Range Beauty Shark Tank Update

Range Beauty Shark Tank Pitch

Myisha Fantroy and Alicia Scott appeared on Shark Tank Season 13, Episode 14, which aired on February 24, 2022, with clean beauty for the forgotten shades of skin.

Range Beauty is listed in the Cosmetics Beauty category. In plain terms, the business is described as clean beauty for the forgotten shades of skin.

Range Beauty asked the Sharks for $150,000 for 6%, implying a valuation of about $2.5 million.

On the show, Range Beauty made a listed deal with Lori Greiner for $150,000 for 20%.

If treated as straight equity, the listed deal works out to about $750,000 implied valuation, down from the original $2.5 million implied valuation.

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

Range Beauty After Shark Tank

Range Beauty accepted an on-air Shark Tank deal for $150,000 for 20%. Later follow-up coverage says the deal closed. (Range Beauty Shark Tank Update – $300 to $3M in Sales

Also, at this time, Range Beauty is in negotiations to get $1.5 million in venture funding. (Range Beauty Shark Tank Update – $300 to $3M in Sales

As of November 2023, the company has products on Target’s website and has done pop-up shops at several Nordstrom stores. (Range Beauty Shark Tank Update – $300 to $3M in Sales

Range Beauty remains active online through rangebeauty.com, which serves as its current storefront. (Range Beauty website

Sources

Sources used for this page: Shark Tank API pitches