"Tngnt Ski Bike" Net Worth 2023 Update

Tngnt Ski Bikes, founded by Scott Carr and Bill Pierce, appeared on Shark Tank Season 14. The duo secured a $200,000 investment from Robert Herjavec for 40% equity, valuing the company at $500,000. Since then, Tngnt has experienced substantial growth.

Their innovative ski bikes, designed for ease, strength, and flexibility, have gained traction among winter sports enthusiasts. As of 2024, Tngnt Ski Bikes’ net worth is estimated at $1.7 million and $5.2 million annual revenue. The company has expanded its product line, improved durability, and enhanced design features based on customer feedback.

Tngnt’s products are now available for shipment across the United States and Canada, and they are exploring international markets for further growth.

Tngnt Ski Bike Net Worth

Estimated Net worth$1.7 million
Annual Sales Revenue$5.2 million (2023)
Lifetime salesNot publicly available
InvestorRobert Herjavec
FounderScott Carr and Bill Pierce
Employees5-10

Tngnt Ski Bike Pitch on Shark Tank

Company nameTngnt Ski Bike
ProductSki bike brand 
EpisodeSeason 14 Episode 17
Founders Scott Carr and Bill Pierce
Asked for$200,000 For 20% Equity
Final deal$200,000 For 40% Equity
Shark Robert Herjavec
LocationBluefidley, Utah

Don’t miss these products from Season 14

Tngnt Ski Bike Founders

Tngnt Ski Bike was founded by Scott Carr and Bill Pierce in 2014. Scott is an avid mountain biker who has been riding since the early 1980s. Bill is an engineer with a background in professional design and aerospace technology. Tngnt Ski Bike’s founders, Scott Carr and Bill Pierce, have a combined net worth of over $1.7 million as of 2024.

Key accomplishments

YearAccomplishment
2021Won the Red Dot Design Award for the Tngnt Switch.
2022Sponsored the first-ever Ski Bike World Championships.
2023Appeared on Shark Tank season 14 and Robert Herjavec invested $200,000 For 40% Equity.

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 Tngnt Ski Bike 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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