Grace and Lace
| Founded | 2013 |
|---|
| Cumulative sales since Shark Tank | ~$19 million (source) as of 2024 |
|---|---|
| Estimated company value | ~$22 million (source) as of 2024 |
How Talmyn verifies these figures.
Shark Tank Appearance
| Season | Season 5 |
|---|---|
| Shark(s) | Barbara Corcoran |
| Ask | $175,000 for 10% ($1.75 million valuation) |
| Outcome | Deal reached — $175,000 for 10% |
Grace and Lace makes lace-trimmed boot socks and apparel, founded by Melissa and Rick Hinnant. Barbara Corcoran struck a $175,000-for-10% deal on Shark Tank in 2013; sales passed $1 million within days of the episode airing, and cumulative sales have been reported at roughly $19 million in more recent years.
