Product Update
Is GreenBox Still in Business? (2026 Update)
Is GreenBox from Shark Tank still around in 2026? Its on-air agreement, what happened afterward, and current ordering options.
GreenBox invented a pizza box that folds itself into plates and a storage container, solving the actual problem of what to do with a half eaten pizza the next morning. The Season 6 deal with Kevin O'Leary never closed, but the box did not disappear with it. It just changed owners.
The Short Answer
Yes, GreenBox is still in business, though not as an independent company run by its original founders. In 2020, GreenBox was acquired by Pratt Industries, the largest privately owned recycled paper and packaging company in the world.
You will find the box selling today through international retail channels including Amazon and Webstaurant Store, now backed by a packaging giant instead of a two person team pitching to sharks.
The Shark Tank Pitch
GreenBox appeared in Season 6, Episode 16, out of New York City. Founders Ned Kensing and Jennifer Wright Laracy asked for 300,000 dollars for 10 percent of the company, pitching a pizza box designed to break down into four plates and fold its lid into a small storage container for leftovers.
The founders came in with real traction already, including relationships with regional pizza restaurants and a placement with Whole Foods, which gave the pitch more credibility than most first time entrepreneurs bring to the Tank. The idea itself solved a problem almost every pizza eater recognizes, a soggy cardboard box with nowhere good to put the leftovers, which is likely part of why the sharks engaged with it so quickly.
The Deal That Was Announced but Never Closed
Kevin O'Leary offered the 300,000 dollars for the 10 percent equity on the table, and the founders accepted on air. But the deal came with an implicit expectation tied to landing a national pizza chain partnership, something along the lines of a Domino's scale relationship.
That partnership never materialized, and without it, the O'Leary investment never actually closed. It is a pattern that shows up across a surprising number of Shark Tank deals: the handshake happens on camera, and the money never moves because a condition behind the scenes falls through.
What made this one unusual is that GreenBox was not a company scrambling for its first customer. It already had Whole Foods and regional pizza chains on board before the show aired, so the stalled O'Leary deal did not leave the founders starting from zero. They had real revenue and real relationships to keep building on while the investment question sat unresolved.
The Acquisition That Kept the Box Alive
Rather than fold when the O'Leary deal stalled, GreenBox kept building on its existing retail relationships. By 2020, the company announced on Facebook that it had been acquired by Pratt Industries, a packaging company with the scale to get GreenBox into far more locations than two founders could manage alone.
Under Pratt, the box has expanded into a bigger footprint in the packaging industry, showing up for sale on Amazon and Webstaurant Store, the kind of B2B and B2C combined distribution that a small startup rarely achieves on its own. Pratt's manufacturing scale and existing relationships with restaurant supply chains gave GreenBox a route to national and international shelves that two founders negotiating with pizza chains one at a time never could have matched alone.
GreenBox net worth in 2026
Because GreenBox now operates as a product line inside Pratt Industries rather than as a standalone company, there is no independent net worth figure to report for the brand in 2026. Pratt Industries itself is a large privately held company, and it does not break out GreenBox specific revenue or valuation in public filings.
The honest answer is that GreenBox's financial health is now tied to Pratt's broader packaging business, and no Shark Tank tracking source has published a credible standalone estimate since the acquisition.
Where Things Stand Now
GreenBox pitched in Season 6 out of New York, got a 300,000 dollar offer from Kevin O'Leary at 10 percent that never closed, and kept operating on its existing retail footing anyway. In 2020, Pratt Industries acquired the company.
If you are looking to buy the box today, it is out there under new ownership, sold through Amazon and Webstaurant Store rather than a founder run storefront. The founders may not be as hands on anymore, but the box that folds into plates is still very much on shelves.
Recorded pitch result
Recorded on-air deal
- $300,000 recorded amount
- 10% equity
- With Kevin O'Leary
These are the recorded on-air terms. The pitch fields do not confirm completed funding; a company update may report later closing, changed terms or a deal that fell through.
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See the full GreenBox pitch breakdown and reported terms →
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