Guardian Bikes Net Worth 2023 Update (Before & After Shark Tank)
Guardian Bikes, a children’s bike company, was started by Brian Riley and Kyle Jansen in July 2015. As of September 2023, Guardian Bikes net worth is $5 million. And they’re pulling in a whopping $1 million in annual revenue.
In April 2017, they appeared in season 8 of Shark Tank USA. And made a deal with Mark Cuban, $500,000 for 15% with contingency. The final valuation was $3.3 million, down from the founder’s initial estimate of $5 million.
In 2023, Guardian Bikes still appeared in business. If you want your child to ride the world’s safest bike, you can purchase it from Guardian Bikes. You can visit their official website and make your order online..
Guardian Bikes Net Worth
Net worth | $5 million |
Annual Sales Revenue | $1 million |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Shark Tank Investor | Mark Cuban |
Founder | Brian Riley and Kyle Jansen |
Employees | 7 employees |
Guardian Bikes Net Worth Timeline
Net Worth 2023 | $5 million |
Net Worth 2022 | $5 million |
Net worth valuation 2017 after appearing on Shark Tank | $3.3 million |
Net worth valuation 2017 before appearing on Shark Tank | $5 million |
Guardian Bikes Pitch on Shark Tank
Company name | Guardian Bikes |
Product | World’s safest children’s bike |
Episode | Season 08 Episode 21 |
Founders | Brian Riley and Kyle Jansen |
Asked for | $500,000 for 10% equity |
Final deal | $500,000 for 15% with contingency |
Shark | Mark Cuban |
Location | Irvine, California |
Guardian Bikes Founders
Guardian Bikes was founded by Brian Riley and Kyle Jansen in 2015. Brian Riley and Kyle Jansen were old friends. And they had this impressive idea of developing a safe bike for children while taking their children for a bike ride. Guardian Bikes’s founders, Brian Riley and Kyle Jansen, have a net worth of 5.1 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2017 | Appeared on Shark Tank season 8 and Mark Cuban invested $500,000 for 15% of equity |
2017 | Had a great recognition from customers around the world after appearing on shark Tank |
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 Guardian Bikes and its continued success.