Grace & Lace Knitted Boot Socks on Shark Tank
Be the first to reviewGrace & Lace makes knitted boot socks with lace or ruffle cuffs that peek out from the top of boots. They target women who want a cozy, feminine accent for boots, and the brand has supported charitable causes.
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Price range $18.99-$65 checked Oct 2026
⏱ Grace & Lace Knitted Boot Socks in 30 seconds
- The ask$175K for 10%Valued at $1.75M
- In the tankDeal: $87.5K for 10%With Barbara
- After the showDeal closedSurvived due diligence
- TodayStill in businessFrom $18.99
Grace & Lace Knitted Boot Socks Shark Tank deal
- Asked for
- $175,000 for 10%
- Asking valuation
- $1.75M
- Result
- Deal
- Final deal
- $87,500 for 10%
- Deal valuation
- $875K
- Shark
- Barbara Corcoran
- Founders
- Rick and Melissa Hinnant
- From
- Austin, TX
- Aired
- Nov 22, 2013
Deal notes: $175K total, half as a line of credit
Shop Grace & Lace Knitted Boot Socks
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Where to buy: Amazon
Prices and availability change. Check the retailer for the current price.
Would you have invested in Grace & Lace Knitted Boot Socks?
The pitch
Rick and Melissa Hinnant from Austin, TX pitched Grace & Lace Knitted Boot Socks in Shark Tank Season 5, Episode 10 (aired Nov 22, 2013). They asked for $175,000 in exchange for 10% equity, valuing the business at $1.75M. The entrepreneurs walked away with a deal from Barbara Corcoran: $87,500 for 10%. That put the final valuation at $875K, 50% below what they originally asked for.
What happened to Grace & Lace Knitted Boot Socks after Shark Tank?
Still in business Last checked October 3, 2026
As of our last check (October 2026), Grace & Lace Knitted Boot Socks appears to still be in business. Its official website is online.
✅ The on-air deal closed after due diligence.
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Frequently asked questions
Did Grace & Lace Knitted Boot Socks get a deal on Shark Tank?
Yes. Grace & Lace Knitted Boot Socks got a deal with Barbara Corcoran for $87,500 and 10% equity.
Which Shark invested in Grace & Lace Knitted Boot Socks?
Barbara Corcoran invested in Grace & Lace Knitted Boot Socks on Season 5 of Shark Tank. Note that some on-air deals change or fall through during due diligence.
Is Grace & Lace Knitted Boot Socks still in business?
As of our last check (October 2026), Grace & Lace Knitted Boot Socks appears to still be in business. Its official website is online.
What season and episode was Grace & Lace Knitted Boot Socks on Shark Tank?
Grace & Lace Knitted Boot Socks appeared in Season 5, Episode 10, which first aired on November 22, 2013.
Where can I buy Grace & Lace Knitted Boot Socks?
You can buy Grace & Lace Knitted Boot Socks from its official website and often on Amazon.
What was Grace & Lace Knitted Boot Socks's valuation on Shark Tank?
The founders valued Grace & Lace Knitted Boot Socks at $1,750,000 when they entered the Tank, and the final deal valued it at $875,000.