KaZam

KaZam

Deal

Balancing Bike's - Toys and Games

KaZam, the balancing bike's - toys and games, landed on the national radar after pitching the sharks in Season 4, and convinced Barbara Corcoran and Mark Cuban to invest.

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From the show

The Shark Tank pitch

$300K
Asked for
20%
Offered equity
$1.5M
Sought valuation
$300K
Deal amount
32%
Deal equity
$938K
Deal valuation

Mary Beth Lugo faced the sharks in Season 4, Episode 24 in the episode that aired May 10, 2013, bringing their Virginia Beach, VA business with them. KaZam, the balancing bike's - toys and games, pitched in the Sports & Outdoors category, one of 154 sports & outdoors businesses to brave the Tank across all 17 seasons.

They came in asking $300,000 in exchange for 20% equity, putting a $1.5M valuation on the business.

Barbara Corcoran and Mark Cuban teamed up at $300,000 for 32% equity. That priced the company at $938K, a haircut from the $1.5M the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 4, 52 of 103 pitches ended in a handshake. In the Sports & Outdoors category overall, roughly 64% of pitches have landed a shark across the show's history.

Is KaZam still in business?

Read our 2026 update on where the company is now.

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Check today's price and availability before it swims away.

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Frequently asked questions

Where can I buy KaZam?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did KaZam get a deal on Shark Tank?

Yes. KaZam closed a deal for $300,000 in exchange for 32% equity, with Barbara Corcoran and Mark Cuban.

Which shark invested in KaZam?

Barbara Corcoran and Mark Cuban invested in KaZam ($300,000 total as aired).

What season of Shark Tank was KaZam on?

KaZam appeared in Season 4, Episode 24, which aired May 10, 2013.

How much was KaZam asking for on Shark Tank?

The founders asked for $300,000 for 20% of the company, a $1.5M valuation.

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