Outer Shark Tank Update

eco-friendly outdoor furniture

Fell ThroughNow:OperatingHome & LifestyleSeason 11, Episode 8by Terry Lin and Jiake Liu

What Happened to Outer After Shark Tank

Is Outer still in business? Yes — still in business.

$26M

reported annual revenue

Deal Fell Through

No specific reason publicly documented. The company raised $65M+ in VC (including Sequoia) and likely no longer needed the on-air deal terms.

Deal with Lori Greiner closed: $750K loan for 5% equity plus $30/unit royalty until $1M repaid
$800K in sales in first 4 months before Shark Tank
Had raised $15M in funding prior to appearing on show

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

Get updates on Outer

The Outer Shark Tank Pitch

Terry Lin and Jiake Liu pitched Outer on Shark Tank Season 11, Episode 8, which aired Sunday, November 17, 2019, asking for $750,000 for 4% of the company — a $18.8M valuation.

Lori Greiner agreed to invest $750,000 for 5% equity, valuing the company at $15M, plus a royalty per unit, structured with a $750,000 loan. The deal fell through after the show. No specific reason publicly documented. The company raised $65M+ in VC (including Sequoia) and likely no longer needed the on-air deal terms.

Watch the Pitch

Pitch Details

Aired: S11E8Nov 17, 2019
Ask: $750,000for 4%
Ask Valuation: $18.8M

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $750,000
Equity: 5%
Valuation: $15M
Royalty: yes per_unit
Loan: $750,000