Linka Shark Tank Net Worth 2023
According to, LINKA’s estimated net worth is $1 million. Mohamed Mohamed, the founder of LINKA, appeared on Shark Tank in 2016 and asked for $250,000 for 10% equity but did not receive a deal from any of the sharks. However, since then, LINKA has developed into a company selling smart bike locks to cyclists.
The lock component wraps around the wheel and prevents it from turning. One of the best features of LINKA is that the lock stays on the bike, so you don’t have to bother about carrying it or taking it off.
According to, before appearing on Shark Tank in February 2016, LINKA had a business valuation of $2.5 million USD. As of 2022, Mohamed Mohamed’s net worth is $4 million USD.
What Is Linka?
The Linka is a high-tech bicycle lock that operates without a key and is designed with advanced security features. In the event that someone attempts to tamper with the Linka, an alarm will be triggered, and you will receive an alert on your mobile phone.
Should a thief try to make off with your bike while you are away, the Linka’s powerful siren will emit a piercing 100db sound, which is comparable to the noise made by a helicopter. The lock’s advanced technology is able to distinguish between normal bike movements and the actions of a potential thief, making it highly reliable.
If someone tries to steal your bike, the Linka will automatically lock the wheels and prevent the thief from riding off with it.
The lock will send you a Tamper Alert on your smartphone if you are within 400 feet of the device. Additionally, if you move out of range of the Linka, you will receive a notification.
If your bike is stolen, the Linka has the ability to connect with other nearby Linkas via Bluetooth, which can help you and the authorities track down your stolen bicycle.
Who Is The Founder Of Linka?
Mohamed Mohamed, who resides in Emeryville, California, founded Linka due to his frustration with bike theft and his determination to tackle the issue. This led to the creation of Linka’s concept.
In May 2015, Mohamed launched the company through a successful Kickstarter campaign that raised $123,772, exceeding the initial goal of $25,000.
According to the website, the products will be available by June 1st, 2016, although none have been supplied yet. Bike locks are a significant market, with over 2 million bikes being stolen every year. Linka’s heavy-duty bike lock, made of high-strength steel, is not a trivial item.
The lock’s simplicity, consisting of only a sturdy steel ring, combined with its advanced technology, makes it popular among bike enthusiasts. Despite some manufacturing delays causing frustration among Kickstarter supporters, the majority remain patient as long as they are kept informed.
What Happen To Linka At The Shark Tank Pitch?
Mohamed Mo appeared on an episode of Shark Tank Season 7 Episode 20 seeking an investment of $250,000 in exchange for a 10% stake in his company, which valued the business at $2.5 million. His inspiration for the business came from his frustration with bike theft.
During his pitch, Mohamed presented a video demo of his product and explained its features. When the Sharks asked him about the possibility of someone stealing the lock, Mohamed demonstrated the alarm feature and showed that the lock was difficult to cut.
Robert was not convinced by the alarm and believed that a chain was necessary for added security. Mark inquired about the cost of the chain, and Mohamed revealed that it cost $129, which was more expensive than a similar product called Linka that cost $45 to produce.
When asked about the total cost of the product, Mohamed stated that it was $159, which included the chain. He also shared that the company had conducted a successful Kickstarter campaign and had made over $40,000 in sales since then.
Mohamed shared that his parents immigrated to the US to provide a better life for their children. He attended City College of New York and worked as a production engineer for Toyota.
Despite the Bluetooth unlocking feature, Barbara believed that the psychological aspect of a chain was important, and she decided not to invest.
Robert thought that a dog was the best security measure and that a chain was necessary for added protection. Kevin O’Leary was not interested in the product category, and Lori Greiner suggested that the alarm needed to be louder.
Mark Cuban was impressed with the product but felt that there was too much competition in the market. He decided not to invest, and Mohamed left the show without a deal.
Linka After The Shark Tank Pitch
Although the idea did not secure an agreement on Shark Tank, a physical chain has been developed as an accessory that uses Linka’s current lock mechanism to provide extra security without the need for any additional steps to remove it. As of May 2021, the company is still operational and generating an annual revenue of $4 million.
Linka Net Worth
The Company Net Worth is estimated to be $1 Million.
Linka Competitors
ElecTorq Technologies and Clevr Mobility are some of Linka Competitors.
Linka FAQS
What is Linka?
Linka is an intelligent, keyless bicycle lock. If somebody tampers with their Linka lock, an alarm will sound and they will receive an alert on their phone.
Furthermore, the Linka secures the wheel to the frame of the bicycle, preventing the would-be thief from riding away on their bike.
Who is the founder of Linka?
Mohamed Mohamed, from Emeryville, California, is the founder of Linka. Mohamed was fed up with bike theft and realized he needed to do something about it, which is where the concept for Linka came from.
How much was he asking in the Shark Tank Pitch?
He was seeking $250,000 for a 10% stake in the company.
Did he get the deal from the Shark Tank?
No. Apparently, he did not get the deal.
Is Linka still in business?
It is still in business with an annual revenue of $4 million as of May 2021.
Did Linka Kick-started?
Yes, In May 2015, Mohamed started the company with a hugely successful Kickstarter campaign, raising $123,772 with a goal of $25,000.
How does Linka work?
Linka is a keyless bike lock with Bluetooth connectivity, an accelerometer and an on-board siren. When somebody tampers with their Linka lock, an alarm will sound and they will receive an alert on their phone.
Furthermore, Linka secures the wheel to the frame of the bicycle, preventing the would-be thief from riding away on their bike.
When was Linka aired on Shark Tank?
Linka was aired on Shark Tank Season 7 Episode 20 in February, 26th 2016.
How much will it cost?
Linka costs $49 to build and sells for $129 or $159 with the chain option.
How do they replace the battery?
If their Linka lock is still under warranty, they will repair the battery at no cost.
If their Linka lock is no longer under warranty, its battery can be changed for a charge.
How long does it take to recharge the Original Linka lock?
When the battery is entirely drained, the lock can be fully recharged in around 3.5 hours.
What if the battery runs out while the bike is still locked?
When the battery level falls below 30%, the owner will receive an early warning signal. Furthermore, Linka will not lock below 10% battery charge to prevent customers from becoming trapped.
Can they use Linka without a smartphone?
The Linka app is compatible with any Android phone running version 4.4 or above, as well as any iOS phone running version 4 or higher.
Before they can use their Linka, they must first connect to it via their smartphone. They will be able to set up phone-less access to their Linka lock after their Linka has been connected with their app.
How long does Linka last?
Linka has been tested for usage in temperatures ranging from -25°C to 65°C and is water resistant. Customers utilize Linka in 45 countries across the world.
Is it possible to place LInka on the front wheel rather than the back?
Yes! In rare circumstances, the Linka will not fit on the back wheel and must be put on the bike’s front fork.
How does Linka protect their bike?
Linka includes a slew of anti-theft capabilities. The locking ring secures the back wheel, preventing anyone from riding away.
When their Linka senses excessive movement, the tamper alarm will sound.
Furthermore, when their phone is connected to their lock through Bluetooth, the Linka app will alert them of tampering.
Is Linka GPS-enabled or GSM-enabled?
Linka does not have GPS or GSM. When they lock their smart lock, their smartphone’s GPS position is stored in the Linka app.
