Linka Bike Lock Update | Shark Tank Season 7

Mohamed Mohamed lived in a city where bike theft was common, and locking up a bike was a hassle. If someone forgot to lock it or used a weak lock, the bike could be gone in minutes. That’s why he created Linka, a smart bike lock that secures the wheel, unlocks automatically when the owner walks up and sounds an alarm if someone tries to steal it. What will the sharks think of this high-tech smart lock? Find out in our Linka update and pitch recap.

If you’re short on time, here’s a quick overview of what happened to Linka after Shark Tank.

Mohamed entered Shark Tank Season 7 to pitch his smart bike lock brand. He sought $250,000 for 10% equity. Unfortunately, after his pitch, none of the sharks found his business worthy of investment, and he left without a deal.

In terms of a Linka update, the company improved its product line, notably launching the LEO 2 Pro with GPS and 4G connectivity in 2021. Further, they achieved $4 million in annual revenue in 2022 and maintained a strong social media presence.

Shark	Result
Kevin O’Leary	No offer
Barbara Corcoran	No offer
Lori Greiner	No offer
Robert Herjavec	No offer
Mark Cuban	No offer

Shark Tank Linka Pitch

• Entrepreneur: Mohamed Mohamed
• Business: Smart bike lock
• Ask: $250,000 for 10% equity
• Result: No deal
• Shark: None

Mohamed entered Shark Tank and asked for an investment in Linka, a smart bike lock designed to prevent theft.

He emphasized the growing issue of bike theft, stating that two bikes are stolen every minute in the U.S.

Mohamed told the sharks that Linka stays on the bike at all times, eliminating the need for keys or extra equipment.

To lock it, the user simply taps the top, and a steel rod slides into place, making it impossible to ride. When the owner returns, Linka detects their phone via Bluetooth Low Energy (BTLE) and unlocks automatically.

Beyond security, Linka’s companion app offers additional features. It provides battery life updates, theft alerts, and safer parking recommendations using Google Maps.

At this point, Lori Greiner asked about the security of the lock itself. Mohamed explained that Linka locks the wheel in place and is difficult to cut or remove.

To reinforce this point, he demonstrated the tamper alert system, which immediately notifies the owner if someone attempts to steal the bike.

Despite the smart features, Robert Herjavec pointed out a key concern—chaining a bike to a solid object is still the best way to prevent theft.

In response, Mohamed acknowledged this and responded that Linka offers an optional chain attachment for extra security.

Linka costs $45 to make and sells in two different options, including one for $129 and one with a physical chain for $159.

At this point, Kevin O’Leary shifted the discussion to sales, asking how many units had been sold.

Mohamed explained that a Kickstarter campaign had raised $130,000, exceeding its goal by five times.

But, since then, sales have reached only $40,000, which raised concerns among the sharks.

Barbara Corcoran explained that as someone who rides her bike daily, she felt a heavy chain provides a psychological sense of security. Therefore, she decided to drop out.

Similarly, Robert agreed with Barbara’s perspective. He pointed out that thieves often look for the easiest opportunity, and a heavy chain sends a clear message that the bike is difficult to steal. He’s out.

Kevin questioned Mohamed’s $2.5 million valuation. Unimpressed with the numbers, he quits the negotiations.

Lori had concerns about the alarm volume. In a busy city, she believed the sound would blend into background noise, making it ineffective. With that, she dropped out as well.

Mark Cuban felt that if the product was truly a game-changer, sales should have already taken off. Seeing these challenges, he’s the last shark out.

Ultimately, with no offers on the table, Mohamed left without a deal.

Find out where the company is now in our Linka update.

Shark Tank Linka Update

Our Linka update found that after its Shark Tank airing, the company improved its original bike lock by adding a physical chain for extra security and upgrading the battery for longer life.

In 2021, it launched the LEO 2 Pro with GPS tracking and 4G LTE connectivity.

Linka received notable accolades, including the Eurobike Gold Award, recognizing its innovative design and contribution to cycling security.

In 2021, Linka had expanded its operations, employing approximately 20 individuals globally and distributing products across 68 countries. 

In November 2022, Linka reported $4 million in annual revenue and maintained an active social media presence.

Mohamed aimed to expand into the micro-mobility sector, integrating Linka with bike-sharing systems, but it seems that plan never came to fruition.

At the time of this writing, our Linka update research found that the company continues to sell its advanced smart locks, including the LEO 2 Pro with GPS tracking and LTE connectivity. 

You can purchase Linka from their official website.

We’re calling this Linka update a success.

But what about the other products featured in Season 7 Episode 20? You can find our company updates for those products here:

• BetterBack Update
• Glace Cryotherapy Update
• Teaspressa Update

Before you go, be sure to check out our list of all the Shark Tank Season 7 products.