Unshrinkit Shark Tank Update

product to help unshrink wool garments

Fell ThroughNow:Out of BusinessHome & LifestyleSeason 7, Episode 8

What Happened to Unshrinkit After Shark Tank

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

Deal Fell Through

Founders confirmed deal with Mark Cuban never closed

  • Product to unshrink shrunken wool clothing
  • Deal with Lori Greiner
  • Company eventually ceased operations

Last verified Apr 1, 2026.

Get updates on Unshrinkit

The Unshrinkit Shark Tank Pitch

Unshrinkit pitched on Shark Tank Season 7, Episode 8, which aired Friday, November 13, 2015, asking for $150,000 for 10% of the company — a $1.5M valuation.

Mark Cuban agreed to invest $150,000 for 15% equity, valuing the company at $1M. The deal fell through after the show. Founders confirmed deal with Mark Cuban never closed.

Watch the Pitch

Pitch Details

Aired
S7E8Nov 13, 2015
Ask
$150,000for 10%
Ask Valuation
$1.5M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$150,000
Equity
15%
Valuation
$1M