According to the latest update from Shark Tank, Behave Bras has a net worth of $5 million. Behave Bras is a women’s lingerie company that specializes in wire-free bras for larger busts.
The company appeared on Shark Tank in Season 13, seeking $150,000 in exchange for 15% equity. Ultimately, they accepted a deal from Lori Greiner for $150,000 in exchange for 20% equity.
Behave Bras Net Worth
Net Worth | $5 Million |
Annual Revenue | $2.8 Million |
Life Time Sales | $6 Million |
Employees | 10 |
Investor | Lori Greiner |
Sales Revenues
Behave Bras is a women’s lingerie company that specializes in wire-free bras for larger busts. The company was founded by Athena Kasvikis in 2020 after she struggled to find comfortable and supportive bras that fit her needs.
In the first 18 months of business, Behave Bras generated $110,000 in revenue. Despite this early success, Kasvikis knew that she needed additional funding to take her company to the next level.
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She decided to apply for Shark Tank, hoping to secure an investment from one of the show’s Sharks. As a result of the investment from Shark Tank, Behave Bras’s sales revenues have skyrocketed. In 2022, the company generated $1 million in revenue.
This represents a 900% increase over the company’s pre-Shark Tank revenue. In the past twelve months, Behave Bras generated over $2.8 million in sales, thanks to Lori’s help with production and marketing.
Shark Tank Pitch
In Season 13 of Shark Tank, Athena Kasvikis, the founder of Behave Bras, pitched her company to the Sharks. She was seeking $150,000 in exchange for 15% equity.
Kasvikis explained that she had struggled to find comfortable and supportive bras that fit her needs as a woman with a larger bust. She had developed a patented stays technology that provides support and lift without the discomfort of wires.
The Sharks were impressed with Kasvikis’ product and her passion for her business. Lori Greiner, one of the Sharks, was particularly impressed.
She said that she was “a huge fan” of the bras and that she thought they were “a game-changer” for women with larger busts.
Greiner offered Kasvikis $150,000 in exchange for 20% equity. Kasvikis accepted the deal, and Behave Bras received the investment it needed to grow and expand.