Yes, in the sense that the product is still in active use, though the original company was acquired years ago. JumpForward’s on-air Shark Tank deal never actually closed, but that didn’t stop the business from succeeding independently.
What happened with the Shark Tank deal
Founders Brian and Adam had asked for $150,000 for 10% equity and left the pitch with a far larger offer: $600,000 for 50% from Kevin O’Leary and Robert Herjavec. Despite the on-air agreement, the deal never closed.
What happened instead
JumpForward grew regardless, eventually serving more than 150 college athletic departments with a reported 99% annual subscription renewal rate, a genuinely strong retention number for enterprise software. In May 2016, Active Network acquired the company outright for an undisclosed amount, meaning JumpForward’s technology continues operating today, just not as an independent company under its original founders.
Where the founders are now
Neither original founder remains with the business. As of recent reporting, Brian founded and runs Livly, while Adam serves as Chief Product Officer at Vantaca, both separate companies from JumpForward.
Frequently asked questions
Did JumpForward’s Shark Tank deal close?
No. The on-air agreement for $600,000 for 50% with Kevin O’Leary and Robert Herjavec never closed.
What happened to JumpForward after Shark Tank?
It grew to serve over 150 college athletic departments before being acquired by Active Network in May 2016.
Are the original founders still running JumpForward?
No. Both have moved on to separate companies since the acquisition.
For more Shark Tank updates, see Talmyn’s Business Case Studies desk.
