Raising Wild is an Orem, UT-based startup that sells Fashion. Raising Wild appeared in Shark Tank USA Season 08 Episode 03. The pitch was presented by founders Rachelle Hyde and Kara Haught. They were there to seek $100K in exchange for 20% equity.
What does Raising Wild do?
Raising Wild is a swimsuit company. The company offers trendy and affordable swimwear for all body types. They provide a range of swimsuits, including options for kids and matching suits for moms and their children. The swimsuits are designed to be both stylish and practical, featuring adjustable ties, full bum coverage, built-in shelf bras and nursing-friendly designs. All suits are sourced and sewn in LA's garment district.
Company |
Raising Wild |
Founder |
Rachelle Hyde and Kara Haught |
Founded in |
2016 |
Headquarter |
Orem, UT |
Industry |
Fashion |
Sales |
$130,000K at the time of the pitch |
Profitability |
Yes |
Valuation |
$500,000 |
Shark on Board |
Barbara Corcoran |
Asked Investment |
$100,000 for 20% |
Raised Investment |
$100,000 for 50% |
Website |
https://Raising Wild.com/ |
Conclusion
The founder of Raising Wild presented an incredible pitch on Shark Tank USA. The founders of the startup shared their journey and passion for starting a swimwear company, along with their future plans to expand the product line. The sharks, however, were not impressed with the business's expansion plans, as they felt it was too early to broaden the product range. But Shark Barbara trusted the founders' vision and invested in the business. The company is still operating and has surpassed $25 million in sales since their appearance on the show.
Explore Shark Tank USA Season 16 Episode 06.
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