Kate Steadman and Sharon Bui created Frill Clothing in 2012 to provide stylish, custom apparel for sororities and bridesmaids. Their appearance on Shark Tank in 2015 earned a $100,000 investment from Barbara Corcoran and Kevin O’Leary for 30% equity.
The company grew rapidly after the show, experiencing a significant boost in sales. In 2016, Frill Clothing was acquired by Suresh and Sudh Iyer, who relocated its operations.
Despite facing challenges during the pandemic, the business received a Comcast RISE grant in 2022 to support its recovery. As of 2025, Frill Clothing continues to serve customers online and remains operational.
Frill Clothing Net Worth
Net worth | $ 6.8 million (2025) |
Annual Sales Revenue | $1 million |
Investor | Kate Steadman & Sharon Bui |
Founder | Kate Steadman & Sharon Bui |
Frill Clothing Pitch on Shark Tank
Company name | Frill Clothing |
Product | Custom designer wear and formal clothing company |
Episode | Season 6 Episode 21 |
Founders | Kate Steadman & Sharon Bui |
Asked for | $100,000 for 20% Equity |
Final deal | $100,000 for 30% Equity |
Sharks | Barbara Corcoran and Kevin O’Leary |
Location | Raleigh, North Carolina |
Don’t miss these product from Season 06
Frill Clothing Founders
Kate Steadman & Sharon Bui found Frill Clothing in 2012. Bui and Steadman are both passionate about fashion and entrepreneurship. They are also committed to giving back to the community.
Frill Clothing’s founders, Kate Steadman & Sharon Bui, have a net worth of $6.8 million as of 2025.
Key accomplishments
Year | Accomplishment |
2015 | Appeared on Shark Tank season 06 and Barbara Corcoran and Kevin O’Leary invested $100,000 for 30% Equity |
2019 | Frill Clothing launched its own line of swimwear. |
2022 | Frill Clothing was on track to generate over $1 million in revenue. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Frill Clothing and its continued success.