Bunch Bikes Shark Tank Update

Electric cargo bike

DealNow:OperatingAutomotiveSeason 12, Episode 18by Aaron PowellWebsite

What Happened to Bunch Bikes After Shark Tank

Is Bunch Bikes still in business? Yes — still in business.

$4M

reported annual revenue

  • On-air deal with Barbara Corcoran — no evidence the deal closed as of July 2021
  • CPSC ordered recall of Pre-School model in May 2023 due to elevated lead paint levels affecting approximately 150–200 bikes
  • $2.7 million in annual revenue as of July 2024

Last verified Apr 5, 2026. Web-confirmed sources.

Get updates on Bunch Bikes

The Bunch Bikes Shark Tank Pitch

Aaron Powell pitched Bunch Bikes on Shark Tank Season 12, Episode 18, which aired Friday, March 26, 2021, asking for $250,000 for 10% of the company — a $2.5M valuation.

Barbara Corcoran agreed to invest $250,000 for 15% equity, valuing the company at $1.7M, structured with a $150,000 loan. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S12E18Mar 26, 2021
Ask
$250,000for 10%
Ask Valuation
$2.5M

Deal Terms

Amount
$250,000
Equity
15%
Valuation
$1.7M
Loan
$150,000