Richualist is a hair care company that has developed The Mint, a hair tool specifically designed for Black women.
This innovative tool simplifies the process of applying curl cream by allowing users to heat any curl cream before applying it to their hair. Priced at $298, The Mint can be purchased directly from the company’s website.
| Company Name | Richualist | |
| Founder | Dawn Myers | |
| Founded | 2022 | |
| Product | The Mint Hair Care Tool | |
| Asked For | $150k for 10% equity | |
| Final Deal | $150k for 15% equity + 5% advisory share | |
| Shark |  Emma Grede |  Mark Cuban |
| Episode (Shark Tank USA) | S15 E19 | |
| Air Date | April 5th, 2024 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Washington, District of Columbia, USA | |
| Lifetime Worth (Sales) | $0.4M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Richualist?
Dawn Myers is the Founder and CEO of Richualist. A cancer survivor, she brings her personal experience to her work in the hair care industry.
In addition to her role at Richualist, Dawn serves as a part-time lecturer at Carnegie Mellon University, where she shares her knowledge and expertise with students.
How Was The Shark Tank Pitch Of Richualist?
Dawn Myers revealed her Crazy Curly Haircare tool on Shark Tank, seeking $150,000 for 10% equity. The Sharks were taken aback when she disclosed that the retail price of her product was $400, while the manufacturing cost was $120.
Myers plans to produce the tool in China for $60 per unit, which is one reason she sought investment on the show. Robert Herjavec quickly opted out, stating that the business wasn’t in his area of expertise.
Lori Greiner expressed concerns about potential conflicts of interest, leading her to decline to invest. Although Emma Grede showed strong interest in the curly hair care device, she ultimately decided against investing due to the product being in its early stages.
In a surprising turn, Grede and Mark Cuban teamed up to offer $150,000 for 20% equity, but Myers countered with a request for $150,000 for 15% equity. Mark, however, insisted on adding an extra 5% advisory share along with the 15% equity, leaving the deal in negotiations.
She agreed to this offer.
Sharks Offers list!
| Sharks | Offers |
|---|---|
 Robert Herjavec | No Offer |
 Kevin O’Leary | No Offer |
| Mark Cuban | $150k for 10% equity (#1) (Emma) $150k for 7.5% equity + 2.5% advisory share (#2) (Emma) |
| Emma Grede | $150k for 10% equity (#1) (Mark) $150k for 7.5% equity + 2.5% advisory share (#2) (Mark) |
 Lori Greiner | No Offer |
| Founder’s (Countered) | $150k for 15% equity (#1) to (Emma & Mark) |
| Final Deals | $150k for 15% equity + 5% advisory share |
Richualist Shark Tank Update
Dawn Myers secured a deal on Shark Tank for her hair care company, Richualist, though detailed information about the partnership is still pending.
During her pitch, Myers shared her inspiring cancer recovery story, highlighting her motivation to expand the business and increase product sales. The Sharks were moved by her journey and recognized the potential for growth.
We are actively following Richualist and its founder for updates and will provide a progress report as more information becomes available.
What Is Richualist’s Net Worth?
Richualist’s estimated net worth is $0.3 million. Each year, between 35,000 and 45,000 companies apply to Shark Tank, but only 120 are selected to pitch their ideas. Out of these, only a handful receive funding, and even fewer achieve significant success.
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.
| Years | Annual Revenue |
| 2024 | *estimated |
| 2023 | *estimated |
| 2022 | *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2023 | $150k | Mark Cuban Emma Grede |
The official address of Richualist is Washington, District of Columbia, United States.
Yes, Richualist is still in business as of April 2024.
