Byoot Swimwear Update | Shark Tank Season 12
Byoot Swimwear appeared on Shark Tank Season 12 Episode 14 and landed a deal with Kendra Scott. After landing a deal with such a powerful guest shark, many are looking for a Byoot Swimwear update after
Shark Tank Byoot Swimwear Update
- Entrepreneur: Elyce and Nathan Billany
- Business: Button-up swimwear for women
- Ask: $50,000 for 30% equity
- Result: $50,000 as a loan with 10% interest and 5% equity
- Shark: Kendra Scott
During their time on
On the same trip, Elyce started sketching designs for what would eventually become Byoot Swimwear. The suits are unique because they have buttons on the side, that allows women to easily use the restroom without having to deal with the hassle of pulling up a wet swimsuit.
At the time of the pitch on
Despite a lack of sales, guest shark Kendra Scott was interested and offered Elyce and Nathan $50,000 as a loan with a 10% interest rate and 5% equity in the business. After thinking it over, Elyce accepted the deal and Byoot left the tank with a deal.
In terms of a Byoot Swimwear update, just before it appeared on
When we get a more official Byoot Swimwear update, we will be sure to let you know. In the meantime, if you’d like to purchase a swimsuit or learn more about the company, you can do so on the Byoot Swimwear website.
Additionally, be sure to check out updates from the other companies that appeared on Season 12 Episode 14 below!
Further, for more Season 12 company updates, be sure to check out our Season 12 products page.