R.Riveter

handbags made from upcycled military materials

R.RiveterDealFashion & BeautyWebsiteSouthern Pines, NCS7E16

Pitch Details

Season / Episode

S7E16

Feb 5, 2016

Ask

$100,000

for 20%

Ask Valuation

$500,000

Deal

$100,000

for 20%

Watch the Pitch

Deal Terms

Amount$100,000
Equity20%
Valuation$500,000
Mark CubanMark Cuban

What Happened Next

Operating

$2M

reported

  • Deal with Mark Cuban for $100K/20%
  • Expanded to 80 Riveters workforce
  • $2M annual revenue
  • Filed for federal bankruptcy protection October 2024
  • Founders said company will continue operations

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