Product Update
Is Z-CoiL Still in Business? (2026 Update)
Is Z-CoiL from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Z-CoiL today.
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Z-CoiL is one of the rare Shark Tank guests that was already an institution before it ever walked into the Tank. The spring-heeled shoe brand out of New Mexico has been selling since 1995, three decades before Season 17 aired, which makes this less a story about a startup finding its footing and more one about a legacy brand fighting to hold onto ground it had already lost.
The Short Answer
Yes, Z-CoiL is still in business. The company's website is live, actively selling, and running discounts of up to 69.99 dollars off, with a store locator pointing to physical retail locations beyond the online shop. That puts it solidly in the still-operating column.
But the honest picture is more complicated than a simple yes. A meaningful number of products on the site are marked unavailable, and the sales trend that came up during the pitch itself was not flattering.
The Shark Tank Pitch
Founders Andres and Lindley Gallegos brought Z-CoiL into the Tank in Season 17, Episode 1, pitching from the company's longtime home in Los Ranchos de Albuquerque, New Mexico. The product is exactly what the name promises: shoes built with a visible spring coil in the heel, marketed as pain relief footwear for people on their feet all day.
They asked for 250,000 dollars for 10 percent equity, a modest ask for a brand old enough to have three decades of trading history behind it.
The Deal That Got Done
The pitch surfaced a hard number: Z-CoiL's annual sales had fallen from 11.6 million dollars at its peak down to 1.6 million dollars by 2024, a decline steep enough that most of the panel passed. That kind of drop over a 30-year window is the story of a category the market moved on from, not a company that mismanaged a single bad year.
Lori Greiner was the one who came around. She offered the full 250,000 dollars, but for 50 percent of the company instead of the 10 percent originally on the table, a five-times equity jump that reflects how much leverage a declining, aging brand hands an investor. The founders accepted, giving up half the company to get a partner willing to back a business most of the room had already written off.
Where the Business Stands Today
The current zcoil.com storefront backs up the still open verdict with real signals: a One Million Sold claim, a functioning retail store locator, active hiring postings, an official customer Facebook group, and a 30-day risk-free trial policy, all things a company running on fumes typically stops maintaining. Social media presence spans Facebook, Instagram, YouTube, TikTok, and Pinterest.
At the same time, a chunk of the product catalog shows as unavailable on the live site, which lines up with the declining sales trajectory disclosed on air. This reads like a company that is genuinely still trading, still shipping product, and still has a loyal enough customer base to run a Facebook group, but is operating at a fraction of its former scale with real inventory or production constraints.
Z-CoiL net worth in 2026
No independently verified net worth figure exists for Z-CoiL. What is on the record is the revenue trajectory disclosed during the pitch: down from 11.6 million dollars at its high point to 1.6 million dollars by 2024. Lori Greiner's 250,000 dollar investment for 50 percent implies a Shark Tank valuation of roughly half a million dollars, a steep discount from what the brand would have commanded during its stronger years. Anything more specific about current worth would be speculation this page will not print.
Where Things Stand Now
Z-CoiL pitched in Season 17 out of New Mexico with three decades of history and a sales chart that had fallen from 11.6 million to 1.6 million dollars a year. Lori Greiner backed it anyway, taking 50 percent for her 250,000 dollars.
Today the company is still selling through its own website and physical retail locations, still running promotions, and still has an active community, even with parts of its catalog out of stock. If you are wondering whether you can still buy a pair, the answer is yes, at a smaller scale than the brand's heyday but very much still open.
Where to buy Z-CoiL
Still selling as of July 15, 2026. Check today's price and availability.
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See the full Z-CoiL deal breakdown and term sheet →
