by Jeroslyn JoVonn
April 17, 2026
The Chicago connection got here full circle as Topped Pores and skin secured a $500,000 funding from Rashuan Williams on “Shark Tank.”
The burgeoning males’s grooming firm Topped Pores and skin got here up large on the most recent episode of Shark Tank, securing a $500,000 funding from Rashaun Williams.
The Chicago connection was actual as Topped Pores and skin founder Darrell Spencer, a Chicago native, appeared on the April 15 episode. Bonding with Williams over their Chicago roots, Spencer secured a $500,000 deal for a ten% stake, plus a $ 1-per-unit royalty till $1 million is repaid, AfroTech reviews.
“You probably did an excellent job. I’m so excited. Your progress, it speaks for itself. You bought me out right here smelling good,” Williams informed Spencer following the onscreen deal.
Topped Pores and skin was already gaining main traction earlier than its Shark Tank debut. Spencer scaled the model to eight figures in beneath two years, carving out a distinct segment in males’s grooming with its cologne-infused physique butters and oils.
The model has ranked among the many prime sellers on TikTok Store, landed in Amazon’s prime 10, and secured a nationwide retail deal by Walmart’s Open Name, with a wider rollout set for 2026. It has additionally partnered with the Nationwide Basketball Gamers Affiliation and expanded to Macy’s on-line, whereas incomes a spot in Amazon’s Rising Stars marketing campaign.
Spencer shortly grabbed the Sharks’ consideration together with his numbers, revealing he hit $2 million in a single month by direct-to-consumer gross sales and surpassed $10 million general, with projected income of $14–15 million and powerful traction on TikTok Store.
He initially sought $500,000 for five% fairness in Topped Pores and skin, shocking the panel. Kevin O’Leary and Barbara Corcoran countered with a joint supply of $500,000 for 20% plus a royalty construction. Nonetheless, Spencer finally struck a cope with a fellow Chicago native in a transfer that left him energized in regards to the model’s future and its influence on aspiring Black entrepreneurs.
“I really feel like I’m in a dream and I haven’t woken up but,” Spencer stated on the present. “I’m most enthusiastic about simply actually being a beacon of hope and being a light-weight for different Black males to see that issues that you simply in all probability by no means thought or envisioned that you are able to do, you may completely do it as a result of I’m a dwelling witness to it.”
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