Sarah Oliver Handbags Shark Tank Update
designer handbags hand-knitted
What Happened to Sarah Oliver Handbags After Shark Tank
Is Sarah Oliver Handbags still in business? No — the company has shut down.
- Deal closed with Lori Greiner, Robert Herjavec, and Kevin O'Leary for $250,000 for 30% equity
- Website crashed on show night due to massive traffic
- Closed in April 2017 when US Department of Labor ruled that paying for piece work was illegal
Last verified Apr 1, 2026. Web-confirmed sources.
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The Sarah Oliver Handbags Shark Tank Pitch
Sarah Oliver Handbags pitched on Shark Tank Season 7, Episode 10, which aired Friday, December 4, 2015, asking for $250,000 for 20% of the company — a $1.3M valuation.
Lori Greiner, Robert Herjavec and Kevin O'Leary teamed up and agreed to invest $250,000 for 30% equity, valuing the company at $833,333. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S7E10Dec 4, 2015
- Ask
- $250,000for 20%
- Ask Valuation
- $1.3M
Deal Terms
- Amount
- $250,000
- Equity
- 30%
- Valuation
- $833,333
Lori Greiner
Robert Herjavec
Kevin O'Leary