Trunkster Shark Tank Update

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Fell ThroughNow:Out of BusinessHome & LifestyleSeason 7, Episode 10

What Happened to Trunkster After Shark Tank

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

Deal Fell Through

Cuban and Greiner uncovered problems with the product (GPS and scale features) and difficulties working with the founders during due diligence; the company was also failing to fulfill Kickstarter orders.

On-air deal with Mark Cuban and Lori Greiner for $1.4 million for 5% each did not close
Raised over $2.7 million on Kickstarter and Indiegogo pre-show
Company failed to fulfill orders and closed

Last updated Sep 7, 2026. Web-confirmed sources.

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The Trunkster Shark Tank Pitch

Trunkster pitched on Shark Tank Season 7, Episode 10, which aired Friday, December 4, 2015, asking for $1.4M for 5% of the company — a $28M valuation.

Mark Cuban and Lori Greiner teamed up and agreed to invest $1.4M for 5% equity, valuing the company at $28M, plus a royalty per unit. The deal fell through after the show. Cuban and Greiner uncovered problems with the product (GPS and scale features) and difficulties working with the founders during due diligence; the company was also failing to fulfill Kickstarter orders.

Watch the Pitch

Pitch Details

Aired: S7E10Dec 4, 2015
Ask: $1.4Mfor 5%
Ask Valuation: $28M

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $1.4M
Equity: 5%
Valuation: $28M
Royalty: yes per_unit