Apolla Shark Tank Update (Season 13)

Apolla is a retail apparel and fashion brand established in 2015 in Fort Worth, TX, specializing exclusively in socks.

Crafted with both general comfort and dancer-specific needs in mind, these socks are patented, sustainable, and proudly 100% Made in the USA, earning the prestigious American Podiatric Medical Association Seal of Acceptance.

The brand’s mission revolves around providing earth-friendly, premium socks engineered to enhance comfort while wearing shoes. Benefits include Graduated Compression, Ankle Stability, Arch Support, and Energy Absorption.

Company NameApolla
FounderKaycee Jones and Brianne Zborowski
ProductRetail Apparel and Fashion Brand
Asked For$300,000 For 15% Equity
Final Deal$300,000 For 25% Equity
SharkLori Greiner
Episode (Shark Tank USA)Season 13 Episode 18
Business StatusIn Business

Who Is The Founder Of Apolla? 

Kaycee Jones, the Founder and COO of Apolla Performance, has always had a deep love for dance, fostered. She pursued her passion for dance by earning a B.S. in Physical Education, Sport Science, and Dance from Idaho State University. During her time at the university, Kaycee was a proud member of the nationally-ranked Competitive Collegiate Bengal Dancer Team.

Brianne Zborowski, Co-Founder and CEO of Apolla Performance brings her diverse experiences as an Entrepreneur, Wife, Mother, and Lifelong Dancer to the company. She holds a Bachelor’s degree in Business, Management, Marketing, and Related Support Services from Oakland University. Brianne’s journey in dance has included working with various dance companies, culminating in her current role leading Apolla Performance for the past seven years.

Apolla Shark Tank Update

Did Apolla Performance Get a Deal on Shark Tank

The founder successfully convinced Sharks Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec, and Guest Shark Emma Grede to consider investing in her company.

When evaluating a startup for investment, investors typically assess its growth potential and profit margins to determine its attractiveness.

Initially, the founder proposed seeking $300,000 from the Sharks in exchange for a 15% equity stake in her company, intending to utilize the investment for marketing efforts.

While the other Sharks declined to invest, Lori Greiner expressed interest. However, she proposed investing $300,000 for a higher equity share of 25% in the company.

In response, the founder countered with an offer to allocate 20% equity in exchange for the same $300,000 investment.

Ultimately, Greiner agreed to invest $300,000 in the startup, securing a 25% equity stake in the company.

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