Being outdoors during the summer can be amazing, but the heat can quickly ruin the fun. Many people struggle to stay cool when they are out camping, fishing, or just enjoying a sunny day. Regular coolers keep drinks cold, but they don’t help with the heat.
This is where the IcyBreeze cooler comes in. It’s not just a cooler for keeping your drinks cold, it also works as a portable air conditioner to cool you down. The creators, Jason Shackleford, Dave Yonce, and Andrew Jenkins, wanted to solve this common problem. Their invention, IcyBreeze, does two jobs in one device. It keeps drinks cold and blows out cold air to help you stay comfortable.
They brought their idea to Shark Tank in Season 7, hoping to get $50,000 in exchange for 5% equity. Did the entrepreneurs get a deal on Shark Tank? Check out our IcyBreeze update to find out!
IcyBreeze Net Worth Shark Tank Update 2025
David Yount, Andrew Jenkins, and Jason Shakleford went on Shark Tank asking for $50,000 for 5% of their company. This meant they thought their business was worth $1,000,000. They did not make a deal with any Shark. The episode was aired in January 2016. The company stayed active and continued selling portable air-conditioning coolers. With about 10% growth every year, the current net worth of IcyBreeze is estimated to be around $2.3 million in 2025.
IcyBreeze did not secure a deal on Shark Tank, but the company still managed to move forward. After appearing on the show, the founders took the sharks’ advice seriously. They worked on reducing the price of their cooler, which was one of the main issues discussed on the show.
In 2018, the IcyBreeze company was sold to new owners. The original creators are no longer involved with the business. Despite the change in ownership, IcyBreeze has continued to do well. The company now generates about $3.6 million in yearly revenue.
However, the company has faced some supply issues recently. Only a few of their products are available on the website. They are expected to restock soon. You can still buy the IcyBreeze cooler on their official website.
No, the IcyBreeze team did not get a deal on Shark Tank. Although the sharks were impressed by the product’s dual functionality, they were concerned about the high price.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
IcyBreeze Shark Tank pitch
The three founders, Jason Shackleford, Dave Yonce, and Andrew Jenkins, were inspired by their love for outdoor activities. They knew how tough it could be to stay cool during summer outings. This led them to create the IcyBreeze cooler.
The journey wasn’t easy. One major challenge was the high cost of making the product. The battery alone made the cooler expensive to produce. However, the team was determined to solve the problem of outdoor heat with an innovative solution.
When the IcyBreeze team stepped into the Shark Tank, they introduced their product as a two-in-one device. It works as a cooler for keeping drinks cold and as a portable air conditioner to keep people cool. They demonstrated how the device uses the ice inside to blow out cold air through a hose.
The founders asked for $50,000 in exchange for 5% equity. They explained that the product was unique and had already sold 1,700 units. The sales had brought in a profit of $125,000. However, the sharks raised concerns about the high price of $349 and the manufacturing cost of $191 per unit. Keep reading our IcyBreeze update to see what happens next!
Each shark had specific questions about the product. Here are the key queries and the answers from the founders:
Mark Cuban asked how much it costs to make it. The founders explained that the cost of production was $191 per unit.
Daymond John asked Why do you need a shark? The team shared their passion for entrepreneurship but said they needed help scaling the business.
Kevin O’Leary questioned Do you think people will pay $400 for a cooler? The founders acknowledged the price concern but highlighted the product’s unique features.
Robert Herjavec asked what your strategy is for lowering costs. The team admitted that they were still working on reducing manufacturing expenses.
Lori Greiner asked how long this product has been on the market. The founders shared that it was relatively new but had shown promise with good sales numbers.
Here’s how the sharks responded to the pitch:
Mark Cuban: Mark liked the idea but felt that the price was too high. He decided to go out.
Daymond John: Daymond said the team didn’t need a shark and believed they could succeed on their own. He went out.
Kevin O’Leary: Kevin was skeptical about people paying $400 for a cooler. He also went out.
Robert Herjavec: Robert liked the product but doubted its market appeal. He went out.
Lori Greiner: Lori felt the product didn’t have enough history in the market and was too expensive. She also went out.
The team left Shark Tank without a deal.
What Went Wrong With IcyBreeze On Shark Tank?
The main issue that prevented IcyBreeze from securing a deal was its high price. The sharks believed that customers would hesitate to pay $349 for a cooler, even if it doubled as an air conditioner.
The high manufacturing cost was another problem. At $191 per unit, the margins were tight, and scaling the business would be challenging. Additionally, Lori felt the product didn’t have enough market history to prove its long-term success.
Product Availability
IcyBreeze coolers are still available for purchase. The product has unique features, such as the ability to cool drinks and blow out cold air. It uses ice stored inside the cooler and a hose to deliver the air.
The IcyBreeze cooler is available on their official website. However, some products are currently out of stock due to supply shortages. The company plans to restock soon.
Conclusion
IcyBreeze brought an innovative solution to a common problem. Even though the founders didn’t secure a deal on Shark Tank, they learned valuable lessons from the experience. They worked on reducing their prices and continued to grow the business.
Today, the company is under new ownership but still generates impressive revenue. The IcyBreeze cooler remains a useful product for outdoor enthusiasts who want to stay cool. Stay tuned for more updates on IcyBreeze and other Shark Tank companies!
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
