The Last Lid Shark Tank Update

Storage and Cleaning Products

Fell ThroughNow:Out of BusinessHome & LifestyleSeason 3, Episode 5West Greenwich, RIby Kevin and Melissa KiernanWebsite

What Happened to The Last Lid After Shark Tank

Is The Last Lid still in business? No — the company has shut down.

  • Deal with Daymond John for $40,000 for 60% equity on Season 3
  • Company sold in 2015 to a major retail company in the garbage can manufacturing vertical
  • Founders Melissa and Kevin Kiernan divorced in July 2022

Last verified Apr 10, 2026.

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The The Last Lid Shark Tank Pitch

Kevin and Melissa Kiernan of West Greenwich, RI pitched The Last Lid on Shark Tank Season 3, Episode 5, which aired Friday, February 17, 2012, asking for $40,000 for 20% of the company — a $200,000 valuation.

Daymond John agreed to invest $40,000 for 60% equity, valuing the company at $66,667. The deal fell through after the show.

Watch the Pitch

Pitch Details

Aired
S3E5Feb 17, 2012
Ask
$40,000for 20%
Ask Valuation
$200,000

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$40,000
Equity
60%
Valuation
$66,667
Daymond JohnDaymond John