Product Update
Is Fire Fighter Turn Out Bags Still in Business? (2026 Update)
Is Fire Fighter Turn Out Bags from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Fire Fighter Turn Out Bags today.
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Niki and Matt Rasor built bags out of decommissioned firefighter turnout gear, a genuinely unusual raw material that made for one of the more memorable pitches of Season 8. The on-air handshake with Lori Greiner looked like a win in the moment, but it never became a real partnership.
The Short Answer
No, Fire Fighter Turn Out Bags is not an active retail business today. Tracker sites list it plainly as no longer in business, and the brand does not appear on Lori Greiner's official list of Shark Tank companies she has invested in, a strong signal that the on-air agreement never closed.
There is no current storefront selling the original product line at scale. What Niki Rasor has continued to do on her own is a smaller, more personal story, covered below.
The Shark Tank Pitch
Niki and Matt Rasor pitched Fire Fighter Turn Out Bags in Season 8, Episode 16, which aired February 9, 2017. Their product turned retired firefighter turnout gear, the heavy protective fabric firefighters wear on the job, into bags and accessories, giving decommissioned safety equipment a second life instead of letting it get discarded or incinerated once it ages out of active duty.
The Rasors asked for 250,000 dollars for 33 percent equity, implying a valuation of roughly 757,576 dollars for the young company, and framed the pitch around both the environmental angle of repurposing retired gear and the emotional resonance of a product tied directly to firefighter service.
The Deal That Got Done
Lori Greiner offered 250,000 dollars for 50 percent equity, a steep jump from the 33 percent the Rasors had proposed, implying a lower valuation of about 500,000 dollars. They accepted on air, which is where the story usually turns toward growth and retail expansion.
It didn't happen that way here. The deal never closed after the cameras stopped. Fire Fighter Turn Out Bags is absent from Greiner's official portfolio of companies she has actually invested in, which is the clearest available evidence that the handshake agreement fell apart during due diligence, a fate that befalls a meaningful share of on-air Shark Tank deals.
What Happened After the Episode Aired
Without the deal or the capital behind it, the company as pitched on the show did not scale into a lasting retail brand. But Niki Rasor didn't disappear from the craft. Reporting on the aftermath notes she moved back into her own warehouse and kept making bags using both repurposed firefighter fabric and new materials, continuing on a smaller, founder-run basis rather than as the funded national brand the Shark Tank deal would have created.
That distinction matters for anyone searching this page: the original company as pitched, with the Greiner partnership behind it, is gone. What may persist is a much smaller, artisan-scale operation run directly by Rasor, not a retail brand with the reach the show appearance implied. This is a pattern worth understanding for anyone researching Shark Tank outcomes broadly: an on-air handshake is not a signed contract, and deals fall apart during due diligence more often than casual viewers assume, usually over disagreements on valuation, inventory claims, or legal structure that only surface once lawyers get involved.
Fire Fighter Turn Out Bags net worth in 2026
Shark Tank tracker sites list the company's current status as no longer in business, with no net worth figure attached, and nothing in the public record contradicts that. Since the funded deal never closed, there is no company-level valuation to report.
If Rasor's smaller warehouse-based bag-making has continued in any form, it would operate at a scale too small for any credible third-party revenue or net worth estimate, and inventing one here would not be honest.
Where Things Stand Now
The company that pitched on Shark Tank in 2017 with Lori Greiner's name attached does not exist today in the form viewers saw on air. The deal fell through, and the funded, scaled version of Fire Fighter Turn Out Bags never materialized.
If you found this page hunting for the brand as seen on the show, the honest answer is that it closed down as a business, though its founder appears to have kept making bags in some smaller capacity on her own.
Where to buy Fire Fighter Turn Out Bags
Still selling as of February 26, 2026. Check today's price and availability.
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See the full Fire Fighter Turn Out Bags deal breakdown and term sheet →
