Product Update

Is Spare Still in Business? (2026 Update)

Is Spare from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Spare today.

Shark Tank IndexUpdated April 15, 20266 min read

What if the cash you needed was sitting in the register of the coffee shop on the corner, no ATM and no fees required? That was the pitch behind Spare, the mobile ATM app that turned everyday merchants into cash points. It earned a deal on Shark Tank, so the natural question in 2026 is whether the idea is still running.

The Short Answer

Yes. Spare is still in business and operating independently in 2026. The company kept growing after its Shark Tank appearance and expanded well beyond where it started.

If you want to see it for yourself, the place to look is the Spare app rather than a store shelf, since this is a service rather than a physical product.

The Pitch and the Deal

Founder D'ontra Hughes built Spare to solve a problem most people just live with: the hunt for cash and the fees that come with it. Instead of finding an ATM, users could pull cash from participating merchants through the app, turning ordinary businesses into a network of withdrawal points.

On Season 10, Episode 20, Hughes asked for $500,000 in exchange for 3.5 percent equity. Mark Cuban came in with an offer in the neighborhood of $500,000 for a larger stake plus advisory shares, and a deal was struck on air. As is common with these segments, the televised handshake did not end up closing as a finalized investment.

Where It Is Now

Even without the Cuban money on the books, Spare scaled. Coverage of the company describes growth across dozens of states, a user base reaching into the millions on a monthly basis, and annual revenue climbing into the multiple millions of dollars.

The company also leaned into partnerships with established payment players to extend its reach, positioning the app as a kind of virtual ATM layered on top of merchants and digital wallets rather than a standalone gadget.

For anyone curious in 2026, Spare lives at its website and in the app stores. There is nothing to buy and nothing to ship, since the value is in the network and the convenience of pulling cash without hunting for a machine.

The Bottom Line

Spare is a satisfying Shark Tank outcome: the handshake deal did not finalize, yet the founder used the exposure to keep building and turned a clever concept into a real, growing service.

If you have ever stood in front of a fee-hungry ATM and wished there were a better option, Spare is worth a look. It is one of the Season 10 pitches that not only survived but kept expanding on its own terms.

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Spare

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See the full Spare deal breakdown and term sheet →

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