No, Tanoshi is no longer in business. The kids’ computer and tablet company took a genuine Shark Tank deal and saw real pandemic-era growth, but shut down in 2024 anyway.

What happened on Shark Tank

Tanoshi secured a real $500,000 investment from Daymond John for 20% equity, one of the larger deals in the company’s season. The company made education-focused tablets aimed at kids, a product category that suddenly became far more relevant once remote schooling started.

Why it grew, then closed anyway

Sales boomed during the Covid-19 pandemic as parents sought affordable computers for children learning from home. In November 2020, the company introduced an upgraded model, the Tanoshi Scholar, with more durability and video-call compatibility for remote classes. Despite reaching a reported $4 million in revenue and having real Shark Tank backing, Tanoshi shut down in 2024, a reminder that pandemic-era demand for a specific product category doesn’t necessarily hold once that demand normalizes.

Frequently asked questions

Did Tanoshi get a real Shark Tank deal?

Yes. Daymond John invested $500,000 for 20% equity, one of the larger deals of that season.

Why did Tanoshi eventually shut down?

The company reached $4 million in revenue but closed in 2024. Public reporting doesn’t specify the exact cause, though its growth was closely tied to pandemic-era remote learning demand.

Is Tanoshi’s product still available anywhere?

No, the company is confirmed closed as of 2024.

For more Shark Tank updates, see Talmyn’s Business Case Studies desk.