Stringys Shark Tank Update

Invisible undergarments

DealNow:OperatingFitness & SportsSeason 16, Episode 20Los Angeles, CAby Olivia Karina, Elvira TrogerWebsite

What Happened to Stringys After Shark Tank

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

$1.8M

reported annual revenue

  • Deal closed: $300K for 3% equity plus $0.22/unit royalty with Barbara Corcoran
  • $180K in revenue in first 11 months

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

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The Stringys Shark Tank Pitch

Olivia Karina and Elvira Troger of Los Angeles, CA pitched Stringys on Shark Tank Season 16, Episode 20, which aired Friday, May 16, 2025, asking for $300,000 for 5% of the company — a $6M valuation.

Barbara Corcoran agreed to invest $300,000 for 3% equity, valuing the company at $10M, plus a royalty per unit. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S16E20May 16, 2025
Ask
$300,000for 5%
Ask Valuation
$6M

Deal Terms

Amount
$300,000
Equity
3%
Valuation
$10M
Royalty
yes per_unit
Barbara CorcoranBarbara Corcoran