Kalyx Shark Tank Update | Kalyx Net Worth

Kalyx is a company that specializes in designing and manufacturing sports bras for women. The company was founded to provide women with comfortable, supportive, and stylish sports bras catering to various body types and sizes.

Kalyx is a company founded by Kimberly Cayce that designs and produces unique sports bras and activewear for women. Their products are made with K-FORCE Technology, an innovative design that provides optimal comfort and support during exercise.

Kimberly Cayce understood the importance of proper support during physical activities and aimed to create products that would promote overall health and prevent injuries.

The sports bras are specifically designed to reduce breast pain associated with physical activities. ActivewearUSA acquired the company in 2012, and its products are not currently available on its website.

Kalyx strives to provide quality apparel for women of all shapes and sizes, ensuring everyone can exercise in comfort and style.

What Is Kalyx?

Kalyx is also a sports bra brand that specializes in athletic wear. The company offers a range of sports bras designed to provide maximum support, comfort, and style during physical activities such as running, yoga, and weightlifting.

Kalyx bras are made from high-quality, moisture-wicking fabrics that help keep you dry and comfortable during workouts. Kalyx Technologies was a company that designed and manufactured comfortable sports bras for women.

The Kalyx Sports Bra line features different styles, including racerback, cross-back, and front-zip bras, each with unique designs and features. The bras are made from high-quality, moisture-wicking fabrics that help keep you dry and comfortable during workouts.

Kalyx Sports Bra has gained popularity for its innovative approach to sports bra design, with features like adjustable straps, removable cups, and breathable mesh panels.

The company’s mission is to empower women to feel confident and comfortable during physical activities by providing high-quality sports bras that fit well and perform at the highest level.

Kalyx Technologies creates comfortable sports bras to relieve exercise-induced breast pain. Kalyx Technologies bras were designed to provide a solution to exercise-induced breast pain. The company was featured in an episode of Shark Tank in 2009.

Kalyx Shark Tank Update | Kalyx Net Worth
Company NameKalyx Technology
FounderKimberly Cayce
ProductA sports bra that is comfortable and reduces exercise pain
Investment Seeking$125,000 For 20% equity in Kalyx Technology
Final DealNo Deal
SharkNo Shark
Episode Season 1, Episode 6
Business StatusAcquired
WebsiteKalyx Website

Who Is The Founder of Kalyx?

Kimberly Cayce founded Kalyx Technology, which manufactures sports bras to reduce exercise pain.

Kimberly Cayce started a Kalyx Technologies company that produces sports bras and other women’s clothing. It is an idea that has been invented by and for women.

Kimberly Cayce has been playing golf professionally for five years. Her experience has inspired her to create a company that produces special sportswear for women.

Kimberly Cayce was inspired by everything she has accomplished as a professional athlete, including her philanthropic efforts.

Kalyx Shark Tank Update | Kalyx Net Worth

Kimberly Cayce finished her professional golf career after getting divorced, which made her realize that she needed to reinvent herself. Kimberley Cayce spent three years researching and developing her business. She has done extensive beta testing on some of her products.

Kimberly Cayce has invested a lot of her own money in this company, but currently, she is struggling to get some investments. Kimberly Cayce has invested almost all of her money into Kalyx Technologies and says she needs an investment from the Sharks to keep the company going.

How Was The Shark Tank Pitch Of Kalyx?

Kimberly Cayce appeared on Shark Tank requesting an investment of $120,000 in exchange for a 20% stake in Kalyx Technologies. Kimberly Cayce, the founder of Kalyx, appeared on Season 1, Episode 6 of Shark Tank to pitch her sports bra company.

During her presentation, Kimberly explained the importance of proper support during physical activities for women and highlighted the unique features of Kalyx sports bras. She emphasized their comfort, style, functionality, and suitability for women of all shapes and sizes.

Kimberly asked the Sharks for an investment of $120,000 in exchange for a 20% stake in her company. She shared her vision of expanding the brand’s product offerings to cater to an even larger audience.

According to Kimberly, the products are stylish, attractive, and practical. Initially, the sharks assessed the implied value of Kimberly’s business at $600,000. This raised concerns, particularly since she disclosed that the company was still in pre-sales.

As a result, the sharks hesitated to take the risk and were uncertain if investing would be worthwhile. Furthermore, with Kimberly having invested over $100,000 of her funds, it would be challenging for the sharks to see a quick return on their investment.

Kevin Harrington was the first to opt-out, stating there was too much competition in the market. Barbara Corcoran followed suit, believing that the investment would be too high-risk. Daymond John and Robert Herjavec thought investing was too early, so they declined.

Finally, Kevin O’Leary remarked that the company was unsuitable for investment, making him the last shark to withdraw from the deal.

Despite her enthusiasm and well-prepared pitch, the Sharks had concerns about the company’s valuation, the level of competition in the market, and the challenges of scaling the business. Ultimately, Kimberly did not receive an investment offer from any Sharks.

None of the Sharks found Kalyx a profitable business to invest in and backed out from investing. Kimberly Cayce left the Shark Tank stage without securing any deal from the Sharks for Kalyx Technologies.

While her pitch on Shark Tank did not result in a deal, Kalyx has continued to operate and grow, offering a range of sports bras to meet the needs of active women.

Final Deal: No deal between Kalyx Technologies and Sharks.

What Happened To Kalyx After Shark Tank?

Kimberly Cayce has been perfecting her sports bras for three years but has not sold one. Kalyx Technologies was on the verge of bankruptcy and had invested a significant amount of her own money.

She needed a significant investment from the Sharks to manufacture and sell her sports bras. Kalyx Technologies raised over $500,000 in Venture Capital and Angel Investments following its appearance on ABC’s Shark Tank on September 13, 2009.

Kalyx Shark Tank Update | Kalyx Net Worth

The company increased its revenues and sales year-over-year from 2008 to 2012. It opened several high-profile gyms, yoga studios, and boutiques, including Equinox, Yoga Works, and Montage Resorts.

Kalyx items were also offered online via stores like Hautelook and in boutiques and studios around Australia, Europe, the United Kingdom, and South America.

The team created an award-winning sports bra and apparel collection, and KALYX items have been acknowledged for their design quality.

The KALYX items were featured in magazines such as Us Weekly, Health, Women’s Health, Self, Shape, and Glamour after celebrities like Jennifer Anniston and Kate Hudson wore them.

Finally, internet reviews indicate that consumers of the Kalyx sports bra find them to work flawlessly and intend to continue using them for a long time.

Kalyx Shark Tank Update

Kalyx makes comfortable sports bras and offers a solution to exercise-induced breast pain. The founders of Kalyx went to Shark Tank and raised $125,000 for a 20% stake in the company but could not secure an offer.

Kalyx continued to operate and grow despite not securing a deal with any Sharks. The exposure from the show helped the brand gain visibility, and the company continued to develop and market its sports bras, emphasizing the importance of comfort, style, and proper support for active women of all shapes and sizes.

Kalyx faced several challenges but managed to overcome them and continue to grow. The company, specializing in customizable flower arrangements, did not receive any investment from the sharks.

However, they received a lot of exposure and publicity from the show, which helped to increase their customer base. Kalyx focused on improving its online presence and expanding its product offerings.

They introduced new customer options to personalize their arrangements and started offering a subscription service. They also partnered with several other companies to offer their products to a wider audience.

Additionally, Kalyx started offering its products on Amazon and Etsy, which helped to increase its visibility and sales. They also secured a deal with QVC and started appearing on their show regularly.

Today, Kalyx is still in business and thriving. They continue to innovate and expand their product offerings and have become popular with people looking for unique and personalized floral arrangements. ActivewearUSA.com acquired Kalyx Technologies and merged it with its brand in 2012.

Is Kalyx Still In Business?

After appearing on Shark Tank in 2010, Kalyx experienced a surge in popularity as the brand gained more exposure. This increased sales, allowing them to expand their product line and create more sophisticated designs.

However, in 2012, Kalyx was acquired by ActivewearUSA.com, and its website is no longer available. Though Kalyx is no longer a business, it left a lasting impression on the industry.

Many publications, including SELF Magazine, recognized Kalyx for its excellence in design and awarded them the 2010 Best New Sports Bra prize. Kalyx was acquired by ActiveWearUSA in 2012 and has been the company’s sub-brand.

What Is the Net Worth of Kalyx?

The valuation of Kalyx was $600,000 when it appeared on Shark Tank. The net worth of Kalyx is $0 since ActivewearUSA.com acquired the company in 2012.

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