Ade+Ayo
African print clothing for children
Pitch Details
Season / Episode
S13E15
Mar 11, 2022
Ask
$175,000
for 10%
Ask Valuation
$1.8M
Deal
$200,000
for 33.3%
Watch the Pitch
Deal Terms
Amount$200,000
Equity33.3%
Valuation$600,601
Loan$500,000
Barbara CorcoranWhat Happened Next
Operating
$500,000
estimated
- Deal with Barbara Corcoran for $200K/33.3% + $500K line of credit; deal had not closed as of July 2022
- $160K in sales over first 11 months (direct-to-consumer)
- Expanded beyond kids clothes to toys, accessories, family ensembles
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