Product Update
Is Inboard Still in Business? (2026 Update)
Is Inboard from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Inboard today.
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Inboard's electric skateboards were a genuine hit after their Season 8 episode aired, popular enough that the company raised millions from outside investors on the strength of that exposure. Then it made a bet on electric scooters that it could not afford to lose, and by the end of 2019, the whole company was gone.
The Short Answer
Inboard is out of business. The company was liquidated in November 2019, its 24 employees were laid off, and there is no active product, website, or company operating under that name today. It never sold through Amazon during its run.
This is a clean case of a company that got real traction after Shark Tank and still failed, which happens more often than the highlight-reel success stories suggest.
The Shark Tank Pitch
Inboard appeared in Season 8, Episode 10, pitching a self-branded electric skateboard, the M1, aimed at commuters looking for a faster, motorized alternative to a regular board. The company was based in Santa Cruz, California, and was founded by CEO Ryan Evans and his co-founders.
The founders asked for 750,000 dollars in exchange for 4 percent equity, a relatively low equity give-up reflecting confidence in the product's retail momentum.
That confidence was not empty bravado. At the time of the pitch the M1 board carried a retail price of around 1,399 dollars, and the founders told the sharks the company was already sitting on roughly 5.6 million dollars in pre-orders. Demand at that scale, for a premium commuter board rather than a budget toy, is what let them justify handing over such a thin slice of the company.
The Deal That Got Done
Lori Greiner and Kevin O'Leary teamed up on air, agreeing to the exact terms pitched: 750,000 dollars for 4 percent equity, structured as a loan carrying 9 percent interest rather than a straight equity purchase. That structure is a common O'Leary pattern that lets the sharks collect interest income regardless of how the equity ultimately performs.
The deal never closed after the show. Instead, in November 2017, Inboard raised 8 million dollars in a funding round led by Los Angeles venture firm Upfront Ventures, a much larger sum than the Shark Tank deal would have provided, and a sign the company had real investor appetite behind it independent of its TV appearance.
Inboard net worth in 2026
Inboard has no net worth to report in 2026 because the company was liquidated in November 2019 and has not operated since. There is nothing left to value: no ongoing revenue, no active brand, and no assets beyond whatever was recovered during the liquidation process for creditors and investors. Reporting a valuation figure for a company that no longer exists would be dishonest, so the accurate statement is simply zero, closed, gone.
The Scooter Bet That Broke the Company
Inboard's skateboard business was reportedly performing well on its own. What killed the company was a pivot into commercial electric scooters, chasing a large purchase agreement from a major European scooter-sharing operator. That deal represented a much bigger revenue opportunity than skateboards alone, and Inboard poured its resources into building out the scooter product to meet it.
The problem was timing. The scooter development timeline stretched out longer than the company's cash runway could support, and when the European fleet purchase agreement ultimately fell through, Inboard had already committed heavily to a product line with no buyer left for it. The company had to cancel all of its G1 scooter pre-orders and refund customer deposits, a costly and reputation-damaging step it took right before shutting down entirely.
The premium positioning that made the M1 work is exactly what made the scooter detour so risky, since shared scooters are a low-margin, capital-hungry business that looks nothing like selling a 1,399 dollar board to enthusiasts. By November 2019, investors pushed for liquidation, and all 24 remaining employees were laid off. What had looked like a Shark Tank success story with real post-show funding turned into a cautionary tale about chasing a bigger, unproven bet instead of doubling down on a product that was already working.
Where Things Stand Now
Inboard pitched in Season 8 out of Santa Cruz, asked for 750,000 dollars for 4 percent, and got an on-air yes from Lori Greiner and Kevin O'Leary that never closed. The company went on to raise 8 million dollars independently in 2017, pivoted hard into electric scooters, and collapsed into liquidation in November 2019 when that bet did not pay off.
If you are looking for an Inboard electric skateboard to buy today, you will not find one from the company. It shut down years ago, and no relaunch has followed.
Where to buy Inboard
Still selling as of March 29, 2026. Check today's price and availability.
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See the full Inboard deal breakdown and term sheet →
