Product Update

Is BeverageBoy Still in Business? (2026 Update)

Is BeverageBoy from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy BeverageBoy today.

Shark Tank IndexUpdated January 18, 20266 min read

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BeverageBoy is a reminder that a handshake on television is not the same as a signed check in the bank. Kevin Waltermire's insulated can and bottle koozie sold out at a trade show before it even aired and got Daymond John to say yes on camera, but the money behind that yes never actually landed, and the company did not survive long enough to matter.

The Short Answer

No, BeverageBoy is not still in business. The company went under sometime in 2017, and there is no current storefront, website, or active social presence to point buyers toward. This is a straightforward closure, not an ambiguous one.

The reason it closed traces directly back to what happened right after filming, not to years of struggling on its own two feet.

The Shark Tank Pitch

Kevin Waltermire pitched BeverageBoy in Season 6, Episode 18, out of Charleston, South Carolina. He asked for 50,000 dollars in exchange for 15 percent of the company, presenting a novelty beverage insulator business.

The pitch had momentum going for it. Before the episode ever aired, Waltermire had sold out of product at a Promotional Products Show, exactly the kind of proof point that makes a shark comfortable saying yes on the spot.

The Deal That Was Accepted but Never Closed

Daymond John made the offer on television at the full 50,000 dollars asked for, but at 35 percent equity instead of the 15 percent on the table, and Waltermire accepted. That handshake is where most viewers assume the story ends happily.

It did not close. For reasons that were never made public, the investment was never finalized after filming wrapped. That gap between an on-air yes and an actual wire transfer is more common than most Shark Tank fans realize, and it is exactly what happened here.

Why It Folded So Fast

Without the capital that was supposed to follow the deal, BeverageBoy could not turn its trade show sellout into sustained retail momentum. Scaling a novelty product past its initial burst of demand almost always requires real working capital for inventory and marketing, and that is precisely what the company lost when the investment fell through.

Social media activity slowed and then stopped, with the last Facebook posts appearing in 2018, after the company itself had already effectively gone out of business the year before. That trailing digital footprint, quiet accounts still technically online after the business behind them has closed, is a common pattern for small companies that fold without a formal announcement.

It is worth pointing out how avoidable this kind of failure is, at least in theory. BeverageBoy was not undone by a bad product or a lack of demand, the trade show sellout proves there was real appetite for it. It was undone by a financing gap between an on-camera agreement and an actual bank transfer, a structural risk that sits underneath every Shark Tank deal and rarely gets discussed once the cameras stop rolling and the applause fades.

BeverageBoy net worth in 2026

There is no net worth figure for BeverageBoy, and there should not be one. The company went out of business in 2017 with no finalized investment behind it, and no revenue or valuation figures were ever publicly reported for its brief active period. Treat this as a company with no financial legacy to estimate.

Founder Kevin Waltermire's later career, however, is documented and worth noting separately from the defunct brand.

Where Things Stand Now

BeverageBoy pitched in Season 6 out of Charleston, got a verbal yes from Daymond John for 50,000 dollars at 35 percent, and then watched that deal quietly fail to close after filming. The company was out of business by 2017.

Kevin Waltermire moved on. He had already founded MusicBoxx in 2015, a platform for documenting life stories through music videos, and by 2021 he was serving as Director of Business Development at ONE Cannabis Group. In a 2022 interview he described both ventures as ideas he still believed in, saying everyone has their own timing. BeverageBoy itself, though, closed for good and never came back.

BeverageBoy

Where to buy BeverageBoy

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See the full BeverageBoy deal breakdown and term sheet →

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