Product Update
Is Rip Tie Hair Still in Business? (2026 Update)
Is Rip Tie Hair from Shark Tank still around in 2026? Its on-air agreement, what happened afterward, and current ordering options.
Rip Tie Hair went into the Tank with an unusually crowded deal for a Season 17 pitch, walking out with not one shark but three, Lori Greiner, Allison Ellsworth, and Kevin O'Leary, all backing a waterproof hair tie built for people who do not want to lose their hair elastic mid-swim or mid-workout. The brand's own site is still live and still shipping the product today.
The Short Answer
Rip Tie Hair is still in business. The company's storefront is functional, showing an active shopping cart, ongoing promotions like free standard shipping on orders over 35 dollars, and live accounts on Facebook, Instagram, TikTok, and YouTube. It sells exclusively through its own website rather than through Amazon or big-box retail, which is the common early-stage setup for a brand this fresh off its Shark Tank air date.
Because this is a Season 17 company, it is still very new by Shark Tank standards, which means the long-term survival story has not had years to play out yet the way it has for a Season 5 or Season 7 brand. What we can confirm is that, right now, the site is open for business and taking orders.
The Shark Tank Pitch
Rip Tie Hair pitched in Season 17, Episode 13, positioned as a tangle-free, waterproof hair tie designed to hold up through swimming, sweat, and any activity where a standard elastic slips or snaps. The founders asked for 250,000 dollars for 10 percent equity, valuing the company at 2.5 million dollars.
A product this simple lives or dies on whether it actually performs better than a two-dollar drugstore hair tie, and the pitch leaned hard on demonstrating that durability on camera, the kind of physical proof point that tends to get sharks leaning forward.
The Deal That Got Done
Three sharks combined to fund the deal: Lori Greiner, Allison Ellsworth, and Kevin O'Leary, together putting up the full 250,000 dollars asked for, but taking 20 percent of the company instead of the 10 percent originally on the table. A three-way syndicate is relatively unusual on the show and typically happens when multiple sharks see complementary value they can each add, Greiner's retail and QVC relationships, Ellsworth's beverage and consumer-brand building experience from Poppi, and O'Leary's finance and licensing network.
Doubling the equity given up in exchange for splitting the investment across three well-connected partners is a trade many early-stage founders are happy to make, since it multiplies the mentorship and distribution channels available to the brand.
Rip Tie Hair net worth in 2026
Rip Tie Hair is too recently aired for any credible third-party valuation to exist yet, and we found no sourced net worth estimate to report. Given the company only just closed its deal with three sharks, any specific dollar figure circulating online right now would be speculation rather than a sourced number, and we are not going to repeat one.
What we can point to instead is the deal-implied valuation from the pitch itself: 2.5 million dollars on the ask. Whether the company has grown meaningfully beyond that in the months since air date is not something the public record currently supports one way or another.
Why Three Sharks Matters Here
A syndicate of three investors is not just a bigger check, it is three separate networks of retail buyers, media contacts, and manufacturing relationships suddenly available to a very young company at once. For a simple physical product like a hair tie, where the manufacturing and quality control barriers are low and competitors can copy a working design quickly, that kind of head start in distribution and visibility can matter more than the product innovation itself.
It also means Rip Tie Hair walked out of its pitch with more built-in accountability than most freshly funded companies, since three sharks with very different specialties are now watching the same small brand and presumably pushing it toward retail placements, licensing conversations, or influencer partnerships in parallel.
Where Things Stand Now
Rip Tie Hair pitched in Season 17 with a 250,000 dollar ask at 10 percent and walked out with a three-shark deal from Lori Greiner, Allison Ellsworth, and Kevin O'Leary at 20 percent combined. The company's site is live right now, actively selling its waterproof hair ties direct to consumers with an engaged social media presence across four platforms.
Because the show only recently aired this pitch, the long-term outcome is still being written. Right now, though, every signal available, from the working storefront to the active social accounts, points to a company that is open and selling.
Recorded pitch result
Recorded on-air deal
- $250,000 recorded amount
- 20% equity
- With Lori Greiner + Allison Ellsworth + 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 Rip Tie Hair pitch breakdown and reported terms →
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