GeoOrbital, an upgrade to make a traditional bicycle become an electric bike, was started by Dakota Decker and Michael Burtov in 2014. As of November 2023, GeoOrbital net worth is $7 million. And they’re pulling in a whopping $5 million in annual revenue. 

In 2017 they appeared on season 9 of Shark Tank USA. Seeking $500,000 for 5% of equity valuing the company at $1 million. But the Sharks didn’t pay interest on investing in GeoOrbital. The GeoOrbital wheel had not been extensively tested or validated. And the Sharks were concerned about the risk of product liability.

GeoOrbital is still in business. Despite these challenges, GeoOrbital still has a dedicated following of customers who appreciate the company’s innovative products. They have also received positive reviews from customers who have purchased their products. To purchase their products online, visit their official website.

GeoOrbital Net Worth

Net worth$7 million (2023)
Annual Sales Revenue$5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNone
FounderDakota Decker and Michael Burtov
Employees25 employees

GeoOrbital Net Worth Timeline

Net Worth 2023$7 million
Net Worth 2022$7 million
Net worth valuation 2017 after appearing on Shark Tank  $1 million
Net worth valuation 2017 before appearing on Shark Tank  $1 million

GeoOrbital Pitch on Shark Tank

Company nameGeoOrbital
ProductUpgrade to make a traditional bicycle become an electric bike
EpisodeSeason 09 Episode 07
Founders Dakota Decker and Michael Burtov
Asked for$500,000 for 5% equity
Final dealNone
Shark None
LocationSomerville, Massachusetts

GeoOrbital Founders

Dakota Decker and Michael Burtov found GeoOrbital in 2014. Burtov is a serial entrepreneur with a background in engineering and business. He has a passion for innovation and sustainability. He believes that GeoOrbital has the potential to revolutionize the way people get around. GeoOrbital’s founders, Dakota Decker and Michael Burtov, have a net worth of $7 million as of 2023.

Key accomplishments

YearAccomplishment
2017Appeared on Shark Tank season 09
2019Launched the GeoOrbital E3 wheel
2020Received a patent for its wheel technology

Conclusion

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 GeoOrbital and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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