ZUUM Technologies Net Worth Shark Tank Update 2025

Moving around in cities can be tough. Traffic jams, crowded buses, and busy streets make it hard for many people to get to work or school on time. Walking long distances is tiring, and bikes or scooters are not always easy to carry or store. People want faster and cooler ways to move around, but they also want something small and easy to use. Electric skateboards and scooters became popular because they help people travel short distances quickly.

But they are often big, heavy, and hard to carry into offices or schools. Many people wish they had something fun, portable, and electric to ride. That’s where ZUUM comes in.

Chico Guerra and Mason Buechler thought they had the answer to this problem. They created ZUUM skate shoes, which are self-balancing electric shoes with one wheel under each foot. Their shoes are like a mix of a skateboard and roller skates. The idea was to let people “zoom” around the city with ease. They wanted to make something small and fast that could fit in a backpack. Chico and Mason believed they had a fun and practical solution.

They took their idea to Shark Tank Season 11, hoping to get help from the sharks. They showed off their cool electric shoes and impressed the sharks with their riding skills. But when the sharks started asking questions about the business, things went downhill quickly. The episode was exciting, but it also showed how hard it can be to turn a fun idea into a successful business.

ZUUM Technologies Net Worth Shark Tank Update 2025

Chico and Mason were looking for an investment of $125k in exchange for 20% equity in the company. At the time of the episode, they valued their company at $625k. They did not secure a deal with any of the sharks. After the show was aired, the company experienced a small boost in exposure. As per my rough estimate, the current net worth of ZUUM Technologies is around $400k.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Mark Cuban	Out	N/A	No
Lori Greiner	Out	N/A	No
Barbara Corcoran	Out	N/A	No
Robert Herjavec	Out	N/A	No
Kevin O’Leary	Out	N/A	No

Chico Guerra and Mason Buechler Backstory + Their Initial Pitch

Chico Guerra and Mason Buechler were two young entrepreneurs who loved technology and fun gadgets. They wanted to create something new for people who wanted a cool way to move around the city. They saw how people loved electric scooters and boards, but these were often big and hard to take everywhere. They wanted something smaller, lighter, and more exciting.

They came up with ZUUM skate shoes, which looked like regular shoes but had a self-balancing wheel underneath. Their idea was to give people a unique way to travel short distances.

When they first started working on ZUUM, they faced many challenges. They needed a good design so people could ride safely. They had to test different prototypes to make sure the shoes were easy to balance and control. They also had to figure out how to make them light enough to carry but strong enough to hold an adult’s weight. Another big challenge was finding a manufacturer who could build the shoes at a price that allowed them to make a profit.

Chico and Mason raised money on Kickstarter to see if people were interested in their product. They managed to raise $25,000, which helped them make the first batch of skate shoes. When they felt ready, they went to Shark Tank to get help. They asked for $125,000 in exchange for 20% of their company. They wanted the money to improve production, advertise their shoes, and sell more units.

On Shark Tank, they entered the stage riding their ZUUM shoes and showed some cool moves. The sharks were excited to see them ride and thought it looked fun. Chico and Mason then invited Robert Herjavec to try the skate shoes himself. Robert had a good time, but he also found it hard to stop, which worried the sharks a little.

Chico and Mason told the sharks their shoes cost $139 to make, and they planned to sell them for $299. They believed the price was affordable compared to other electric transportation options. But as the conversation continued, the sharks started asking tough questions.

Queries + Shark’s Responses, and Final Deal

Kevin O’Leary was one of the first sharks to dig deeper into the business. He asked Chico and Mason if they owned the design or had any patents on the ZUUM skate shoes. Chico admitted they did not. They were just distributing the skate shoes and did not own any exclusive rights to the product. Kevin did not like this. He told them that anyone could sell the same skate shoes, which meant they had no advantage over competitors. Kevin said he could not invest in a business without something unique or protected. He decided he was out.

Lori Greiner then asked how ZUUM was different from other electric rideable products like Segway. Mason answered that Segway products were more expensive, and ZUUM was cheaper. But Lori was not convinced that price alone was enough to make customers choose ZUUM. She said she did not see what made ZUUM special and dropped out.

Barbara Corcoran asked what their biggest obstacle was in the business. Chico hesitated and said money was the biggest problem. Barbara was not happy with this answer. She told them that entrepreneurs who lack passion usually think money will fix everything. She said money cannot fix a business if the founders are not deeply passionate or if the product does not have a strong selling point. She said she would not invest and dropped out, too.

Mark Cuban listened carefully to the conversation. He told Chico and Mason that he did not see a real plan for the business. He thought they were relying too much on a fun idea without knowing how to grow or protect the company. Mark said he could not invest in a business without a clear strategy. He dropped out after sharing his concerns.

Robert Herjavec was the last shark remaining. He had enjoyed trying the ZUUM shoes, but he also saw the same problems the other sharks did. He told Chico and Mason he liked the idea but did not trust them with his money. He said he could not see a way for them to build a brand around a product anyone else could sell. In the end, Robert decided not to invest either. All the sharks were out, and Chico and Mason walked away without a deal.

What Went Wrong With ZUUM Technologies On Shark Tank?

ZUUM skate shoes did not secure a deal because the sharks found several big problems with the business. The first problem was that ZUUM did not own the design or have any patents. This meant they were just reselling a product that anyone could sell. The sharks thought this made the business risky because there was no way to stop competitors from copying them or offering lower prices. Without something unique, it would be hard for ZUUM to stand out in the market.

Another problem was that Chico and Mason did not have a strong business plan. They focused on the fun demonstration but did not show a clear strategy for growing their company or protecting it from competition. The sharks asked many important questions, but Chico and Mason’s answers were weak or incomplete. For example, when Barbara asked what their biggest obstacle was, Chico said money.

But sharks know that money alone cannot fix a business without a solid plan and passionate founders. This answer made Barbara feel they were not ready to run a successful company.

The last big issue was that the market for electric rideables was already crowded with products like Segway. While ZUUM was cheaper, the sharks did not think price alone would make it successful. They wanted to see something truly new or different, but ZUUM did not offer that. Without owning the technology or having something special, the sharks saw no reason to invest.

Product Availability

ZUUM skate shoes are still available for purchase today. You can find them on the company’s website, zuum.tech, where they continue to sell their self-balancing electric shoes. The ZUUM shoes come with one wheel under each foot, and they can go up to 8 miles per hour. Each charge can last for around 5 miles of riding, depending on the rider’s weight and the terrain.

The shoes are made to be lightweight and easy to carry in a backpack or by hand. This makes them different from electric scooters or skateboards, which are heavier and bulkier.

The shoes are designed for people who want a fun and portable way to get around short distances. They can also be used for tricks and stunts if you are experienced with balancing. The company sells them for about $299 per pair. But as of 2024, it looks like there is still only one version of the skate shoe available. There are no new models or accessories on the website.

Similar products are also being sold on Amazon without the ZUUM branding, often at lower prices. This shows that ZUUM has not done well at creating a strong brand or convincing people why they should buy from them instead of other sellers.

What Happened To ZUUM Technologies After Shark Tank?

After Shark Tank, ZUUM did not get the big boost that some companies experience. The company is still in business, but it seems like it has not grown much since the show aired. There is not much new information about their revenue or business progress. Their website is still active, and they are selling the same product, but they have not introduced new products or updates to their skate shoes. This suggests the company may have struggled to gain more customers or expand.

ZUUM still has social media accounts, but they are not very active. There are only a few posts since Shark Tank aired, and they mostly show old videos of people riding the skate shoes. The lack of updates makes it look like the company is not investing much into marketing or growth. Research shows there are many other electric rideable products on the market now, some cheaper or with better features than ZUUM. These competitors may have made it hard for ZUUM to gain a larger share of the market.

As of today, the company is still selling the same ZUUM skate shoes online. But they have not become a big name in electric transportation. Without owning the technology or having something special to protect their product, it seems ZUUM has struggled to compete against similar products from other sellers. The company is alive, but it has not expanded or released new models. The dream of becoming the next big name in urban mobility has not yet come true for ZUUM.

Conclusion

ZUUM skate shoes were an exciting idea for people who wanted a fun and portable way to move around. Chico Guerra and Mason Buechler came to Shark Tank with energy and a product that looked cool. They showed off their self-balancing electric shoes and got the sharks’ attention with a fun demonstration. But when it came to the business side, things fell apart.

They did not own the design or have exclusive rights to sell the product. They could not show a strong plan for growth or explain what made them different from other sellers. The sharks quickly decided they could not invest.

Despite walking away without a deal, ZUUM is still in business today. They continue to sell their skate shoes online. But the company has not grown much since Shark Tank. They have not expanded their products or become a big player in the electric rideable market. The journey of ZUUM shows how important it is to have something unique and a solid plan to turn a cool idea into a successful business.