The Murder Mystery Company Net Worth Shark Tank Update

Events are a part of daily life, from birthday parties to large corporate gatherings. They offer a fun way to connect with people, enjoy drinks, and indulge in delicious refreshments. But they become even more exciting when they include creative activities, like mystery shows where everyone can participate. These interactive elements add an extra layer of enjoyment, making the experience more memorable and engaging for everyone involved.

Scott Cramton, the owner of The Murder Mystery Company, has introduced a way to make parties more fun. His company provides private and immersive experiences and creates mystery shows not only on small occasions like birthdays but also in corporate holiday events. It works by sending professionally trained Immersioneers to the required customer with the right probes for their party requirements.

The owner came on Shark Tank to request $350K in exchange for 5% in his company. He also presented a glimpse of his creative company through a murder scene on the set to entertain the judges. Let’s see if he got the deal or not.

The Murder Mystery Company Net Worth Shark Tank Update

Scott was looking for an investment of $350K in exchange for 5% equity in the company. At the time of the episode, he valued his company at $7 million. Scott successfully secured a deal with Jason Blum for an investment of $350K for 10% equity in the company. The investment adjusted the company’s net worth to around $3.5 million. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of The Murder Mystery Company in 2024 is around $20 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Kevin O’Leary	Out	N\A	N\A
Mark Cuban	Out	N\A	N\A
Lori Greiner	Out	N\A	N\A
Barbara Corcoran	Out	N\A	N\A
Jason Blum	$350K for 5% equity	$350K for 10% equity	Yes

The Owner’s Backstory

Scott related that when he was born, doctors told his parents that he wouldn’t be able to speak and thus communicate with people properly. He had a severe cleft palate. To overcome the issue, he had been through seven surgeries and 20 years of speech therapy.

This compelled him to start his own talent show which not only gave voice to him but also to many other people working in his company. Now he owns a creative company that is known for its voice and the creative, entertaining events that he hosts.

Initial Pitch

The owner came on the show to seek $350K for a 5% equity stake. His company is basically a performance group that provides creative mystery events to different parties like birthdays, and other official parties.

Queries about the Product

Jason, the guest shark, asked the first question about his location for executing these events. Scott related that his company is functional in 23 different cities.

Kevin inquired about his duration of doing the business. The owner replied that it has been 20 years but in 2017 it was seriously executed.

Jason also asked about the number of Immersioners in his company. They are about 2K in number and they all are part-time workers in his company.

The guest shark was also curious about his sales. Scott highlighted that his sales have been about $50M since 2017.

Kevin inquired about his last year’s sales. The owner replied that it was about $7M in sales last year and $800K in profit.

He also added that this year’s estimated sales are $10M with $2M in profit.

Mr. Wonderful was also curious to know why he needed a shark. Scott pointed out that he wants his company to be more visible through public shows.

He also related that in 2019, his company did almost 1200 individual public shows but it stopped because of COVID and he even lost his partnerships which he achieved through 10 years of hard work. For now, their company has become a private one and they move door to door to present their talent.

Corcoran asked about his charges for a private show. Scott pointed out that he charges as low as $499 to a maximum of $10K. These prices vary depending on the demand of the customers.

Kevin also inquired about the duration of their shows. The owner replied that it was for about two hours.

Cuban asked about the number of places his show would acquire in a hotel and his charges for it. Scott highlighted that personally, he would love to get 120 and a ticket will be between $60 to $90 including food.

Shark’s Response and Final Decision

Jason offered Scott $350K in exchange for a 10% stake in his company. Scott quickly agreed to the offer, pleased to secure a partnership. With a shark on his team, he left the set excited about the future growth of his company.

Product’s Availability

A few days after appearing on Shark Tank, Blum shared with The Hollywood Reporter that Scott has developed a highly successful business with The Murder Mystery Company and American Immersion Theater. Blum praised Scott’s commitment to offering guests more than just a show—an exciting, personalized experience.

Blum expressed enthusiasm about partnering with Scott and his team of “Immersioneers” to explore new ideas in immersive entertainment. Scott is now focused on reintroducing public shows and has successfully grown to over 24 locations across the U.S. His team has also set an ambitious goal to host approximately 10K events in 2024.

The company’s events and charges can also be seen on The Murder Mystery Co. website

Conclusion

Scott’s journey with The Murder Mystery Company has been inspiring, as he turned personal challenges into a successful business that brings immersive, interactive experiences to life. Appearing on Shark Tank, Scott showed his passion for creating unique events, earning a deal with Jason.

With Blum’s support, Scott aims to reintroduce public shows and continue growing his company across the U.S., setting a goal of hosting 10K events in 2024. The partnership marks an exciting step forward in making memorable entertainment accessible to a wider audience.