Rags To Raches, Where to Buy + Shark Tank On-Air Deal (Season 7)

From the show

The Shark Tank pitch

$200K
Asked for: 10%
Offered equity: $2M
Sought valuation: $200K
On-air deal amount: 15%
Deal equity: $1.3M
Implied equity valuation

The pitch introduced Rags To Raches in Season 7, Episode 19. The episode aired February 21, 2016.

On the carpet, the number was $200,000 for a 10% stake, which valued the company at $2M.

Rags To Raches reached a recorded on-air agreement with Robert Herjavec for $200,000 and 15% equity. The record lists a $1.3M implied deal valuation, compared with the $2M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

Rags To Raches appears among 116 Season 7 pitches; 66 are recorded as accepted on-air deals. Across 241 fashion & beauty pitches with known outcomes in the index, 58% are recorded as accepted deals.

Robert Herjavec$200K

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Frequently asked questions

Where can I buy Rags To Raches?

We have not verified a current official store or active Amazon listing for Rags To Raches. The product may be discontinued or sold under a different name.

Did Rags To Raches get a deal on Shark Tank?

Rags To Raches reached a recorded on-air agreement with Robert Herjavec for $200,000 and 15% equity. The record lists a $1.3M implied deal valuation, compared with the $2M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

Which shark made an on-air offer to Rags To Raches?

Robert Herjavec appears in the recorded on-air terms for Rags To Raches. The deal answer above gives the recorded structure.

What season of Shark Tank was Rags To Raches on?

Rags To Raches appeared in Season 7, Episode 19, which aired February 21, 2016.

How much was Rags To Raches asking for on Shark Tank?

The founders asked for $200,000 for 10% of the company, a $2M valuation.

Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.