No Limbits Shark Tank Update

No Limbits Shark Tank Pitch

Erica Cole appeared on Shark Tank Season 13, Episode 18, which aired on April 1, 2022, with line of adaptive clothing for those with disabilities.

No Limbits is listed in the Clothing Fashion category. In plain terms, the business is described as line of adaptive clothing for those with disabilities.

No Limbits asked the Sharks for $100,000 for 6%, implying a valuation of about $1.7 million.

On the show, No Limbits made a listed deal with Mark Cuban for $100,000 for 10%.

If treated as straight equity, the listed deal works out to about $1 million implied valuation, down from the original $1.7 million implied valuation.

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

No Limbits After Shark Tank

No Limbits accepted an on-air Shark Tank deal for $100,000 for 10%. Later follow-up coverage says the deal closed. (No Limbits Shark Tank Update – Can Fashion Be Truly Inclusive?

In December 2022, No Limbits secured $1.4 million in seed funding from Halcyon Angels and The Disability Opportunity Fund, with Mark and Emma also contributing a portion. (No Limbits Shark Tank Update – Can Fashion Be Truly Inclusive?

The company also received plenty of wholesale inquiries from major retailers. (No Limbits Shark Tank Update – Can Fashion Be Truly Inclusive?

The company received an update segment in season 14 wherein Erica shared how the founder had struggled to dress herself after her amputation. (No Limbits Shark Tank Update – Can Fashion Be Truly Inclusive?

Erica expanded her business into Walmart and secured placements in hundreds of prosthetic, wheelchair, and VA clinics. (No Limbits Shark Tank Update – Can Fashion Be Truly Inclusive?

No Limbits remains active online through no-limbits.com, which serves as its current storefront. (No Limbits website

Sources

Sources used for this page: Shark Tank API pitches