Product Update
Is Loctote Industrial Bag Still in Business? (2026 Update)
Is Loctote Industrial Bag from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Loctote Industrial Bag today.
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Loctote built its whole pitch around a genuinely unusual material: slash-resistant body armor fabric sewn into a drawstring pack, aimed at people who wanted to leave a bag on a beach or in a car and not worry about it getting cut open and emptied. Years after Robert Herjavec's on-air handshake fell apart behind the scenes, the picture on where this company stands today is murkier than most in this batch.
The Short Answer
Unclear, and this is a case worth being specific about rather than rounding to a confident yes or no. The most recent verified reporting, dated November 2023, described Loctote as operating with roughly 1 million dollars in annual revenue, selling direct off its website and through Amazon.
Checking the company's own domain directly as part of researching this article, loctote.com returned a not found error rather than a working storefront. That does not confirm the company has closed, since domains lapse or migrate for all kinds of reasons that have nothing to do with a business shutting down, but it is a real, current data point that conflicts with the November 2023 status, and it should not be papered over.
The Shark Tank Pitch
Loctote pitched in Season 8, Episode 22, out of Ohio, with bags built from slash-resistant fabric, steel-woven straps, and RFID blocking material, manufactured in New Albany, Ohio, and priced starting around 179 dollars, a premium position for a drawstring pack.
The founders asked for 150,000 dollars for 5 percent of the company, implying a 3 million dollar valuation for a security-focused bag brand still early in its retail life.
The Deal That Never Closed
Robert Herjavec made the offer on air, but as with several other companies in this wave, the deal with Herjavec never actually closed after the show. What did happen, notably, was a real sales bump: the company reportedly sold out of inventory in the immediate aftermath of the episode airing, proof that the exposure itself drove demand even without the shark's capital behind it.
From there, the company built its business the harder way, off recurring website and Amazon sales rather than a shark-backed retail push, and by the most recent reporting had never landed placement in any major retail chain.
Loctote Industrial Bag net worth in 2026
No dedicated net worth figure has been published for Loctote by any tracking source. The most concrete financial data available is the November 2023 snapshot: roughly 1 million dollars in annual revenue and more than 6 million dollars in cumulative sales since the Shark Tank appearance. Given the current uncertainty around whether the company's own website is still operating, any net worth estimate for 2026 specifically would be speculation, and this article is not going to manufacture one. The honest position is that Loctote had real, sustained revenue as recently as late 2023, and its current 2026 status could not be independently confirmed through its own domain at the time of this research.
Where Things Stand Now
If you are trying to decide whether to order a Loctote bag today, the safest approach is to search current marketplaces like Amazon directly, since that channel was confirmed as recently as late 2023 and may still be functioning independently of the company's own website. Six million dollars in cumulative sales over roughly a decade is a real business, not a flash-in-the-pan Shark Tank story, and the most likely explanation for a dead root domain is a lapsed registration or a site migration rather than a shutdown, but that is an inference, not a verified fact.
This is one of the cases in this batch where the honest answer is a shrug backed by specifics rather than a clean verdict: verified operating with real revenue as of November 2023, unreachable at its own web address as of this research in 2026, and no public announcement of a closure found anywhere in between.
A company doing 1 million dollars a year and 6 million dollars cumulatively does not typically vanish overnight without some trace, whether that is a closing sale announcement, a bankruptcy filing, or at minimum a dead social media account. None of those markers turned up during this research, which leans this verdict toward a company still limping along or recently gone quiet rather than one that made a clean, publicized exit.
Where to buy Loctote Industrial Bag
Still selling as of April 11, 2026. Check today's price and availability.
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See the full Loctote Industrial Bag deal breakdown and term sheet →
