Chomp Shop Shark Tank Update – Shark Tank Season 16

Considering being a dad to naughty and demanding kids, you wish you could find something that brings the kids’ imagination to the next level. Here comes the ‘Chomp Shop,’ a premium kid-safe power tool for cutting the cardboard and building the 3D models with it. It primarily chomps the cardboard by placing it above the cutter, and the cardboard is cut safely without injuring your kid’s hand. It is designed for kids of all ages.

Kausi and Max are the founders of the ‘Chomp Shop.’ They came to the shark tank seeking an investment of $250k for 5% equity in their company. To their surprise,e they got four offers from the Shark Tank. Furthermore, they secured an amazing combined deal with Lori Greiner and Mark Cuban for $250k for 15% equity in their company.

Here’s what happened to the company ‘Chomp Shop’ after Shark Tank and how much it’s worth today.

Did Chomp Shop Get a Deal on Shark Tank? 

Yes! The Chomp Shop secured an amazing combined deal on the Shark Tank with Mark Cuban and Lori Greiner for $250k for 15% equity in their company. Kausi and Max came to the shark tank seeking an investment of $250k for 5% equity in their company. But surprisingly, they successfully grabbed the attention of the sharks. They got a deal from Kevin, Barbara, Lori, and Mark for 20%, 20%, and a combined 15% equity, respectively.

But due to their personal interests, they made a combined deal with Mark Cuban and Lori Greiner for $250k for 15% equity in their company. They shook hands and went their ways happily.

Chomp Shop Shark Tank Deal Table

Sharks name	Offer and Demand	Accepted?
Kevin O’Leary	$250k for 20% equity	N/A
Mark Cuban & Lori Greiner	$250k for 15% equity	yes
Rashaun Williams	Out	N/A
Barbara Corcoran	$250k for 20% equity	N/A

Chomp Shop net worth

Kausi and Max appeared on Shark Tank seeking $250,000 for 5% equity in Chomp Shop, valuing their company at $5 million. Out of four offers from the sharks, they secured a combined deal with Mark Cuban and Lori Greiner for $250k for 15% equity. After the show aired, Chomp Shop saw a big increase in website traffic, sales, and social media exposure. With the backing of Mark and Lori, they were able to fulfill pre-orders efficiently and expand their marketing reach. Currently, Chomp Shop’s estimated net worth in 2026 is around $3.5 million to $4 million, reflecting strong demand and continued growth in the kids’ educational and creative toys market.

Founders’ Backstory 

Kausi and Max are the founders of the ‘Chomp Shop.’ They were college friends and partners in their social research. They researched the average attention span of kids of small ages. From there, they came up with the idea of Chomp Shop, which provides an innovative and safe way for kids to focus their attention on extracurricular activities. So, in order to expand the horizon of their product, they came to the Shark Tank seeking an investment of $250k for 5% equity in their company.

To their surprise, they got four offers from the Shark Tank. Furthermore, they secured an amazing combined deal with Lori Greiner and Mark Cuban for $250k for 15% equity in their company. 

Chomp Shop Shark Tank Pitch 

The Chomp Shop’s pitch began as the founders entered the tank. They came with an amazing, energetic, and positive energy. They introduced themselves and then showed grey samples to the sharks, and then they talked about its safety features andthe user manual. They also told about their $1.2 Millions of pre-order sales as well. Then they asked for an investment of $250k for 5% equity in their company. In this way, they wanted to have an evaluation of $5 Millions. They got four deals from the Shark Tank and locked in a combined deal with Mark Cuban and Lori Greiner for $250k for 15% equity in their company.

Shark Questions & Discussion

Kevin O’Leary:

Kevin O’Leary asked about their sales. They said that they made $1.2 Millions as pre-orders last year since the launch of their company.

Lori Greiner:

Lori Greiner asked about their total evaluation. They said that they have raised $5k as a family support from their families.

Mark Cuban:

Mark Cubanasked about their pre-order delivery. They told me that after returning from China and seeing their prepared product, they would be delivering their orders. 

Barbara Corcoran:

Barbara Corcoran asked about the price of the cardboard cutter. They said that they sell it for $230.

Sharks’ Reactions and Negotiations

Kevin O’Leary:

Kevin O’Leary liked their idea and offered them a counter of $250k for 20% equity in their company.

Lori Greiner:

Lori Greiner liked their idea. She offered them a counter of a combined deal with Mark Cuban for $250k for 15% equity.

Mark Cuban:

Mark Cubanloved their idea and offered them $250k for 15% equity, along with Lori Greiner. Without having a second thought, they secured the combined deal with them. 

Barbara Corcoran:

Barbara Corcoran liked their idea, and she offered them a similar offer for $250k for 20% equity in their company.

Why Some Sharks Said No 

Kevin O’Leary:

Kevin O’Leary offered them a counteroffer of 20% equity. But it was way too high to be accepted. So, that’s why the founder rejected their offer ,and he said no.

Barbara Corcoran:

Barbara Corcoran also offered a similar offer of $250k for 20% equity in their company. But the founder got a better deal. That’s why she said no to them.

Chomp Shop Update 2026

Chomp Shop remains a successful consumer brand in 2026 and continues to maintain a strong presence in the kids’ educational toy market. Since securing a combined deal with Mark Cuban and Lori Greiner on Shark Tank, the company has expanded production and distribution, reaching multiple retail stores across the United States. The kid-safe power tool for cutting cardboard and building 3D models has gained popularity among parents seeking creative and safe activities for their children. With the support of Mark Cuban and Lori Greiner, Chomp Shop has successfully scaled its operations, fulfilled pre-orders, and continues to earn healthy profit margins while fostering creativity and hands-on learning for kids.

Product Features & Availability

The Chomp Shop is a premium kid-safe power tool for cutting cardboard and building 3D models with it. It primarily chomps the cardboard by placing it above the cutter, and the cardboard is cut safely without injuring your kid’s hand. It is designed for kids of all ages.

You can order your chomp shop from their Official Website. You may also get one from their Official Instagram account as well.

What Happened To Chomp Shop After Shark Tank? 

The Chomp Shop secured an amazing deal with Mark Cuban and Lori Greiner for $250k for 15% equity in their company. So, as the show aired, their popularity grew higher and higher. They began receiving a lot of orders, and they began earning from their pre-order sales as well. By having Mark Cuban and Lori Greiner on their back end, they didn’t need to worry about their marketing and sales. They are earning better margins as well.

Conclusion 

So, the Chomp Shop secured a combined deal from Shark Tank with Mark Cuban and Lori Greiner for $250k for 15% equity. The Chomp Shop did an amazing job on Shark Tank. Kausi and Max are the founders of the ‘Chomp Shop.’ They came to the shark tank seeking an investment of $250k for 5% equity in their company. To their surprise, they got four offers from the Shark Tank. Furthermore, they secured an amazing combined deal with Lori Greiner and Mark Cuban for $250k for 15% equity in their company. Currently, they are still earning marginal profits from their company.