Hood Hat -Wool Baseball Cap On Shark Tank Episode 15
Featured on Shark Tank
Hood Hat -Wool Baseball Cap
Hood Hat produces premium quality merino wool baseball caps that capture the essence of various neighborhoods. Made in the USA, these caps offer both style and cultural representation.
Table Summary:
| Company Name | Hood Hat |
| Founders | Max Nelson |
| Founded | 2019 |
| Product | Merino Wool Baseball Caps |
| Asked For | $500,000 for 5% equity |
| Final Deal | No investment |
| Episode | S15 E22 |
| Business Status | In Business |
| Headquarters | Brooklyn, New York, USA |
| Lifetime Worth (Sales) | Not disclosed |
| Investors | None |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Shark Tank Pitch
- Satisfaction Guaranteed
- No Hassle Refunds
- Secure Payments
Description
Hood Hat on Shark Tank
About Hood Hat:
- Hood Hat is a premium, customizable baseball cap brand founded by Max Nelson.
- The hats are handcrafted in New York City using high-quality materials like merino wool, gabardine, cashmere, and Japanese twill.
- Hood Hat offers a wide range of styles including snapbacks, fitted caps, and dad hats in over 30 colors and font options.
- Customers can choose from pre-designed hats or create their own custom designs using Hood’s online customizer.
Shark Tank Pitch:
- In Season 15, Episode 21, Max Nelson pitched Hood Hat to the Sharks, seeking $500,000 for a 10% equity stake.
- Nelson emphasized Hood Hat’s commitment to quality, American-made craftsmanship, and community involvement (donating 5% of sales to the Anti-Recidivism Coalition).
- The Sharks were impressed by the brand’s celebrity following and growth potential.
Shark Tank Deal:
- After negotiations, Kevin O’Leary offered $500,000 for a 15% equity stake plus a $1 per hat royalty.
- Max Nelson accepted the deal, securing a partnership with “Mr. Wonderful” to help scale the Hood Hat brand.
Post-Shark Tank:
- Following their Shark Tank appearance, Hood Hat experienced a significant boost in website traffic, sales, and social media following.
- The brand continues to offer its premium, customizable baseball caps directly to consumers and through select retail partnerships.
- Hood Hat has also expanded its product line to include other accessories like beanies and bucket hats.
