Glow Recipe Shark Tank Update

Glow Recipe Shark Tank Pitch

Sarah Lee and Christine Chang appeared on Shark Tank Season 7, Episode 10, which aired on December 3, 2015, with cruelty free, natural beauty korean skincare products.

Glow Recipe is listed in the Health SelfCare category. In plain terms, the business is described as cruelty free, natural beauty korean skincare products.

Glow Recipe asked the Sharks for $425,000 for 10%, implying a valuation of about $4.3 million.

On the show, Glow Recipe made a listed deal with Robert Herjavec for $425,000 for 25%.

If treated as straight equity, the listed deal works out to about $1.7 million implied valuation, down from the original $4.3 million implied valuation.

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

Glow Recipe After Shark Tank

Glow Recipe accepted Robert Herjavec's on-air offer, but follow-up reporting says the deal did not close. (Glow Recipe Shark Tank Blog update

That did not slow the company down. Glow Recipe launched in Sephora in 2017 and shifted from a curated Korean-beauty marketplace into its own fruit-powered skincare brand. (Glow Recipe Shark Tank Blog update

Forbes reported that the brand reached about $60 million in sales in 2020 and was on pace for $100 million in annual retail revenue in 2021. (Forbes Glow Recipe sales profile

CNBC later profiled the founders' path from a $50,000 self-funded start to an estimated $100 million business, with Shark Tank serving more as brand exposure than the source of capital. (CNBC Glow Recipe founder profile

Shark Tank Blog reported that by 2023 Glow Recipe had become a global brand with roughly $100 million in annual revenue, after an earlier sale exploration reportedly valued the company between $400 million and $500 million. (Glow Recipe Shark Tank Blog update

The brand remains active through its own website and major beauty retail channels. (Glow Recipe official website

Sources

Sources used for this page: Shark Tank API pitches