Bumpeez Net Worth Shark Tank Update 2025

Going to amusement parks is a dream for every child. The rides, the games, and the fun are unforgettable. But what happens when a child is too short to ride? The disappointment is real. Israel Schaya knows this feeling all too well. As a child, he was often too short for many rides. Years later as a father of six, he saw his own kids face the same problem.

Long lines, big crowds, and height restrictions made amusement park visits less fun. This inspired him to create a solution. Along with his partner Michael Bergida, they developed Bumpeez. 

Bumpeez is an at-home bumper car that brings the thrill of amusement parks to the living room. It features an inflatable character, colorful lights, and music. The car is designed for kids as young as 18 months including those with disabilities. It runs on a rechargeable battery and inflates at the push of a button. When playtime is over it deflates for easy storage. Safety features include a five-point harness adjustable speed settings and a parental remote. 

In Shark Tank Season 16 Michael and Israel sought $100000 for 10% equity in Bumpeez. They aimed to find a strategic partner to help with licensing deals and retail partnerships. After their pitch, they secured a deal with Robert Herjavec and Barbara Corcoran for $100000 for 15% equity plus a $5 royalty until 50000 units are sold. This article will explore the journey of Bumpeez from its inception to its appearance on Shark Tank and its current status.

Bumpeez Net Worth Shark Tank Update 2025

Michael and Israel were looking for an investment of $100k in exchange for 10% equity in the company. At the time of the episode, they valued their company at $1 million. Michael and Israel successfully secured a deal with Robert and Barbara for an investment of $100k for 15% equity in the company, plus a $5 royalty until 50,000 units are sold. The investment adjusted the company’s net worth to around $667k. After the show aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Bumpeez in 2025 is around $2.66 million.

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Shark(s) nameOffer & DemandCounterofferAccepted?
Robert Herjavec and Barbara 1# $100,000 for 25% equity

2# $100,000 for 15% equity 
$100k for 15% equity + a royalty of $5 per unit until 50k units are soldYes
Lori GreinerOutN/AN/A
Kevin O’Leary1# $100,000 for 30% equity

2# $100,000 for 25% equity 
N/ANo
Barbara Corcoran $100,000 for 10% equityN/AN/A
Mark CubanOutN/AN/A

Michael and Israel Backstory + Their Initial Pitch

The founder of the Bumpeez company, Israel Schaya has a great interest in amusement parks and it all began in his early childhood. But he was always too short for most of the rides and he could not enjoy them which made him feel bad. Years later being a father of six he saw his own children face the same disappointment. The height of the rides and the lines were common issues.

This gave him a tip to make a solution so that the kids could have fun with bumper cars at home. 

Michael Bergida became a partner of Israel in this venture. The duo designed & brought to life Bumpeez. The product is an electric ride-on toy with a self-inflating feature. It brightens its colors and plays some music while the child has fun with it. The car has been made for kids starting from 18 months and it is already equipped with safety gadgets like a five-point harness and speed settings that parents can set. A parental remote provides an extra layer of safety. 

The main company is working with Amazon and Bumpeez is on sale there at the price of $149.99. The manufacturing cost is $52 for every unit. In only 9 months the entrepreneurs managed to sell $520000 worth of Bumpeez. In fact, Israel and Michael had previous experience in building a successful Amazon pet and toy business where they earned $7 million.

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However, they were eager to take Bumpeez to a wider market. They required a strategic partner to assist with the licensing and retail agreements.

Queries + Shark’s Responses and Final Deal

The sharks of Shark Tank sought various clarifications about Bumpeez when the company made its presentation. Kevin O’Leary inquired whether the market already contained such a product. Lori Greiner wanted evidence that the company merely integrated an inflatable figure into standard ride-on vehicles. Both the designers’ patented rights and functional patents had been confirmed by the entrepreneurs.

Kevin O’Leary offered $100,000 for 10% equity. At that moment Michael and Israel waited to confirm additional sharks would join the investment process. By making this strategic mistake Barbara and Robert were compelled to withdraw their initial deal with the entrepreneurs.

Realizing their mistake the entrepreneurs quickly countered with a $5 royalty per unit for the first 50000 units. Barbara and Robert returned with a new deal: $100000 for 15% equity plus the $5 royalty. This time Michael and Israel accepted.

Product Availability

Bumpeez customers can find the products through the Bumpeez website as well as Amazon. The product is priced at $149.99. The product series includes two distinct versions which are the Dino and Unicorn-themed designs. The Shark Tank Bundle provides customers with a discounted deal that includes both product options. The company maintains powerful digital operations and develops more retail relationships across its network.

What Happened To The Bumpeez After Shark Tank?

The Shark Tank appearance triggered a substantial increase in the sales figures for Bumpeez products. Each month Amazon customers buy approximately 400 units of Bumpeez products. The Shark Tank Bundle has achieved remarkable success as customers exhibit strong interest in this special bundle. The company has attracted recognition both inside and outside its industry. The Toy Association chose the product as one of their Top 25 Toys for STEAM category.

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Through forming a partnership with Barbara Corcoran and Robert Herjavec the company gained both licensing agreements and retail business connections. The firm’s market foundation continues to increase while it grows its presence across different sectors. The company Bumpeez remains operational today while achieving strong business success.

Conclusion

Bumpeez represents an inventive toy device that enables amusement park entertainment in home settings. Israel Schaya and Michael Bergida designed Bumpeez which solves the Universal issue of shorter children not being able to ride amusement park attractions. The product includes an inflatable figure with bright LEDs and entertainment components.

The product has special features including a remote control system and a five-point harness for safety purposes and supports children from 18 months old.

On Shark Tank Season 16 Michael and Israel sought $100000 for 10% equity. They secured a deal with Barbara Corcoran and Robert Herjavec for $100000 for 15% equity plus a $5 royalty until 50,000 units are sold. Since appearing on the show Bumpeez has seen a significant boost in sales. It has gained industry recognition and continues to grow. The company is still in business as of 2024 and is thriving with the help of its Shark Tank partners.