Hang Ease Shark Tank Update

HangEase - Storage and Cleaning Products

Fell ThroughNow:Out of BusinessHome & LifestyleSeason 5, Episode 27Plano, TXby Ryan LandisWebsite

What Happened to Hang Ease After Shark Tank

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

Deal Fell Through

Deal was contingent on the patent being legitimate; it fell apart during due diligence because the patent verification did not meet Cuban and Greiner's requirements.

Ergonomic clothes hanger product
Did not secure a deal on the show

Last updated Sep 7, 2026.

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The Hang Ease Shark Tank Pitch

Ryan Landis of Plano, TX pitched Hang Ease on Shark Tank Season 5, Episode 27, which aired Friday, May 2, 2014, asking for $80,000 for 30% of the company — a $266,667 valuation.

Mark Cuban and Lori Greiner teamed up and agreed to invest $80,000 for 30% equity, valuing the company at $266,667. The deal fell through after the show. Deal was contingent on the patent being legitimate; it fell apart during due diligence because the patent verification did not meet Cuban and Greiner's requirements.

Watch the Pitch

Pitch Details

Aired: S5E27May 2, 2014
Ask: $80,000for 30%
Ask Valuation: $266,667

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $80,000
Equity: 30%
Valuation: $266,667