Bala Bangles Net Worth 2022 – What Happened After Shark Tank

Bala Bangles is a company based in Los Angeles, California founded by Natalie Holloway and Max Kislevitz. They are known for their stylish weighted wrist and ankle weights.

The entrepreneurial team went on to Shark Tank to sell their idea to investors, to their surprise, investors were so intrigued with the brand that they managed to score an investment of $900 000!

The question is, how successful are they now?

Quick Facts About The Bala Bangles Shark Tank Company

Shark Tank Episode

Season 11 Episode 13

Business Type

Stylish Weighted Wrist And Ankle Weights

Owners

Natalie Holloway & Max Kislevitz

Asked For On Shark Tank

$400,000 For 10%

Offer Accepted On Shark Tank

$900,000 For 30%

Sharks

Mark Cuban & Maria Sharapova

Status

In Business

Net Worth:

$6.5 Million

What Is Bala Bangles?

Bala Bangles are stylish wrist weight bands from Los Angeles-based activewear company, Bala.

The Bala Bangles can be worn during workouts without drawing attention. Know one will even know that you are wearing weights! You can buy Bala Bangles on various platforms, such as Amazon.

How Was The Bala Bangles Idea Created?

Natalie Holloway & Max Kislevitz, the founders of Bala Bangles, are business and life partners.

Before starting the company, both of them worked at the 72and Sunny, a marketing agency in Los Angeles. They would travel and go to Yoga retreats, and this is where the idea for Bala Bangles was born.

They used the concept of the 1980 wrist weights, incorporated their marketing knowledge, and created a prototype.

What Offer Did They Walk Away With After Their Shark Tank Episode?

Maria Sharapova was a guest shark on the Bala Bangles Shark Tank Episode. Being a fitness freak and retired professional tennis player, the idea immediately caught her attention.

In the end, Maria Sharapova and Mark Cuban offered the couple a combined investment of $900 000 and 30% of the company.

Where Is The Bala Bangles Company Today?

In 2020, Bala hit $3 million in sales, thanks to picking up from stores and sites like Free People, Goop, and Bandier. By the end of 2020, Bala grew by 10x, wrapping the year with $20 million in revenue.

Besides being involved in the management of their company, Natalie is a daily practitioner and yoga instructor, while Maximilian still works a full-time job.

This innovative concept, Bala Bangles, immediately got backed by the likes of a celebrity endorser like Maria Sharapova, which gave the brand a big crowd of supporters. This lead to a lot of sales and a successful growing brand.

Bala has come a long way since the beginning. Their current product assortment includes a gamut of accessories in different color pairings. The brand continues to cross milestones and is now found in over 1,000 global retail locations worldwide!

If you are still not sure what Bala Bangles are, check out their product video on Youtube! After this, you will want to take out the money.