Permaplug Shark Tank Update
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What Happened to Permaplug After Shark Tank
Is Permaplug still in business? Yes — still in business and thriving.
$700,000
reported annual revenue
- Deal closed: $350K for 20% equity plus $1/unit royalty with Lori Greiner
- Year-to-date sales $456K; lifetime sales $665K
Last verified Apr 5, 2026. Web-confirmed sources.
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The Permaplug Shark Tank Pitch
Zak Jones of Dallas, TX pitched Permaplug on Shark Tank Season 16, Episode 18, which aired Friday, May 2, 2025, asking for $350,000 for 15% of the company — a $2.3M valuation.
Lori Greiner agreed to invest $350,000 for 20% equity, valuing the company at $1.8M, plus a royalty per unit. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S16E18May 2, 2025
- Ask
- $350,000for 15%
- Ask Valuation
- $2.3M
Deal Terms
- Amount
- $350,000
- Equity
- 20%
- Valuation
- $1.8M
- Royalty
- yes per_unit
Lori Greiner