Coolpeds, Electric Scooters, was started by Tony Chan. As of September 2023, Coolped’s net worth is $5 Million, and they’re pulling in a whopping $500K in annual revenue.

On February 18, 2018, they appeared on Season 9 of Shark Tank USA, seeking $250,000 for 5% equity valuing the company at $5 Million. Coolpeds did not receive a deal from any Sharks. The Sharks were impressed by the scooters. They also had concerns about the potential for liability issues with the scooters.

Coolpeds is still in business as of the latest available information in 2023. The company has continued to operate and offer its electric scooters and other mobility products through the official website.

Coolpeds Net Worth

Net worth$5 Million
Annual Sales Revenue$500,000
Lifetime Sales
Shark Tank InvestorNo deal
FounderTony Chan

Coolpeds Net Worth Timeline

Net Worth 2023$5 Million
Net Worth 2022$4.5 Million
Net Worth 2021$4 Million
Net Worth 2020$3.5 Million
Net worth valuation 2018 before appearing on Shark Tank  $5 Million

Coolpeds Pitch on Shark Tank

Company nameCoolpeds
ProductElectric Scooters / Luggage for Scooters
EpisodeSeason 09 Episode 23
FounderTony Chan
Asked for$250,000 for 5% equity
Final dealNo deal
LocationE Valley Blvd, Covina, California

Coolpeds Founder

Tony Chan founded Coolpeds. He started the business with funding from his profits from buying and selling real estate. Coolpeds’s founder, Tony Chan, has a net worth of 5 Million USD as of 2023.

Key accomplishments

2023Winning several awards for innovation and design
2022Expanding into new markets, such as Europe and Asia
2018Appearing on the popular TV show Shark Tank in 2018


From their beginnings on Shark Tank to their current status as a thriving business. They have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Spretz and its continued success.

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