Shark Tank Season 13 Episode 18 featured the compression sock brand Apolla Performance. This company produces socks that are comfortable for a variety of sports, activities, and classifications.
Apolla offers user-friendly premium socks that are designed with the wearer’s comfort in mind. The owner of this business has asked for $300,000 in exchange for 15% of its stock in Shark Tank.
Apolla Performance: What Is It?
Apolla Performance Wear Official, a retail clothing and fashion business that only produces socks was established in Fort Worth, Texas, in 2015. The comfort of everyone, including the dancer, has been taken into consideration when making these socks.
This product has a patent, is environmentally friendly, and is entirely Made in the USA. It also bears the prestigious American Podiatric Medical Association Seal of Acceptance.
According to the firm, its product is a high-quality, environmentally friendly sock that works to make the shoe more comfortable.
You can obtain graduated compression, ankle stability, arch support, energy absorption, and other benefits by using it. Along with producing socks for various demographics, they also market masks and backpacks.
Who Is the Apolla Founder?
The CEO and Founder of Apolla Performance are Kaycee Jones. She likes dancing and takes lessons because she spent her childhood in a Kaycee dance facility.
She received her B.S. in physical education, sports science, and dance from Idaho State University. She is a member of Idaho State University’s nationally ranked competitive collegiate Bengal dancer team. The co-founder and CEO of this firm, Brianne Zborowski is also a lifelong dancer, a wife, a mother, and an entrepreneur.
She has a bachelor’s degree from Oakland University in business, management, marketing, and related support services. She pursued her love and worked for numerous dance companies. She has been running her startup right now for seven years.
What Is the Net Worth of The Apolla Performance?
The user is provided with cosy socks by Apollo Performance. It began in 2015, and up until this point, its sales generation has been strong.
Its net value may be close to $1.2 million at this point due to moderate annual development. If it keeps expanding in this manner, its valuation and net worth may rise in the future.
Who Will Be the One to Steal the Deal?
Given that everything comes down to numbers and who the brand resonates with the most, it is difficult to anticipate who will win the deal with Apolla. But for the time being, Emma Grede will remain the center of attention.
On April 1, 2022, at 8 p.m. ET, the first episode of “Shark Tank” Season 13 Episode 18 will air on ABC. Catch up on the most recent episode, which features pieces from FORT, Apolla, No Limits, and No Limits.
Do you need to catch up? Have you wanted to catch up all along? Seasonal episodes are also accessible the next day on Hulu and on demand. Not only that, but you can also watch backlog seasons and episodes on Apple iTunes and Amazon Prime Video.
Apolla Performance: Does It Still Operate?
Apolla Performance makes bags, masks, and socks in addition to being well-known for its socks. The United States is where this item is produced.
The Apolla firm now employs 2 to 10 people, and its Fort Worth, Texas headquarters. At the moment, this product is only accessible online through the manufacturer’s own website; it is not yet listed on Amazon or any other marketplace.
Where Is Apolla Currently?
The founders of Apolla were pleasantly surprised when their product line received a large number of favorable evaluations after its launch.
By 2018, Apolla has become affiliated with a number of well-known institutions, including Sonya Tayeh’s dance symphony “You’ll Still Call Me By Name” and the dance competition series “So You Think You Can Dance.” After that, Kaycee and Brianne noticed a chance in the sportswear sector and took it, greatly expanding sales.
Apolla also acquired the American Podiatric Medical Association’s Seal of Acceptance, which honors goods that significantly advance foot care, as additional proof of their validity.
At the moment, REPREVE, a business renowned for using only recyclable fibers in its products, produces Apolla socks solely in the United States. Both Amazon and the official website of the business sell the socks.
The price per pair for a pair of Apolla compression socks varies between $36 and $38. In addition, the website lists the traction refresher spray at under $9 while selling a pair of rubber and cloth slides for $40. Additionally, a Dance Kit is an option that offers additional discounts.
Apolla rose to the top of the field fairly immediately, and the business seems poised for continued success in the future.
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