Toymail Shark Tank Update
plush toy that allows children to send voice messages
What Happened to Toymail After Shark Tank
Is Toymail still in business? No — the company has shut down.
- The deal with Chris and Lori never closed.
- Filed for bankruptcy in November, 2018 and is out of business.
Last verified Apr 1, 2026. Web-confirmed sources.
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The Toymail Shark Tank Pitch
Toymail, from New York, NY, pitched on Shark Tank Season 8, Episode 17, which aired Friday, February 17, 2017, asking for $250,000 for 2.5% of the company — a $10M valuation.
Lori Greiner and Chris Sacca teamed up and agreed to invest $600,000 for 5% equity, valuing the company at $12M. The deal fell through after the show. Deal never closed during due diligence.
Watch the Pitch
Pitch Details
- Aired
- S8E17Feb 17, 2017
- Ask
- $250,000for 2.5%
- Ask Valuation
- $10M
Deal Terms
Terms agreed on air. The deal did not close.
- Amount
- $600,000
- Equity
- 5%
- Valuation
- $12M
Lori Greiner
Chris Sacca