FOAM Coolers Shark Tank Update

Lightweight foam cooler

DealNow:OperatingOutdoor & AdventureSeason 16, Episode 6Bentonville, ARby Chad Lee, David KittleWebsite

What Happened to FOAM Coolers After Shark Tank

Is FOAM Coolers still in business? Yes — still in business.

$500,000

estimated annual revenue

  • Deal closed: $150K for 30% equity with Daymond John
  • Year-to-date sales $251K including $114K actual and $137K committed
  • Placed in approximately 99 Target stores

Last verified Apr 5, 2026. Web-confirmed sources.

Get updates on FOAM Coolers

The FOAM Coolers Shark Tank Pitch

Chad Lee and David Kittle of Bentonville, AR pitched FOAM Coolers on Shark Tank Season 16, Episode 6, which aired Friday, November 22, 2024, asking for $150,000 for 10% of the company — a $1.5M valuation.

Daymond John agreed to invest $150,000 for 30% equity, valuing the company at $500,000. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S16E6Nov 22, 2024
Ask
$150,000for 10%
Ask Valuation
$1.5M

Deal Terms

Amount
$150,000
Equity
30%
Valuation
$500,000
Daymond JohnDaymond John