Bala Bangles Shark Tank Update

Bala Bangles Shark Tank Pitch

Natalie Holloway and Max Kislevitz appeared on Shark Tank Season 11, Episode 13, which aired on February 27, 2020, with stylish weighted wrist and ankle weights.

Bala Bangles is listed in the Fitness Outdoors category. In plain terms, the business is described as stylish weighted wrist and ankle weights.

Bala Bangles asked the Sharks for $400,000 for 10%, implying a valuation of about $4 million.

On the show, Bala Bangles made a listed deal with Mark Cuban for $900,000 for 30%.

If treated as straight equity, the listed deal works out to about $3 million implied valuation, down from the original $4 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Bala Bangles After Shark Tank

Bala closed its Shark Tank deal and then caught the home-fitness wave at exactly the right moment. The wearable weights were already visually distinctive, which helped the brand travel well on social media. (Bala Shark Tank update

Follow-up reporting describes millions in sales, a Season 12 update segment, and Target distribution to about 1,700 stores. Bala also experimented with Balacize, an online fitness platform built around the products. (Bala follow-up reporting

The current Bala store sells bangles, beams, bars, rings, mats, and bundles, so the brand grew from a single stylish wrist-weight pitch into a broader design-led fitness accessories company. (Bala official site

Sources

Sources used for this page: Shark Tank API pitches