Baobab Shark Tank Update – Shark Tank Season 11
Baobab Clothing appeared on Shark Tank Season 11 seeking investment but missed out on a deal. Still, it engineered a home run, hitting $1 million in annual sales.
Brandon Davenport and Marcellus Alexander III hope to find a fit for Baobab, their “perfect polo shirt,” in Shark Tank Season 11 Episode 3. The Baobab tree is the inspiration for the company name. It’s a tree that grows in both Africa and Australia.
According to legend, the tree can live for thousands of years and provide nourishment to those who collect its fruit and water. Just like the tree, the shirts promise to last a long time.
Check out other Shark Tank Season 11 Episodes.
About Baobab
| Category | Details |
|---|---|
| Business Name | Baobab |
| Founders | Brandon Davenport, Marcellus Alexander III |
| Industry | Apparel / Clothing |
| Product | High-quality polo shirts with advanced features |
| Deal Status | No Deal |
| Investment Asked | $150,000 for 10% equity |
| Valuation | $1.5 million (based on the investment asked) |
Brandon and Marcellus decided to start the business while working in New York City. The two tech entrepreneurs successfully started and sold a venture and were looking for a new opportunity. They both liked wearing polo shirts because they went well with any clothing: from a sport jacket to sweat pants.
What they didn’t like was the poor quality of the polo shirts they were buying. Colors faded, collars warped and they just didn’t last.
The two men set out to make the perfect polo, and Baobab was born. They “engineered” their shirts for over a year. Using nanotechnology, they came up with a fabric that is stain resistant, color-fast, antimicrobial (you can wear it 10+ times without washing it), and pre-shrunk.
The secret sauce is their patented stay-flat collar. As an added kicker, there’s a microfiber cloth sewn into the inside bottom right of the shirt for cleaning glasses and smart device screens.
The guys got their business off the ground in 2017 with concurrent successful Kickstarter and IndieGoGo campaigns that raised $57,645. They delivered the product about nine months after the campaigns closed.
The shirts come in black, blue, white, and grey and cost $88 for a short sleeve and $98 for a long sleeve. They proved the concept and want a Shark’s help to take it to the next level. Will a Shark think these shirts are a good fit?
Video
Baobab Shark Tank Pitch
Brandon and Marcellus enter seeking $150,000 for 10% of the business. They tell their story and hand out samples. The Sharks like the samples, but not the numbers. To date, they only have $83,000 in sales.
Did Baobab Get a Deal on Shark Tank?
No, it did not. The low sales and the fact that the shirt material isn’t proprietary cause all the Sharks to go out.
Baobab Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show.
In the 12 hours following their initial airing, the guys sold a year’s worth of products and ran out of stock. The company is still in business, selling on its website as of July 2020.
They started making facemasks during the pandemic, too. In April 2021, they raised $103,459 on the crowdfunding site Republic. As of July 2024, they are doing between $900,000 and $1 million in annual revenue.
The estimated net worth of Baobab is between $2 million and $3 million as of 2025.
Posts about Baobab on Shark Tank Blog
Where Can You Buy It?
Baobab clothing products are available for purchase on their official website and on Amazon. Check out their social media pages for more details: Facebook and Twitter.
Quick Summary
- Brandon Davenport and Marcellus Alexander III pitch Baobab, a high-quality polo shirt brand, on Shark Tank Season 11 Episode 3.
- They seek $150,000 for 10% equity.
- As of July 2024, Baobab generates between $900,000 and $1 million in annual revenue.
Interested in knowing more about the products from this episode? Check out other businesses that participated alongside Baobab.
