sworkit.com
sworkit.com

First into the tank is Sworkit seeking $1.5 million for eight percent equity.

Sworkit offers personalized video workouts that can be viewed at any time, therefore, fitting your schedule. Users can select how much time they have and receive a personalized workout “playlist.”

They’ve been in the health and fitness space for five years and since starting Sworkit, have made $460,000. The app–offered on iPhone, iPad and Android–itself it free, however, can be upgraded with more workouts for a cost. The also have a kids version in their sights.

Social reactions from Sworkit’s appearance on Shark Tank

Kevin O’Leary offers $1.5 million as debt with 7.5 percent equity, then dropping to 2.75 percent. $1.5 million for 10 percent is offered from Mark Cuban, and $1.5 million in credit from unused ad inventory.

Lori Greiner goes out, after making Cuban extremely impatient. Robert Herjavec says he was going to offer the money for 16 percent but ultimately goes out.

Barbara Corcoran says she’ll download the app, but goes out. They accept Cuban’s offer.

Final deal: Mark Cuban for $1.5 million for 10 percent, with $1.5 million in credit from unused ad inventory.

Would you try Sworkit?