Toygaroo Shark Tank Update
Toy rental subscription service billed as Netflix for Toys
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