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Apparel✅ Deal Made✅ Still Active
Grace & Lace
Lace boot socks and leg warmers that are fashionable and cozy
The Pitch
Asked for
$175,000 for 10%
Season / Episode
S5 E19 (2014)
Final Deal
$175,000 for 10%
Investor(s)
Barbara Corcoran
About Grace & Lace
Grace & Lace creates decorative lace boot socks and leg warmers. Barbara Corcoran invested after one of the most emotional pitches in Shark Tank history.
Company Timeline
11
2011
Melissa and Rick Hinnant found Grace & Lace after losing a premature baby
13
2013
Business grows to $1.6M in first year with zero ad spend
14
2014
Appear on Shark Tank Season 5. Barbara Corcoran invests $175K for 10%
15
2015
Annual revenue hits $5M. Expand to full women's apparel line
20
2020
Revenue exceeds $10M annually
Where Are They Now?
Still operating with multi-million dollar annual revenue.
🦈 Shark Update
Barbara Corcoran remains an investor and has called Melissa Hinnant one of her most inspiring entrepreneurs.
#socks#apparel#women#fashion
