✓ Got a deal Status unconfirmed Season 12, Ep. 14 🏃 Fitness, Sports & Outdoors

Byoot Company on Shark Tank

Byoot Company makes button-up swimwear for women. The design is meant to be easier to put on and adjust than traditional suits, aimed at women who want versatile swimwear for the beach and pool.

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⏱ Byoot Company in 30 seconds

The ask$50K for 30%Valued at $166.7K
In the tankDeal: $50K for 5%With Kendra · loan
After the showNot confirmedNo public record either way
TodayStatus unconfirmed

Byoot Company Shark Tank deal

Asked for: $50,000 for 30%
Asking valuation: $166.7K
Result: Deal
Final deal: $50,000 for 5%
Deal valuation: $1M
Shark: Kendra Scott
Structure: Loan / credit line
Founders: Elyce and Nathan Billany
From: -
Aired: Feb 19, 2021

Asked

$166.7K

Got

$1M

Would you have invested in Byoot Company?

The pitch

Elyce and Nathan Billany pitched Byoot Company in Shark Tank Season 12, Episode 14 (aired Feb 19, 2021). They asked for $50,000 in exchange for 30% equity, valuing the business at $166.7K. The entrepreneurs walked away with a deal from Kendra Scott: $50,000 for 5%. That put the final valuation at $1M, 500% above what they originally asked for. Part of the investment was structured as a loan or line of credit.

What happened to Byoot Company after Shark Tank?

Status unconfirmed

We couldn't confirm whether Byoot Company is still operating. Its website did not respond at our last check. Readers can share updates in the reviews.

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Frequently asked questions

Did Byoot Company get a deal on Shark Tank?

Yes. Byoot Company got a deal with Kendra Scott for $50,000 and 5% equity.

Which Shark invested in Byoot Company?

Kendra Scott invested in Byoot Company on Season 12 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is Byoot Company still in business?

We couldn't confirm whether Byoot Company is still operating. Its website did not respond at our last check. Readers can share updates in the reviews.

What season and episode was Byoot Company on Shark Tank?

Byoot Company appeared in Season 12, Episode 14, which first aired on February 19, 2021.

Where can I buy Byoot Company?

Search for Byoot Company on Amazon or major retailers; availability varies.

What was Byoot Company's valuation on Shark Tank?

The founders valued Byoot Company at $166,667 when they entered the Tank, and the final deal valued it at $1,000,000.