Coffee Joulies Shark Tank Update

Novelties

Fell ThroughNow:Out of BusinessFood & BeverageSeason 4, Episode 13Pennington, NJby Dave Jackson and Dave PetrilloWebsite

What Happened to Coffee Joulies After Shark Tank

Is Coffee Joulies still in business? No — the company has shut down.

Deal Fell Through

Founders chose not to finalize; treated Shark Tank as free advertising

  • Stainless steel beans to regulate coffee temperature
  • Originally raised over $300K on Kickstarter
  • Appeared Season 5, no deal with sharks
  • Company ceased operations

Last verified Apr 1, 2026.

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The Coffee Joulies Shark Tank Pitch

Dave Jackson and Dave Petrillo of Pennington, NJ pitched Coffee Joulies on Shark Tank Season 4, Episode 13, which aired Friday, January 11, 2013, asking for $150,000 for 5% of the company — a $3M valuation.

Lori Greiner, Robert Herjavec, Daymond John and Kevin O'Leary teamed up and agreed to invest $150,000, plus a royalty per unit. The deal fell through after the show. Founders chose not to finalize; treated Shark Tank as free advertising.

Watch the Pitch

Pitch Details

Aired
S4E13Jan 11, 2013
Ask
$150,000for 5%
Ask Valuation
$3M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$150,000
Equity
0%
Royalty
yes per_unit