Kooler on Shark Tank
Be the first to reviewKooler is an insulated water cooler that holds multiple bottles or containers to keep drinks cold. It is aimed at sports teams, coaches, parents and outdoor events where many people need cold drinks at once.
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⏱ Kooler in 30 seconds
- The ask$50K for 15%Valued at $333.3K
- In the tankDeal: $50K for 33.3%With Daymond
- After the showNot confirmedNo public record either way
- TodayClosedThe company went out of business by June 2021 after production proble…
Kooler Shark Tank deal
- Asked for
- $50,000 for 15%
- Asking valuation
- $333.3K
- Result
- Deal
- Final deal
- $50,000 for 33.3%
- Deal valuation
- $150K
- Shark
- Daymond John
- Founders
- -
- From
- NV
- Aired
- Feb 3, 2017
Would you have invested in Kooler?
The pitch
The founders from NV pitched Kooler in Shark Tank Season 8, Episode 15 (aired Feb 3, 2017). They asked for $50,000 in exchange for 15% equity, valuing the business at $333.3K. The entrepreneurs walked away with a deal from Daymond John: $50,000 for 33.3%. That put the final valuation at $150K, 55% below what they originally asked for.
What happened to Kooler after Shark Tank?
Out of business
Kooler appears to be out of business (The company went out of business by June 2021 after production problems, and thekooler.com now redirects to the founder's personal site.).
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Frequently asked questions
Did Kooler get a deal on Shark Tank?
Yes. Kooler got a deal with Daymond John for $50,000 and 33.3% equity.
Which Shark invested in Kooler?
Daymond John invested in Kooler on Season 8 of Shark Tank. Note that some on-air deals change or fall through during due diligence.
Is Kooler still in business?
Kooler appears to be out of business (The company went out of business by June 2021 after production problems, and thekooler.com now redirects to the founder's personal site.).
What season and episode was Kooler on Shark Tank?
Kooler appeared in Season 8, Episode 15, which first aired on February 3, 2017.
Where can I buy Kooler?
Search for Kooler on Amazon or major retailers; availability varies.
What was Kooler's valuation on Shark Tank?
The founders valued Kooler at $333,333 when they entered the Tank, and the final deal valued it at $150,000.