Fixed Parking Ticket Net Worth 2025: From Shark Tank Deal to Shutdown
Fixed Parking Ticket Net Worth story took a sharp turn after Shark Tank—Mark Cuban’s deal fell through, and the app shut down.
In 2016, David Hegarty pitched Fixed, an app designed to help users contest parking tickets, on Season 7 of Shark Tank. He secured a deal with Mark Cuban on air, but the agreement ultimately fell through. Despite initial promise, Fixed faced regulatory challenges and was acquired by Lawgix in 2016. By 2025, the company is no longer operational, rendering its net worth effectively zero.
The Rise and Fall of Fixed
Fixed aimed to simplify the process of contesting parking tickets by allowing users to upload a photo of their ticket and automatically generate a dispute letter. The app gained attention for its innovative approach to a common problem. However, despite initial success and investor interest, Fixed encountered significant obstacles that led to its eventual shutdown.
What Happened on Shark Tank?
David Hegarty entered the Shark Tank seeking $700,000 for a 5% equity stake, valuing Fixed at $14 million. Mark Cuban offered $700,000 for 7% equity, which Hegarty accepted on air. However, the deal was never finalized post-show.
“We had worked with an ethics attorney in L.A. to stay in compliance with all these rules and regulations, but it just became really hard. It was another stranglehold on the business.
If you were a Shark, would you have invested in Fixed Parking Ticket during their pitch?
Fixed Pitch on Shark Tank
| Company name | Fixed |
| Product | An app that automates the process of contesting parking tickets issued incorrectly |
| Episode | Season 07 Episode 14 |
| Founder | David Hegarty |
| Asked for | $700,000 for 5% equity |
| Final deal | $700,000 for 7% equity |
| Shark | Mark Cuban |
| Location | San Francisco, California |
Post-Shark Tank Developments
After the show, Fixed faced regulatory hurdles, including accusations of unauthorized legal practice and resistance from municipalities. In June 2016, Fixed was acquired by Lawgix, a law firm with a focus on technology. The acquisition was primarily for Fixed’s technology, and the app ceased operations shortly thereafter.
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“We started rubbing up against the existing attorneys in that system, and they would file complaints to the Bar Association about us.
Fixed Parking Ticket Net Worth 2025
As of 2025, Fixed is no longer operational, and its net worth is effectively zero. The company was acquired for an undisclosed amount in 2016, and the app has since been discontinued.
The Founder’s Journey Post-Fixed
Following the shutdown of Fixed, David Hegarty continued his career in the tech industry. He held various roles at companies like Opendoor and Credit Karma before founding Playbook, a financial planning startup, in 2021.
Could Fixed Make a Comeback?
Given the regulatory challenges and the discontinuation of the app, a comeback for Fixed seems unlikely. However, the concept highlighted a significant demand for accessible legal assistance in contesting parking tickets, which may inspire future innovations in the legal tech space.
🔹 TL;DR (Too Long; Didn’t Read)
Fixed Parking Ticket app once caught Mark Cuban’s attention on Shark Tank but shut down after legal hurdles and an unclosed deal.
FAQs
Is Fixed still in business in 2025?
No, Fixed ceased operations after its acquisition by Lawgix in 2016 and is no longer active as of 2025.
Did Fixed get a deal on Shark Tank?
Yes, a deal was made on air with Mark Cuban for $700,000 in exchange for 7% equity, but it was not finalized after filming.
Who owns Fixed now?
Fixed was acquired by Lawgix in 2016. The terms of the acquisition were not disclosed.
What is David Hegarty doing now?
David Hegarty is the founder and CEO of Playbook, a financial planning startup focused on tax optimization for higher-earning millennials.
