70%
Odds it works through 2029Last checked: October 14, 2026.
Instant Pot made electric pressure cookers famous. Its parent company went bankrupt in 2023, and Instant Pot came out of it as a standalone company owned by Centre Lane Partners.
CompanyInstant Pot Brands, owned by Centre Lane Partners since 2023
Past problemsFormer parent Instant Brands filed for bankruptcy in June 2023
Needs the cloud?No for cooking. A few Wi-Fi models use the app for remote control
Subscription for basics?No
How long devices get supportWe have not found an Instant Pot device that was switched off. Instant Pot Brands does not publish end-of-support dates.
Why 70%
- Starting point70%Went through bankruptcy in 2023.
- Track record0No history of shutting down Instant Pot features.
- Works without the cloud0Cooking works fully from the buttons.
- Our estimate70%
The good news: An Instant Pot works entirely from its own buttons, so the company’s future barely affects whether yours keeps cooking. The new owners brought in experienced appliance executives.
The bad news: The company went through bankruptcy in 2023, and app features on Wi-Fi models are the first thing a struggling company might cut.
If you own Instant Pot
- Use the buttons rather than the app, since they will always work.
- Keep spare sealing rings, which wear out over time.