Guardian Bikes: What Happened After Shark Tank

Guardian Bikes: What Happened After Shark Tank

Guardian Bikes offers the safest children’s bikes on the market — each equipped with Riley’s SureStop braking system.  After appearing on ABC’s Shark Tank, Guardian Bikes has been able to significantly increase its distribution and expand the company.

With a Guardian Bike, your little one can stop with ease as the lever allows them to control both front and rear brakes. This way, you don’t need to worry about their safety – they won’t go flying over the handlebars!

With this system, you can rest assured that your front and rear hand brakes are equally applied. We offer a variety of sizes and styles to meet needs at prices from $ 330 – $ 420.

This company is dedicated to creating safer cycling products for children, and they impressed the sharks with their innovative designs and impressive statistics. So what happened after the show? Did they get a deal with one of the sharks? And more importantly, did they make any money?

What Is Guardian Bikes?

Guardian Bikes is a cutting-edge and safe braking device that keeps bicycles safe from serious accidents [1].

SureStop technology has been shown to be safe and useful for both children and adults riding bicycles.

The business developed a braking mechanism that is installed on their bikes to prevent wheel lock and falls over the handlebar.

Other ergonomic design features contribute to their capacity to keep riders safe.

After the founders’ grandpa injured many vertebrae in a cycling accident, Brian Riley and Kyle Jansen developed the patented SureStop braking mechanism.

To prevent brake-related accidents, the SureStop braking system employs one lever instead of two and operates by first applying braking to the rear wheel and then dynamically applying it to the front wheels.

Guardian Bikes, based in Irvine, California, was formed in 2015 with the goal of creating safe bicycles for children aged six to twelve years old that used their patented SureStop braking technology.

What Is Guardian Bikes?

Guardian bikes, as you would be able to tell by now, is for children learning how to ride a bike. The braking system on the bike is exceptional and helps new learners control their bike when riding it for the first time.

The PR strategy and marketing campaigns target both kids and parents because parents are the ones ultimately making the decisions for their kids.

Who Is The Founder Of Guardian Bikes?

The product was developed by Brian Riley and Kyle Jansen with the help of their one-of-a-kind Sure stop Brake system, all Guardian bicycles are using this system to keep you in balance for all your rides up ahead [2].

The development of the brake system started in 2013 after two years the company you know was born. But the reason to start was a learning lesson for the founder as it was a solution to a tragedy faced by his grandfather due to an accident. The USP of the product is the Sure stop Brake system that helps you to brake twice instead of once to prevent you from having a ghastly fall.

Guardian Bikers Before Shark Tank

Brian Riley and Kyle Jansen founded Guardian Bikes to improve and secure the world of bicycling. 

One of their revolutionary features is their ground-breaking braking system, which uses brakes on the rear wheels first and works its way to the front wheels, preventing head-over-handlebar crashes like nearly killing one of the owners’ grandfathers’ fractured many vertebrae [3].

Before Shark Tank, its focus was selling its braking system and pads to other bike companies. Plans were afoot to start manufacturing their bikes, but additional funding will be needed to pursue this venture.

Guardian Bikes On Shark Tank: The Pitch

There are three models to choose from. A single-speed, twenty-inch bike costs $ 319. The price of a twenty-inch six-speed bike is $ 399, and a twenty-four-inch seven-speed bike is $ 419.

The SureStop braking system is standard on all models and comes “99 percent assembled”.

Brian and Kyle are looking for $ 500,000 for a 10% stake in their company.

Who Is The Founder Of Guardian Bikes?

They relate their narrative and demonstrate how the brake mechanism works to the Sharks.

Mr. Wonderful wonders why they went into bike production rather than just licensing the technology. Chris Sacca likes it.

Barbara is the first Shark to leave; she believes they are in need of a skilled salesperson. Kevin offers $ 500,000 in exchange for 20% of the business if they stop making bikes [4].

Kevin leaves when Brian and Kyle turn their attention to the other Sharks.

Chris and Lori are the next to arrive.

Mark makes a $ 500,000 offer with three conditions: the technology is unique, they meet sales targets, and they hire an in-house public relations expert. They agree!

Guardian Bikes Now

The Guardian Bikes look to be in great shape. Guardian Bikes now has a much stronger internet presence thanks to a financial infusion from Mark Cuban and the hiring of a public relations specialist.

The agreement with Mark was completed, and Guardian achieved its objectives. The company is up for business and doing well as of May 2021 [5].

They haven’t ventured into the adult bicycle market yet. The annual revenue is estimated to be approximately $ 1 million. 

The Net Worth Of Guardian Bikes

Guardian Bikes is definitely in business and profitable and has seen a massive increase in revenue and valuation. The first 12 months of the business saw $ 350,000 in sales projections and reached their Million dollar mark in 2016 and currently is close to $ 5 million.

The future for this dreamful pair is to introduce and spread awareness about the safety of bikes by introducing safe bicycles for kids and improving technology. They were also venturing into the adult bicycles market [6].

SureStop braking systems tied up with Schwinn to deliver Candis, model, to introduce budget bikes in adult sizes and available at Walmart. This move generated a better market valuation and a bright future for Guardian Bikes.


FAQ:

  1. Are Guardian Bikes made in China?

No, Guardian Bikes are not manufactured in China. Instead, they’re designed and built right here in the United States – specifically in San Diego, California!

  1. Are Guardian Bikes lightweight?

Yes, Guardian Bikes are designed to be lightweight and easy to transport. In fact, they weigh just 13 pounds – making them some of the lightest bikes on the market today. Thanks to their compact size, they’re also ideal for urban commuters who need a bike that can easily fit in their office or car trunk. Whether you’re looking for a reliable transportation option or simply want an accessory that adds a bit of style to your daily commute, Guardian Bikes are a great choice.

Are Guardian Bikes lightweight?

  1. Where do Guardian Bikes ship from?

Guardian Bikes are shipped directly from San Diego, California. Orders typically take 2-3 business days to be processed and then another 2-5 business days for delivery via UPS or FedEx. If you need your bike sooner, you can also opt for expedited shipping for an additional fee [7].

If you’re looking for a high-quality, lightweight bike that’s easy to transport, look no further than Guardian Bikes. Designed and built right here in the United States, these innovative commuter bikes are perfect for urban riders who want a reliable but stylish way to get around town.

  1. Do Guardian Bikes have pedal brakes?

Yes, Guardian Bikes come equipped with both front and rear pedal brakes. This gives you the ultimate control over your bike – letting you quickly and easily in any situation. Whether you’re navigating city streets or taking on challenging trails, Guardian Bikes have everything you need to stay safe and in control [8].

  1. Did Mark Cuban invest in Guardian Bikes?

No, Mark Cuban did not invest in Guardian Bikes. He was one of several investors who appeared on the popular TV show Shark Tank to hear pitches from various startups and entrepreneurs. While he did not choose to invest in Guardian Bikes, the company has continued to grow and thrive over the years thanks to its high-quality products and affordable prices.

Useful Video: From Shark Tank to Sustainable Success: The Evolution of Guardian Bikes


References:

  1. https://bizzbucket.co/guardian-bikes-shark-tank-update
  2. https://seoaves.com/guardian-bikes-shark-tank-update
  3. https://guardianbikes.com/blogs/around-the-block/what-is-it-like-working-with-mark-cuban-after-shark-tank-1
  4. https://www.sharktanksuccess.com/guardian-bikes-review
  5. https://gazettereview.com/2018/01/guardian-bikes-after-shark-tank-update
  6. https://www.sharktankblog.com/business/guardian-bikes
  7. https://biznewske.com/guardian-bikes-shark-tank-update