Brake Free Helmet Light Shark Tank Net Worth 2023

The company, which had a valuation of $2 million during the pitch and has since rebranded to BadAss Helmet, is still operating as of January 2022 with an impressive annual revenue of $3 million – an increase in net worth from its original value.

This growth in business proves it to be a success, indicating that despite the turbulent nature of the market, it is still booming and succeeding in its field.

What is Brake Free Helmet Light?

The Brake Free is a helmet accessory that can be detached from the helmet and is designed to increase the visibility and safety of riders on the road. This device has the ability to detect a decrease in the speed of the motorcycle and it can be easily installed on most helmets without the need for any additional applications.

Since the components of Brake Free are removable, they can be used on multiple helmets by different users. It was invented by Henry Li and Alexander Arkhangelskiy, who are both motorcycle enthusiasts.

Henry Li has previously worked as a mechanical engineer for several companies such as Wolfe Engineering, zSpace 3D, Fitbit, and castAR. On the other hand, Alexander Arkhangelskiy has worked for Parrot Cellular, EGO Boutique, and AT&T before starting his own business with Henry Li.

Summary Table:Brake Free Helmet Light Shark Tank

INFORMATION	DETAILS
Company valuation during Shark Tank pitch	$2 million
Current company name	BadAss Helmet
Annual revenue as of January 2022	$3 million
Product description	A helmet accessory that increases the visibility and safety of riders on the road.
	It can detect a decrease in the speed of the motorcycle and is easy to install on most helmets.
Founders	Henry Li and Alexander Arkhangelskiy
Invention year	2014
Smart LED brake light for motorcycle helmets	Brake Free helmet light
Shark Tank episode and season	Season 12, episode 8
Sharks who invested	Mark Cuban and Robert Herjavec
Amount requested for investment	$200,000
Equity offered to the Sharks	10%
Number of units sold as of June 2021	Over 7,000
Sales generated as of June 2021	Over $1 million
Current price of Brake Free helmet light	$169.99

Who is the founder of Brake Free Helmet Light?

Brake Free was established by Henry Li and Alexander Arkhangelskiy, who share a passion for motorcycles.

While working for a tech entrepreneur in Silicon Valley, Li conceived the idea for the device out of concern for motorcycle safety. He assembled a team to assist with its development, and the first prototype was completed in 2014.

Unlike traditional motorcycle lights, which are often too low and small to be seen by other drivers, Brake Free is mounted at eye level on the helmet, making it a safer option.

The device features a series of miniature LED lights that become brighter when the motorcycle is braking or decelerating. It is designed to attach to any motorbike helmet without the need for additional equipment and is completely wireless.

Brake Free is an intelligent brake light that “knows” when to light up, thanks to a combination of gyrometers, accelerometers, and a unique braking detection algorithm. The company gained momentum in April 2017 with a successful $259,797 IndieGoGo campaign.

However, there were manufacturing and shipping challenges that caused some pre-orders to be delivered as late as spring 2020.

Brake Free is now available for purchase on their website for $169.99, and the company offers several accident protection programs.

What Happened to Brake Free Helmet Light at Shark Tank Pitch?

In episode 1125 of Shark Tank, Henry Li, and Alex Arkhangelskiy are seeking a deal for their product, Brake Free, which is a smart LED brake light designed for motorcycle helmets. However, the duo is facing challenges with the manufacturing process and is looking for a Shark who can assist them in this area of the business.

During the presentation, Henry and Alex request $200,000 in exchange for a 10% stake in their company, which is currently valued at $2 million.

They share their narrative and distribute product samples, while also informing the Sharks of their IndieGoGo sales and expenses. Each unit costs $43 to produce and sells for $169, and they hope to use the investment to scale up their production.

Barbara expresses interest due to her personal experience with her brother being paralyzed in a motorcycle accident, but she ultimately decides not to invest because she doesn’t believe the product will sell well. Lori likes the product but declines to invest in high-risk ventures that involve liability.

Robert, however, sees the potential and offers $200,000 for a 20% equity stake in the company. The entrepreneurs then inquire whether Mark would be interested in collaborating, and the Sharks agree.

In the end, they strike a deal with both Mark and Robert for $200,000 in exchange for a 20% equity stake, and they leave the pitch with the investment from two Sharks.

What Happened to Brake Free Helmet Light after Shark Tank?

After two Sharks agreed to invest in their pitch, the gentlemen left without concluding a deal with Mark and Robert. The money wasn’t important to them.

As of June 2021, they had sold more than 7000 units, generating over $1 million in sales six months after their December 2020 broadcast. Although they are currently only selling in the United States, they aspire to become a global brand in the future.

As of January 2022, the company is still operating and has achieved annual revenue of $3 million.

Brake Free Helmet Light Shark Tank Updates

Brake Free is a smart LED brake light for motorcycle helmets that was pitched on Shark Tank by Henry Li and Alex Arkhangelskiy in season 12, episode 8. The product is designed to improve visibility and safety for motorcyclists by attaching to the back of any motorcycle helmet.

The helmet light is wireless and does not require any additional apps or wires to use. The founders asked for $200,000 in exchange for 10% equity in their business. During the episode, they handed out samples and told the Sharks about their IndieGoGo sales and costs.

Mark Cuban and Robert Herjavec made a deal with the founders, offering $200,000 in exchange for 20% equity in the company. The deal never closed because the founders did not need the money.

After the episode aired, the product was marketed for free and gained popularity among motorcycle enthusiasts. The company announced that the Brake Free helmet won the MIC Gas Tank Award at the AIMExpo in January 2021.

As of June 2021, the company had shipped more than 15,000 units to customers and received hundreds of positive reviews. The product is currently only available in the United States, but the company is working on global distribution.

Net Worth of Brake Free Helmet Light

The company valuation was $2 million during the pitch, since then the company is still operating as of January 2022 with annual revenue of $3 million, and hence the company’s net worth had elevated.

Brake Free Helmet Light FAQs

What Is Brake Free Helmet?

Brake Free Helmet is a smart wireless brake light that improves the visibility of motorcycle riders. It is a lightweight, motion-detecting, brilliant LED brake light system that mounts to motorcycle helmets. Brake Free is made by riders for riders and is designed to fit on the helmets that riders already own.

It is fully self-contained with sensors and batteries inside, so there is no need to wire anything to the motorcycle or install any apps.

Brake Free uses its patented algorithm to detect all deceleration events, whether it is engine braking, downshifting, or braking. It has 100 ultra-bright LEDs that are activated by a combination of internal accelerometers and gyrometers.

Unlike other helmet-mounted brake lights, Brake Free does not require splicing into wiring harnesses or installing an app to function. It is easy to install and remove, and riders can easily swap between helmets when they buy additional helmet mounts.

Since its appearance on Shark Tank in 2019, Brake Free has shipped more than 15,000 units to customers and received hundreds of glowing reviews. It is designed to be visually stunning yet functional, with a large visual footprint.

Brake Free uses its own sensor-based technology to make it truly wireless, and it can accurately detect regular braking, engine braking, and downshifting. Brake Free is an innovative product that improves the safety of motorcycle riders by making them more visible on the road.

How Does Brake-Free Helmet Work?

The Brake Free Helmet is a wireless brake light that attaches to the back of a motorcycle helmet to improve the rider’s visibility. It is a smart device that uses internal accelerometers and gyrometers to detect when the rider is slowing down, braking, or downshifting.

The Brake Free Helmet has 100 ultra-bright LEDs that are activated when the rider is deliberately slowing down. The Brake Free Helmet is designed to be compact and lightweight, weighing only 7 ounces. It is well-balanced and unaffected by the wind.

The Brake Free Helmet is easy to install and use. It mounts to the back of the helmet with a small 3M VHB adhesive mount. The unit is clicked into place and can be lifted off the mount by a firm upward motion.

The Brake Free Helmet does not require splicing into wiring harnesses or installing an app to function.

It has a sleep mode to save the battery, and the internal battery will last between eight and 12 hours, depending on the mode used and the riding is done. It will fully charge in about two hours at home via a USB charger.

The Brake Free Helmet is an attention-grabbing device that is extremely bright. It has an Emergency Braking pattern that consists of flashing all the LEDs when emergency braking thresholds are detected. The Brake Free Helmet is not a universal accessory and may not fit all helmets.

It is important to contact the manufacturer before purchasing to ensure that it will fit your helmet.

What Happened To Brake-Free Helmets After Shark Tank?

Brake Free is a smart LED brake light designed for motorcycle helmets that were pitched on Shark Tank in season 12, episode 8. The founders, Henry Li and Alex Arkhangelskiy asked for $200,000 in exchange for 10% equity in their business.

Although they received offers from Mark Cuban and Robert Herjavec for $200,000 in exchange for 20% equity, the deal never closed.

Despite not closing the deal, Brake Free is still in business and doing well in the market. As of August 2022, they had reached their projected 2021 revenue of $3 million and estimated 2022 revenues at $3.9 million. The company has also rebranded to BadAss Helmet.

Brake Free is a safety brake light attachment for motorcycle helmets that are not connected to any wire or app. It can be easily mounted on any helmet and is very easy to remove. The founders of Brake Free have sold 7,000 units in just six months after the show.

The estimated net worth of Brake Free is $1.5 million, and as of January 2022, the company had an impressive annual revenue of $3 million.

In conclusion, Brake Free is still in business and doing well in the market despite not closing the deal with Mark Cuban and Robert Herjavec on Shark Tank. The company has rebranded to BadAss Helmet and has reached its projected revenue goals.

The product is a smart LED brake light attachment for motorcycle helmets that is easy to mount and remove.

What Is The Current Valuation Of Brake-Free Helmets?

As of January 2022, the valuation of Brake Free Helmet was $2 million during the pitch on Shark Tank. However, the company has since rebranded to BadAss Helmet and is still operating with an impressive annual revenue of $3 million. In 2022, the net worth of Brake Free was estimated to be $2.6 million.

Brake Free Helmet is a wireless brake light that can be mounted on the back of any helmet to improve the visibility and safety of riders on the road.

The device has the ability to detect a decrease in the speed of the motorcycle and can be easily installed on most helmets without the need for any additional applications. The components of Brake Free are removable, so they can be used on multiple helmets by different users.

The company has shipped more than 15,000 units to customers and has received hundreds of positive reviews since its appearance on Shark Tank in 2019. The Brake Free module has been tested and reviewed by various sources, and it has been praised for its outstanding value, design, and innovation.

The device is tough and durable, and it keeps working even after experiencing drops and separations from helmets.

In conclusion, the current valuation of Brake Free Helmet is not explicitly stated in the search results. However, the company is still operating and has an impressive annual revenue of $3 million, indicating that it is successful in its field.

Is Brake Free Helmet Still In Business?

Yes, Brake Free Helmet Light is still in business as of January 2022. The company has generated $3 million in sales as of January 2022. Since their appearance on Shark Tank in 2019, they have shipped more than 15,000 units to customers and received hundreds of positive reviews.

Brake Free is a smart wireless brake light that attaches to the back of any motorcycle helmet and improves the rider’s visibility on the road. The product contains a series of LED lights that light up brighter when the rider decelerates the bike or hits the brakes.

The components of Brake Free are removable, so they can be used on multiple helmets by different users.

Brake Free is based in San Francisco, California. The company has the vision to go worldwide and has reached its target of $3 million by 2022[1]. Although Brake Free is currently only available in the United States, the company reports that it is working on global distribution.

In January 2021, the company announced that the Brake Free helmet won the MIC Gas Tank Award at the AIMExpo.

What is Brake Free Helmet Light?

Brake Free is a removable helmet device meant to make riders more visible and safer on the road. Brake Free detects when a bike’s speed reduces and is wireless, app-free, and simple to install on most helmets. Because the components are removable, they may be utilized by numerous helmets or users.

Who is the inventor?

Henry Li and Alexander Arkhangelskiy, two motorcycle aficionados, invented Brake Free.

How much were they seeking on Shark Tank?

They were seeking $200,000 in exchange for a 10% stake in their company, which was worth $2 million.

Did they have the deal?

Yes, they did. They exited the pitch with a deal from Mark Cuban and Robert Herjavec.

How much did they invest?

They invested $200,000 for 20% equity stakes in the company, but they never closed the deal.

How much revenue for Brake Free Helmet Light?

They generated $3 million in sales as of January 2022.

Where is Brake Free Helmet Light located?

They are based in San Francisco, California.

What is Brake Free Helmet Light website?

Their website is http://www.brakefreetech.com/

Does Brake Free Helmet Light really work?

Yes, they are operational as a product and are being sold successfully.

Is Brake Free Helmet Light shipping?

Yes, they ship all over the world.

What is the price of Brake Free Helmet Light?

The retail price of Brake Free Helmet Light as of January 2022 is $169.

Where do I find Brake Free Helmet Light?

Their product is sold on their website and Amazon.

What does the Brake Free Helmet Light headset look like?

The headset consists of three buttons, and it is easily attached to any helmet with a rear vent. The buttons are used to release the brake light from the helmet and to change colors between red, yellow, and green (the colors indicate how much braking your bike is doing).

What is the mechanism of Brake Free Helmet Light?

There are three buttons on the headset, which are used for releasing of the brake light and changing colors.

How does the Brake Free Helmet Light work?

Brake Free is a high-intensity smart LED brake light that rapidly increases visibility on a motorbike. It attaches to the rear of the existing helmet, and its sensors automatically notify others anytime they slow down braking, engine braking, or downshifting. Brake Free is now available for purchase!

What does it indicate when Brake Free Helmet Light illuminates?

When the brake light illuminates, it means that the vehicle is either low on braking fluid, the emergency brake has been engaged, there is a problem with the ABS unit, or there is an issue with the sensors. Most automobiles feature a sensor that detects whether or not the parking brake is applied.

How do I pay for Brake Free Helmet Light?

Customers can pay for it using credit cards, PayPal, and bank transfers.

Where are the founders now?

Henry Li, who has a technical background, is the co-founder of Brake Free Helmet Light. Alexander Arkhangelskiy, who has an advertising background, is the co-founder of Brake Free Helmet Light.

How much does Henry Li worth?

As of January 2022 Henry Li’s net worth is not available.

How much does Alexander Arkhangelskiy worth?

As of January 2022, Alexander Arkhangelskiy’s net worth is not available.