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Bala Bangles Shark Tank Update: What Happened After Shark Tank?

Summary

SEASON 11 EPISODE 13

PITCH

stylish weighted wrist and ankle weights

ENTREPRENEUR

Natalie Holloway and Max Kislevitz

ASKED FOR

$400,000 for 10%

GOT

$900,000 for 30%

SHARK

Mark Cuban and Maria Sharapova

STATUS

IN BUSINESS

Company Background

What is Bala Bangles?

Bala is a wearable weights company based in Los Angeles. Its first collection was Bala Bangles, which are wearable weights meant to add resistance to your workout. You can wear them on your ankles or wrists during an exercise or a recreational activity. They come in different colors and sizes, meaning everyone can get their fit.

Who Founded Bala Bangles?

The founders of Bala Bangles are business and life partners Maximilian Kislevitz and Natalie Holloway. Before starting the company, they worked at the 72and Sunny, a marketing agency in Los Angeles. Besides being involved in the running of their company, Natalie is a daily practitioner and yoga instructor, while Maximilian still works a full-time job.

Founder’s Story

During their vacations, they would travel and go to Yoga retreats, and this is where the idea for Bala Bangles was born. During one of their yoga classes in Indonesia, the couple got the idea of adding weighted bands to their routine for a more impactful workout. Using the 1980s wrist and ankle weights, they realized they could redesign them to be modern.

As they began on this journey, it was difficult since they had no idea what to do. Fortunately, their experience at the marketing agency came in handy as they made product designs and prototypes. They used crowdfunding to test the market, which was great. From here, they pitched their ideas to Shark Tank with the hopes of attracting an investor.

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