🍌 Hats for Bananas

Hey!

I hope everyone is having a great week!

Today, we are looking at the companies from Season 14, Episode 6:

• Collars & Co.

• Square Keg

• Nana Hats

• Wondry

The winner of last week’s poll was… Pretty Rugged! Be sure to scroll to the end and vote on this week’s poll!

Let’s get it!

👕 Collars & Co.

Justin Baer launched Collars & Co. in 2021 to offer polished polo shirts with dress-collar style—ideal for professionals seeking comfort and versatility. He asked for $300,000 for 4% equity and secured a deal with Mark Cuban and Peter Jones for $300,000 plus a $700,000 line of credit for 10%.

After the show, Collars & Co expanded its product line, partnered with athletes like Tiki Barber and Sir Nick Faldo, and hit over $8.5 million in sales just two months post-airing.

They’ve since surpassed $20 million in lifetime revenue and continue growing as a premium menswear brand.

🍻 Square Keg

Tim Loucks launched Square Keg in 2017 to offer compact, fridge-friendly stainless‑steel kegs for beer, wine, cocktails, and more. He asked for $300,000 for 10% equity and accepted a deal with Kevin O’Leary for the same amount in exchange for 20%

After the show, Square Keg expanded its lineup with Vino kegs, cartridges, faucets, and accessories, growing to about $3.5 million in lifetime sales.

However, by late 2024, its website went offline and social channels went dark—suggesting the company has likely ceased operations despite strong early momentum.

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🍌 Nana Hats

Sean Adler launched Nana Hats to slow banana ripening using reusable silicone caps topped with fun crocheted designs. He pitched asking for $150,000 for 10% equity and accepted a deal with Lori Greiner and Peter Jones for $150,000 in exchange for 20%.

After the show, Nana Hats saw a major spike in sales, with 2021 revenue at $483,000 and projections of $600,000 and $240,000 in profit for 2022.

The company continues to grow through direct-to-consumer and wholesale channels, with plans to expand into grocery stores nationwide.

🍷 Wondry

Chaz and Whitney Gates launched Wondry in 2021 to create bold, fruit-infused wines with higher alcohol content. They sought $185,000 for 8% equity and accepted a deal with Mark Cuban for $225,000 in exchange for 15%.

After the show, sales surged by 1,000% and Wondry reached $1.1 million in revenue within months.

Wondry later signed a 10-year distribution deal with Southern Glazer’s and expanded into nearly 400 retail locations, including Target and Costco. The company continues to grow as a standout brand in the premium fruit wine market.

That’s all for this week! What’s your favorite company from Season 14 Episode 6?

Vote below and I’ll share the winner next week.

I’ll be back next Wednesday!