The Lapel Project

stick-on false lapels for jackets

The Lapel ProjectDealFashion & BeautyWebsiteMiami, FLS8E2

Pitch Details

Season / Episode

S8E2

Sep 30, 2016

Ask

$150,000

for 20%

Ask Valuation

$750,000

Deal

$150,000

for 30%

Watch the Pitch

Deal Terms

Amount$150,000
Equity30%
Valuation$500,000

What Happened Next

Operating
0
  • Appeared on Season 7; no deal made on the show
  • Magnetic lapel pins with interchangeable designs for suit jackets
  • Niche fashion accessory with limited market demand
  • Did not achieve significant scale after the show
  • Company appears to have ceased operations

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