Ka ZAM

KaZam Balancing Bike's - Toys and Games

Ka ZAMDealFitness & SportsVirginia Beach, VAby Mary Beth LugoS4E24

Pitch Details

Season / Episode

S4E24

May 10, 2013

Ask

$300,000

for 20%

Ask Valuation

$1.5M

Deal

$300,000

for 32%

Watch the Pitch

Deal Terms

Amount$300,000
Equity32%
Valuation$937,500
Barbara CorcoranBarbara CorcoranMark CubanMark Cuban

What Happened Next

Thriving

$5M

reported

  • 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

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KaZAM Classic Balance Bike

KaZAM Classic Balance Bike

Patented footrest balance bike that teaches kids to ride without training wheels. No pedals design builds confidence and coordination.