Toygaroo Shark Tank Update

Toy rental subscription service billed as Netflix for Toys

DealNow:Out of BusinessChildren & EducationSeason 2, Episode 2Los Angeles, CAby Nikki Pope

What Happened to Toygaroo After Shark Tank

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

  • Deal with Mark Cuban and Kevin O'Leary for $200K/40% on Season 2
  • Toy rental subscription service billed as Netflix for Toys
  • Filed for Chapter 7 bankruptcy in April 2012
  • One of the most notable Shark Tank failures
  • Logistics and costs of managing toy inventory proved unsustainable

Last verified Apr 4, 2026.

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The Toygaroo Shark Tank Pitch

Nikki Pope of Los Angeles, CA pitched Toygaroo on Shark Tank Season 2, Episode 2, which aired Friday, March 25, 2011, asking for $100,000 for 10% of the company — a $1M valuation.

Mark Cuban and Kevin O'Leary teamed up and agreed to invest $200,000 for 40% equity, valuing the company at $500,000. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S2E2Mar 25, 2011
Ask
$100,000for 10%
Ask Valuation
$1M

Deal Terms

Amount
$200,000
Equity
40%
Valuation
$500,000