Hold Your Haunches Shark Tank Net Worth 2023
Hold Your Haunches Shark Tank Net Worth
Hold Your Haunches is a clothing brand founded by Erin Bickley and Jenny Greer, two sassy moms from Macon, Georgia.
The brand specializes in shapewear designed to smooth the derrière. As of 2023, the net worth of Hold Your Haunches is estimated to be around 1 Million USD.
In April 2014, Hold Your Haunches appeared on Shark Tank and requested an investment of $75,000 in exchange for a 20% stake in the company.
Lori Greiner and Barbara Corcoran agreed to invest $75,000 plus a line of credit for a 40% equity stake in Hold Your Haunches.
Since appearing on Shark Tank, Hold Your Haunches has experienced tremendous growth and success. Sales have totaled $280,000 worth in just 3 years of sales.
What is Hold Your Haunches? Who Founded Hold Your Haunches?
Hold Your Haunches is a brand of slimming pants that provide an “instant, built-in elevation” to the derriere. These pants feature an invisible shapewear lining that offers significant compression.
Hold Your Haunches is a popular choice among women of all ages and stages of life. These pants enhance the appearance of the rear and eliminate the unsightly “two-button impression.”
With built-in shaping technology similar to that of leggings, Hold Your Haunches’ pants retain their form from top to bottom, like a muffin. The company was co-founded by Erin Bickley and Jenny Greer, both hailing from Macon, Georgia.
Ideal for women looking to enhance their appearance, Hold Your Haunches’ stomach-holding leggings and pants can transform a sagging behind into something beautiful.
Bickley and Greer founded the fitness company with a goal of providing customers with the best products for slimming.
Hold Your Haunches Shark Tank Pitch
Hold Your Haunches sells their leggings on major e-commerce sites such as Amazon and about thirty local stores specializing in shapewear. The founders are seeking the Sharks’ help with mass distribution and manufacturing cost reduction.
During the pitch, the before and after photos impress the Sharks, and Jenny provides fabric samples that leave them surprised at the unique shaper fabric.
However, Kevin dampens their spirits by pointing out that the target audience of Rubenesque women of a particular age may be misled by the advertising.
Robert raises concerns about the thickness and heat of the shapewear cloth and questions who would use it.
Barbara and Lori defend the product, while the men are impressed with the profit margins. Ultimately, Lori and Barbara offer $75,000 and a $100,000 line of credit for a 40% ownership share in Hold Your Haunches.
After appearing on the show, Hold Your Haunches surpasses their sales statistics, generating $1.5 million in revenue and relocating to a new building six months later.
They are no longer available on Amazon, potentially due to competition from lower-cost compression trousers, but offer a 60% discount on their website. Their annual revenue is estimated at around $1 million.
Hold Your Haunches Net Worth
At the Shark Tank, Hold Your Haunches asked for $75,000 for 40%, which brings their valuation at $375,000.They accepted a deal of $75,000 for 40% stake thus bringing the valuation of the company to be $187,500.
Hold Your Haunches Competitors
The key competitors of their leggings are Shapermint, and Spanx. They are all padded pants that help you to get rid of your extra fat.
Hold Your Haunches Shark Tank Updates
Hold Your Haunches is a shapewear company that appeared on Shark Tank in 2023. The company was founded by Erin Bickley and Jenny Greer, two moms from Macon, Georgia.
In their Shark Tank pitch, they asked for $75,000 in exchange for 20% equity, and ended up accepting a deal for $75,000 for 40% equity and a line of credit from Barbara Corcoran and Lori Greiner.
There are various updates on the company’s progress since appearing on Shark Tank, including changes in ownership and product offerings.
Hold Your Haunches Shark Tank Table Summary:
| Information | Details |
| Company name | Hold Your Haunches |
| Founded by | Erin Bickley and Jenny Greer |
| Location | Macon, Georgia |
| Type of products | Shapewear pants |
| Shark Tank appearance | Season 5, episode 23 |
| Amount asked on Shark Tank | $75,000 for 20% stake |
| Amount received on Shark Tank | $75,000 and line of credit for 40% stake |
| Estimated net worth (2023) | $1 million |
| Sales in 3 years | $280,000 |
| Annual revenue | Estimated at around $1 million |
| Key competitors | Shapermint, Spanx |
| Updates since Shark Tank | Changes in ownership and product offerings |
Hold Your Haunches FAQS
What Is Hold Your Haunches And How Does It Work?
Hold Your Haunches is a line of shapewear designed to slim and smooth the derrière. It was created by two friends, Erin Bickley and Jenny Greer, who were looking for a solution to their jiggly bums.
The shapewear features a special compression layer underneath the exterior leggings that promises a great-looking bottom without a lot of binding and sag.
The sleek black leggings look good for casual and dress-up affairs and can be found on multiple e-commerce sites and boutiques.
The compression layer of Hold Your Haunches supports the tummy, thighs, and backside, and it won’t roll or creep, giving a smooth, comfortable fit.
The shapewear provides an “instant, built-in uplift to the derriere” and offers an extremely high amount of compression.
It features an undetectable shapewear liner that takes excess and molds it into assets. Hold Your Haunches is a fashionable trouser designed for women of all ages and phases of life.
Hold Your Haunches appeared on Shark Tank in season 5, episode 23, and received a deal from Barbara Corcoran and Lori Greiner.
After the show, they sold out of stock but quickly re-loaded. The shapewear has received mixed reviews, with some customers finding it uncomfortable and difficult to put on.
Who founded Hold Your Haunches?
Erin Bickley and Jenny Greer are the founders of Hold Your Haunches. They co-founded the fitness company to provide customers with the best products for slimming.
What Was The Outcome Of Hold Your Haunches Shark Tank Pitch?
Erin Bickley and Jenny Greer, the owners of Hold Your Haunches, appeared on Shark Tank in Season 5, Episode 23, seeking a $75,000 investment in exchange for 20% equity in their company.
The sharks were impressed with their innovative product, which is a fashion product legging with a fully integrated shapewear liner that offers smoothing and slimming support for all ages.
After a bidding war between the sharks, Barbara Corcoran and Lori Greiner made a final deal of $75,000 for 40% equity, plus a line of credit.
Hold Your Haunches experienced a significant increase in sales after their Shark Tank appearance, selling a pair of pants every minute. In 2016, they received one of Georgia’s Small Business Rock Stars awards.
As of 2023, Hold Your Haunches is still in business and doing well, with their shapewear collection available on their website, Amazon, and various smaller stores. Their yearly income is expected to be around $1 million.
What Is The Current Status Of Hold Your Haunches After Shark Tank?
Hold Your Haunches is a line of shapewear designed to smooth the derrière, which was pitched on Shark Tank in April 2014.
The founders, Erin Bickley and Jenny Greer, did a deal with Lori Greiner and Barbara Corcoran for $75,000 plus a line of credit for a 40% equity stake in the company.
In an update segment in season six, it was revealed that six months after appearing on Shark Tank, Hold Your Haunches had sold $1.5 million in product and moved into a new facility. As of June 2022, the company’s annual revenue was around $1 million.
According to a more recent update in 2023, Hold Your Haunches has a net worth of $1 million. Since appearing on Shark Tank, the company has experienced tremendous growth and success, securing additional funding and partnerships.
The company has also expanded its product line to include sexy t-shirts with spaghetti straps.
However, the update also notes that one of the Sharks, Kevin O’Leary, believes that Hold Your Haunches engages in deceptive advertising and that legal action should be taken. Despite this, Hold Your Haunches continues to thrive as a successful business.
What happened to Hold Your Haunches at the Shark Tank Pitch?
Erin and Jenny did a deal with Lori and Barbara.
What is the purpose of the Hold Your Haunches?
You want to get rid of your muffin top or unsightly thighs.
You can wear these shapewear leggings that help you to get rid of your extra fat.
It’s a pretty cool product designed to correct some body flaws while you’re sitting at a desk all day.
How much is hold Your Haunches cost?
Hold Your Hunches is available at a wholesale price of $69 and retails for $139.
Was hold Your haunches successful?
Just six months after the episode aired, Hold Your Haunches saw more than $1.5 million in profits
What are the different types of Hold Your Haunches Shapewear Clothing?
This includes; Pencil and ruched skirts, bootcut pants, leggings, capris
What distinguishes Hold Your Haunches Shapewear Pants from other compression clothing?
The Hold Your Haunches Shapewear Pants are unique.
The hard-working compression is sewed into a snug and smooth fit at the waist and extends pleasantly below the calf.
Underneath a fashion-forward, modern woman’s fantasy trouser, we’ve hidden our little secret.
If they are short or tiny, will Hold Your Haunches® Shapewear Pants be too lengthy for them?
No, our bootcut pants and leggings can both be tastefully hemmed without altering the design.
Is it possible to wear Hold Your Haunches Shapewear Pants all year, including in the summer?
Yes, neither the pants nor the inside compression liner contain cotton, allowing them to breathe and wick moisture.
What is the best way to take care of my Hold Your Haunches products?
Pants for Shapewear
Machine wash cold on gentle cycle with like colours and hang to dry for best results.
Tops
Machine wash cold on gentle cycle or hand wash and hang to dry for best results.
Is their personal information and payment card information safe?
Yes, they employ cutting-edge security technologies to encrypt all of their sensitive data, including credit card numbers, names, and addresses.
