Categories: Shark Tank

Cincha Secures Deal with Barbara Corcoran on Shark Tank

&NewLine;<p class&equals;"has-medium-font-size">On Friday&comma; April 7&comma; 2023&comma; Cincha&comma; a company that makes a hands-free travel belts&comma; appeared on Shark Tank&period; The company&&num;8217&semi;s founders&comma; James and Ashley&comma; pitched their business to the sharks and asked for an investment of &dollar;200&comma;000 in exchange for 15&percnt; equity&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">The sharks were impressed with Cincha&&num;8217&semi;s product and business model&period; They liked that the product was simple&comma; yet effective&comma; and that the company had a strong online presence&period; However&comma; they were hesitant to invest because they were concerned about the company&&num;8217&semi;s valuation&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">In the end&comma; Barbara Corcoran made an offer of &dollar;200&comma;000 in exchange for 25&percnt; equity&period; James and Ashley accepted the offer&comma; and Cincha is now a part of the Shark Tank family along with <a href&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;news&sol;where-is-parting-stone-now-after-getting-a-deal-on-shark-tank&sol;" title&equals;"Where is Parting Stone Now After Getting a Deal on &OpenCurlyQuote;Shark Tank’">Parting Stone<&sol;a>&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<hr class&equals;"wp-block-separator has-alpha-channel-opacity"&sol;>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"has-medium-font-size wp-block-heading">How They Got Started<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">James and his fiancee Ashley met in college and quickly became friends&period; They both loved to travel&comma; but they were always frustrated by the hassle of carrying around their personal belongings&period; They decided to create a product that would make travel easier and more convenient&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">After months of research and development&comma; they came up with the Cincha&period; The belt is designed to securely attach personal bags to luggage handles&comma; providing hands-free convenience during travel&period;<&sol;p>&NewLine;&NewLine;&NewLine;<div class&equals;"wp-block-image">&NewLine;<figure class&equals;"aligncenter size-large"><img src&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;wp-content&sol;uploads&sol;2023&sol;04&sol;165142&lowbar;1586-1024x683&period;jpg" alt&equals;"Cincha on Shark Tank" class&equals;"wp-image-67053"&sol;><&sol;figure><&sol;div>&NewLine;&NewLine;&NewLine;<hr class&equals;"wp-block-separator has-alpha-channel-opacity"&sol;>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"has-medium-font-size wp-block-heading">What&&num;8217&semi;s Next for Cincha Travel Belts<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">With the help of their new investor&comma; Barbara Corcoran&comma; Cincha Travel Belts is poised for growth&period; The company plans to use the investment to expand its marketing and distribution efforts&period; It also plans to develop new products and accessories&period; They are currently available <a href&equals;"https&colon;&sol;&sol;amzn&period;to&sol;3ZZclGx" target&equals;"&lowbar;blank" rel&equals;"noopener" title&equals;"">to buy on Amazon&comma; in a variety of colors&period;<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size">Cincha Travel Belts is a great example of a small business that has the potential to be successful&period; The company has a strong product&comma; a great team&comma; and a clear vision for the future&period; I&&num;8217&semi;m excited to see what Cincha accomplishes in the years to come&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<hr class&equals;"wp-block-separator has-alpha-channel-opacity"&sol;>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size"><strong>Related<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-medium-font-size"><a href&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;news&sol;where-is-parting-stone-now-after-getting-a-deal-on-shark-tank&sol;">Where is Parting Stone Now After Getting a Deal on &OpenCurlyQuote;Shark Tank’<&sol;a><&sol;p>&NewLine;<div class&equals;"saboxplugin-wrap" itemtype&equals;"http&colon;&sol;&sol;schema&period;org&sol;Person" itemscope itemprop&equals;"author"><div class&equals;"saboxplugin-tab"><div class&equals;"saboxplugin-gravatar"><img src&equals;"https&colon;&sol;&sol;wud&period;tpx&period;mybluehost&period;me&sol;website&lowbar;9bd75fcc&sol;wp-content&sol;uploads&sol;2019&sol;04&sol;avatar-icon-of-girl-in-a-wide-brim-felt-hat-vector-16225029&period;jpg" width&equals;"100" height&equals;"100" alt&equals;"Courtney" itemprop&equals;"image"><&sol;div><div class&equals;"saboxplugin-authorname"><a href&equals;"https&colon;&sol;&sol;feelingthevibe&period;com&sol;author&sol;courtney&sol;" class&equals;"vcard author" rel&equals;"author"><span class&equals;"fn">Courtney<&sol;span><&sol;a><&sol;div><div class&equals;"saboxplugin-desc"><div itemprop&equals;"description"><p>Courtney Rose is an Entertainment Writer at Feeling the Vibe Magazine based in New York&period; Pop culture and rom-com obsessed&period; Studied Journalism and is up to date on all the latest entertainment news&period; For tips or comments&comma; email me at Courtney&commat;feelingthevibe&period;com<&sol;p>&NewLine;<&sol;div><&sol;div><div class&equals;"clearfix"><&sol;div><&sol;div><&sol;div>

Tags: Shark Tank

Recent Posts

Get Her Look: Hailey Bieber at 2025 Met Gala

Hailey Bieber attended the 2025 Met Gala on May 5. She looked effortlessly glam in a chic ensemble, natural makeup…

6 months ago

Tell Me Lies Season 2 on Hulu – What to Expect, Cast & How to Watch

Hulu's breakout hit series Tell Me Lies is back for season 2 this fall. The show, based on the novel…

1 year ago

Are any of the Love Undercover couples still together?

Peacock’s latest series, Love Undercover, has been a popular addition to its lineup. The show followed five international soccer players…

1 year ago

Introducing Más+ by Messi: The Hydration Revolution Begins

Get ready to experience hydration the Messi way with Más+ by Messi, a perfect blend of quality ingredients and phenomenal…

1 year ago

Candace Cameron Bure is Thrilled to Star in New Movie Unsung Hero

Candace Cameron Bure is booked and busy. The 47-year-old is not only starring in an upcoming Great American Family mystery…

2 years ago

Get Her Look: Fashions of Antonela Roccuzzo

Antonela Roccuzzo is the wife of professional soccer player Leo Messi. She is a wife, mother, and has quickly become…

2 years ago