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Re:

What Happened to Revolights After Shark Tank Season 5?

Revolights accepted a Shark Tank deal from Robert Herjavec, but closed in January 2019. The company cited personal and professional reasons and ended product support.
From TheFinanceBase Team2 min to read
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Revolights, the bicycle wheel-light company pitched by Kent Frankovich, accepted an offer from Robert Herjavec on Shark Tank, according to an episode recap. The company later closed in January 2019, citing personal and professional reasons and saying it could no longer support its products. Revolights is no longer manufacturing the lights.

What Revolights made

Revolights was a battery-powered LED lighting system mounted on bicycle wheels. Its front-wheel lights were presented as a headlight and its rear-wheel lights as a brake light. The lights clipped to the spokes and used magnets to stay positioned, according to the Shark Tank Blog recap.

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The recap describes an initial fit for 27-inch rims and says the company also sold wheels with lighting integrated. These are historical product details, not confirmation of present-day compatibility or availability.

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What deal did Revolights get on Shark Tank?

According to the Shark Tank Blog’s episode recap, Frankovich asked for $150,000 in exchange for 10% of the company. Daymond John offered $300,000 for 30%, while Kevin O’Leary proposed $150,000 with a royalty. Robert Herjavec then offered $300,000 for 10%, and Frankovich accepted.

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ABC cautions that appearing on Shark Tank does not mean ABC, the Sharks, or the producers endorse a product. Its official show page also warns that claims invoking the show can be misleading.

When did Revolights close, and why?

The recap reports that Revolights closed in January 2019. A customer notice reproduced there and signed “Kent and the Revolights team” said the company was closing for “reasons both personal and professional.” It also said the team could no longer provide product support because the company no longer had the resources.

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The statement does not give a more specific explanation. It does not establish that the Shark Tank deal failed, or identify competition, manufacturing problems, or insolvency as the cause.

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Can you still buy Revolights or get support?

Do not count on buying a new system from the original company or receiving ongoing manufacturer support: the closure notice said support would end. The current revolights.com site says it is a separate entity and no longer manufactures the lights. It should not be treated as an active store for the original product.

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If you need bicycle lighting now, look for current front-and-rear bike lights rather than assuming a replacement is compatible with Revolights. Check the specific product’s mounting, charging method, availability, and visibility claims before buying.

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What the recap reported about Revolights’ business

The following are historical figures reported in the Shark Tank Blog’s 2014 episode recap, not independently verified company filings or current figures:

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Reported figure Context
$600,000 in sales over a year The recap says sales were nearly all online.
$139 for a one-wheel light set; $229 for a front-and-rear set Historical prices, not current offers.
$100 cost for a complete set The recap said the company was not yet profitable while reinvesting in growth.
More than $215,000 in the first Kickstarter campaign; a little over $94,000 in a second Campaign totals reported by the recap.
$1 million in additional angel investment in 2014 Reported by the recap.

These figures do not establish Revolights’ current revenue, valuation, sales, or product prices.

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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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