Retold

Textile mail-in recycling service

RetoldDealFashion & BeautyWebsiteby Alan Yeoh, Amelia TrumbleS14E14

Pitch Details

Season / Episode

S14E14

Feb 17, 2023

Ask

$300,000

for 15%

Ask Valuation

$2M

Deal

$300,000

for 25%

Watch the Pitch

Deal Terms

Amount$300,000
Equity25%
Valuation$1.2M
Mark CubanMark Cuban

What Happened Next

Operating

$500,000

reported

  • Deal with Mark Cuban for $300K/25% closed (confirmed via Crunchbase, Feb 2023)
  • Diverted 150+ tons of textiles from landfills
  • $500K annual revenue in 2022 with 43% profit margins
  • Expanded B2B partnerships with Verizon, Hines, and Vitamin A
  • Opened distribution center in Los Angeles

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