Max Kislevitz and Natalie Holloway decided to switch up their exercise weights. Conventional weights can be cumbersome and challenging to use. A lot of people dislike using large weights when working out. They desired something fashionable and unusual. Thus, they came up with Bala Bangles. These weights are worn on the wrists and ankles. They are comfy and easy to wear.
Yoga is something Natalie teaches. She likes weights that are not restrictive. She made these weights with Max’s help. In Season 11 they made the decision to appear on Shark Tank. To expand their business, they required assistance. For 10% of the equity, they want four hundred thousand dollars. The sharks were thrilled with their concept. Will the entrepreneur get a deal on Shark Tank? Check out Bala Bangles update to find out!
Bala Bangles Net Worth Shark Tank Update 2025
Max Kislevitz and Natalie Holloway asked for a $400,000 investment in exchange for 10% equity in their company. This meant they valued their company at $4 million. They made a deal with Maria Sharapova and Mark Cuban for $900,000 in exchange for 30% of their company, which valued their company at $3 million. After the show aired, Bala Bangles saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Bala Bangles is about $4.8 million.
Today, Bala Bangles is still operating. They’re doing great. The company’s annual revenue is approximately $29 million. Following their Shark Tank appearance, they increased the range of products they offered. They now provide a variety of weights. Weights come in a variety of hues and designs.
Additionally, they provide a subscription service. Online exercise lessons are available through this service. You can use the weights to work out at home. Bala Bangles are available at a lot of places. Shops like Saks Fifth Avenue and Anthropologie Dillards carry them. They’re also available at Dick’s Sporting Goods. The business keeps expanding and gaining new clients. Bala Bangles is doing quite well in the market in 2024.
Bala Bangles did indeed land a Shark Tank deal. Max and Natalie presented their concept. 400,000 dollars for 10 percent equity was what they requested. Numerous offers were made by the sharks. The first person to make an offer was Kevin O’Leary. In exchange for five percent equity, he offered a loan of $400,000. Maria Sharapova offered as well.
She proposed to give a 15% stake in exchange for $200,000. Lori Greiner and Daymond John made similar proposals. Each of them made an offer of $200,000 for 15% of the company. But the business owners didn’t want to give away too much stock. Maria Sharapova and Mark Cuban made a last offer after considerable negotiation. They offered a thirty percent stake in exchange for nine hundred thousand dollars. Natalie and Max accepted this deal happily.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Maria Sharapova | $200,000 for 15% equity | $900,000 for 30% equity (15% each) | yes |
| Lori Greiner | $500,000 for 18% equity. | N/A | N/A |
| Kevin O’Leary | $400,000 as a 36-month loan at 7.5% interest in exchange for 5% equity. | N/A | N/A |
| Daymond John | $200,000 for 15% equity | N/A | N/A |
| Mark Cuban | Out | $900,000 for 30% equity (15% each) | yes |
Bala Bangles Shark Tank pitch
Natalie Holloway was passionate about yoga and health. She was an avid exerciser. But she wanted to work out with weights. When striking positions, she didn’t want to grip anything. She wanted a product that was simple to use. She thus joined forces with her spouse Max Kislevitz. They came up with Bala Bangles together. Their goal was to revive the popular weights of the 1980s in a fresh manner.
They aimed to make them both fashionable and useful. They faced numerous difficulties in the beginning. Their inventory was a problem. They had to determine how to satisfy the market for their product. They needed to locate the appropriate vendors as well. It wasn’t simple. However, they believed in their vision. They kept working hard to make it happen. They did not give up.
Natalie and Max entered the Shark Tank with excitement. They were ready to show their product. They started their pitch with a fun aerobics demonstration. The sharks loved this lively presentation. It caught their attention. The couple showed how easy it is to wear Bala Bangles. They explained the benefits of their product. They shared impressive sales figures.
In their first six months, they made two hundred sixty thousand dollars. By the time they pitched, they had already made one point two million dollars. Their sales were strong due to partnerships with Bloomingdale and Nordstrom.
Most of their sales came from these deals. They were proud of their success. However, they faced inventory issues. This concern made them cautious about giving away too much equity. They asked for four hundred thousand dollars for ten percent equity. They believed their product could be even bigger with the right support from the sharks.They asked for four hundred thousand dollars for ten percent equity. They believed their product could be even bigger with the right support from the sharks.
The sharks asked a lot of questions concerning the product. They were curious about the weights’ operation. The materials and design piqued their interest. According to Natalie, the weights are adjustable and comfy. They offer a hands-free method of increasing resistance while working out. The sharks enquired about their potential for growth and sales. Max and Natalie gave an explanation of their marketing plan.
They discussed their strategies for expanding their clientele. They discussed their collaborations with retailers as well. The sharks wanted to know how they might be of assistance. Maria Sharapova stated that she would like to work as a representative. Equity-related conversations resulted from this. What sort of transaction the entrepreneurs were seeking was what the sharks wanted to know.
The sharks were impressed with Bala Bangles. They saw a lot of potential in the product. Kevin O’Leary was the first to make an offer. He proposed four hundred thousand dollars as a loan at seven point five percent interest for five percent equity. Maria quickly followed with her offer of two hundred thousand dollars for fifteen percent equity.
Daymond John and Lori Greiner both offered two hundred thousand dollars for fifteen percent equity each. The bidding war continued. However, the entrepreneurs were not ready to give away too much equity in their businesses.
They stated that they would take on two sharks at four hundred fifty thousand dollars apiece for thirty percent equity. Lori made a final bid of five hundred thousand dollars for eighteen percent equity with no partner. But Mark Cuban quickly interrupted. He and Maria wanted to go in for what the entrepreneurs asked for. They offered nine hundred thousand dollars at thirty percent for two sharks.
The entrepreneurs accepted the offer quickly. Lori made a final bid of five hundred thousand dollars for eighteen percent equity with no partner. But Mark Cuban quickly interrupted. He and Maria wanted to go in for what the entrepreneurs asked for. They offered nine hundred thousand dollars at thirty percent for two sharks. The entrepreneurs accepted the offer quickly.
What Went Wrong With Bala Bangles On Shark Tank?
The product caught the attention of all the sharks. But Kevin O’Leary didn’t get the bargain he was hoping for. He preferred to lend them money rather than equity. They did not accept his offer. Better offers came from the other sharks. The business owners were reluctant to give up a large portion of their stock.
They were worried about who owned the business. They also have stocking issues. The sharks became wary of investing as a result. They were concerned about how fast they could expand the company. The business owners were able to close a contract in spite of these reservations. They persuaded the sharks with their vision and enthusiasm.
Product Availability
Bala Bangles are unique and stylish. They are available in different colors and weights. The design is simple and effective. You can wear them on your wrists or ankles. This hands-free design allows you to exercise without holding anything. The weights are adjustable to fit different users. Bala Bangles are available in many stores.
You can find them in Anthropologie Dillards and Saks Fifth Avenue. They are also sold at Dick’s Sporting Goods. You can buy them online too. They have a website where you can purchase directly. The prices are reasonable for the quality of the product. The weights are also available on Amazon. Customers enjoy the product and leave positive reviews. The subscription service for online workouts is a great addition. It allows users to stay fit at home.
Conclusion
Since their Shark Tank pitch, Bala Bangles have advanced significantly. In response to the market, they have expanded and changed. The business keeps growing and gaining new clients. They now provide a variety of possibilities as a result of their product line expansion. The collaboration between Maria Sharapova and Mark Cuban has been successful.
They contributed to a rise in sales and visibility. More growth is probably in store for future releases. Bala Bangles’ journey is an inspiration. It demonstrates the strength of a brilliant idea and perseverance. The business owners made their product a success because they had faith in it. Their efforts have been fruitful. Future advancements from Bala Bangles should be even more fascinating.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
