TA3 Swim Shark Tank Update (Season 13)

TA3 Swim is a brand that manufactures swimsuits in different designs. This company specially designs swimsuits for females in different shapes and sizes. Any woman irrespective of size can wear this swimsuit with confidence.

This shapewear swimsuit company was launched in 2020 by Leila Shams. Leila is a fashion designer and has designed clothes for big celebrities. Laila started this company because she wanted to be confident in a swimsuit.

Founder Leila Shams appeared on Shark Tank Season 13 Episode 12 and asked the sharks for $500,000 for 10% equity at a $5 Million Valuation. Laila had sold thousands of dollars after starting this business. The response of the women was positive regarding this business.

What Is TA3 Swim?

TA3 Swim is a swimsuit brand that designs suits for women of all sizes. It has 5 style design swimsuits available Lifty, Plungey, Squarey, Zippy, and Lacey.

You can see the sizes of all the swimsuits of this brand in the “Find My Fit” section. Recently this brand has launched Zippy and HI Cut Zippy Swimsuit in black colour.

The brand ships products across the United States and delivers products internationally to Canada, Australia, and the UK. The cost of these swimsuits is $178.

 Another Shark Tank Pitch

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Who Is The Founder Of TA3 Swim?

Leila Shams is the founder and CEO of the TA3 Swim brand. Leila is a fashion designer and has been featured in magazines like Insider, People, Instyle, etc.

Leila Shams

Leila started the company LEILA SHAMS LLC in 2009 after completing her studies at Parsons School of Design. She has held various positions at Buffalo David Bitton and Global Brands Group.

She launched the fashion design agency called Shams Wow Agency in 2017 and closed this agency in 2020. In June 2020, she launched the sculpting swimsuit company.

TA3 Swim Before Shark Tank

Leila is a professional fashion designer and has designed clothes for many big celebrities in her career. She has many years of experience in the fashion industry.

Leila had surgery and while she was recovering from the surgery, she needed to wear surgical compression garments. Then she got the idea that she could make swimsuits with this material.

She made this swimsuit using spandex and Nylon material. The founder needed investment to grow the business, so she decided to go to the Shark Tank.

How Was The Shark Tank Pitch Of TA3 Swim?

Leila enters Shark Tank and asks the sharks for $500k for 5% equity. The founder did her product presentation with music and the sharks loved it.

Kevin O’Leary said that is TA3 specifically designed for Rubenesque Women. Leila said no, There is a different size for every woman.

It’s been 13 months since the business started and she has total sales of $1.4 million. She has a gross margin of $800,000 and an operating $500,000. Of the $500k, she invested most of the money in inventory.

She does all these sales through her website. She does pay marketing to bring sales like on Instagram ads, TikTok ads, and many more. She has a patent pending product. Her return rate in this business is 20%.

The making cost of the product is $45 and it is sold for $178. Mark Cuban said this business is not fit for him so he is out. Kevin O’Leary said that it is not a product category, he is out. Leila said she needed money for inventory.

Daymond John said he is concerned about inventory, so he is out. Lori Greiner is Also out of this business.

Finalize: TA3 Swim didn’t get a deal in Shark Tank.

TA3 Swim Shark Tank Update

Founder Leila gave a very good presentation in Shark Tank but even after that TA3 Swim Company did not get funding.

After this episode of Shark Tank aired, many women found this product valuable although the product is expensive.

One Instagram user @lttlefox says,

I own 5 suits already with plans to buy more with new color releases! I have never in my life felt good in a bathing suit until I found you guys. I am so excited for you – this company is a game changer

@lttlefox

For the sale of the product, the marketing team has hired many social media influencers like April Schutte, Kellee Moran, and many more. Popular American actress Lisa Rinna uploaded the video on her Instagram account wearing this swimsuit.

In August 2022, it completed 100k followers on the brand’s official Instagram account. As of January 2023, it has completed 138k+ followers on the brand’s Instagram account.

This TA3 swim company is currently using virtual fitting room technology 3Dlook, through which their return rate has been reduced by 47%.

This swimsuit business did not get a deal in Shark Tank, although this business did a lot of good sales in its 1 year. After the episode of Shark Tank aired, many women said on this product that they would like to use it once.

From 2020 to 2021, the company’s lifetime sales were over $1.4 million.

We’re following Leila Shams along with her company for further updates.

What Is TA3 Swim Net Worth?

TA3 Swim is worth $5 million. Even after Shark Tank, this company is doing very well. The team of this company has been able to sell its swimsuit products nationwide through a better marketing strategy.

According to the Statista report, the market size of sports & swimwear in the United States is estimated to be $41 billion in 2023. The global market size of women’s swimwear is $130 billion.

As of January 2023, this swimsuit company is going great. Through a good marketing strategy, this company has been able to sell its expensive product.

Multiple media publications have featured the brand including Insider, Sun, New York Post, People, Forbes, Seventeen, InStyle, and many more.

TA3 Swim has completed 2 years in June 2022 and is going to complete 3 years in June 2023.

Yes, TA3 Swim is still in business as of April 2024.