Leaux Racing Trikes Shark Tank Update

Leaux Racing Trikes Shark Tank Pitch

Joe Hadzicki and Tyler Hadzicki appeared on Shark Tank Season 7, Episode 10, which aired on December 3, 2015, with adult speed tricycles.

Leaux Racing Trikes is listed in the Fitness Outdoors category. In plain terms, the business is described as adult speed tricycles.

Leaux Racing Trikes asked the Sharks for $120,000 for 20%, implying a valuation of about $600,000.

The source data lists no completed on-air deal for Leaux Racing Trikes.

This pitch is included as context for the more important question: what happened after Shark Tank.

Leaux Racing Trikes After Shark Tank

Leaux Racing Trikes left Shark Tank without an on-air deal, and follow-up reporting lists the company as out of business by 2016. (Leaux Racing Trikes Shark Tank Blog update

The company had some early proof of demand before the show through Kickstarter, raising more than $46,000 and producing roughly 130 trikes, but it still needed capital to expand production and quality control. (Leaux Racing Trikes Shark Tank Blog update

The central post-show problem appears to have been scale: Tyler Hadzicki was still personally testing units, production depended on a small manufacturing setup, and the Sharks questioned whether the product could move beyond a niche audience. (Leaux Racing Trikes Shark Tank Blog update

Later tracking says the Shark Tank exposure briefly revived interest and built a small fan base, but the business could not scale production or distribution and showed no public sign of revival by 2025. (Leaux Racing Trikes Shark Tank Tales update

Sources

Sources used for this page: Shark Tank API pitches