Coolbox Shark Tank Update

toolbox with innovative features and integrated technology

Fell ThroughNow:Out of BusinessHome & LifestyleSeason 7, Episode 23by Chris Stoikos and Jason NeubauerWebsite

What Happened to Coolbox After Shark Tank

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

Deal Fell Through

Greiner's deal was conditional on Lowe's agreeing to stock the product; Lowe's did not commit, so the deal fell through.

On-air deal with Lori Greiner fell through post-show
Company shut down in 2018

Last updated Sep 7, 2026. Web-confirmed sources.

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The Coolbox Shark Tank Pitch

Chris Stoikos and Jason Neubauer pitched Coolbox on Shark Tank Season 7, Episode 23, which aired Friday, April 8, 2016, asking for $500,000 for 10% of the company — a $5M valuation.

Lori Greiner agreed to invest $500,000 for 15% equity, valuing the company at $3.3M, structured with a $500,000 loan. The deal fell through after the show. Greiner's deal was conditional on Lowe's agreeing to stock the product; Lowe's did not commit, so the deal fell through.

Watch the Pitch

Pitch Details

Aired: S7E23Apr 8, 2016
Ask: $500,000for 10%
Ask Valuation: $5M

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $500,000
Equity: 15%
Valuation: $3.3M
Loan: $500,000