Product Update
Is Coffee Joulies Still in Business? (2026 Update)
Is Coffee Joulies from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Coffee Joulies today.
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Dave Petrillo pitched Coffee Joulies, small steel bean shaped pellets you drop in a hot cup of coffee to absorb excess heat and then slowly release it, keeping the drink at an ideal temperature for longer. The product started as a Kickstarter darling out of Pennington, New Jersey before it ever reached the Tank, and its Shark Tank deal remains one of the more unusual structures in the show's history.
The Short Answer
No, Coffee Joulies does not appear to still be an active business. The company's website, coffeejoulies.com, no longer resolves as of this research, and multiple Shark Tank tracking sources describe the company as no longer operating, with its Facebook presence largely abandoned since around 2014 to 2015.
Founder Dave Petrillo reportedly still associates himself publicly with the Coffee Joulies name as recently as 2025 according to press coverage, even though the company's growth has clearly slowed and there is no functioning storefront for customers to buy from anymore.
The Shark Tank Pitch
Coffee Joulies pitched in Season 4, Episode 13, which aired in April of 2013, out of Pennington, New Jersey, in the food and drink category. Petrillo asked for 150,000 dollars in exchange for just 5 percent equity, a small stake reflecting how much traction the product already had.
That traction came from Kickstarter. Coffee Joulies had already run a high profile crowdfunding campaign before the show, which meant the sharks were evaluating a product with a real, proven customer base rather than an unproven concept.
The Deal That Got Done
This is where Coffee Joulies stands out from almost every other deal on this list. Four sharks together, Lori Greiner, Robert Herjavec, Daymond John, and Kevin O'Leary, funded the full 150,000 dollars Petrillo asked for, but the equity split landed at zero percent ownership according to the company's fact sheet, an unusual structure that points to a royalty or loan style arrangement rather than a traditional equity trade.
A four shark deal with no equity given up is rare on this show. It suggests the sharks structured the investment as a per unit royalty or repayment arrangement instead of taking a straight ownership stake, a format the show has used occasionally for products with strong existing sales but founders unwilling to give up meaningful equity.
Coffee Joulies net worth in 2026
There is no net worth to report. Shark Tank tracking sites describe the company as no longer in business, its website is dead, and its social media accounts have sat inactive for roughly a decade. Any specific dollar figure for Coffee Joulies today would be fabricated, since there is no operating business left to value.
The most honest framing is that Coffee Joulies had its moment, a strong Kickstarter launch followed by a rare four shark deal, and then faded quietly rather than shutting down with any single dramatic event that was ever publicly reported.
What Happened After the Show
Coffee Joulies never had the retail explosion its Kickstarter momentum and four shark deal might have suggested. Coverage describes growth clearly slowing in the years following the deal, and the last visible public activity from the brand's own channels dates back to around 2014 to 2015, just one to two years after the episode aired.
Petrillo's continued personal association with the product name as late as 2025, even without an operating storefront behind it, suggests this was less a hard shutdown and more a slow wind down, the kind where a founder moves on to other things without ever formally announcing the end.
Where Things Stand Now
Coffee Joulies is not sold anywhere as of this research. The website is dead, social media has been quiet for roughly a decade, and no current retailer or Amazon listing could be confirmed. If you remember these from a Kickstarter campaign or a Shark Tank rerun, that memory is likely all that is left of the product today.
The unusual zero equity, four shark deal structure remains the most interesting part of this story more than a decade later, a reminder that not every Shark Tank handshake is a straightforward trade of cash for ownership, and that even an unusually favorable deal structure for the founder does not guarantee a business survives long term.
Where to buy Coffee Joulies
Still selling as of February 6, 2026. Check today's price and availability.
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See the full Coffee Joulies deal breakdown and term sheet →
