Built Spanx into a billion-dollar shapewear brand with no outside investors, then began angel investing selectively, mostly in women-led consumer and media startups.
- When
- $350,000 for 25% on Shark Tank season 10, at a $1.4M valuation — exactly the terms Lundeen asked for, offered before the other sharks could bid. Shark Tank Blog reports the deal closed.
- Why
- A woman-founded apparel business solving a wearability problem, which is her own operating expertise.
- Status
- Reported at roughly $6M in annual revenue as of late 2023. Later reports that the brand wound down are not confirmed by a named outlet.
Stats for Sharks ↗Shark Tank Blog, 2023 ↗Full Sara Blakely profile →