Product Update
Is Coolbox Still in Business? (2026 Update)
Is Coolbox from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Coolbox today.
If you remember the slick smart toolbox that lit up the Shark Tank stage in Season 7 and you are wondering whether you can still get one in 2026, here is the honest answer up front: no. Coolbox is no longer in business, and it has not been for years.
The Short Answer
Coolbox is defunct. The high-tech toolbox built by Chris Stoikos and his team shut down operations around 2018, and the original company website has been dark since 2019. There is no active brand, no manufacturer producing it, and no official store to order from today.
Independent Shark Tank tracking sources all list Coolbox as out of business, so if you see a listing claiming it is brand new and shipping, treat that with real caution. The product you would be chasing is the smart toolbox, not the unrelated Coolbox cooler that shares a similar name.
The Pitch and the Deal
Coolbox went into the Tank in Season 7, Episode 23, pitching a reimagined toolbox loaded with integrated technology. Think built-in power, a clock, a Bluetooth speaker, a dry-erase surface, and other features stuffed into one rugged box. The founders walked in asking for $500,000 in exchange for 10% of the company.
After a bumpy negotiation, Lori Greiner stepped up. She offered $500,000, but on different terms: structured as a loan at 5% interest, and for 15% equity rather than the 10% the team had hoped to give away. In other words, she ended up with more of the company than the founders originally wanted to part with, which is a common reality when a pitch wobbles and a shark senses leverage.
Where It Is Now and Where to Buy
Here is where the story turns. The deal with Lori never actually closed after the cameras stopped rolling. The team then struggled to lock in a licensing agreement with a major manufacturer, and the project got tangled in funding problems and serious legal disputes among the people involved.
By 2018 the company had effectively wound down. Co-founder Shaun Kjellman sued over the way the business was run, and reporting indicates the remaining interest in Coolbox LLC was eventually transferred away, leaving the original venture dissolved. The smart toolbox never reached the wide retail rollout fans were promised.
So where can you buy one in 2026? Practically speaking, you cannot buy a new one. There is no official storefront, and on big marketplaces like Amazon the original Coolbox shows up as unavailable rather than in stock. If you are simply after a feature-packed toolbox for your garage or job site, your best move is to look at current smart and modular toolbox options from established tool brands, since those are the products actually being made and supported today.
The Bottom Line
Coolbox is a classic example of a great-looking Shark Tank product that could not survive the gap between a TV handshake and real-world manufacturing. The Season 7 deal with Lori Greiner, $500,000 for 15%, made for good television, but it fell apart afterward and the company closed down by 2018.
If you came here hoping to grab the original smart toolbox, save yourself the search: it is gone. Your time is better spent picking a modern, well-supported toolbox from a brand that is still standing, so you actually get warranty coverage and replacement parts when you need them.
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Where to buy Coolbox
Still selling as of March 18, 2026. Check today's price and availability.
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See the full Coolbox deal breakdown and term sheet →
