Aaron Powell founded Bunch Bikes in 2017, offering electric cargo bikes designed for families. In 2021, he appeared on Shark Tank, securing a deal with Barbara Corcoran for a $100,000 investment and a $150,000 loan in exchange for 15% equity.

This partnership significantly boosted the company’s growth. By 2023, Bunch Bikes achieved an estimated net worth of $2.4 million, generating approximately $4 million in annual revenue.


The company continues to expand its product line and remains a prominent player in the electric cargo bike market.

 

Bunch Bikes Net Wort

Net worth$2.4 million (2025)
Annual Sales Revenue$4 million (2025)
Lifetime salesNot publicly available
InvestorBarbara Corcoran
FounderAaron Powell
Employees50 employees

Bunch Bikes Pitch on Shark Tank

Company nameBunch Bikes
ProductBikes with baskets for the whole family to ride
EpisodeSeason 12 Episode 18
FounderAaron Powell
Asked for$250,000 for 10% equity
Final deal$150,000 for 15% equity
Shark Barbara Corcoran
LocationDallas-Fort Worth Metroplex, Texas, US

Don’t miss these products from Season 12

Bunch Bikes Founder

Bunch Bikes was founded by Aaron Powell in 2015. He is also the company’s CEO. He saw how these bikes allowed families to bike together, and he wanted to bring that same experience to the United States. Powell launched Bunch Bikes in 2015 with a single product, the Preschool Electric Bicycle. The bike quickly became popular among daycares, preschools, and large families. Bunch Bikes’s founder, Aaron Powell, has a net worth of $3 million as of 2025.

Key accomplishments

YearAccomplishment
2019Launches the Adventure Cargo Bike.
2021Appeared on Shark Tank season 12 and Barbara Corcoran invested $150,000 for 15% equity.
2022Recalls a small number of its Preschool Electric Bicycles due to lead paint concerns.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Bunch Bikes and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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