Appolla Socks Shark Tank Net Worth -What Happened To Appolla Socks After The Shark Tank?
Appolla Socks Shark Tank Net Worth
Apolla is currently in business and has an estimated net worth of approximately $1.2 million. The founders, Kaycee Jones and Brianne Zborowski, initially in the shark tank pitch asked for $300,000 for 15% equity in the company. The final deal they struck with Shark Lori Greiner was for $300,000 for 25% equity.
Apolla is a retail apparel and fashion brand that appeared on Season 13 Episode 18 of Shark Tank USA.
Lori Greiner made a deal with them for $300,000 for 20% equity. At the time of filming Shark Tank, Apolla Performance had already sold more than 120,000 pairs of their socks, generating revenue of about $4.1 million.
After appearing on Shark Tank, Apolla’s sales increased dramatically and justified Lori Greiner’s valuation of $1.2 million.
Apolla Performance offers user-friendly premium socks designed for comfort during different categories of sports and activities. Their socks have superior arch support, ankle stability, energy absorption, and refreshable traction.
They are also antimicrobial, moisture-wicking, and durable. All of their socks have been given the American Podiatric Medical Association Seal of Acceptance.
What Is An Appolla Socks? Who Is The Founder Of Appolla Socks?
Apolla socks are a type of compression sock designed for dancers and athletes. They provide the benefit of a shoe and the comfort of a sock, with patented targeted zones providing arch and ankle support. Apolla socks also feature knit-in energy absorption, which helps reduce the force on the feet.
Additionally, they are antimicrobial, moisture-wicking, durable, and recyclable. The American Podiatric Medical Association has given Apolla socks their Seal of Acceptance, and they are anatomically correct to help reduce inflammation caused by exercise or long days on your feet.
Brianne Zborowski is the co-founder and CEO of Apolla Performance Wear, a company that produces compression socks for dancers and athletes.
Along with her business partner Kaycee Jones, Zborowski created Apolla Performance Wear Shocks, which are compression footwear designed to offer support and comfort to anyone with painful feet.
Zborowski was born and raised in the suburbs of Detroit, Michigan. She has a background in dance and fitness, which inspired her to create a product that would provide support and comfort to dancers and athletes alike.
Apolla socks are anatomically correct and provide arch and ankle support. They also have padding on the ball of the foot and heel for added comfort.
The socks are antimicrobial, moisture-wicking, durable, and recyclable. In 2019, an independent study at Ohio University showed that Apolla socks reduced force during physical activity.
Zborowski’s passion for dance medicine and science led her to create a product that would benefit not only dancers but anyone who needs support for their feet during physical activity.
Today, Apolla Performance Wear is trusted by top celebrity artists and athletes who rely on their patented compression socks to empower them to do more while always feeling great.
Summary Table: Apolla Performance Shark Tank
| METRIC | INFORMATION |
| Company name | Apolla Performance Wear |
| Founder | Kaycee Jones and Brianne Zborowski |
| Shark Tank pitch | Asked for $300,000 for 15% equity. Final deal was $300,000 for 25% equity with Lori Greiner |
| Shark Tank valuation | $1.2 million |
| Shark Tank outcome | Lori Greiner offered $300,000 for 25% equity, but the final deal was $300,000 for 20% equity |
| Product | Compression socks designed for comfort during sports and activities. Superior arch support, ankle stability, energy absorption, etc |
| Net worth | Approximately $1.2 million |
| Sales figures | Had already sold more than 120,000 pairs of socks, generating revenue of about $4.1 million at the time of filming |
| Patents | Secured two utility patents for their compression sock technology and a design patent on a style that came with an open heel |
What Happened To Appolla Socks At The Shark Tank?
Kaycee and Brianne have entered the Shark Tank with an ambitious pitch – they are seeking $300,000 for 15% equity in their company. As they begin their presentation, Kaycee provides an overview of their company, its business model, and unique market positioning.
She then explains how they plan to utilize the capital injection to expand their operations and take their business to the next level. Brianne follows up by sharing financial projections and customer feedback that demonstrate the potential of their offering to disrupt an important industry sector.
Both are passionate about what they do and hope that their enthusiasm will be convincing enough to win over the Sharks.
Kevin has declared that he is no longer interested in investing in the project, stating that he is not the right person for it. Mark, on the other hand, has prior experience in dance and even earned money teaching it in college, but he has also decided to pass on the opportunity.
Robert is grappling with the lack of virality in the project but ultimately decides that it’s not a good fit for him. Emma feels that the project is not growing fast enough and decides to decline as well.
However, Lori, who has dealt with foot problems in the past, tries on a pair of socks and finds that they alleviate her pain.
She offers $300,000 for 25% of the company, but when the entrepreneurs counter with a 20% stake, Lori holds firm and they accept her offer and received an offer of $300,000 for 20% equity from Lori Greiner
What Happened To Appolla Socks After The Shark Tank?
Apolla Performance Socks, founded by Kaycee Jones and Brianne Zborowski, appeared on Shark Tank in April 2022. The company had $4.1 million in lifetime sales and $800,000 in sales during the year of filming.
They had secured two utility patents for their compression sock technology and a design patent on a style that came with an open heel. On the show, they pitched their line of compression socks for dancers, which were designed to provide comfort and support while dancing.
After their pitch, they secured a deal with one of the Sharks. Following their appearance on Shark Tank, Jones was featured in her hometown newspaper, the Idaho State Journal.
Apolla Performance Socks have been successful since appearing on Shark Tank. Their products are designed to provide comfort and support for dancers while performing.
They have secured multiple patents for their technology and have seen significant growth in sales since appearing on the show. With continued success, Apolla Performance Socks could become a household name among dancers around the world.
As of January 2023, the deal did not close, but the company is doing well and has delayed shipping on its more popular items. After appearing on Shark Tank, Apolla sold out most of its sock styles in most colors within just a few days.
As of July 2022, they still had a backlog of orders but were tripling their production capacity by the end of summer 2022. They expect to be fully back in stock by mid-October 2023.
Are Appolla Socks Still In Business?
Yes, Apolla Performance is still in business as of March 2023. The company offers compression socks that provide arch support, ankle stability, energy absorption, and refreshable traction.
Apolla socks are designed for dancers but can be used by anyone who wants targeted compression to assist circulation and recovery by reducing inflammation. The energy absorption padding in the heel provides comfort to the metatarsals and heel.
Apolla Performance appeared on Shark Tank Season 13 Episode 18 and made a deal with Lori Greiner for $300,000 for 25% equity. As of January 2023, the deal with Lori did not close. However, the company is doing well and has delayed shipping on its more popular items due to high demand.
Appolla Socks Shark Tank Updates
Apolla Performance Socks is a brand that appeared on Shark Tank in Season 13, Episode 18. The company was founded by Kaycee Jones and Brianne Zborowski, both dancers who suffered from foot injuries.
They created supportive compression socks with comfort pads for all types of dancers. The socks provide better traction below the foot, ankle stability, arch support, and energy absorption padding in the heel.
Apolla Performance Socks come in several different varieties, which range from $36 to $38 per pair.
During their pitch on Shark Tank, Kaycee, and Brianne asked for $300,000 for 15% equity. Guest shark Emma Grede didn’t like how the company was growing and dropped out. Lori Greiner was the last remaining shark and offered to invest $300,000 for 25% equity.
Kaycee and Brianne counteroffered 20% equity, but Lori refused. Regardless, they accepted Lori’s original deal.
After the episode aired, many more people found out about Apolla Performance Socks, and the company started to gain traction. The company started to get more orders, and they were able to fulfill them all.
As of April 2023, Apolla Performance Socks are available online on their official website, but they are not available on Amazon or any other marketplace. The company has not made any recent updates on Shark Tank or its website.
What Are The Different Styles Of Apolla Socks Available?
Apolla Socks are compression socks that provide the benefits of a shoe and the comfort of a sock. They are designed to provide arch and ankle support and have padding on the ball of the foot and heel for comfort.
Apolla Socks are also antimicrobial, moisture-wicking, and durable. They are anatomically correct and have been given the American Podiatric Medical Association Seal of Acceptance.
Apolla Socks come in six different styles, including No-Show, Crew, and Mid-Calf. A knee-high version is in the works and should be available soon. All of the styles are made of REPREVE® certified sustainable yarns in the USA. The socks are also recyclable.
Apolla Socks are suitable for dancers, hikers, and runners, and for use during workouts. They are designed to reduce force and inflammation, which can cause chronic pain and issues like plantar fasciitis. Apolla Socks are available for purchase on the Apolla Performance Wear website.
How Does Appolla Socks Shark Tank Work?
Apolla Performance Socks is a company that produces compression socks designed for professional dancers and athletes. The socks provide more traction and compression than regular socks, making them ideal for people who need extra support for their feet and legs.
The idea for Apolla socks came from Kaycee Jones and Brianne Zborowski, who are both dancers and suffered from foot injuries. They spent two years testing and perfecting their prototype before co-establishing Apolla in 2016.
In 2023, Kaycee and Brianne appeared on Shark Tank Season 13 and asked for $300,000 for 15% equity in their company.
They received an offer from Lori Greiner for $300,000 for 20% equity. The Sharks were impressed with the quality and comfort of the socks and immediately recognized their potential.
Apolla socks were researched and testified in a study by Ohio University, which showed that they effectively reduce the force and impact on users of these socks. The company also received a seal of appreciation from the American Podiatric Medical Association in 2020.
Apolla socks are not just loved by dancers but are also used by yoga practitioners, gym-goers, and sports crews.
The socks come in six different styles, including No-Show, Crew, and Mid-Calf, and a knee-high version is in the works. The socks come with a 14-day guarantee, during which they can be returned for a refund.
How Have Appolla Socks Grown Since Appearing On Shark Tank?
Apolla Performance Socks appeared on Shark Tank in 2022, and Lori Greiner offered to invest $300,000 for 25% equity. However, Emma Grede did not invest because she wanted to see rapid growth.
After the episode aired, Apolla Socks gained more exposure and credibility, and the company started to gain traction. Apolla Socks sold out of most of its sock styles in most colors within just a few days of appearing on Shark Tank.
Apolla Socks had already earned more than $4 million in years prior to Shark Tank. The socks are designed for dancers and athletes, providing more traction and compression than regular socks.
Apolla Socks are manufactured entirely in the United States under REPREVE, a company known for exclusively using recyclable fibers in its products.
It is unclear how much Apolla Socks has grown since appearing on Shark Tank. However, the company has gained more exposure and credibility, and the socks have a ton of testimonials.
Apolla Socks are a unique product that fills a gap in the market for dancers and athletes who need more supportive socks.
What New Products Has Apolla Socks Released Since Appearing On Shark Tank?
Apolla Performance is a compression socks brand that appeared on Shark Tank in Season 13 Episode 18. The company makes socks according to the comfort of different categories, sports, and activities.
Apolla Performance offers user-friendly premium socks, especially keeping in mind the comfort of the user. The socks are designed to provide function and comfort that goes beyond a sock to create value in daily life.
The patented, high-quality, targeted compression provides arch support, ankle stability, and energy absorption. The socks are sustainable, antimicrobial, moisture-wicking, and durable.
Apolla Performance received an offer from Lori Greiner on Shark Tank for $300,000 for 20% equity. After the episode aired, the company started to gain traction and received more orders, which they were able to fulfill.
However, there is no information on any new products that Apolla Performance has released since appearing on Shark Tank.
What Is The Current Valuation Of Appolla Socks After Shark Tank?
Apolla Performance, the company that produces Apolla Socks, appeared on Shark Tank in season 13 and asked for $300,000 for 15% equity in the company. The company had already sold more than 120,000 pairs of socks, generating revenue of about $4.1 million at the time of filming.
The sharks were impressed with the pitch, but the price point baffled them. Lori Greiner made a deal with Apolla Performance for $300,000 for 25% equity.
After appearing on Shark Tank, Apolla’s sales increased dramatically and justified Lori Greiner’s valuation of $1.2 million. As of 2023, Apolla is still in business and has an estimated net worth of approximately $1.2 million.
The socks are user-friendly and designed for comfort during different categories of sports and activities. They have superior arch support, ankle stability, energy absorption, and refreshable traction. The socks come in several different varieties, which range from $36 to $38 per pair.
