VibeRide is a sporting goods manufacturing brand that sells longboard brakes, brakeboards, brake kits, e-scooters, and e-boards. A single brake board costs $249, while brake kits cost $169. They are soon launching electric scooters, which may cost $499.
You can buy all these products from the company website, and they offer worldwide shipping.
| Company Name | VibeRide | |
| Founder | Carson MacDonald, Charlie Cannon, and Chris Goodhue | |
| Founded | 2022 | |
| Product | Innovative Skateboard Break Technology | |
| Asked For | $250k for 10% equity | |
| Final Deal | $250k for 12% equity | |
| Shark |  Mark Cuban | |
| Episode (Shark Tank USA) | S15 E10 | |
| Air Date | Jan 12, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Salt Lake City, Utah, USA | |
| Lifetime Worth (Sales) | $600k *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
The co-founders of VibeRide Business are Carson MacDonald, Charlie Cannon, and Chris Goodhue. They officially launched this business in 2022. Charlie previously ran an Affordable Drone Business named EXO Drones. OpenStore acquired EXO Drones for $2.9M in 2022.
How Was The Shark Tank Pitch Of VibeRide?
Carson, Charlie, and Chris, these three college friends, asked the Sharks for $250,000 for 10% equity at a $2.5 million valuation. The retail cost for their Pro Brake Kit is $149, and the full board is $259. The medium-full board costs $189, and the cheapest board costs around $129 to $139 at retail.
The margin in all their products is 63%, and 50% of sales are from brake kits. They currently have 6 utility patents.
Charlie has been involved in multiple businesses since the age of 14, including flipping T-shirts, flipping scooters, and affordable camera drones. In the affordable camera drones business, he formed 23 teams and sold camera drones worth approximately $15 million.
Charlie has invested $1.2 million in this business so far. He acquired the patent for the all-longboard brake system by paying $450,000.
Mark Cuban immediately offered $250k for 15% equity, and it was a yes or no offer. Charlie countered Mark with $350k for 15% equity. Mark countered with $250k for 12% equity, and if cash is required in the future, then he would add it.
Charlie countered at $265k for 12% equity but Mark remained at $250k for 12% equity, so Charlie finally accepted Mark’s offer.
Sharks Offers list!
| Sharks | Offers |
|---|---|
 Daymond John | No Offer |
 Kevin O’Leary | No Offer |
| Mark Cuban | $250k for 15% equity (#1) $250k for 12% equity (#2) |
 Candace Nelson | No Offer |
 Lori Greiner | No Offer |
| Founder’s (Countered) | $350k for 15% equity (#1) $265k for 12% equity (#2) |
| Final Deals | $250k for 12% equity |
VibeRide Shark Tank Update
Currently, not much information related to this business is available. If we get any information, we will update it in this post.
What Is VibeRide’s Net Worth?
VibeRide’s net worth is estimated to be $2.6 million, and this data is based on the company’s lifetime sales and current valuation.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2023 | $600k *estimated |
| 2022 | $ *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2023 | $250k | Mark Cuban |
The headquarters of this business is in Salt Lake City, Utah, United States, and it has 2-10 employees working there.
