Shark Tank The Murder Mystery Co., an entertainment company founded by Scott Cramton, telecasted Shark Tank USA in 2024 on Season 15. The founder was seeking $350,000 for 5% equity. However, they secured a deal with Jason Blum, $350,000 for 10% equity. In this article, we will explore The Murder Mystery Co.’s net worth in 2024, its Shark Tank pitch summary, and more.
The Murder Mystery Co. Net Worth
As of April 2024, The Murder Mystery Co.’s net worth is $6 million, and its annual revenue was $7 million in 2023.
| Net worth | $6 million |
| Annual Sales Revenue | $7 million (In 2023) |
| Profits | $850K (In 2023) |
| Lifetime sales | $50 million |
| Employees | 2000 part-time employees |
The Murder Mystery Co. Net Worth Timeline
| Net Worth 2024 | $6 million |
| Net Worth 2023 | $5 million |
| Net Worth 2022 | $4.5 million |
Shark Tank The Murder Mystery Co. Update from Season 15
It’s the top theater company in America for thrilling shows that mix laughter with suspense. With customizable packages and professional actors, they ensure memorable experiences. Scott’s taking his business to ‘Shark Tank’ Season 15 Episode 18, hoping to impress the Sharks and secure a deal. Initially, Scott valued the business at $7 million and asked for $350,000 for a 5% equity.
Kevin O’Leary dove into the business and asked about its business model and how it gets customers. Scott Cramton confirmed they’re in 23 strategic cities. He also said that the company started over 20 years ago but has become more impressive since 2017.
Jason Blum asked about the number of people involved in the company. Scott said they had about 2000 part-time workers. Jason then asked about sales, and Scott said they made around $50 million since 2017. Last year, they made $7 million in sales with a profit of $850,000.
Also, he expected to make $10 million in sales and $2 million in profit in the filming year. Despite these impressive numbers, he was seeking a shark’s help. Kevin wondered why Scott needed a Shark with those sales. Scott said he wanted to expand the brand to public shows and needed help. He dreamed of having The Murder Mystery Co. perform in hotels, Vegas, and other big entertainment spots.
Barbara asked if they performed at clients’ homes. Scott said that before COVID-19 2019, they had done over 1,000 public shows but had to stop it because of the pandemic. Since then, they’ve focused on private events, where they train hosts for parties all over America.
Barbara and Kevin asked about prices and show duration. Scott said that depending on different factors, private parties prices vary from $499 to $2,000, and even up to $10,000. Also, he said a show usually lasts around 2 1/2 hours with dinner.
Mark Cuban asked about the number of participants per show and the ticket price. Scott said they could handle 120 people and charged $60 to $90 per ticket, including food.
Jason offered $350,000 for a 10% equity, valuing the company at $3.5 million. All the Sharks agreed Scott should take the deal. Scott wanted to negotiate, but Mark Cuban interrupted to caution Scott about risking the deal by giving away too much equity, especially with the ideal shark for his brand. So, Scott understood and accepted Jason’s offer.
Jason Blum liked The Murder Mystery Company because of its profits and many shows. He thought his horror movies connected well with immersive entertainment.
| Company Name | The Murder Mystery Co. |
| Founder | Scott Cramton |
| Business | The Murder Mystery Company is known as the leading experts in mystery entertainment nationwide |
| Episode | Season 15, Episode 18 |
| Asked Deal | $350,000 for 5% equity |
| Final Deal | $350,000 for 10% equity |
| Shark | Jason Blum |
| Business Status | In business |
| Company Website | Visit Website |
| Headquarter | Grand Rapids, Michigan, USA |
What Happened to The Murder Mystery Co. after Shark Tank?
As of April 2024, The Murder Mystery Co. is still in business. The Murder Mystery Company started in a living room in Grand Rapids, Michigan 2002. Now, it’s a big deal across the country. They put on over 6,500 shows every year with more than 20 groups and 500,000 guests.
Also, looking ahead, Scott is focused on bringing back public shows and expanding to more than 30 locations across America. His team aims to host around 10,000 events in 2024 alone.
The cost of a murder mystery party from The Murder Mystery Co. depends on a few things. The number of people and where you host the party also matters. Larger groups need more stuff and a bigger space. Professionals can help you use the venue well for an excellent experience.
Also, decorations are crucial to setting the right mood. You can find cheap decor at thrift stores or can make your own. However, hiring an event planner can get you unique stuff that matches your theme. Costumes and props play a significant role in bringing the party to life.
Visit the company’s website to help plan your murder mystery party. Talk to experts there who can help bring your party vision to life. You can also have a fun and unique time by going to a murder mystery dinner theater show. Also, you can buy a ticket on the company’s website.
After the Shark Tank appearance, The Murder Mystery Co. has grown significantly and become a significant player in the market. After the show, they have over 8,700 followers on Instagram. Also, you can also join Zoom meetups to solve mysteries online.
The Murder Mystery Co. Founder
Scott Cramton founded The Murder Mystery Co. He called himself a miracle because he was born and spent 18 years in speech therapy. Doctors thought he might never speak, but after seven surgeries and twenty years of treatment, he overcame it. Immersive therapies helped him gain confidence in speaking.
He started The Murder Mystery Company in 2002, starting small but growing to become the top immersive entertainment company worldwide. Inspired by his therapist’s doubt about acting, he became determined to pursue it.
Born in 1980 in Detroit, he overcame personal challenges to earn a Bachelor of Science in Theater from Grand Valley State University. His extensive theater experiences worldwide shaped his interactive theater style.
The Murder Mystery Co. Achievements and Awards
| Year | Achievements and Awards |
| 2024 | The company appeared on Shark Tank Season 15 and got a deal from guest Shark Jason Blum |
Conclusion
Shark Tank is a TV show that showcases different business ideas and helps them succeed. The Murder Mystery Co. was one of the ventures featured on the show. They made a deal with Jason Blum, showing that success is possible with the right idea and execution. Now, we eagerly await to see how their success story unfolds in the future.
Before you leave, check out the other company updates in Season 15, Episode 18.
