Pretty Rugged Shark Tank Update

Pretty Rugged Shark Tank Pitch

Tracy Slocum appeared on Shark Tank Season 14, Episode 5, which aired on October 21, 2022, with wind, water, and spill proof faux fur blankets and clothing.

Pretty Rugged is listed in the Clothing Fashion category. In plain terms, the business is described as wind, water, and spill proof faux fur blankets and clothing.

Pretty Rugged asked the Sharks for $200,000 for 10%, implying a valuation of about $2 million.

On the show, Pretty Rugged made a listed deal with Robert Herjavec and Lori Greiner for $200,000 for 25%.

If treated as straight equity, the listed deal works out to about $800,000 implied valuation, down from the original $2 million implied valuation.

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

Pretty Rugged After Shark Tank

Pretty Rugged accepted an on-air Shark Tank deal for $200,000 for 25%, but later update coverage says the deal did not close. (Pretty Rugged Shark Tank Update

Tracy told a local news outlet the founder did "hundreds of thousands" in sales After the episode aired. (Pretty Rugged Shark Tank Update

the founder is hired 3 sales reps who've gotten the founder's products into over 1000 stores nationwide - primarily independent shops in resort areas. (Pretty Rugged Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches