✓ Got a deal Status unconfirmed Season 8, Ep. 3 💻 Technology & Software

TekDry on Shark Tank

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TekDry uses a vacuum-based machine to dry out water-damaged phones and other electronic devices. The service aims to recover devices without opening them, offering an alternative to rice remedies or costly repairs and replacements.

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⏱ TekDry in 30 seconds

  1. The ask$500K for 5%Valued at $10M
  2. In the tankDeal: $500K for 5%With Kevin · loan
  3. After the showNot confirmedNo public record either way
  4. TodayStatus unconfirmed

TekDry Shark Tank deal

Asked for
$500,000 for 5%
Asking valuation
$10M
Result
Deal
Final deal
$500,000 for 5%
Deal valuation
$10M
Structure
Loan / credit line
Founders
Adam Cookson and Craig Beinecke
From
CO
Aired
Oct 7, 2016
Asked
$10M
Got
$10M

Would you have invested in TekDry?

The pitch

Adam Cookson and Craig Beinecke from CO pitched TekDry in Shark Tank Season 8, Episode 3 (aired Oct 7, 2016). They asked for $500,000 in exchange for 5% equity, valuing the business at $10M. The entrepreneurs walked away with a deal from Kevin O'Leary: $500,000 for 5%. Part of the investment was structured as a loan or line of credit.

What happened to TekDry after Shark Tank?

Status unconfirmed

We couldn't confirm whether TekDry is still operating. Its website did not respond at our last check. Readers can share updates in the reviews.

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Frequently asked questions

Did TekDry get a deal on Shark Tank?

Yes. TekDry got a deal with Kevin O'Leary for $500,000 and 5% equity.

Which Shark invested in TekDry?

Kevin O'Leary invested in TekDry on Season 8 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is TekDry still in business?

We couldn't confirm whether TekDry is still operating. Its website did not respond at our last check. Readers can share updates in the reviews.

What season and episode was TekDry on Shark Tank?

TekDry appeared in Season 8, Episode 3, which first aired on October 7, 2016.

Where can I buy TekDry?

Search for TekDry on Amazon or major retailers; availability varies.

What was TekDry's valuation on Shark Tank?

The founders valued TekDry at $10,000,000 when they entered the Tank, and the final deal valued it at $10,000,000.

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