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

What Happened Next

Thriving

$2M

reported

  • Deal closed with Mark Cuban for $100,000 for 20% equity plus a line of credit
  • Expanded workforce to 80 Riveters; annual revenue $2 million as of 2024

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