Product Update
Is Lectec Still in Business? (2026 Update)
Is Lectec from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Lectec today.
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Lectec is one of the newer names on this list, a Season 16 education technology pitch from founders Jared Ebersole and Luke St. Amand out of Dover, built around STEM kits meant to get kids building and coding rather than just watching a screen. With the episode airing in February 2025, this is barely a year old as a Shark Tank alum, which changes what a fair review of its status even looks like.
The Short Answer
Yes, Lectec is still in business, and given how recently it aired, that should not be a surprise. What matters more at this stage than survival is whether the company is converting its Shark Tank exposure into a real, repeatable sales channel, and the available tracking confirms an active company selling STEM kits through its own website as of 2026.
The Shark Tank Pitch
Lectec pitched in Season 16, Episode 11, out of Dover, New York, in the kids and education category. Ebersole and St. Amand asked for 100,000 dollars for 10 percent of the company, valuing the young business at 1 million dollars going into the negotiation. That valuation reflected an early-stage physical product company still proving out its manufacturing and sales channels rather than an established brand with years of retail history behind it.
The Deal That Got Done
Robert Herjavec made the deal, taking 15 percent instead of the 10 percent offered while still writing the full 100,000 dollar check the founders asked for. That is a modest equity bump, not the kind of steep renegotiation some pitches undergo, which usually signals the sharks saw a reasonably fair ask on the table already.
Herjavec has a track record with education and technology adjacent products, and for two founders early in building out a physical STEM kit business, having a shark who understands both the hardware and the go to market side is a fit that makes sense beyond just the check.
Lectec net worth in 2026
There is no established net worth or revenue figure for Lectec publicly available yet, which is expected for a company barely a year removed from its Shark Tank appearance. Building a verifiable track record takes time, and this page will need updating as real numbers emerge.
Anyone quoting a specific net worth for Lectec this early should be treated with skepticism. The honest state of the record right now is simply too new to know.
What to Watch For Next
Education technology and STEM kit companies tend to live or die on two things: whether schools and after school programs adopt them in bulk, and whether individual parents keep reordering kits as kids age through different skill levels. Lectec's first real test will not be the initial post air sales bump every Shark Tank company gets, it will be whether Ebersole and St. Amand can convert that bump into either institutional buyers or a subscription style repeat customer base.
Herjavec's involvement is a genuine asset here beyond just the check. He has spent years building technology adjacent businesses and understands the difference between a product that sells once because of television exposure and one that builds a durable customer base. Whether that guidance translates into measurable growth is exactly the kind of detail that will only become clear with another year or two of operating history.
There is also a practical reason this page cannot go further than confirming the company is active: STEM kit companies at this stage rarely publish revenue figures publicly, since doing so before they have a defensible market position can invite competition from larger education companies with far more manufacturing scale. That silence is normal for a company this young, not a red flag.
Where Things Stand Now
Lectec landed a deal with Robert Herjavec for 100,000 dollars at 15 percent equity in Season 16, episode 11, which aired in February 2025, and the company is still actively selling its STEM kits going into 2026.
Given how recent the appearance is, the more useful update will likely come a year or two from now, once there is enough of a sales history to say whether the deal translated into sustained growth rather than just a post air bump.
Where to buy Lectec
Still selling as of April 7, 2026. Check today's price and availability.
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See the full Lectec deal breakdown and term sheet →
