VibeRide is a sporting goods manufacturing brand specializing in longboard brakes, brakeboards, brake kits, e-scooters, and e-boards. A single brakeboard costs $249, while brake kits are priced at $169. They are also set to launch electric scooters, expected to be priced around $499.
All these products are available for purchase on the company website, which offers 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
How Was The Shark Tank Pitch Of VibeRide?
Carson, Charlie, and Chris, three college friends, sought $250,000 for 10% equity in their company, which was valued at $2.5 million. Their Pro Brake Kit retails for $149, while their full board is priced at $259.
The medium-full board costs $189, and the cheapest board ranges from $129 to $139. The margin on all their products is 63%, with brake kits making up 50% of sales. They hold six utility patents.
Charlie has been involved in various businesses since he was 14, including flipping T-shirts, scooters, and affordable camera drones. In the camera drone business, he formed 23 teams and sold drones worth approximately $15 million. He has invested $1.2 million in this business and acquired the patent for the longboard brake system for $450,000.
Mark Cuban immediately offered $250,000 for 15% equity, with a yes-or-no offer. Charlie countered with $350,000 for 15% equity.
Mark then revised his offer to $250,000 for 12% equity, with an option for additional cash in the future. Charlie countered at $265,000 for 12% equity, but Mark maintained his offer of $250,000 for 12% equity. Charlie eventually 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 |
What Is VibeRide’s Net Worth?
VibeRide’s net worth is estimated at $2.6 million, based on the company’s lifetime sales and current valuation. The headquarters of VibeRide is located in Salt Lake City, Utah, United States, and it employs 2-10 people.
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 |
