Linka, a Smart bike lock, was started by Mohamed Mohamed. The company launch date is unknown. As of November 2023, Linka’s net worth is $2.5 Million and they’re pulling in a whopping $4 Million in annual revenue.
On February 26, 2016, they appeared on Season 7 of Shark Tank USA seeking $250,000 for 10% equity valuing the company at $2.5 Million. However, the Sharks were not interested in investing in Linka. Sharks stated that the competition would be the issue. So the founder had to walk empty-handed.
Linka Smart Bike Lock is growing at a steady pace to provide much-needed smart security to bikers and the company is still in business. Their products are available on the Website.
Linka Net Worth
Net worth | $2.5 Million (Business Valuation) |
Annual Sales Revenue | $4 Million (2022) |
Profits | – |
Lifetime sales | – |
Investor | – |
Founder | Mohamed Mohamed |
Employees | 50 |
Linka Net Worth Timeline
Net Worth 2023 | $2.5 Million |
Net Worth 2022 | $2 Million |
Net Worth 2021 | $1.5 Million |
Net Worth 2020 | $1 Million |
Net worth valuation in 2016 before appearing on Shark Tank | $2.5 Million |
Linka Pitch on Shark Tank
Company name | Linka |
Product | Smart bike lock |
Episode | Season 07 Episode 20 |
Founder | Mohamed Mohamed |
Asked for | $250,000 for 10% equity |
Final deal | No deal |
Sharks | None |
Location | Haight St, San Francisco, California |
Don’t miss these products from Season 7
Linka Founder
Linka was founded by Mohamed Mohamed. The company launch date is unknown. He is a bike rider. He also has a background in mechanical engineering. Linka’s founder, Mohamed Mohamed’s net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2017 | Linka Lock has received the iF Design Award, TAIPEI CYCLE d&i Awards 2017 |
2016 | Linka appeared 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 Linka and its continued success.