Product Update
Is Safety Nailer Still in Business? (2026 Update)
Is Safety Nailer from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Safety Nailer today.
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Drew Zirkle's segment aired in March 2020, just as the country was heading into lockdown and a lot of people were suddenly stuck at home taking on DIY projects. That timing turned out to be a gift for a magnetic tool designed to keep hammering fingers safe, and Safety Nailer has been building on it ever since.
The Short Answer
Safety Nailer is still in business and has grown well past its original single product. The company sells through Amazon and through Ace Hardware locations, giving it both an online and a brick and mortar retail footprint, which is more distribution than most tool startups manage.
It has also expanded its catalog. Beyond the original magnetic nail holder, the company now sells Newton's Spindle, a magnetic clacker toy that was reportedly what caught the sharks' attention on the pitch, along with a carpenter's pencil holder and sharpener, and a sink-side soap and sponge tray.
The Shark Tank Pitch
Drew Zirkle pitched Safety Nailer in Season 11, Episode 16, which aired March 20, 2020. The core product magnetically holds a nail in place while it is being hammered, keeping fingers out of the strike zone, a simple safety fix for a common household injury.
Zirkle asked for 100,000 dollars for 14 percent equity, a relatively aggressive valuation for a single-product hand tool, and the negotiation that followed reflected that tension.
The Deal That Got Done
Mark Cuban, Rohan Oza, and Lori Greiner combined on an offer of 100,000 dollars for 50 percent equity, a steep jump from Zirkle's 14 percent ask. After negotiation, the equity came down to 33 percent, which is the deal that ultimately closed with the three-shark group.
A three-way investor group is unusual for a product this simple, and it signals the sharks saw more in Zirkle's pitch than just the nailer itself, likely including the additional product ideas he had already started developing on the side.
Riding the Pandemic DIY Wave Into Ace Hardware
The timing of the March 2020 air date turned into real momentum. Zirkle has said directly that sales exploded once the episode aired, catching the front edge of a pandemic-driven surge in home improvement spending as people stuck at home turned to DIY projects they had been putting off.
Rather than riding that one product to its ceiling, the company diversified. Newton's Spindle, the magnetic clacker toy, became a second product line entirely outside the tool category, and the pencil holder and soap tray extended the brand into general home and workshop accessories. That diversification is a large part of why the business has kept growing years past its initial pandemic-era spike, since a single hand tool eventually saturates its market.
By 2026, the company is generating approximately 2 million dollars annually according to tracking estimates, with co-founder Kristen Eifes stating the team's next ambition is landing a major big box retailer like Lowe's, Home Depot, or Target, rather than staying limited to Amazon and Ace Hardware.
Safety Nailer Net Worth in 2026
Tracking sites estimate Safety Nailer's annual revenue at roughly 2 million dollars as of 2026, a figure based on public sales claims rather than an audited financial statement, since the company is privately held and does not publish its books.
There is no separately reported net worth figure distinct from that revenue estimate, and any specific valuation you see online should be read as an unverified derivative of that revenue number. What is confirmed is the multi-channel retail footprint through Ace Hardware and Amazon and a product line that has grown to four distinct items, both of which support a real and growing business rather than a one-hit product.
Where Things Stand Now
Safety Nailer pitched in Season 11 right before the pandemic hit, asked for 100,000 dollars for 14 percent, and closed with a three-shark group of Cuban, Oza, and Greiner at 100,000 dollars for 33 percent equity.
Today the company sells through Ace Hardware and Amazon, has expanded to four products including the unrelated Newton's Spindle toy, and is generating an estimated 2 million dollars a year while chasing a bigger retail partner. If you came here to check whether the magnetic nail tool made it, it did, and the company built more around it than the pitch let on.
Where to buy Safety Nailer
Still selling as of May 23, 2026. Check today's price and availability.
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See the full Safety Nailer deal breakdown and term sheet →
