Cincha
Stylish travel belts and accessories that secure carry-on bags to rolling luggage handles
Pitch Details
Season / Episode
S14E19
Apr 7, 2023
Ask
$200,000
for 15%
Ask Valuation
$1.3M
Deal
$100,000
for 25%
Watch the Pitch
Deal Terms
Amount$100,000
Equity25%
Valuation$400,000
Loan$100,000
Barbara CorcoranWhat Happened Next
Thriving
$5M
reported
- Deal with Barbara Corcoran for $100K cash + $100K line of credit for 25% equity
- ~$5M annual revenue by 2024
- Founder James Baker went from homelessness to Harvard Law
- Donates frequent flyer miles via Miles4Migrants
- Travel strap securing carry-on bags to luggage handles
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