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’s net worth is not available.
Kalyx Sports Bra Shark Tank Updates
Kimberly Cayce appeared on Shark Tank in Season 1 Episode 6, seeking $125,000 for 20% of her company, Kalyx Technologies, which produces high-performance sports bras.
Cayce created sports bras to solve the problem of breast pain due to exercise and lack of proper support. However, she did not receive a deal from any of the Sharks.
Despite not receiving a deal on Shark Tank, Kalyx Technologies continued to operate. The company’s net worth is unknown, but it is still in business.
In an update on gazettereview.com, it is mentioned that Kalyx Technologies has expanded its product line to include other sportswear items
Kalyx Sports Bra Shark Tank Table Summary:
|Product||High-performance sports bras|
|Valuation||$625,000 during and after the Shark Tank pitch|
|Acquisition||Kalyx Technologies was acquired by ActivewearUSA in 2012|
|Net Worth||Unavailable since the acquisition|
|K-Force||Patented technology to reduce movement and breast soreness|
|Environmental||Mostly recycled materials, eco-friendly|
|Venture||Raised over $500,000 in venture capital and angel investments|
|Update||Expanded product line to include other sportswear items|
|Founder Net Worth||Kimberly Cayce has a net worth of 1 Billion USD as of 2022|
Kalyx Sports Bra FAQs
What Is Kalyx Sports Bra, Founder, And How Does Kalyx Sports Bra?
Kalyx Sports Bra is a line of athletic bras founded by Kimberly Cayce, a former professional golfer who spent three years researching, developing, and beta-testing her new line of athletic bras.
The bras are designed to be environmentally friendly and activity-specific, with K-FORCE Technology that provides optimal comfort and support during exercise. The sports bras are specifically designed to reduce breast pain associated with physical activities.
Kalyx Sports Bra appeared on Season 1, Episode 6 of Shark Tank USA, where the founders raised $125,000 for a 20% stake in the company but could not secure an offer. ActivewearUSA acquired the company in 2012, and its products are not currently available on its website.
Kimberly Cayce is the founder of Kalyx Technologies. She committed herself to find an innovative solution to the most annoying matter of her sports life, breast pain.
Kalyx strives to provide quality apparel for women of all sizes and shapes, with a focus on comfort and support during physical activities.
How Has Kalyx Sports Bra Evolved Since Appearing On Shark Tank?
Kalyx Sports Bra appeared on Shark Tank in Season 1 Episode 6, where founder Kimberly Cayce sought $125,000 for 20% of her performance sports bras. The Sharks were concerned about the high cost of the bras and the limited market for them.
However, Cayce was able to secure a deal with Daymond John for $125,000 for 40% of the company.
Since appearing on Shark Tank, Kalyx Sports Bra has undergone some changes. The company has rebranded as KALYX and expanded its product line to include leggings, shorts, and tops.
The sports bras are still a core product, but the company has also introduced a new line of bras called the “Everyday Collection”. The Everyday Collection features bras that are designed for everyday wear, rather than just for sports and fitness activities.
KALYX has also expanded its distribution channels. The company’s products are now available on its website, as well as on Amazon and in select retail stores. The company has also partnered with several fitness influencers to promote its products on social media.
Overall, KALYX has evolved from a niche sports bra company to a broader activewear brand that offers products for both fitness and everyday wear.
What Happened To The Kalyx Sports Bra After Shark Tank?
Kimberly Cayce entered Shark Tank Season 1 with her Kalyx Technologies sports bras, which are engineered to provide proper support and reduce breast pain during exercise.
Despite her pitch and demonstration, none of the Sharks made a deal with her. However, after her appearance on Shark Tank, her website, GoKalyx.com, received a deluge of orders and sold 4,000 units to eager consumers.
In 2012, Kalyx was acquired by ActivewearUSA.com, and as of today, its website is no longer available. The products it made were of high quality and provided excellent support.
It is unclear why Kalyx’s website is no longer available, but it is possible that the company was merged with ActivewearUSA.com or that it went out of business.
In summary, Kalyx Technologies sports bras did not receive a deal on Shark Tank, but the company received a significant boost in sales after the show. Kalyx was later acquired by ActivewearUSA.com, but its current status is unclear.
How Much Was Kalyx Sports Bra Seeking On Shark Tank?
Kimberly Cayce appeared on Season 1 Episode 6 of Shark Tank seeking $125,000 for 20% of her performance sports bra, Kalyx. However, she did not receive a deal from any of the Sharks.
Did Kalyx Sports Bra have the deal?
During Shark Tank Season 1, Kimberly Cayce entered the show with a crew of women modeling her Kalyx Technologies sports bras. She asked for $125,000 for 20% equity but did not receive a deal from any of the sharks.
As of February 2018, Kalyx Technologies was acquired by ActivewearUSA, and they do not have any KALYX Bras or KALYX Activewear for sale on their website. Therefore, it is unclear whether Kalyx Sports Bra had a deal after appearing on Shark Tank.
Is Kalyx Sports Bra Still In Business?
No, Kalyx Sports Bra is no longer in business. In 2012, Kalyx was acquired by ActivewearUSA.com, and its website is no longer available.
Although Kalyx left a lasting impression with its unique sports bras and activewear for women, its products are not currently available on ActivewearUSA’s website.
Kalyx’s products were of high quality, and its clients vowed to continue using them. However, as of 2023, the net worth of Kalyx is unavailable since the acquisition.
Where Can I Purchase Kalyx Sports Bra?
Kalyx Sports Bra can be purchased from various online retailers such as Poshmark and The Socialites Closet. Poshmark offers a range of Kalyx Sports Bras in different sizes and colors. The Socialites Closet also sells Kalyx Sports Bras that are eco-friendly and made from organic fabrics.
It is unclear whether Kalyx Sports Bra is available for purchase directly from the Kalyx Technologies website or physical stores.
However, Kalyx Technologies founder, Kimberly Cayce, appeared on Shark Tank to pitch her line of athletic bras. It is possible that Kalyx Sports Bra may be available for purchase through the Shark Tank website or other retailers.
To purchase Kalyx Sports Bra, customers can visit the Poshmark or The Socialites Closet websites and browse their selection of Kalyx Sports Bra. Customers can select the size and color they want and proceed to checkout to complete their purchase.
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.