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.

Thriving

$4M

reported

  • Sales went up five times within a month of airing; over 100 retailers offered to carry products
  • Raised $1.5 million in venture investment in 2018; placed in Nordstrom and secured Disney deal
  • Annual revenue $4 million as of May 2023

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