Product Update
Is Fire Avert Still in Business? (2026 Update)
Is Fire Avert from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Fire Avert today.
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FireAvert is one of the clearer examples of a Shark Tank company that thrived after its on-air deal quietly fell apart. Peter Thorpe's stove-shutoff safety device never actually closed its financing with Lori Greiner, and the company built a real business anyway, one that now has a spot in every Marriott Vacations Worldwide rental unit.
The Short Answer
FireAvert is still in business and has grown well past a single product. Neither a direct-to-consumer website presence nor Amazon sales are flagged in the fact record here, though the company's growth appears to run heavily through hospitality partnerships and QVC rather than typical e-commerce.
The Shark Tank Pitch
Peter Thorpe pitched FireAvert, a device that automatically cuts power to a stove when a smoke alarm sounds, in Season 7, Episode 12, asking for 300,000 dollars for 7 percent equity.
The Deal That Got Done
Lori Greiner offered a more complex structure than a straight equity check: a 300,000 dollar loan carrying a 10 percent royalty until she recouped 400,000 dollars, after which her stake converted to 10 percent equity. Royalty-plus-equity deals like this are Lori's signature move on the show, letting her recover her capital quickly before locking in a long-term ownership stake.
The deal never actually closed, according to reporting on the company's post-show history. What it did do was generate enormous exposure, pushing FireAvert's e-commerce sales from roughly 1,000 dollars to 50,000 dollars almost immediately after the episode aired, even without Lori's capital ever landing in the company's account.
Fire Avert net worth in 2026
Tracking sites estimate FireAvert's current net worth at around 7 million dollars, built off steady 10 percent growth from a reported 4 million dollars in annual revenue by mid-2019. That 2019 figure itself followed roughly 2 million dollars in revenue by 2018, so the growth curve at least has a multi-year paper trail behind it rather than a single unverified claim.
There is no independently audited valuation to point to, so the 7 million dollar figure should be read as the best publicly available estimate rather than a confirmed number. Still, a company generating multiple millions in annual revenue for several consecutive years without an outside shark's capital is a meaningfully different story than most companies whose on-air deals fell through.
From a Failed Deal to Hospitality Partnerships
The company expanded its original stove-safety device into a broader home safety lineup covering gas stoves, microwaves, space heaters, toasters, and air fryers, along with water leak sensors, fire sprinkler quick-stop tools, tamper sensors, smart fire alarms, and gas detectors, turning a single-purpose gadget into a full home hazard-prevention product line. That expansion from a single device into a full category suggests a company reinvesting its own revenue into research and development rather than coasting on the original stove-shutoff product alone.
The most notable commercial win is a partnership with Marriott Vacations Worldwide, which now installs FireAvert units in every rental property unit across its portfolio, a scale of institutional deployment most Shark Tank alumni never reach. A hospitality chain the size of Marriott Vacations Worldwide does not add a safety device across its entire rental footprint without a genuine liability and insurance case behind the decision, which points to FireAvert having built real credibility in the fire safety and property management world, not just consumer name recognition from a television appearance.
Thorpe also made his first appearance on QVC in September 2023, promoting the company's automatic stove shutoff devices for both gas and electric appliances to the home shopping channel's audience, a full eight years after the original Shark Tank pitch aired. Landing a QVC slot that long after a Shark Tank appearance, without the shark's capital or public backing to lean on, is itself a notable achievement for a home safety device most people had never heard of before the show.
Where Things Stand Now
FireAvert pitched in Season 7 and agreed to a royalty-plus-equity structure with Lori Greiner, a deal that appears never to have actually closed, yet the company still grew from roughly 1,000 dollars to 50,000 dollars in sales almost overnight off the exposure alone.
Today the company sits at an estimated 7 million dollar net worth, with a Marriott Vacations Worldwide hospitality deal and a QVC presence behind it. If you found this page wondering whether the stove-safety device from Season 7 survived a deal that fell apart, it did, and it built a real business without the shark's money.
Where to buy Fire Avert
Still selling as of February 25, 2026. Check today's price and availability.
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See the full Fire Avert deal breakdown and term sheet →
