Amy Roiland launched FashionTap in 2014 as a social networking app for fashion enthusiasts. She pitched it on Shark Tank in 2016, seeking $100,000 for 10% equity but left without a deal.
Despite initial growth, the app faced stiff competition from platforms like Instagram and ceased operations in 2018.
As of 2025, FashionTap remains out of business, and no acquisition or crowdfunding efforts have been reported. Amy Roiland continues her work in the fashion industry through her blog, A Fashion Nerd.
FashionTap Net Worth
Net worth | $1 million (2016) Business valuation |
Annual Sales | Not available |
Lifetime Sales | Not available |
Shark Tank Investor | No deal |
Founder | Amy Roiland |
Employees | Not available |
FashionTap Pitch on Shark Tank
Company name | FashionTap |
Product | Fashion app for social media influencers |
Episode | Season 07 Episode 26 |
Founder | Amy Roiland |
Asked for | $100,000 for 10% equity |
Final deal | No deal |
Shark | None |
Location | USA |
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FashionTap Founder
FashionTap was founded by Amy Roiland in 2014. She is a former model. Her experience in the fashion industry made her well-equipped to develop this app. FashionTap’s founder, Amy Roiland’s net worth is unknown as of 2025.
Key accomplishments
Year | Accomplishment |
2016 | FashionTap app was the first company to offer rent designer clothing services. |
2017 | Featured in The New York Times and in The Wall Street Journal |
2018 | FashionTap was out of business. |
Conclusion
Some companies that appear on the show have not achieved great success, and the FashionTap is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, FashionTap went out of business in 2018. And the product is no longer available in the market.
Don’t miss these Shark Tank product of Season 07. Fruityfaces , Brellabox