Bumpeez Shark Tank

Bumper Cars

Bumpeez Shark Tank

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Table of Contents

Inspiration Behind Bumpeez

Michael and Israel’s inspiration for Bumpeez stemmed from personal experiences at amusement parks, where height restrictions often prevented their children from enjoying certain rides. Determined to recreate that thrill at home, they developed Bumpeez—a 12V electric ride-on toy tailored for toddlers and young children aged 18 months to 7 years . The toy features a self-inflating character, colorful lights, music, and a remote control for parental guidance. Safety is paramount, with a five-point harness and adjustable speed settings ensuring secure play.

Bumpeez Shark Tank

Summary

Bumpeez is a patented at-home bumper car for children aged 18 months to 7 years. Entrepreneurs Michael Bergida and Israel Schaya sough $100,000 for 10% equity.

Michael and Israel secured a deal with Robert Herjavec and Barbara Corcoran for $100,000, 15% equity, and a $5 royalty per unit until 50,000 units are sold.

Since appearing on Shark Tank, Bumpeez has received industry recognition, securing a place among The Toy Association’s top 25 toys for STEAM.

Robert Herjavec and Barbara Corcoran
Accepted offer of $100,000 for 15% equity plus $5 royalty until 50,000 units sold
Kevin O’Leary
$100,000 for 25% equity
Mark Cuban
No offer
Lori Greiner
No offer

Bumpeez Shark Tank Experience

Bumpeez Shark Tank Pitch

During their Shark Tank presentation, Bergida and Schaya sought an investment of $100,000 in exchange for 10% equity in Bumpeez. They highlighted impressive sales figures, with $520,000 in revenue over nine months, primarily through Amazon, where each unit sold for $149.99 with a production cost of $52.

Pitch Summary

Season and Episode
Season 16, Episode 11
Air Date
February 7, 2025
Entrepreneurs
Michael Bergida and Israel Schaya
Product
Bumpeez is a patented at-home bumper car featuring an adorable self-inflating character, combining the thrill of a ride-on car with the magic of beloved characters. The product includes safety features such as a five-point harness and parental remote control, ensuring a fun and secure experience for children.
Investment Sought
$100,000
Equity Offered
10%
Valuation
$1 million
Initial Sales
2024 Sales (Year-To-Date): $520,000, projected to hit $1 million. 2025 Sales (Projection): $2.2 million
Retail Plans
The founders expressed interest in forming strategic partnerships to assist with product licensing and expanding into big-box retail stores.
Final Deal
Barbara Corcoran and Robert Herjavec offered $100,000 for 15% equity, along with a $5 royalty per unit until 50,000 units were sold.

*After the filming of a Shark Tank episode, investments are subject to thorough audits and evaluations. During this time period, the terms of the investment can be altered or canceled by either party. As a result, the deals presented on the show may not always come to fruition for various reasons. This site does not guarantee the accuracy of any final investment figures.

Post-Show Developments

Following their appearance on Shark Tank, Bumpeez gained significant attention. The product was recognized by The Toy Association as one of the top 25 toys for STEAM (Science, Technology, Engineering, Arts, and Mathematics), highlighting its educational value.  This recognition, combined with the exposure from the show, has positioned Bumpeez for continued success in the children’s toy market.

Bumpeez Shark Tank

Product Features

Bumpeez is a 12V electric ride-on toy designed for toddlers and young children, typically ranging from 18 months to 7 years old. Key features include: 

  • Self-Inflating Character: An adorable character that inflates at the push of a button, adding a fun visual element to the ride. 
  • Safety Harness: A five-point harness ensures the child’s safety during play. 
  • Parental Remote Control: Allows parents to control the bumper car, ensuring safe operation. 
  • Adjustable Speed Settings: Provides flexibility for different age groups and skill levels.
  • Easy Storage: The car deflates for convenient storage when not in use.
Bumpeez Shark Tank

Final Thoughts

Bumpeez has successfully transformed a classic amusement park experience into a home-friendly format, offering children a safe and delightful ride. With its innovative features and the backing of seasoned investors, Bumpeez is poised to become a staple in children’s entertainment.

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FAQs

What is Bumpeez?

Bumpeez is a patented at-home bumper car designed for children aged 18 months to 7 years, featuring a self-inflating character, LED lights, music, and a parental remote control for safety.

How does the self-inflating character work?

At the push of a button, the inflatable character on Bumpeez inflates, adding an interactive and fun element to the ride.

What safety features does Bumpeez include?

Bumpeez is equipped with a five-point harness, adjustable speed settings, and a parental remote control to ensure a safe experience for children.

Where can I purchase Bumpeez?

Bumpeez is available for purchase on their official website and on Amazon.

What was the outcome of Bumpeez’s Shark Tank appearance?

On Shark Tank Season 16, Episode 11, Bumpeez secured a deal with Robert Herjavec and Barbara Corcoran for $100,000, 15% equity, and a $5 royalty per unit until 50,000 units are sold.