Kalyx Sports Bra Shark Tank Net Worth 2023
Kalyx Technologies was founded by Kimberly Cayce and appeared on Shark Tank in 2009. The company valuation was $625,000 during and after the pitch, but no deal was made with the Sharks.
In 2012, Kalyx Technologies was acquired by ActivewearUSA, and as of 2023, the net worth of Kalyx is unavailable since the acquisition. However, Kimberly Cayce has a net worth of 1 Billion USD as of 2022
Kalyx Technologies produces sports bras that are engineered to work with a woman’s body depending on the type of activity she enjoys.
The sports bra is made with mostly recycled material, making it more eco-friendly than other sports bras.
Following its appearance on Shark Tank, Kalyx Technologies raised over $500,000 in Venture Capital and Angel Investments and produced a 2010 team Kalyx Calendar in collaboration with City of Hope Hospital to raise money for breast cancer awareness, education, and treatment.
What is Kalyx Sports Bra? Who is the founder of Kalyx Sports Bra?
Kalyx has developed a highly advanced collection of encapsulated sports bras designed for specific activities.
These sports bras are created with K-FORCE Technology, featuring a cutting-edge design, innovative construction, and premium materials that result in an overall superior sports bra.
Traditional sports bras compress the breasts against the chest wall, restricting movement during physical activities such as jogging or jumping. This movement limitation can cause discomfort and pain for many women.
Kimberly Cayce, the founder of Kalyx Technologies and a former professional golfer, spent three years researching, developing, and beta testing her new Athletic Bra line. She understands the importance of selecting a properly fitting bra for athletic performance.
Kalyx’s sports bras are environmentally friendly and activity-specific, with the K-Force Sports Bra featuring a revolutionary fabric and patent-pending technology.
This bra includes six padded panels that provide exceptional support and protection without the need for an underwire.
Additionally, the bra is made with mostly recycled material, making it a more eco-friendly option than other sports bras.
Kalyx Sports Bra Shark Tank Pitch
In Shark Tank episode 106, Kimberly Cayce, the owner of Kalyx Technologies, appeared with her goods and enthusiasm to impress the sharks. She sought $120,000 for a 20% stake in Kalyx Technologies, which was valued at $625,000.
Her product was a line of eight athletic bras designed to reduce movement during exercise. The bras contained the “patentable” Kalyx Technologies power sling insert, which was claimed to reduce exercise-induced breast soreness in women.
Kimberly faced some skepticism from the Sharks when promoting her product, with some smirking and laughing at her claims.
However, she explained that exercise-induced breast soreness was a serious issue affecting millions of women.
When asked about sales, Kimberly admitted that the company was a startup with a waiting list of customers and a retail store order.
The Sharks questioned Kimberly’s ability to compete in a crowded sports bra market, but she defended her perspective.
However, none of the Sharks invested, and Kevin O’Leary made some harsh comments before throwing her offstage.
Despite leaving without a deal, Kimberly and Kalyx Technologies persevered. They produced the 2010 team Kalyx Calendar to raise money for breast cancer awareness, education, and treatment.
Kimberly also raised almost double the investment she sought from the Sharks and sold 4,000 units after the show’s airing. Kalyx Technologies was eventually acquired by ActivewearUSA, and Kimberly is now a Senior Marketing & Operations professional with The Adzi Agency.
Competitors of Kalyx Sports Bra
The primary competitor on the market that offers similar products as Kalyx is the Under Armour brand.
Net Worth of Kalyx Sports Bra
The company valuation was $625,000 during and after the pitch. Since the company was acquired in 2012 by ActivewearUSA and hence the company net worth is not available.
Kalyx Sports Bra FAQs
What is Kalyx Sports Bra?
Kalyx Sports Bra is a sports bra that reduces discomfort in breast during different sports activities.
Who is the founder?
Kimberly Cayce is the founder of Kalyx Technologies and a former professional golfer.
How much was seeking on Shark Tank?
Kimberly was seeking for $125,000 for 20% stake in her company, which worth $625,000.
Did she have the deal?
No, she didn’t have a deal on Shark Tank
Is Kalyx Sports Bra still in business?
No, Kalyx Sports Bra is not in business. Kalyx was acquired by ActivewearUSA in 2012.
Where Kalyx Sports Bra was located?
Kalyx Sports Bra was located in Orange County, California.
Are Kalyx Products safe to use?
Yes, Kalyx products are made of 100% soft fabric, hence they are very comfortable.
Does Kalyx Fashion line have any differences from Kalyx Sports Bras?
Kalyx Fashion has some different designs compared to their sporting bras.
How can I contact Kalyx Sports Bra?
There is no email or phone number available.
How many types of Kalyx Sports Bra they have?
They have 8 types of sport bra, which is a running bra, yoga bra, jogging bra, golfing bra, work out bra and more.
What is the price of Sport Bra?
The price starts from $58.00.
What was the patent of Kalyx Sports Bra?
The company gained a patent on their power sling technology in 2011. The power sling keeps breasts from bouncing during exercise.
The patented technology decreases breast movement by 50% when compared to a conventional sports bra.
How to get Kalyx Sports Bra?
Approved dealers of Kalyx Sports Bra can order the product on the company’s website.
Was Kalyx Sports Bra shipping?
No, Kalyx Sports Bra was not shipping to customers.
How to contact Kalyx?
There is no email or phone number available on the company’s website. They also do not have any social media account.
Does Kalyx Sport Bra have any defects?
No, there are no defects in this product.
How do I pay Kalyx Sports Bra?
There are several ways to pay for Kalyx Sports Bra. They include credit cards, PayPal and via bank drafts.
Does Kalyx Sports Bra have a warranty or guarantee?
Yes, Kalyx Sports Bra comes with a 100% money back guarantee.
Is Kalyx Sport Bra comfortable?
Yes, it is very comfortable to wear and can be worn for long hours without any difficulty.
Is Kalyx Sports Bra made of fabric?
No, Kalyx sports bra is made of high-end mesh. It has no fabric content in it.
Who acquired Kalyx Sports Bra?
The owner of Kalyx Sport Bra is Kalyx Technologies Inc. ActivewearUSA acquired the company in 2012.
Where is Kimberly Cayce now?
Kimberly Cayce is a Senior Marketing & Operations professional with The Adzi Agency.
What is the net worth of Kimberly Cayce?
Kimberly Cayce has a net worth of $800,000.
