What Happened To Cakes Body After Shark Tank?

Cakes Body is a silicone nipple cover product. This business was started by twin sisters Casey Sarai and Taylor Capuano. This silicone nipple cover prevents the nipples from being visible outside and feel comfortable.

There are many traditional bras in which they are found to cause nipple freakouts. So to solve this problem, they started the Cakes Body Business. They started the business by investing $5,000 and then the Covid-19 pandemic started, due to which they lost their job.

They did not become disappointed and started focusing on their business. Among them, their few videos became quite viral on the social platform TikTok, and from this one magical moment, they got thousands of dollars in sales. They have donated over $100k to women’s health causes by August 2023.

It is estimated that by the end of 2023, their lifetime sales will cross $9 million. To achieve this goal, Casey Sarai and Taylor Capuano appeared on Shark Tank Season 15 Episode 9 and asked for the Sharks’ investment.

What Is Cakes Body?

Cakes Body A silicone nipple cover that prevents the nipple from being visible outside. This nipple cover provides a tight grip on the skin and does not cause any kind of irritation.

This product is made from medical-grade silicon and is completely reusable. After wearing it, you can wash it with gentle soap and also with warm water.

This product is available in 3 different sizes and colors Size is itty bitty (AA-A), OG (B-DD), and (+) (DDD+) Color are Honey, Caramel, and Cocoa. The cost of one pair is $30.

Company NameCakes Body
FounderCasey Sarai and Taylor Capuano
FoundedJan 2022
ProductNipple Cover Silicon Covers
Asked For$300,000 for 5% equity
Final Deal$300,000 for 10% equity
SharkEmma Grede Shark Tank Profile Emma Grede
Episode (Shark Tank USA)S15 E9
Air DateDec 15, 2023
Business StatusIn Business
WebsiteVisit Website
HeadquartersLos Angeles, California, USA
Lifetime Worth (Sales)$9M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Cakes Body?

Casey Sarai (Capuano) and Taylor Capuano are the co-founders of Cakes Body Company. They started this company in May 2022. Casey Capuano has worked for many years in different job positions at the French company Pernod Ricard.

Taylor Capuano has worked as a marketing manager in the American apparel company Life is Good for a few years.

How Was The Shark Tank Pitch Of Cakes Body?

After appearing on Sister Shark Tank, Casey and Taylor explained their business to the sharks and asked for $300,000 for 5% equity at a $6 Million Valuation.

They started this business by investing $100,000 of their savings and made $1 million in sales in the first year without any marketing. So far in June 2023, they have made sales of $1.5 million and their projection is to make sales of $5 million by the end of the year.

Their net profit margin is 35% and last year their net profit was $300k from $1 million sales. They estimate that their net profit this year will be $500k. Last year (2022), 90% of their orders came on the social media platform TikTok because some of their videos had become quite viral on TikTok.

Their returns and spend (ROAS) are 5x. The landed cost of the product is $8 and it is sold for $30. Mark Cuban and Robert Herjavec don’t have expertise in the boobs accessories industry, so they are out.

Emma Grede offered $300k for 12.5% ​​equity. Kevin O’Leary offered $300k for 5% equity + royalty of $1 per unit sold until $1M is paid. Casey countered Emma with $300k for 8% equity but Emma said no. Emma finally countered $300k for 10% equity and Casey and Taylor accepted the offer.

SharksOffers
Robert Herjavec Robert HerjavecNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’Leary$300k for 5% equity + royalty of $1 per unit sold until $1M is paid
Mark Cuban Shark Tank Profile Mark CubanNo Offer
Emma Grede Shark Tank Profile Emma Grede$300k for 12.5% equity (#1)
$300k for 10% equity (#2)
Lori Greiner Profile for Shark Tank Lori GreinerNo Offer
Founder’s (Countered)$300k for 8% equity (E)
Final Deals$300k for 10% equity

What Happened To Cakes Body After Shark Tank?

Cakes Body got a deal on Shark Tank. Emma Grede invested $300k in this company for 10% equity. The episode of Shark Tank was positive for this company, many women would have started buying this product and using it.

What’s new on Cakes Body

Last Update: December, 2023

Along with TikTok, they should focus on doing paid marketing on Instagram, Pinterest, YouTube, etc. so that they can make good sales.

Cakes Body Shark Tank Update

Co-Founder Casey Sarai and Taylor Capuano After entering the Shark tank, they explained their business to the Sharks and also told them about their journey. Hopefully, this episode of Shark Tank will help in expanding the business after it airs.

What Is Cakes Body Net Worth?

Cakes Body net worth is estimated at $5.2 million. The global nipple shield market size is US$ 70 million and this industry is continuously expanding. This is a great opportunity for many companies to expand their business.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2023$5M *estimated
2022$1M *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2023$300KEmma Grede

Is Cakes Body Still In Business?

After losing their jobs, Casey and Taylor are devoting their full time to this business and are focusing on expanding the business. This company is donating $1 of every sale to breast cancer research.

The headquarters of this company is in Los Angeles, California, United States and 11-50 employees are working in it.

Yes, Cakes Body is still in business as of December 2023.

frequently asked questions

Who founded Cakes Body?

Cakes Body was founded by Casey Sarai and Taylor Capuano in January 2022.

Did Cakes Body get a deal on Shark Tank?

Cakes Body did not get a deal in Shark Tank. Emma Grede invested in this company.