Rags To Raches

one-piece rompers for children

Rags To RachesDidn't CloseFashion & BeautyWebsiteCenterville, UTS7E19

Pitch Details

Season / Episode

S7E19

Feb 21, 2016

Ask

$200,000

for 10%

Ask Valuation

$2M

Deal

$200,000

for 15%

Watch the Pitch

Deal Terms

Amount$200,000
Equity15%
Valuation$1.3M

What Happened Next

Deal Fell Through

Deal with Herjavec never closed after the show. No specific reason publicly documented. Company went on to secure $1.5M in VC and a deal with Nordstrom.

Operating

$4M

reported

  • Appeared on Season 7; deal with Daymond John for $200K for 25%
  • Rompers for babies and toddlers made from upcycled/soft fabric
  • Strong social media following and direct-to-consumer sales
  • Expanded product line beyond rompers to full children's clothing
  • Continued operating as a children's clothing brand with loyal customer base

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