Swoveralls Gets a Shark Tank Deal
During the season 10 episode of Shark Tank, Kyle Bergman pitched his clothing brand, Swoveralls. He wanted to raise $150,000 in exchange for 15% of the company. He claimed that Swoveralls generated about $230,000 in sales in its first year. He wanted to expand the company to youth sizes and increase the inventory of his products. He also wanted to expand the brand’s international presence.
Swoveralls is a clothing brand that combines the comfort of sweatpants with the functionality of overalls. It offers various styles and colors that are available in men’s and women’s sizes. It also offers free shipping and returns. It is certified by the Global Organic Textile Standard, which means that the products are made from organic materials.
The founder of Swoveralls, Kyle Bergman, graduated from Drexel University and then went on to earn a Master of Business Administration from New York University. He then worked as a buyer for Birchbox and Bloomingdale’s before becoming the founder of his own clothing brand. Bergman began the company while he was still working at Birchbox. He decided to launch his clothing company, Swoveralls, in 2017. He started with his own pair of sweatpants overalls. He then used a crowdsourcing platform to get the business off the ground.
Swoveralls is an e-commerce business that offers free shipping and returns. It also offers discount codes from time to time. It has over four million dollars in annual revenue and a $1 million net worth. It is available in men’s, women’s, and youth sizes. Its products are available in classic and unique designs, as well as wild patterns.
Swoveralls is an aspiring company that wants to become a large business that has a global reach. It’s also committed to donating a percentage of its sales to environmental non-profits. The company offers a variety of accessories and accessories. They are made from lightweight, organic cotton terry fabric. They also have interior pockets for valuables.
After a successful run at Birchbox and Bloomingdale’s, Kyle Bergman decided to launch his own clothing brand, Swoveralls. He has already gotten several positive reviews from customers. He also wants to expand the business to other markets and increase the inventory of his products. He has also included a micro-crowdfunding platform.
Bergman initially tried to secure a deal with just one shark, but he did not get the funding he was hoping for. He flew out to California in September to film his Shark Tank pitch. He was expecting to pitch Swoveralls to Mark Cuban, Lori Greiner, and Daymond John. However, Mark Cuban decided not to invest in the company and Daymond John also decided not to invest in Swoveralls. The other sharks were skeptical about whether there was enough consumer interest in the product. They also thought that the wide variety of colors and patterns was a turnoff.
Bergman had been told about the Shark Tank event in advance. He had spent the summer practicing his pitch to friends. He also went to the audition and met with the casting director. He was also connected with a Shark Tank casting producer.