“Grace and Lace” got featured on Shark Tank America in November 2013. It has a net worth of around 10 Million USD as of 2023. Since appearing on Shark Tank, Grace and Lace have experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 10 Million USD.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
| Grace and Lace’s Net worth before appearing on Shark Tank | 1.75 Million USD (business valuation) |
| Grace and Lace’s Current Net worth (2023) | 10 Million USD |
| Episode | Season 05 Episode 10 |
| Company name | Grace and Lace |
| Product | Women’s apparel company |
| Founder | Melissa Hinnant and Rick Hinnant |
| Asked for | $175,000 for 10% Equity |
| Final deal | $175,000 for 10% – half goes to the line of credit |
| Shark | Barbara Corcoran |
| Business status | In Business |
| Location | Cedar Park, Texas |
Grace and Lace’s founders, Melissa Hinnant and Rick Hinnant, have a net worth of 8.6 Million USD as of 2023.
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 Grace and Lace and its continued success.