2024 Spy Escape and Evasion Shark Tank Update | Spy Escape and Evasion after the Shark Tank Pitch (2024)

Jason Hanson, the founder of Spy Escape and Evasion, went into Shark Tank seeking $100,000 in exchange for a 15% stake in his company. This equated to a $666,666.67 valuation of his company.

Ultimately, he accepted Daymond’s offer of $150,000 for a 45% stake which implied that Daymond valued the company at $333,333.33.

Since appearing on Shark Tank, Spy Escape and Evasion has experienced tremendous growth and success as they have secured additional funding and partnerships leading to a net worth of 1 Million USD as of 2023.

What is Spy Escape and Evasion?

Spy Escape and Evasion is a company that provides survival training, and it was established by Jason Hanson, a former CIA agent. Jason Hanson was raised in the Washington, D.C., metropolitan area and developed an interest in law enforcement.

Although he applied to both the Secret Service and CIA, he was eventually hired by the Arlington, Virginia police department. However, he was later accepted by both the CIA and Secret Service, and he chose to work for the CIA because of their excellent employee benefits.

As a CIA field agent, he was able to fulfill many of his childhood dreams, but the demanding lifestyle took a toll on family life, resulting in 80% of field agents getting divorced.

Not wanting this for himself or his family, and also not wanting to spend 30 years as an analyst shackled to a desk, he left the CIA and moved to Utah with his wife to start a family and create the Concealed Carry Academy.

After developing the curriculum, he began offering Spy Escape classes, primarily to business executives who were traveling abroad for work. However, as many of these individuals returned and recommended the course to their spouses, he wanted to expand the offering to a wider audience.

While the majority of his students are conservative American males, ranging in age from nine to seventy, he has also taught children, executives, and soccer moms. Overall, Jason Hanson is the founder of Spy Escape and Evasion.

What happens to Spy Escape and Evasion at the Shark Tank Pitch?

During Shark Tank Season 5 Episode 18, Jason Hanson pitched his company and asked for a $100,000 investment in exchange for a 15% stake. This would value his company at $666,666.67.

Jason’s company had total sales of $306,000 and profits of $128,000. However, during his pitch, Barbara duct-taped his hands, and he used zip ties to demonstrate how to escape them.

The sharks expressed concerns about the inconvenience and expense of Jason’s business model, which required people to travel to a single location for his seminars. They suggested selling the seminars as standalone events and bringing them to people instead.

Robert offered Jason $100,000 for a 50% stake but wanted him to change the business model entirely. Mark liked the concept but was out, while Daymond offered $150,000 for a 45% stake and suggested focusing on suburban moms and families.

Spy Escape and Evasion after the Shark Tank Pitch

Jason stated that he had completed the contract with Daymond, who he described as a fantastic and down-to-earth partner. They have kept in touch by talking or emailing once a week since signing the agreement.

The exposure from appearing on Shark Tank also helped Jason’s business. He said that their website traffic increased dramatically, resulting in $200,000 in sales in just one week, which usually takes eight months to achieve.

Partnering with Daymond was a significant help for Jason, as he is not an online marketing expert, and Daymond provided valuable assistance in that area.

The Spy Escape and Evasion approach remains popular, and Jason has appeared on several programs, including Dateline NBC, Rachael Ray’s talk show, The Today Show, and Forbes’ website.

The 2016 spy camp is completely sold out, but bookings for 2018 are still being accepted. Spy Escape and Evasion now offers a wider range of events, including an Advanced Spy Course, an Escape & Evasion Driving Experience, and Ultimate Spy Week.

The Spy Escape and Evasion website is regularly updated with blogs and articles covering similar themes to their teachings, as well as resources related to self-defense. The website also includes a link to their store, which offers a 10% discount on the entire Spy store.

Spy Escape and Evasion Net Worth

Jason Hanson enters Sharks Tank seeking $100,000 in exchange for a 15% stake in his company. This equates to $666,666.67. He accepted an offer from Daymond of $150,000 for a 45% stake thus implying a $333,333.33 valuation.

Spy Escape and Evasion Competitors

There is no competitor identified for Spy Escape and Evasion.

Spy Escape and Evasion Shark Tank Updates

Spy Escape and Evasion is a company that offers survival training courses and resources for home and personal defense. The company was founded by Jason Hanson, a former CIA officer who provides insight into the world of security and spy techniques.

Spy Escape and Evasion appeared on Shark Tank Season 5 in February 2014 and made a deal with Daymond John. Daymond offered $150,000 for 45% of the business, and the deal went through.

Since the Shark Tank appearance, Spy Escape and Evasion has continued to offer its courses and resources for self-defense. Jason Hanson has gone on to develop his ranch, host many pieces of training there, and even write books.

The company is still in business as of 2023. The net worth of Spy Escape and Evasion is $1 million as of 2022.

Spy Escape and Evasion offers a two-day course that trains civilians how to pick locks, escape from being detained, and more.

The course was initially designed for high-profile people who were afraid of being kidnapped, but ordinary people were also interested in self-defense. The company’s online concealed carry permit course is the centerpiece of its business.

Daymond John has been an awesome partner for Spy Escape and Evasion, and the biggest benefit is that he has connections that Jason Hanson doesn’t have. Since inking the deal, they talk or email every week. The results of Daymond’s investment can be seen in the company’s sales spike.

Spy Escape and Evasion Shark Tank Table Summary:

Spy Escape and Evasion FAQS

What Is Spy Escape And Evasion, Founder, And How Does It Works?

Spy Escape and Evasion is a company that provides survival training and teaches people how to stay safe using spy secrets that 99% of Americans will never know. The company was founded by Jason Hanson, a former CIA agent, in 2010.

The goal of Spy Escape and Evasion is to teach men and women how to be safe using spy secrets that can mean the difference between life and death for them or their family members.

Spy Escape and Evasion offers a one-of-a-kind experience that allows audiences to witness real spy tradecraft up close and personal and teaches them how to keep safe, all while serving up a side of comedy and even a little mystery.

The company also offers training classes for individuals and corporations. Jason Hanson pitched Spy Escape and Evasion on Shark Tank in February 2014 and requested $100,000 in return for a 15% ownership in his business.

After he appeared on the show, interest in Spy Escape and Evasion skyrocketed, and more people began buying its products online and at retailers like Walmart and Target, not just in the United States but around the world as well.

Today, Jason Hanson’s net worth is estimated at approximately $4 million dollars.

What Was The Valuation Of Spy Escape And Evasion Before Appearing On Shark Tank?

Jason Hanson, the founder of Spy Escape and Evasion, appeared on Shark Tank in 2014 seeking $100,000 in exchange for a 15% stake in his company, which is valued his company at $666,666.67.

Daymond John made an offer of $150,000 for a 45% stake in the company, implying a valuation of $333,333.33. Spy Escape and Evasion accepted Daymond’s offer.

Since appearing on Shark Tank, Spy Escape and Evasion has experienced tremendous growth and success, securing additional funding and partnerships leading to a net worth of $1 million as of 2022. As of 2023, the net worth of the company is $550,000.

Spy Escape and Evasion is a company that provides safety and survival training, including self-defense, escape and evasion, and spy skills. The company was founded by Jason Hanson, a former CIA officer, who wanted to teach people how to protect themselves in dangerous situations.

After appearing on Shark Tank, the company became more popular, and Jason wrote a book called “Spy Secrets That Can Save Your Life,” which became a top-selling book. Spy Escape and Evasion is still in business and doing well.

What Happened To Spy Escape And Evasion After Appearing On Shark Tank?

Jason Hanson, the founder of Spy Escape and Evasion, appeared on Shark Tank in February 2014, seeking $100,000 in exchange for a 15% stake in his company, which was valued at $666,666.67. Daymond John made an offer of $150,000 for 45% of the company, which Hanson accepted.

After the show, Hanson’s business continued to grow. He had a book on safety and survival tips coming out in the fall of 2014, and he was on the road with 18 Spy Escape and Evasion courses through mid-November.

Since the Shark Tank episode, Spy Escape and Evasion has evolved significantly. The company now offers an expanded range of courses, including a 2016 spy camp that was completely sold out.

Hanson completed his contract with Daymond John, who he described as a fantastic and down-to-earth partner. They have kept in touch by talking or emailing once a week since signing the agreement.

As of 2023, the net worth of Spy Escape and Evasion is $1 million. While it is unclear what happened to the company immediately after the Shark Tank episode, it is clear that Hanson’s business has continued to grow and evolve over the years.

What Is The Current Valuation Of Spy Escape And Evasion?

The current valuation of Spy Escape and Evasion is not explicitly stated. However, the company’s valuation was $666,666.67 when Jason Hanson, the founder of Spy Escape and Evasion, appeared on Shark Tank seeking $100,000 in exchange for a 15% stake in his company.

Daymond offered $150,000 for a 45% stake, implying a $333,333.33 valuation. The net worth of Spy Escape and Evasion was $1 million in 2022 and is currently $550,000 in 2023.

After being featured on Shark Tank, the company became more popular, and Jason wrote a book titled “Spy Secrets That Can Save Your Life,” which was on a list of top-selling books at that time.

Spy Escape and Evasion provides survival training and offers products such as gun belts and jiggler keys.

In summary, the current valuation of Spy Escape and Evasion is not provided in the search results. However, the company’s valuation was $666,666.67 when Jason Hanson appeared on Shark Tank, and the net worth of the company was $550,000 in 2023.

Are Spy Escape And Evasion In Business?

Yes, Spy Escape and Evasion is still in business as of 2023. Spy Escape and Evasion is a company that provides survival training, and it was established by Jason Hanson, a former CIA agent.

The company offers self-defense products and hosts spy camps where regular people can learn how to escape and evade dangerous situations Spy Escape and Evasion generates revenue through the operation of spy camps. The company is headquartered in Cedar City, Utah.

In 2013, Jason Hanson appeared on Shark Tank and accepted Daymond John’s offer of $150,000 for a 45% stake in the business. Since then, Jason has gone on to develop his ranch, host many pieces of training there, and even write books. Spy Escape and Evasion is a unique and profitable business.

How much was he asking in the Shark Tank?

$100,000 in exchange for a 15% stake in his company.

Did he get a deal from the Sharks?

He accepted an offer from Daymond of $150,000 for a 45% stake.

Where is Spy Escape and Evasion Headquartered?

Spy Escape and Evasion is headquartered in Cedar City, Utah.

What was the Shark Tank Episode?

Episode 18, Season 5 aired on February 21, 2014.

Is Jason Hanson a CIA officer?

Jason Hanson is a former CIA officer, security specialist, and Shark Tank champion on ABC. Spy Secrets That Can Save Their Life, his debut book, was a New York Times best-seller.

How do Spy Escape and Evasion make money?

Spy Escape and Evasion makes money by hosting spy camps.

Where can they find the Spy Escape and Evasion?

They can visit their website www.SpyEscapeAndEvasion.com

What are the strengths of Spy Escape and Evasion?

Spy Escape and Evasion is a very unique company that has proved to be successful.

What are the weaknesses of Spy Escape and Evasion?

Although the concept of hosting spy camps is a good idea, it is not the right business for all people.

What is the net worth of Jason Hanson?

Unknown.

Where is Spy Ranch?

Jason Hanson, a former CIA officer and New York Times bestselling book, created the game. They offer four distinct activities on our 320-acre Spy Ranch, including spy driving, spy pistol, spy rifle, and spy escape & evasion.