Retold
DealTextile mail-in recycling service
Retold, the textile mail-in recycling service, landed on the national radar after pitching the sharks in Season 14, and convinced Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $300K
- Asked for
- 15%
- Offered equity
- $2M
- Sought valuation
- $300K
- Deal amount
- 25%
- Deal equity
- $1.2M
- Deal valuation
Alan Yeoh and Amelia Trumble faced the sharks in Season 14, Episode 14 in the episode that aired February 17, 2023. Retold, the textile mail-in recycling service, pitched in the Fashion & Beauty category, one of 239 fashion & beauty businesses to brave the Tank across all 17 seasons.
They came in asking $300,000 in exchange for 15% equity, putting a $2M valuation on the business.
Mark Cuban made the deal at $300,000 for 25% equity. That priced the company at $1.2M, a haircut from the $2M the founders walked in asking for, which is how negotiations in the Tank usually go.
Across Season 14, 62 of 87 pitches ended in a handshake. In the Fashion & Beauty category overall, roughly 58% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Retold?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Retold get a deal on Shark Tank?
Yes. Retold closed a deal for $300,000 in exchange for 25% equity, with Mark Cuban.
Which shark invested in Retold?
Mark Cuban invested in Retold ($300,000 total as aired).
What season of Shark Tank was Retold on?
Retold appeared in Season 14, Episode 14, which aired February 17, 2023.
How much was Retold asking for on Shark Tank?
The founders asked for $300,000 for 15% of the company, a $2M valuation.
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