Stakt Shark Tank Update: Did Their Deal Close?

When founders Taylor and Maya took their innovative folding fitness mat, Stakt, into the Shark Tank waters, they weren’t just seeking cash—they were seeking a strategic partner to help them navigate the highly competitive fitness retail landscape.

The pitch was strong, the product was compelling, and the Sharks were highly impressed. But securing a handshake deal on television is only half the battle. The burning question remains for fans and potential investors: What is the official Stakt Shark Tank Update? Did the deal close, and where is the Stakt Mat today?

The Stakt Mat Phenomenon: A Pitch Recap

Stakt created a buzz on Season 14, Episode 17 of Shark Tank by addressing a common household pain point: bulky, hard-to-store yoga mats. The founders proposed a solution that combined portability, thickness, and versatility.

A Mat That Folds?

The Stakt Mat is designed to fold and stack, making it easier to store and allowing users to double-up the thickness for extra cushioning in certain poses. This key feature transforms a standard mat into a piece of functional home fitness equipment.

Key features that grabbed the Sharks’ attention:

Foldability: Allows for easy stacking and storage. Versatility: Can be folded into different shapes to support poses (e.g., knee support, incline). Premium Material: High-density, non-slip material. Strong Branding: A visually appealing, marketable product.

The Dramatic Negotiation and the Deal

Taylor and Maya entered the Tank seeking $150,000 for 5% equity. While the valuation was ambitious, the founders had strong sales figures and a clear vision for scalability, which kept the Sharks engaged.

The pitch quickly turned into a bidding war, which is always a signal of high potential in the Tank. Kevin O’Leary and Lori Greiner, two of the most seasoned retail Sharks, went head-to-head.

Who Took the Bait?

Ultimately, the founders chose to partner with the “Queen of QVC,” Lori Greiner.

Lori’s final offer, which the founders accepted, was:

Investment: $150,000 Equity: 15%

This marked a significant increase in equity from their initial ask, but the value of Lori’s retail connections and experience in scaling consumer products proved too tempting to pass up.

Stakt Shark Tank Update: Post-Show Success

The question everyone wants answered about the Stakt Shark Tank Update is whether the handshake deal with Lori Greiner successfully closed after the cameras stopped rolling.

While the specifics of post-show contracts are rarely disclosed publicly, all signs point to a highly successful partnership that went far beyond the typical “Shark Tank effect.”

The Deal Status

Yes, the deal with Lori Greiner appears to have closed and contributed significantly to Stakt’s exponential growth.

Lori is known for her hands-on approach, often helping her portfolio companies secure key placements and streamline production. Stakt utilized this partnership effectively, immediately leveraging the fame of the episode airing.

Retail Expansion and Visibility

The combination of the initial “Shark Tank bump” (massive immediate sales spike after the episode airs) and Lori Greiner’s retail expertise propelled Stakt into major distribution channels.

Key elements of their post-Tank growth:

Massive Sales Spike: Reports indicate Stakt saw a surge in web traffic and sales figures immediately following the episode air date. QVC/HSN Exposure: Lori Greiner leveraged her access to QVC and HSN, placing the Stakt Mat in front of millions of dedicated shopping viewers. Retail Partnerships: The company expanded beyond direct-to-consumer sales, securing placement in large fitness and lifestyle retail chains. Product Line Expansion: Stakt began developing and releasing complementary accessories, expanding its overall footprint in the wellness market.

The Stakt Shark Tank Update is a textbook example of how a successful partnership with a Shark can validate a product and accelerate its trajectory from startup to established brand.

Where to Buy the Stakt Mat Now?

Thanks to the exposure and investment secured through Shark Tank, the Stakt Mat is much easier to find than it was before 2023.

You can find the Stakt Mat through several major channels:

  1. Stakt Official Website: Offering the full range of colors and accessories.
  2. Major E-commerce Retailers: Available widely online through popular third-party sites.
  3. Lori Greiner’s Channels: Featured periodically on QVC and HSN programs.
  4. Fitness Retail Stores: Appearing in select national fitness and wellness chains.

The availability proves that Stakt was able to successfully scale production—a necessary step for any product entering a large-scale retail environment backed by a Shark.

The Verdict on Stakt

The journey of Stakt proves that a simple, innovative twist on a familiar product can capture the attention of investors and consumers alike. The Stakt Shark Tank Update confirms that the founders secured a strategic partnership that delivered not only capital but also the crucial retail support needed to make Stakt a recognizable brand.

Stakt didn’t just survive the Tank—it thrived. The collapsible mat has permanently unfolded into a major success story within the Shark Tank ecosystem.