Rags to Raches is a line of stylish baby rompers designed by momtrepreneur Rachel Nilsson. The purple-haired mom of three kids got the idea of launching her own company after selling the cute clothing she made for her kids to others. In February 2016, Nilsson pitched her already profitable business on Shark Tank. She went into the Tank seeking a $200,000 investment in exchange for 20 percent equity. Nilsson received three identical offers — exactly what she wanted — from Daymond John, Kevin O’Leary and Robert Herjavec. She went with Herjavec, investor in the super successful Shark Tank clothing company Tipsy Elves.
Hey hey!!! I’m Rachel ? CEO/founder of this madness. Wanted to quickly hop on and welcome all our new friends! We are so glad you are joining us. // I’ve been blown away by how many people are hanging with us from all over the world!!! I’m always curious to see where you all are from! So, in the comments, write what city and state you are living in. It’s so cool to see! I’ll go first: I live in Utah ? Your turn!!! // #tagyourrags
[Creating Your Own Success by Robert Herjavec]
Since Shark Tank, Rags to Raches continues to release adorable new designs and has rolled out a line of baby pouches which tie at the bottom for quick and easy diaper changes (see photo below). They sell for $38.50. [27 Favorite ‘Shark Tank’ Products at Amazon]