Product Update
Is Quikflip Still in Business? (2026 Update)
Is Quikflip from Shark Tank still around in 2026? Its on-air agreement, what happened afterward, and current ordering options.
A hoodie that folds into its own backpack in a few seconds is the kind of simple, clever idea that makes you wonder why it did not already exist. Quikflip brought exactly that to the Shark Tank stage and won over one of the show's best product builders. So is the hoodie-backpack still around in 2026?
The Short Answer
Yes. Quikflip is still in business in 2026 and continues to sell its convertible hoodies and jackets. The brand is active online and through major retail channels.
You can buy directly from the official Quikflip site, and the products are also available on Amazon, making this one of the easier Shark Tank items to actually get your hands on.
The Pitch and the Deal
Founder Rener Gracie created Quikflip around one tidy bit of design: a full-zip hoodie that flips inside out and packs into a wearable backpack, so you never have to carry your layer when you take it off. It is the kind of everyday convenience that sells itself once people see it work.
On Season 10, Episode 23, Gracie asked for $500,000 in exchange for 5 percent equity. Lori Greiner, a natural fit for a mass-market consumer product, made the deal, structured as a mix of cash and a credit line for roughly $500,000 in total in exchange for 10 percent equity.
Where It Is Now
After the show, Quikflip moved quickly to widen its lineup. The brand expanded beyond the original hoodie into pullovers, rain jackets, and kids' sizes, all built around the same flip-into-a-backpack trick.
Distribution grew alongside the catalog, with the products reaching Amazon and big-box retail and posting strong early unit sales. Coverage of the company puts its annual revenue in the multi-million-dollar range as of recent years, a sign the momentum from the Lori deal carried forward.
In 2026, the simplest way to shop is the official Quikflip store or its Amazon storefront, where you can pick the style and size you want and see current reviews before buying.
The Bottom Line
Quikflip is a clean Shark Tank win: a smart, demonstrable product, a deal with the right shark, and steady growth into a real apparel brand with a full range of options.
If the idea of never carrying your jacket again appeals to you, Quikflip is alive and easy to buy in 2026, whether you go straight to the source or grab one on Amazon.
Recorded pitch result
Recorded on-air deal
- $500,000 recorded amount
- 10% equity
- With Lori Greiner
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 Quikflip pitch breakdown and reported terms →
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