Bike theft is a common problem in cities where people rely on bikes for transportation. Losing your bike can ruin your day. Traditional locks often fail to stop thieves. Many people feel frustrated and helpless when their bikes are stolen. This problem affects students, workers, and families alike. It creates inconvenience and stress.
To solve this problem, Mohamed Mohamed created Linka. It is a smart bike lock with special features. Linka has an alarm that makes a loud noise when someone tries to steal the bike. It is hard to cut and keeps the wheels from moving.
Mohamed showcased Linka on Shark Tank Season 7. He asked the Sharks for $250,000 for 10% of his company. Did the entrepreneur get a deal on Shark Tank? Check out our Linka update to find out!
Linka Smart Lock Net Worth Shark Tank Update 2025
Gareth Clarke went on Shark Tank asking for $250,000 for 10% of his company. This meant he thought his business was worth $2,500,000. He did not make a deal with any Shark. The episode was aired in April 2016. The company kept developing its smart bike lock systems and stayed active in tech retail. With steady 10% growth each year, the current net worth of Linka is estimated to be around $4.8 million in 2025.
The company has grown a lot since its appearance on Shark Tank. Even though Mohamed did not get a deal, Linka has become very successful. The company is still in business and making progress. Its product line has expanded. Linka has also been active on social media, keeping customers engaged.
Currently, Linka earns about $4 million in annual revenue. This shows that people like and trust the product. Linka locks are available online. Customers can buy them on Amazon and the official Linka website. The company continues to provide high-quality locks for bike owners.
Mohamed Mohamed did not get a deal on Shark Tank. He asked for $250,000 for 10% equity in his company. Unfortunately, none of the Sharks agreed to invest.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Barbara Corcoran | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Linka Smart Lock Shark Tank pitch
Mohamed Mohamed is the creator of Linka. He came up with the idea because he wanted to solve a big problem. Bike theft is common in cities, and traditional locks do not work well. Mohamed wanted to create a smarter solution. His goal was to make a lock that was easy to use and hard to break.
Mohamed faced challenges in the beginning. He needed funds to develop the product. To raise money, he launched a Kickstarter campaign. It was successful and brought in $40,000. This gave him the confidence to move forward. Despite early struggles, Mohamed remained determined to make Linka a success.
Mohamed’s pitch on Shark Tank was simple and clear. He introduced Linka as a smart bike lock that solves the problem of theft. The lock is hard to cut and has an alarm. The alarm goes off if someone moves the bike. Linka also keeps the wheels from turning if locked in the right position. The lock can open automatically when it senses the owner nearby.
Mohamed explained that Linka costs $45 to make. It is sold in two options. One is priced at $129, and the other, which includes a chain, costs $159. Mohamed shared that he raised $40,000 through Kickstarter. However, he had only made $40,000 in sales since the campaign ended.
Mohamed asked for $250,000 in exchange for 10% of his company. The Sharks listened carefully but had mixed reactions. Keep reading our Linka update to see what happens next!
The Sharks asked many questions about Linka. Here are their queries and Mohamed’s answers:
Robert Herjavec: He asked about the alarm’s effectiveness. Robert said he preferred the peace of mind a chain provided. Mohamed explained that the alarm was loud enough to deter thieves. He also said that the lock is hard to cut.
Barbara Corcoran: She asked about the psychological assurance of a chain. Mohamed shared that Linka’s design combines technology and security. He said the lock prevents theft better than traditional chains.
Lori Greiner: Lori asked why the alarm was not louder. Mohamed responded that the alarm’s volume is balanced. It is loud enough to scare thieves but not too loud to annoy people.
Kevin O’Leary: Kevin wanted to know about competition in the market. Mohamed explained that Linka was unique. It had no direct competitors offering the same features.
Mark Cuban: Mark asked about the company’s future plans. Mohamed shared that he wanted to expand and improve the product line.
Each Shark responded differently to Linka:
Robert Herjavec: He did not like the idea. Robert said the alarm would not matter. He preferred traditional locks. He decided to go out.
Barbara Corcoran: Barbara liked the concept but said she felt safer with a chain. She decided not to invest and went out.
Kevin O’Leary: Kevin was not excited about the product category. He did not see much potential for growth. Kevin went out.
Lori Greiner: Lori thought the alarm should be louder. She also felt the product needed improvements. She decided to go out.
Mark Cuban: Mark said the lack of competition was not a good sign. He felt the market was too small. He went out as well.
With all the Sharks out, Mohamed did not get a deal.
What Went Wrong With Linka On Shark Tank?
Several factors led to Linka not getting a deal:
Some Sharks, like Robert and Barbara, preferred traditional chains over smart locks.
Lori felt the alarm needed to be louder. This made her doubt the product’s effectiveness.
Mark was worried about the lack of competition. He saw it as a sign of limited market demand.
The company had only made $40,000 in sales after Kickstarter. This was not impressive to the Sharks.
Kevin was not excited about the bike lock market. He did not see it as a profitable space.
These reasons combined to prevent Mohamed from securing a deal.
Product Availability
Based on our Linka update research, the product is widely available. Linka offers smart bike locks with advanced features. The locks are durable and secure. They are designed to prevent theft effectively. Linka locks are sold online. Customers can buy them on Amazon or the official Linka website.
The product comes in two versions. The basic lock costs $129, while the version with a chain costs $159. Both versions are easy to use and provide reliable security. Linka has received positive reviews from users. Its unique features make it stand out in the market.
Conclusion
Linka’s journey on Shark Tank did not end with a deal. However, the company’s growth after the show proves its value. Mohamed Mohamed’s smart bike lock has gained popularity. It solves a common problem in an innovative way. Despite the Sharks’ concerns, Linka has become successful.
The company continues to expand its product line. Its annual revenue of $4 million shows its strong performance. Linka locks are available online and have received good feedback. Stay tuned for more updates about Linka’s progress and future advancements!
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
