The Lip Bar Shark Tank Update

The Lip Bar Shark Tank Pitch

Melissa Butler and Rosco Spears appeared on Shark Tank Season 6, Episode 18, which aired on February 5, 2015, with all-natural vegan cruelty-free lipsticks.

The Lip Bar is listed in the Cosmetics Beauty category. In plain terms, the business is described as all-natural vegan cruelty-free lipsticks.

The Lip Bar asked the Sharks for $125,000 for 20%, implying a valuation of about $625,000.

The source data lists no completed on-air deal for The Lip Bar.

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

The Lip Bar After Shark Tank

The Lip Bar left Shark Tank without an on-air deal. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (The Lip Bar Shark Tank Update

The company raised $6.7 million in a seed round in October, 2022 to help grow the brand. The founder cold called a Target buyer and they launched on Target's website in 2016, and in stores in February of 2018. (The Lip Bar Shark Tank Update

The official website for The Lip Bar is listed as thelipbar.com. (The Lip Bar website

Sources

Sources used for this page: Shark Tank API pitches