Guardian Bikes

children's bicycles with an improved braking system

Guardian BikesDealFitness & SportsWebsiteSeymour, INS8E21

Pitch Details

Season / Episode

S8E21

Apr 14, 2017

Ask

$500,000

for 10%

Ask Valuation

$5M

Deal

$500,000

for 15%

Watch the Pitch

Deal Terms

Amount$500,000
Equity15%
Valuation$3.3M

What Happened Next

Thriving

$25M

reported

  • Appeared on Season 8; deal with Mark Cuban for $500K for 8%
  • Kids' bikes with SureStop braking system that prevents over-the-handlebar accidents
  • Grew significantly after Shark Tank; became a leading kids' bike brand
  • Available direct-to-consumer and through select retailers
  • Won multiple safety and product design awards; expanded to full bike lineup for kids

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