They tell their story and show the Sharks how the braking system works. Will a Shark give this business a ride? Guardian Bikes Shark Tank Recapīrian and Kyle enter seeking $500,000 for 10% of their business. The company likely wants a Shark’s help with ramping up production and getting into mass retail outlets. All models ship “99% assembled” and feature the SureStop braking system. Twenty inch 6 speed bikes are $399 and twenty-four inch, seven speed bikes cost $419. A twenty inch, single speed bike costs $319. So far, they have bikes for sale in dozens of shops nationwide. He realized that when his SureStop customers weren’t putting the brakes on kids’ bikes. Riley believes kids’ bikes are an underserved market. Guardian Bikes launched at the Interbike trade show in Las Vegas in September, 2015. This reduces the probability of a wipeout and injuries. The secret to the brakes is when you squeeze a hand brake, equal force is applied to both the front and rear brakes.
The business is an offshoot of Riley’s SureStop business which supplies bicycle brake components to other bike manufacturers. Brian Riley and Kyle Jansen introduce the Sharks to Guardian Bikes, the world’s safest kids bikes, in Shark tank episode 823.
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