iReTron Shark Tank Update

Consumer Services

Fell ThroughNow:Out of BusinessTechnologySeason 5, Episode 20Los Gatos, CAWebsite

What Happened to iReTron After Shark Tank

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

Deal Fell Through

Deal may have initially closed but the company ultimately shut down in 2019. No clear public explanation for whether or why the deal fell apart.

  • Appeared on Season 5, no deal made
  • Electronics buyback/trade-in platform
  • Faced intense competition from Gazelle, ecoATM and similar services
  • Business struggled to differentiate in crowded market
  • Company eventually ceased operations

Last updated Sep 7, 2026.

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The iReTron Shark Tank Pitch

iReTron, from Los Gatos, CA, pitched on Shark Tank Season 5, Episode 20, which aired Friday, March 14, 2014, asking for $100,000 for 20% of the company — a $500,000 valuation.

Barbara Corcoran and Mark Cuban teamed up and agreed to invest $100,000 for 20% equity, valuing the company at $500,000. The deal fell through after the show. Deal may have initially closed but the company ultimately shut down in 2019. No clear public explanation for whether or why the deal fell apart.

Pitch Details

Aired
S5E20Mar 14, 2014
Ask
$100,000for 20%
Ask Valuation
$500,000

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$100,000
Equity
20%
Valuation
$500,000
Barbara CorcoranBarbara CorcoranMark CubanMark Cuban