus on their performance rather than worrying about their grip slipping.
The innovative formula works without creating the mess associated with traditional chalk products. Whether working out in a gym, playing tennis, or engaging in rigorous training, Chalkless ensures that your grip remains firm and secure. Its versatile application allows athletes to perform confidently, whether lifting weights, hitting a tennis ball, or gripping a golf club.
Non-toxic and Environmentally Friendly
One key feature that sets Chalkless apart is its commitment to sustainability. The product is made from non-toxic ingredients that are safe for both the user and the environment. Unlike traditional chalk, which can create a cloud of dust that can irritate the lungs and cause respiratory issues, it provides a safer alternative without any harmful side effects. This eco-conscious aspect appeals to athletes who want to maintain their performance without compromising their health or the environment.
The Chalkless Pitch on Shark Tank
When David and James entered the Shark Tank in Season 16, they presented an opportunity for the sharks to invest in a game-changing grip-enhancement product. They sought $400,000 for 4% equity in Chalkless, with the goal of using the investment to increase brand visibility, forge strategic partnerships, and scale production. However, the sharks were skeptical at first.
The Sharks’ Reaction
David and James were confident in their product, but the sharks had their reservations. Mark Cuban, in particular, was frustrated with the entrepreneurs’ reluctance to disclose the production costs despite revealing a 67% profit margin. This led to Cuba bowing out of the deal early on. Lori Greiner and Barbara Corcoran also passed, feeling that the product didn’t align with their areas of expertise.
Kevin O’Leary, who is known for his sharp business acumen, showed more interest in the sales figures, and James shared that Chalkless had already achieved $740,000 in sales for 2024. This caught O’Leary’s attention, and he made an offer of $400,000 for 4% equity, with an additional royalty structure of $2.50 per unit sold until the company repays $4 million, at which point the royalty would drop to $0.25 per unit in perpetuity.
Surprisingly, Rashaun Williams, the guest shark, jumped in and agreed to split the investment with O’Leary under the same terms. Rashaun’s ability to connect Chalkless with professional athletes was an attractive proposition, leading David and James to accept the deal.
The Offer: Kevin O’Leary and Rashaun Williams Join Forces
Kevin O’Leary and Rashaun Williams agreed to invest $400,000 in exchange for 4% equity in Chalkless. In addition to the equity stake, they negotiated a royalty of $2.50 per unit sold until the company repaid $4 million. After this, the royalty would drop to $0.25 per unit indefinitely.
O’Leary’s involvement was particularly valuable in brand building and media exposure. He offered to help increase sales through a targeted social media campaign, a strategy that would help expand Chalkless’s reach and grow its customer base. Rashaun Williams brought a unique connection to professional athletes, which could open doors for the product to be endorsed and adopted by sports professionals and fitness influencers.
David and James accepted the deal, leaving Shark Tank with the support they needed to take their product to the next level.
Post-Shark Tank Update: Scaling and Expanding Chalkless
Since appearing on Shark Tank, Chalkless has made impressive strides in product adoption and brand visibility.
Adoption Across Professional Sports
The unique qualities of Chalkless have made it an ideal choice for athletes in various high-performance sports. Following the Shark Tank episode, the product gained traction within professional sports communities, including the PGA, USTA, NBA, NFL, and CrossFit. These endorsements have significantly boosted Chalkless’s credibility, helping it gain a foothold in sports where grip is critical to performance.
Social Media Engagement
it has leveraged social media platforms like Instagram, Facebook, and Twitter to build a loyal following. Through regular updates, testimonials from athletes, and product demonstrations, the company has successfully engaged with its audience. Athletes from various disciplines have shared their experiences with Chalkless, praising its ability to maintain a firm grip without creating a mess.
Product Availability and Sales Growth
Since the Shark Tank appearance, Chalkless has expanded its product offerings to include small and large containers, allowing consumers to choose the best option. The larger container, which offers around 100 doses, retails for $35.99, while the smaller version is priced at $24.99.
2024 the company reported $740,000 in sales, reflecting the increasing demand for its innovative product. With a healthy 67% profit margin, Chalkless is positioned to continue growing its market share as more athletes and fitness enthusiasts adopt it for their training and competition needs.
Future Growth Potential
The future of Chalkless looks promising as the company continues to gain exposure in various sports communities. With the support of Kevin O’Leary and Rashaun Williams, the brand is well-positioned to expand its reach through strategic partnerships, sponsorships, and media campaigns. As the product becomes more widely recognized, Chalkless has the potential to become the go-to solution for athletes seeking a reliable and eco-friendly grip-enhancement product.
Chalkless: The Ideal Solution for Grip Enhancement
With its patented Grip Enhancer Technology, non-toxic formulation, and environmentally friendly approach, Chalkless offers a superior alternative to traditional chalk products. Whether you’re a professional athlete, a fitness enthusiast, or want a better grip during physical activities, Chalkless provides a reliable, effective solution that helps you perform at your best.
As more athletes and fitness professionals continue to adopt Chalkless for its unique grip-enhancing benefits, the product is poised to become a dominant force in the fitness and sports industries. The support of influential investors like Kevin O’Leary and Rashaun Williams will only accelerate the growth of Chalkless, helping it reach new heights in the coming years.
Conclusion: The Future of Chalkless
Chalkless has revolutionized grip-enhancement solutions by providing a safe, effective, and environmentally friendly alternative to traditional chalk. With its strong market presence and increasing adoption across various sports, the future looks bright for this innovative product. The partnership with Kevin O’Leary and Rashaun Williams has given Chalkless the resources and expertise to scale its operations and expand its reach in the sports and fitness communities.
As the company continues gaining momentum, we’ll watch closely for more updates and developments. The journey of Chalkless is just beginning, and its potential to reshape the grip-Penh
For the latest updates from Shark Tank Season 16, Episode 5, explore the links below:
Before you go, make sure to check out our list of all the Shark Tank Season 16 products.
