Skip to content

✕ No deal Out of business Season 10, Ep. 5 💄 Fashion & Beauty

Handbag Raincoat on Shark Tank

Be the first to review

Handbag Raincoat is a waterproof cover that fits over a handbag to protect it from rain. It is aimed at people who want to keep designer or leather purses from water damage in bad weather.

We may earn a commission when you buy through our links. It never affects what we write. How we make money

⏱ Handbag Raincoat in 30 seconds

The ask$300K for 25%Valued at $1.2M
In the tankNo dealWalked out without a Shark
After the showWent it alone
TodayClosedThe founders closed the business in December 2019 and the product is …

Handbag Raincoat Shark Tank deal

Asked for: $300,000 for 25%
Asking valuation: $1.2M
Result: No deal
Founders: -
From: -
Aired: Nov 18, 2018

Would you have invested in Handbag Raincoat?

The pitch

The founders pitched Handbag Raincoat in Shark Tank Season 10, Episode 5 (aired Nov 18, 2018). They asked for $300,000 in exchange for 25% equity, valuing the business at $1.2M. They left the Tank without a deal.

What happened to Handbag Raincoat after Shark Tank?

Out of business

Handbag Raincoat appears to be out of business (The founders closed the business in December 2019 and the product is no longer sold.).

Sources (1)

sharktankblog.com/business/the-handbag-raincoat/

📝 Know something we don't? Suggest an update

Reviews of Handbag Raincoat

No reviews yet. Have you tried Handbag Raincoat? Tell other shoppers what you think.

Frequently asked questions

Did Handbag Raincoat get a deal on Shark Tank?

No. Handbag Raincoat did not get a deal on Shark Tank after asking for $300,000 for 25%.

Is Handbag Raincoat still in business?

Handbag Raincoat appears to be out of business (The founders closed the business in December 2019 and the product is no longer sold.).

What season and episode was Handbag Raincoat on Shark Tank?

Handbag Raincoat appeared in Season 10, Episode 5, which first aired on November 18, 2018.

Where can I buy Handbag Raincoat?

Search for Handbag Raincoat on Amazon or major retailers; availability varies.

What was Handbag Raincoat's valuation on Shark Tank?

The founders valued Handbag Raincoat at $1,200,000 when they entered the Tank.