Rareform

backpacks and bags made from recycled billboards

RareformDealFashion & BeautyWebsiteLos Angeles, CAby Alex and Aric AvedissianS8E19

Pitch Details

Season / Episode

S8E19

Mar 3, 2017

Ask

$300,000

for 10%

Ask Valuation

$3M

Deal

$300,000

for 10%

Deal Terms

Amount$300,000
Equity10%
Valuation$3M
Loan$300,000

What Happened Next

Thriving
  • Sales tripled in the aftermath of the original air date.
  • Over 200 surf shops, Whole Foods, REI, Amazon, and many other retailers nationwide.
  • Second facility in Nashville.
  • Projected to generate $5 million in annual revenue as of July 2024.

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