Sway: Shark Tank Success & Net Worth Today
Sway, a company that appeared on Shark Tank, captured the attention of viewers with its innovative approach to sunless tanning. But what happened after the show, and what is Sway's net worth today?
What is Sway?
Sway offers a unique sunless tanning experience with its portable applicator and tanning concentrate. Founded by Lexi Rex and Katelyn Edwards, the company aimed to provide a convenient and customizable way to achieve a natural-looking tan without the harmful effects of the sun.
Shark Tank Pitch
On Shark Tank, Lexi and Katelyn presented their product to the sharks, seeking investment to scale their business. While they faced tough questions about valuation and market competition, they impressed the sharks with their sales and product concept.
The Deal (or No Deal)
Ultimately, Sway did not secure a deal on Shark Tank. The sharks had concerns about the crowded tanning market and the company's valuation. However, the exposure from the show proved to be invaluable.
Sway After Shark Tank
Despite not getting an investment, Sway experienced a surge in sales and brand recognition following their appearance on Shark Tank. The exposure helped them reach a wider audience and drive online sales.
Sway's Estimated Net Worth Today
Estimating the exact net worth of a private company like Sway is challenging, but based on available information and sales data, it's estimated that Sway has achieved a valuation in the low seven figures. While specific numbers aren't publicly available, their continued presence in the market suggests a healthy and growing business.
Where to Buy Sway
You can purchase Sway products through their official website and various online retailers. Check their site for the latest deals and product offerings.
Conclusion
Sway's journey on Shark Tank may not have resulted in a deal, but it undoubtedly boosted their brand and sales. Today, Sway continues to offer innovative sunless tanning solutions, solidifying its place in the beauty market.