CO.ALITION Shark Tank Update

CO.ALITION Shark Tank Pitch

Jeff Popp and Casey Lorenzen appeared on Shark Tank Season 7, Episode 15, which aired on January 28, 2016, with durable, water-resistant backpack with charging station for laptops and other electronics.

CO.ALITION is listed in the Travel Auto category. In plain terms, the business is described as durable, water-resistant backpack with charging station for laptops and other electronics.

CO.ALITION asked the Sharks for $200,000 for 20%, implying a valuation of about $1 million.

The source data lists no completed on-air deal for CO.ALITION.

This pitch is included as context for the more important question: what happened after Shark Tank.

CO.ALITION After Shark Tank

CO.ALITION left Shark Tank without a deal after the Sharks questioned its high price point and lack of protectable technology. (CO.ALITION Shark Tank Blog update

The company tried to use the post-show attention to support additional crowdfunding and online sales for its smart backpacks. (CO.ALITION Shark Tank Tales update

Follow-up reporting says the brand shut down in August 2017 after it failed to scale demand in a crowded backpack market. (CO.ALITION Shark Tank Tales update

By 2025, CO.ALITION was listed as inactive; the smart-backpack brand no longer appears to sell products under that name. (CO.ALITION Shark Tank Tales update

Sources

Sources used for this page: Shark Tank API pitches