Leaux Racing Trikes on Shark Tank

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Leaux Racing Trikes makes recumbent tricycles designed for comfortable, stable, low-to-the-ground riding. They are aimed at recreational riders and people who want a stable alternative to traditional bikes with less strain on the back.

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⏱ Leaux Racing Trikes in 30 seconds

  1. The ask$120K for 20%Valued at $600K
  2. In the tankNo dealWalked out without a Shark
  3. After the showWent it alone
  4. TodayClosedThe company went out of business in 2016, shortly after its episode a…

Leaux Racing Trikes Shark Tank deal

Asked for
$120,000 for 20%
Asking valuation
$600K
Result
No deal
Founders
-
From
-
Aired
Dec 4, 2015

Would you have invested in Leaux Racing Trikes?

The pitch

The founders pitched Leaux Racing Trikes in Shark Tank Season 7, Episode 10 (aired Dec 4, 2015). They asked for $120,000 in exchange for 20% equity, valuing the business at $600K. They left the Tank without a deal.

What happened to Leaux Racing Trikes after Shark Tank?

Out of business

Leaux Racing Trikes appears to be out of business (The company went out of business in 2016, shortly after its episode aired.).

Sources (1)
  1. sharktankblog.com/business/leaux-racing-trikes
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Frequently asked questions

Did Leaux Racing Trikes get a deal on Shark Tank?

No. Leaux Racing Trikes did not get a deal on Shark Tank after asking for $120,000 for 20%.

Is Leaux Racing Trikes still in business?

Leaux Racing Trikes appears to be out of business (The company went out of business in 2016, shortly after its episode aired.).

What season and episode was Leaux Racing Trikes on Shark Tank?

Leaux Racing Trikes appeared in Season 7, Episode 10, which first aired on December 4, 2015.

Where can I buy Leaux Racing Trikes?

Search for Leaux Racing Trikes on Amazon or major retailers; availability varies.

What was Leaux Racing Trikes's valuation on Shark Tank?

The founders valued Leaux Racing Trikes at $600,000 when they entered the Tank.

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