Coin Out Shark Tank Update

Coinout - digital cash wallet

Fell ThroughNow:Out of BusinessTechnologySeason 9, Episode 23New York, NYWebsite

What Happened to Coin Out After Shark Tank

Is Coin Out still in business? No — the company has shut down.

$12M

reported annual revenue

Deal Fell Through

Deal with Robert Herjavec never went through after filming

  • Acquired by IRI Worldwide in March 2021.

Last verified Apr 1, 2026. Web-confirmed sources.

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The Coin Out Shark Tank Pitch

Coin Out, from New York, NY, pitched on Shark Tank Season 9, Episode 23, which aired Sunday, February 18, 2018, asking for $250,000 for 7.5% of the company — a $3.3M valuation.

Robert Herjavec agreed to invest $250,000 for 15% equity, valuing the company at $1.7M. The deal fell through after the show. Deal with Robert Herjavec never went through after filming.

Watch the Pitch

Pitch Details

Aired
S9E23Feb 18, 2018
Ask
$250,000for 7.5%
Ask Valuation
$3.3M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$250,000
Equity
15%
Valuation
$1.7M
Robert HerjavecRobert Herjavec