KidRunner Shark Tank Net Worth
KidRunner’s valuation during and after the pitch on Shark Tank was $2.5 million, indicating that it was worth that much at that particular moment. However, it’s important to note that a company’s valuation can change over time, depending on various factors such as sales, revenue, expenses, and investments.
Since the pitch, KidRunner has continued to operate and sell its product successfully. Therefore, it is possible that the company’s net worth has increased beyond its initial valuation of $2.5 million.
However, the exact current net worth of the company is unknown and may depend on several factors such as market demand, competition, and the company’s financial performance.
What is KidRunner and Who is the founder of KidRunner?
KidRunner is a jogging stroller designed by Will Warner, who is an experienced runner and father from Bend, Oregon. The stroller is unique because it carries the child in a pod behind the jogger, allowing the runner to move their arms freely without having to push a stroller.
The waist harness used in the stroller is patented by Warner. His aim was to create a safer, lighter, and more comfortable stroller that would make running easier for parents. Will founded KidRunner and designed the product to meet his needs as a runner who wanted to spend time with his family.
Although he unsuccessfully tried to crowdfund the stroller through Kickstarter in the spring of 2015, he continued to develop the product, which is made of carbon fiber and Kevlar and is stable, aerodynamic, sleek, and lightweight, weighing approximately 20 pounds.
KidRunner provides a smoother ride and is capable of traversing tough terrain. The stroller is available for pre-order with a $200 deposit and costs $750. The units are being built in collaboration with Composite Approach, a contract manufacturer that specializes in small-scale advanced composite production and assembly.
The stroller resembles a bicycle trailer for towing a child, but it is specifically designed for runners. It has a fully adjustable lightweight waist harness, and its enclosed seat is lightweight and adjustable.
The product has brand ambassadors who are well-known runners and compete while carrying their children. Pre-orders closed in December 2015, and the first units were expected to be delivered in April or May 2016.
KidRunner Shark Tank pitch
During his appearance on Shark Tank episode 725, Will Warne presented his jogging-specific pull-along child’s seat, the KidRunner, to the Sharks.
He was hoping to secure $500,000 in exchange for a 20% stake in his company, which was valued at $2.5 million. Max King, a professional runner, accompanied him, pulling Will’s daughter in a KidRunner.
While some Sharks expressed concerns about safety and pricing, Robert tested the product and enjoyed it. However, none of the Sharks made an offer, and all eventually exited the pitch without a deal.
Despite this setback, KidRunner successfully brought the product to market and sold out of the original edition in 2021. The company is still operational as of January 2022, and pre-orders for the “2021 Version” are currently being accepted on their website.
Who are the Competitors of KidRunner?
The biggest competitors of KidRunner are the other manufacturers that support jogging strollers. These companies include jsDelivr, Klaviyo, Cloudflare CDN, GlobalSign, and jQuery.
Net Worth of KidRunner
The company valuation was $2.5 million during and after the pitch. Since then the company is still operating and hence the company’s net worth might be higher than that of pitch.
KidRunner Shark Tank Episode Summary
| Company/Product | KidRunner, High Performance Jogging Stroller |
| Shark Tank Episode | Shark Tank Season 7 Episode 25 |
| Founder & Entrepreneur | Will Warne |
| Amount Asked For | $500,000 for a 20% stake in her business |
| Deal: Accepted Offer | None |
| The Shark Investor | No deal on Shark Tank |
| Business Net Worth | $2.5 million company valuation |
| Business Status | The business is still in operations |
KidRunner Shark Tank Updates
KidRunner is a pull-along kid’s seat designed for joggers, created by Will Warne. He appeared on Shark Tank in season 7, episode 25, seeking $500,000 for 20% equity in his company, which was valued at $2.5 million.
The Sharks expressed concerns about safety and pricing, but Robert tested the product and enjoyed it. However, none of the Sharks made an offer, and all eventually exited the pitch without a deal.
Despite this setback, KidRunner successfully brought the product to market and sold out of the original edition in 2021.
The company is still operational as of January 2022, and pre-orders for the “2021 Version” are currently being accepted on their website. The price of the product has decreased to $674, and annual revenue is estimated at $4-$5 million.
In conclusion, KidRunner did not receive an investment from the Sharks on Shark Tank, but the product was successfully brought to market and sold out of the original edition in 2021. The company is still operational and accepting pre-orders for the “2021 Version” on their website.
KidRunner FAQs
What Is KidRunner And How Does It Work?
KidRunner is a hands-free stroller designed for jogging and hiking. Unlike traditional jogging strollers, KidRunner is attached to a harness that goes around the runner’s waist, allowing the runner to have their arms free for balance and natural running form.
The stroller is lightweight, weighing less than 15kg, and has a cargo capacity of 12 pounds or more. The stroller is designed to give tots a smooth ride and runners very little resistance. The carriage is ergonomically designed to work with the runner, not against them.
KidRunner is also designed to provide consistent parent and child visual contact with each other, making it an interactive design. The stroller has multiple storage pockets and a removable seat liner for easy washing. The stroller is also designed for optimal control and weight distribution with the Kid-go (cargo) of 12 pounds or more.
KidRunner is not just a jogging stroller, but also a multi-sport stroller. It can be used as a lightweight pull-behind bike stroller and trailer, and a ski trailer designed to give Nordic Classic and Skate Skiers the freedom, comfort, and motion they want for great skiing with their kids.
Who is the founder?
Will Warne, the founder and designer of KidRunner, is from Bend, Oregon, a town noted for its scenic beauty and abundant jogging trails. Will, a keen runner himself, sought a method to enjoy running while still spending time with his young family.
What Was The Outcome Of The KidRunner Shark Tank Pitch?
During the KidRunner Shark Tank pitch, Will Warne asked for $500,000 for 20% equity in his pull-along jogging stroller business.
The sharks were initially impressed when Will ran into the tank accompanied by Champion road-runner Max King, who was pulling Will’s daughter Sophie in a KidRunner. Robert Herjavec tested the product by running around the tank with it.
However, most sharks thought the product was too expensive, and they all went out, including Kevin O’Leary, who initially showed interest. Despite the sharks’ cynicism, the product did eventually end up on the market, years later, and it fully sold out.
The retail price is currently $749.95, which is the same as when they were on Shark Tank. However, the running stroller does go on sale occasionally. In 2021, they ran out of the first version and are taking pre-orders on the “2021 Version” on the website.
By November 2022, they were up and running and fully stocked with product. The price is lower, too: $674. The company’s annual revenue is estimated to be $4-$5 million.
What Happened To KidRunner After Its Appearance At The Shark Tank?
After appearing on Shark Tank, KidRunner did not receive a deal from any of the sharks. However, the company continued to perfect the product and subject it to rigorous testing.
The product eventually ended up on the market and fully sold out. In 2021, the company ran out of the first version of the stroller and began taking pre-orders for the 2021 version on their website. By November 2022, they were fully stocked with product and the price had been lowered to $674.
The company’s annual revenue is estimated to be $4-$5 million. The retail price is currently $749.95, which is the same as when they were on Shark Tank, but the stroller does go on sale occasionally. The company’s net worth before appearing on Shark Tank was $2.5 million.
How much were they seeking on Shark Tank?
They were seeking for $500,000 for 20% stake in their firm, which is worth around $2.5 million.
Did they have the deal?
No, they did not make any deal on Shark Tank.
Is KidRunner still in business?
Yes, the company is still operating as of January 2022.
For Whom Is KidRunner Intended?
KidRunner is a parent-runner-designed product for parent-runners. They are motivated by design, creativity, and performance, as well as the opportunity to share these things with their children.
Other child joggers were discovered to be heavy, awkward, terrain-restricted, and prone to injury.
Running is considered a sport. As a result, they devised and manufactured the first child jogger that functions like sports equipment; it is lighter, quicker, more adaptable, and causes less injuries.
How Much Is KidRunner?
KidRunner costs $695.00 plus a $50 flat rate delivery charge to the United States. They can ship worldwide for a fixed amount of $150, which does not include country-specific import taxes or VAT, where applicable. T
hey are responsible for all outgoing customs papers, among other things.
Is KidRunner a Safe Program?
KidRunner is intended for performance and safety, and it meets or surpasses all industry safety criteria for child joggers.
It’s constructed from innovative, highly strong composite materials, toughened aluminum, and a variety of safety features, including a five-point child seat belt.
What Are The Age And Weight Restrictions For Children?
Children range in age from six months to around 4.5 years and weigh between ten and fifty pounds. The design is constrained more by the size of the child than by their weight.
What is KidRunner Weight?
KidRunner is the world’s lightest running stroller, weighing only at 19 pounds, or 30% less than conventional child joggers.
What Makes KidRunner Unique?
KidRunner is the world’s only high-performance, hands-free jogging stroller for children.
Why is it that this makes jogging and walking so much more enjoyable?
Because at least 20% of the biomechanical efficiency is generated by their upper body and arms. KidRunner’s ultra-lightweight design and natural running posture promote proper running form, which helps prevent injuries.
Additionally, KidRunner is the only multi-terrain child jogger due to its unique design.
What Terrains Am I Able To Run On With KidRunner?
KidRunner’s revolutionary harmonic dampening system (HDS) makes it the only multi-terrain jogger for jogging and exploring on trails, beaches, highways, and urban areas.
Are KidRunner Available in a Variety of Sizes?
Our normal size fits waists ranging from 24″ to 47″. If users want something on either end of the spectrum, please contact them and they can accommodate anyone with a bespoke size!
How Does KidRunner Feel When He Runs?
The majority of runners report that it feels as though it is “floating” behind them. Their objective was to provide parents with the flexibility and performance they crave while they run.
As a result, they developed KidRunner to “float” behind people, imperceptibly impinging on their waist and hips. Because it is so light, leaves their hands and arms free, and runs behind them, it seems natural. Simply because it is!
Do You Suggestion That Children Wear Helmets when using KidRunner?
KidRunner is a highly safe application. They always recommend that children wear helmets when engaging in physical activity on roads, trails, or similar surfaces.
How Carry-On-Friendly Is KidRunner?
KidRunner is the lightest jogging stroller on the market, weighing only 20 pounds. The cockpit folds effortlessly, the wheels readily detach from the chassis, and the unique ‘BOW’ detaches easily. It fits well into any regular automobile trunk, for example.
Is KidRunner Adaptable To Multiple Parents And/or Children?
Yes. KidRunner was designed to accommodate parent runners ranging in height from under five feet to over six feet. The cockpit pivots forward and backward to accommodate children of varying heights and weights.
Are You Able to Race With KidRunner?
Yes! KidRunner has established new race records; won 10,000 races, and qualified for the New York City Marathon!
Is KidRunner a patented invention?
Yes. Three US patents covering performance, design, and safety have been granted.
What is the net worth of Will Warner?
The net worth of Will Warner is unknown.
