Did Browndages get a deal on Shark Tank Season 13? Yes, Browndages successfully secured an investment on Shark Tank Season 13. They received a combined offer of $100,000 for 25% equity, along with a $75,000 line of credit, from Lori Greiner, Daymond John, and Mark Cuban.
Summary
- Browndages, a company offering a line of inclusive flesh-toned bandages, appeared on Shark Tank Season 13.
- They initially sought $75,000 for 7.5% equity in their company.
- They received a deal from three sharks: Lori Greiner, Daymond John, and Mark Cuban.
- The final deal was for $100,000 for 25% equity plus a $75,000 line of credit.
- This investment will likely help Browndages expand their product line and reach a wider audience.
Browndages Shark Tank Update | Shark Tank Season 13
Browndages is on a mission to promote inclusivity and representation in the healthcare industry, starting with something as simple as a bandage.
Their vision is a world where everyone, regardless of their skin tone, can find bandages that blend seamlessly with their skin.
They believe that such a small change can make a big difference in how people feel about themselves and their bodies.
The Need for Inclusive Bandages
For far too long, the standard “flesh-toned” bandage has only catered to one skin tone, leaving those with darker complexions feeling unseen and excluded.
This lack of representation can have a negative impact on self-esteem and confidence, particularly for children.
Browndages addresses this issue by offering a range of bandages in various shades, ensuring that everyone can find a bandage that truly matches their skin.
Shark Tank Season 13 Pitch
1. The Pitch
| Entrepreneurs | Intisar Bashir and Rashid Mahdi |
|---|---|
| Business | Browndages |
| Ask | $75,000 for 7.5% equity |
| Deal | $100,000 for 25% equity + $75,000 line of credit |
| Sharks | Lori Greiner, Daymond John, Mark Cuban |
| Season | Shark Tank USA Season 13 |
| Original Air Date | November 12, 2021 |
| Website | Browndages |
| Key Points of Pitch |
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| Why Sharks Accepted |
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2. Browndages’ Founders and their Story
Intisar Bashir and Rashid Mahdi, the husband-and-wife team behind Browndages, were inspired to create their product after their own experiences with their children.
They realized that the lack of inclusive bandages was a problem that needed to be solved.
Driven by their desire to make a difference, they founded Browndages to offer a solution that celebrates diversity and promotes self-love.
3. The Sharks’ Reactions and Questions
The sharks were immediately drawn to the social impact of Browndages. They were impressed by the founders’ passion and commitment to their mission.
The sharks also recognized the business potential of Browndages, with its clear market need and strong sales figures. They asked questions about the company’s growth plans, manufacturing process, and competition.
4. The Final Deal
After a series of negotiations, Lori Greiner, Daymond John, and Mark Cuban joined forces to offer Browndages $100,000 for 25% equity, along with a $75,000 line of credit.
This deal provided the founders with the capital and support they needed to expand their business and reach a wider audience.
The sharks’ expertise in retail, marketing, and branding was also invaluable to Browndages’ continued success.
Browndages After Shark Tank
1. Impact of the Investment on the Company
The Shark Tank investment was a game-changer for Browndages. The influx of capital allowed them to scale up their production, expand their product line, and invest in marketing efforts.
The sharks’ guidance and connections also proved invaluable, opening doors to new retail partnerships and opportunities.
2. Product Line Expansion and Growth
With the Shark Tank boost, Browndages expanded beyond their initial offering of inclusive bandages. They introduced new products like vibrant kids’ bandages and larger sizes for adults.
This diversification allowed them to cater to a broader audience and further solidify their position as a leader in inclusive first aid.
3. Increased Brand Awareness and Reach
The Shark Tank appearance catapulted Browndages into the national spotlight, dramatically increasing brand awareness.
Their story resonated with people from all walks of life, leading to a surge in sales and online engagement.
The company’s message of inclusivity and representation struck a chord, fostering a loyal customer base and attracting media attention.
The Importance of Diversity and Inclusion
1. Browndages’ Contribution to Representation
Browndages is more than just a bandage company; it’s a symbol of representation and inclusivity.
By offering bandages in a range of skin tones, they’re sending a powerful message that everyone deserves to feel seen and valued.
This simple act of representation can have a profound impact on individuals, particularly those from marginalized communities who have historically been overlooked or excluded.
2. The Power of Inclusive Products
Inclusive products like Browndages go beyond meeting a practical need; they foster a sense of belonging and self-worth.
When people see themselves reflected in the products they use, it reinforces their sense of identity and validates their experiences.
This can lead to increased confidence, self-esteem, and overall well-being. Moreover, inclusive products send a message to society that diversity is something to be celebrated and embraced.
FAQs
Where can I purchase Browndages?
Browndages are available for purchase on their official website and through various online retailers like Amazon. They are also expanding their presence in physical stores, so you might find them at your local pharmacy or supermarket soon.
What are the different shades available?
Browndages currently offers a range of shades to cater to diverse skin tones. They have light, medium, and dark shades available, with plans to expand their color range in the future.
Are Browndages suitable for all skin tones?
Yes, Browndages are designed to be inclusive and suitable for all skin tones. Their range of shades ensures that everyone can find a bandage that blends seamlessly with their skin.
The Bottom Line
Browndages’ journey on Shark Tank and beyond is a testament to the power of purpose-driven entrepreneurship. They identified a need in the market, created a solution that promotes inclusivity, and successfully pitched their vision to the sharks. Their story inspires aspiring entrepreneurs to pursue their dreams, make a difference, and embrace the power of diversity.
The success of Browndages highlights the importance of representation and the impact it can have on individuals and society as a whole. By offering inclusive products, businesses can foster a sense of belonging, boost self-esteem, and celebrate the beauty of diversity. Browndages is not just a bandage; it’s a symbol of progress towards a more inclusive and equitable world.
