SURFSIDE, FLORIDA - FEBRUARY 20: Kevin O'Leary Attends Haute Living, Grand Seiko & Mayors Jewelers Host Cover Dinner In Honor Of Morimoto, Celebrating Miami Food & Wine at Le Sirenuse on February 20, 2020 in Surfside, Florida. (Photo by Romain Maurice/Getty Images for Haute Living)
TV - Movies
Happened To
Drive Suits After
Shark Tank?
Drive Suits' creator Drew Beaumier appeared on "Shark Tank" during Season 4, in November 2012, with his product that can best be described as a kind of wearable car or motorcycle that can also be driven. Beaumier came into the tank seeking $150,000 in exchange for 20% of his company, and said his goal was to “mark a new standard in children’s entertainment.”
While two sharks were interested in the product, Beaumier — for $150,000 in exchange for 30% equity — chose Kevin O'Leary, who wanted to sell the design to an existing toy company, over Mark Cuban. However, it appears that Beaumier ultimately chose a different path than the one he agreed to with O'Leary, as Drive Suits still aren't available for purchase.
Instead, Drive Suits now serves as the centerpiece of Beaumier's Robots and Cars Entertainment, Inc., a "strolling act and costume services company," according to its website. Customers can hire out performers who travel both nationally and internationally to wear Drive Suits at events and pose for pictures with fans; the company is currently available for booking.