Mountain Flow Eco-Wax - Shark Tank Update

Eco-friendly ski wax

Published Last updated

Season 12, Episode 12 Founded by Peter Arlein In Business

Mountain Flow Eco-Wax Details

Shark Tank Episode Details

Founders Peter Arlein
Air Date 2021-02-05
Season & Episode Season 12, Episode 12
Initial Ask $250K for 10.0% equity
Deal Details Got deal: $300K for 20.0% equity from Barbara Corcoran, Kevin O'Leary
Estimated Yearly Revenue Unknown
Estimated Net Worth (4x estimated revenue) Unknown

The Shark Tank Pitch

Environmental consciousness met winter sports performance when entrepreneur Peter Arlein recognized that traditional ski and snowboard waxes contained harmful petroleum-based chemicals that damaged both the environment and athletes' health, inspiring him to create MountainFlow Eco-Wax, a revolutionary plant-based alternative that delivers superior glide performance while remaining completely biodegradable and non-toxic for sustainable mountain recreation. Arlein's innovative formulation challenged decades of industry convention by proving that eco-friendly wax could outperform traditional petroleum products, using proprietary plant-based ingredients that provided excellent glide characteristics while eliminating the environmental contamination and health concerns associated with fluorocarbon and hydrocarbon waxes used by most skiers and snowboarders.

His mission-driven approach addressed growing environmental awareness among outdoor enthusiasts who increasingly sought products that aligned with their values of protecting the natural environments where they pursued their passions, creating sustainable alternatives that didn't compromise performance or safety. The company demonstrated strong market validation through professional athlete endorsements and growing consumer demand for eco-friendly sports equipment, positioning MountainFlow as a premium brand that appealed to environmentally conscious winter sports enthusiasts willing to pay higher prices for products that supported both performance excellence and environmental stewardship in the mountain recreation industry.

Where Are They Now?

Barbara Corcoran and Kevin O'Leary joined forces to present MountainFlow with a combined offer of $300,000 for 20% equity - a $50,000 increase above the original ask, reflecting their conviction that sustainable outdoor sports equipment occupied a compelling and undersupplied position in a category ripe for disruption. Corcoran brought her track record of scaling consumer-facing brands to the table while O'Leary contributed financial network depth and experience with premium consumable products, giving founder Peter Arlein access to two complementary investor skill sets under a single partnership.

In the years following the episode, MountainFlow continued building credibility within the ski and snowboard community through professional athlete partnerships and competitive racing endorsements, demonstrating on actual racecourses that plant-based wax could match or exceed the glide performance of petroleum-based alternatives in real conditions. The brand received a powerful external tailwind when governing bodies including the International Ski Federation moved to phase out fluorocarbon wax from competitive racing - a long-anticipated regulatory shift that instantly validated the market thesis Arlein had brought to national television and sharply accelerated industry-wide interest in eco-friendly wax alternatives.

MountainFlow responded by expanding its product portfolio beyond ski and snowboard wax to encompass bicycle chain lubricants, mountain bike suspension fluids, and other eco-friendly maintenance products for year-round outdoor athletes, broadening both its addressable market and its off-season revenue base. The company also deepened retail partnerships with specialty outdoor stores known for environmentally vetted inventory, reaching the core demographic of eco-conscious athletes through channels where sustainability credibility carries real purchasing weight.

We found that MountainFlow continues operating as an active, growing business, though specific revenue figures have not been publicly disclosed, and its long-term opportunity may hinge significantly on how broadly the ski industry's fluorocarbon ban translates into mainstream consumer adoption of plant-based wax alternatives.

Revenue

Unknown

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