Table of Contents
Raising Wild is a women’s swimsuit firm in Florida created by Shelly Hyde and Kara Haught, two fun-loving sisters. The company develops and produces beautiful one-piece suits with busy mothers in mind.
Offering swimsuits for adults and children, the sisters are dedicated to bringing individuals who feel confident in their swimsuits out of their beach chairs and away from their towels to raise their special wild type.
The suits are designed to be comfortable and elegant, instilling confidence and sophistication in their wearers.
Company Name | Raising Wild |
Founder | Rachelle Hyde And Kara Haught |
Product | Women’s and kids’ swimwear and apparel collection |
Investment Seeking | $100,000 For 20% equity in Raising Wild |
Final Deal | $100,000 For 50% equity in Raising Wild |
Shark | Barbara Corcoran |
Episode | Episode 3 Season 8 |
Business Status | In Business |
Website | Visit Website |
Who Is The Founder Of Raising Wild?
Rachelle Hyde and Kara Haught of Florida founded Raising Wild, a swimsuit brand. The company sells all-around swimsuits designed for fit, fashion, and function.
Rachelle and Kara increased their mother’s interest in swimming costumes. As two girls grew up in Florida, they always donned comfortable bathing costumes during their daily activities.
Swimwear was their closet and clothing, whether it was for dates, movies, or regular homework. Motivated to enhance standards for this important piece of clothing, the two sisters were encouraged to begin Raising Wild.
Their products would assure everyone in children’s presence is comfortable, confident, elegant, and stylish.
They wanted to make swimsuits a vital part of every woman’s life and girl’s wardrobe and inspire them to live in a box-fashion manner. The bathrooms are unique, with distinctive characteristics that make them pleasing and functional.
Most goods offer adjustable ties, bum covers, integrated shelf brazes, and care-friendly designs, which increase the popularity of young women and mothers.
Mothers have excellent feedback for things that perfectly fit children who love decency, comfort, and luxury on the beaches.
The firm grew rapidly and received support from the target market, so the two sisters needed more growth funding and increased production to be profitable and sustainable.
Tara Hyde and Shelly Hyde are sisters and best friends from St. Cloud, Florida. They’ve always been companions in crime — from teaching one another to swim to cutting one another’s bangs; they knew they were an excellent pair.
They now each have four children, but little else has changed. They’re continuing their excursions, although they’re accompanied by four small wild ones this time.
They provide products that allow women and mothers to live elegantly and fearlessly. A mom and a business owner have a lot of overlapping skill sets — it’s difficult and exhausting.
You will have to put the children to bed at the end of the day, and more work will follow, but it will all be worth it. They have invested their money and countless hours into Raising Wild, but everything is handled by the two.
They require another pair of hands to assist them, yet their business may fail without the Sharks‘ assistance. The moment they are about to enter is the most critical in the history of their firm.
How Was The Shark Tank Pitch Of Raising Wild?
Tara and Shelly enter the Shark Tank, covered in what seems to be either a bathroom suit or lingerie. Mark Cuban grins and tucks away his phone as the two come in like Tara and Shelly.
Tara and Shelly appeared on Shark Tank requesting an investment of $100,000 in exchange for a 20% stake in Raising Wild.
Raising Wild, their company was inspired by the youth of the pair. They grew up in Florida and performed sports such as lobster diving and cord swinging; thus, their youngsters wore bathing costumes.
Shelly and Tara have four children apiece now, and they haven’t slowed them down. But today’s suits can’t keep up with them since they’re no longer children.
You’ve changed the requirement for a swimsuit; therefore, you’ve made your bathrobes for fitness, fashion, and enjoyment.
Raising Wild is the perfect option for women like them in their bathing battle. Their cuts and colors touch many body types at the ideal spots.
However, the feature that makes Raising Wild genuinely different has extended the body and coverage of the booty to allow freer mobility. They even offer nursing suits.
Tara and Shelly were raised in a family of 12 brothers and sisters. Three of their mothers’ models and three of their older sisters with the two sisters.
In this way, Tara and Shelly are sure that Raising Wild enables women to do everything, including an investor’s pitch in front of a room filled with “hungry haves.”
The two women slip into something more professional and get samples. Robert jokes if Barbara’s in a bathroom, who then jokes she wears only bikinis.
Then Barbara asks how the two sisters began the business. As the two were brought up in Florida, they were always hunting for a swimsuit. When they became mothers, they still looked for bathrobes.
They still desired an elegant and classy style without hanging the rear behind them. However, the rationale for the two has changed – women are more active than ever.
Barbara remarked that the two sisters could not locate suits, particularly down in Florida, startled.
Then Robert questions the cost of the clothes. Bathing outfits range from $130 to $156, roughly twice your average swimsuit of $60.
The average cost per bathing suit is $38, a margin of almost 250 percent. Total Raising Wild sales are $130,000 in life, which, according to Mark Cuban, is not horrific.
The majority of their sales are direct to consumers, and social media is their only marketing so far. Mark questions her vision, and Shelly answers that she thinks it may go “enormously.”
Mark points out that it’s not a big amount, and there are just about 800 consumers. How do they move from 800 to 8,000 customers?
Tara argues that more clients can be reached if they invest money into marketing; however, Mark says you need a strategy to spend the money wisely.
You must test it and discover what works to achieve results. Before they were mothers, Robert then asks about their occupations. They are moms who “really mean that they are good at all they do.”
Then, Kevin emphasizes that they have certainly done no official job in this area and clearly says that “in hell, there is no likelihood that any shark will pay $100,000.”
Because there is nothing to invest in — Shark Tank’s all about generating money and investing in return-producing enterprises at the end of the day.
Ultimately Kevin feels he’s not going to earn Raising Wild returns, and he is the first Shark out of the agreement.
Raising Wild currently produces women’s suits and plans to expand to include children. You explain that you have a “captive audience” of the mothers you bought.
Mark then adds the two must be cautious, as they indicated that they designed clothes and sold them well.
You talk about growth by introducing additional lines, extending marketing, a retail deal — everything that takes organic growth away.
You are going too far too quickly, and your business is over. Mark is out of the contract for the second Shark.
Then Lori says the two women have a long way to go and a lot of work to do, so she’s the third shark out of the deal, leaving Barb and Robert alone.
Robert adds that the 1000-mile journey begins with a single stride, and it doesn’t seem sustainable to cater for swimsuits because kids are oriented towards their mothers.
This is a tough market with several significant companies, and he’s out of the transaction while he wishes them the best. For him, it’s just too soon.
Barb is the only surviving Shark to invest. Tara says she doesn’t plan to stop and would love to have a strategic partner who would offer her a monetary influx.
Barb argues that every business person enters Shark Tank with a burning desire, which is usually early in the game.
There’s never enough passion, and while she believes that the two are entirely dedicated, she needs something from her background that can make her feel like they have achieved anything in the business world.
Then Tara adds she has a son who has been previously diagnosed with ADHD, and she breaks up as she speaks.
Her son received an incapacity to read and write, and Tara was informed that he would be at grade level years ago.
They should have kept him behind, but they spent all their extra time helping him after school. They took him to an early class, and ultimately, the work paid off. Her son reads above his grades, and he has the second-highest grade in his mathematics class.
The fact that Tara doesn’t have a business background doesn’t matter — she works harder than any other person doing the same thing. She feels she’s shown to be so.
Barbara thinks she couldn’t hit a better story, albeit it doesn’t have anything to do with business. When Barbara returns home, she spends an hour and a half with her child, Kate.
Your daughter also has a reading disability, but her daughter relies on the moon since her mother supports her.
Tara may play this hand and stick with it, which could be one of life’s most underappreciated achievements. Unfortunately, the business is just too bad.
They’ve got a mother niche that’s too limited because it’s just a “mum” game. She just can not see any of the games that genuinely work, and they are big challenges to overcome.
Nevertheless, although she is somewhat greedy, Barbara wants to make an offer. With four Sharks out of the agreement, Barbara is the last chance of Raising Wild.
Kevin then says he believes horrible things will happen – Barbara offers $100,000 (majority stake/controlling share) in exchange for 51 percent of the business. This offer depends on the cost of $99, which she feels they’re going to be out of the shelf.
Moreover, she wants them to name each bathroom suit after their sisters and model it as a sister. It’ll be wonderful to have a vast family from which you can benefit.
Tara and Shelly feel that they have been working too hard for the firm and that part of their baby is hard to give up.
They are offering 35% for $100,000. Barbara is thinking about it and offers a $100,000 50/50 split.
Both of them require an experienced guide to succeed. However, if the two need more cash, Barbara can issue credit lines.
Ultimately, they agree to collaborate with Barbara and settle on $100,000 for 50% of the business.
Final Deal: Barbara Corcoran agreed to invest $100,000 for a 50% stake in Raising Wild.
Did Raising Wild Get A Deal On Shark Tank?
Rachelle Hyde and Kara Haught appeared on Shark Tank Episode 3 of Season 8, seeking a $500,000 value for their mom-friendly swimwear company.
Raising Wild secured a deal of $100,000 investment from Barbara Corcoran for a 50% stake in its company at a $200,000 valuation.
Raising Wild Shark Tank Update
Raising Wild generated $400,000 in sales in the months after their appearance on Shark Tank. They encountered difficulties prioritizing their efforts after opting to present additional product lines.
The two sisters have learned a great deal from their mentor and investor-partner, Barbara Corcoran, who taught them how to prioritize and thus discipline their creative impulses.
The plan and support have assured their business’s growth and sustainability. The company has always maintained a high level of quality over the years.
The Los Angeles clothing sector provides Raising Wild with unique materials, factories, and distinctive people, ensuring the industry’s quality.
What Happened To Raising Wild After Shark Tank?
Raising Wild continues to operate successfully to the present day. The two sisters have agreed to work with Barbara, and the bikinis available in the online store are named after their respective sisters.
Suits have become more affordable, with the average women’s swimsuit costing between $100 and $120, while children’s swimsuits cost between $60 and $80.
The Raising Wild swimsuit is not yet available for wholesale, but the authors have provided an email address for potential retailers to contact them.
Raising Wild has a Facebook page with over 5,000 followers, where they are frequently active with social media links and information. Their Pinterest page has only 163 followers.
However, it contains further images of their bikinis being modeled. With over 46,000 followers, Instagram is the most successful branch of Raising Wild’s social media presence.
Is Raising Wild Still In Business?
Raising Wild has since produced a new line of eyewear after concentrating on its productions. The swimsuits are created so that every customer wearing them will immediately recognize the brand because of their superior quality, flawless fit, and functionality.
Raising Wild is still in business, and the company has consistently identified new growth opportunities while retaining relevance and originality in a saturated swimwear sector.
The valuation of Raising Wild was $200,000 after securing investment from Barbara Corcoran on season 8 of Shark Tank. The current net worth of Raising Wild is estimated to be $2.5 million.