Ka ZAM Shark Tank Update
KaZam Balancing Bike's - Toys and Games
What Happened to Ka ZAM After Shark Tank
Is Ka ZAM still in business? Yes — still in business and thriving.
$5M
reported annual revenue
- Deal with Mark Cuban & Barbara Corcoran for $300K for 32% (Season 4)
- Featured in Sky Magazine and Oppenheim Toy Portfolio
- Expanded to bikes for different ages/skills plus accessories
- $5M annual revenue and $5M estimated net worth
- Products available on Amazon and through retailers
Last verified Apr 1, 2026.
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The Ka ZAM Shark Tank Pitch
Mary Beth Lugo of Virginia Beach, VA pitched Ka ZAM on Shark Tank Season 4, Episode 24, which aired Friday, May 10, 2013, asking for $300,000 for 20% of the company — a $1.5M valuation.
Barbara Corcoran and Mark Cuban teamed up and agreed to invest $300,000 for 32% equity, valuing the company at $937,500. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S4E24May 10, 2013
- Ask
- $300,000for 20%
- Ask Valuation
- $1.5M
Deal Terms
- Amount
- $300,000
- Equity
- 32%
- Valuation
- $937,500
Barbara Corcoran
Mark Cuban