Zuum Technologies is a company that produces electric Hover Shoes, a transportation device designed to help users easily reach nearby locations.
Electric scooters are currently trendy in America, and many people are adopting electric transportation devices. To stay ahead of this trend, Chico Guerra and Mason Buechler founded ZUUM Technologies in 2018.
The Hover Shoes are specially imported from China and sold under the ZUUM brand. The company launched a crowdfunding campaign on Kickstarter on January 22, 2019, raising $24,253.
To further fund the company, Chico and Mason appeared on Shark Tank (Season 11, Episode 10), seeking $125,000 for 20% equity at a $694,000 valuation.
Zuum’s Hover Shoes feature dual 350W Dynacore brushless motors and can support up to 7 lbs. They fully charge in 120 minutes and have a top speed of 12 kph. Priced at $250, the shoes are also available for purchase on Amazon.
| Company Name | ZUUM Technologies | |
| Founder | Chico Guerra and Mason Buechler | |
| Founded | 2018 | |
| Product | Electronics Technologies | |
| Asked For | $125k for 20% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode (Shark Tank USA) | S11 E10 | |
| Air Date | Jan 5, 2020 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Portland, Oregon, US | |
| Lifetime Worth (Sales) | $2M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of ZUUM?
Chico Guerra and Mason Buechler are the co-founders of ZUUM Technologies, which they launched in 2018.
Chico Guerra
Chico Guerra studied accounting at the University of Corban and later worked as a sales development representative at Deltek. He is currently working as a content consultant at TikTok.
What Happened To Zuum After Shark Tank?
ZUUM Technologies did not secure a deal on Shark Tank, as all the sharks declined to invest. The founders lacked their own manufacturer and did not have an exclusive product deal, which made the business less attractive to potential investors.
After the episode aired, several brands began launching their own hover-shoe products, increasing competition in this market.
As of August 2023, ZUUM’s Hover Shoes are still available for purchase on the company’s website. Co-founder Chico Guerra is currently working as a content consultant at TikTok.
Despite the exposure from Shark Tank, ZUUM Technologies saw limited sales afterward, and the company’s exact revenue remains undisclosed.
What Is the Net Worth of Zuum?
The current estimated net worth of ZUUM Technologies is $1,000,000. The company lacks an exclusive dealership for its Hover Shoes, leading to the emergence of several competitors in the market.
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 | N/A |
| 2022 | N/A |
| 2021 | N/A |
| 2018-19 | $25k *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| N/A | N/A | N/A |
ZUUM Technologies has been operating since 2018, though detailed information about its performance remains limited. The company’s headquarters are located in Portland, Oregon, with a team of 2 to 5 employees.
Yes, Zuum is still in business as of August 2023.
