Aira Net Worth 2024 Shark Tank Update

Aira Net Worth - Shark Tank Season 11

Aria’s net worth is $5 million at the beginning of 2024. Also, the company has approximately $4 million in annual revenue. On October 13, 2019, they appeared on Season 11 Episode 3 of Shark Tank USA and made a deal with Kevin O’Leary, Lori Greiner, and Robert Herjavec for $500,000 for 15% equity. Also, the company was rebranded as Freepower and will still be in business in January 2024. Let’s Find out how it became successful, even with a partnership with Tesla after Shark Tank.

Aira Net Wort 2024

Net worth$5 million
Annual Sales Revenue$4 million
Profits
Lifetime sales
InvestorsKevin O’Leary, Lori Greiner, and Robert Herjavec
FoundersJake Slatnick and Eric Goodchild
Employees46

Aira won a deal with three sharks, but there isn’t direct information on whether the agreement was finalized. However, after rebranding, Freepower received around $ 12 million in investor funding in 2021.

The company has a $4 million yearly income and $5 million Net Worth.

Aria Net Wort 2024

Aira Sales And Revenue

The company got a deal with a top company for 33,000 units and paid a royalty of $4 to $10 each when they appeared in the show. But, the company is spending $30,000 a month and needs a shark’s help to increase it to $50,000 for more production.

After receiving the deal of $500,000 at the Shark Tank, the company received $12 million in investor funding in 2021. Now the company is worth around $5 million at the beginning of 2024.

Net Worth Timeline

Net Worth 2024$5 million
Net Worth 2023$5 million
Net Worth 2022$4million
Net Worth 2021$3.5 million
Net Worth 2020$3 million
Net worth valuation 2019 after appearing on Shark Tank$3.3 million
Net worth valuation 2019 before appearing on Shark Tank$7.1 million

How Much Did Kevin O’Leary, Lori Greiner, and Robert Herjavec Make From Aira

Aira Finalized a deal with Kevin O’Leary, Lori Greiner, and Robert Herjavec for $500,000 for 15%. Sharks were constantly updated about the company’s milestones.

According to the equity they own in the company, sharks earn around $750,000 from the company with their net worth.

Competitors Of The Aira

Many other companies are competing against it in the wireless charging market. Some of its main rivals are Powermat, Ossia, and WiTricity, which also offer similar solutions.

Dont miss these products from Season 11

Aira Shark Tank Update

YouTube video
Company nameAira
ProductFree position wireless charging surface
EpisodeSeason 11 Episode 03
FounderJake Slatnick and Eric Goodchild
Asked For$500,000 for 7% equity
Final Deal$500,000 for 15% equity
SharkKevin O’Leary, Lori Greiner, and Robert Herjavec
LocationChandler, Arizona, United States

The three sharks excitedly shared their thoughts on social media as soon as the show aired. They released the official product FreePower in 2020, wholly rebranded as FreePower.

They gained $12 million in investment from investors like Market Track CFO Jawad Ashan and auto parts supplier Motherson.

In December 2022, FreePower and Tesla joined forces to create a new series of chargers that work without cords. It won the CES Innovation Awards in 2021 and 2022 and is still in business with a $5 million net worth.

What Is Aira?

According to Aira’s website, Aira’s full-stack solution is designed for companies that want to deliver the most advanced wireless charging experiences. We engineer the coil structure, power electronics, and controlling firmware, providing a complete hardware and software module that seamlessly integrates into our partners’ products.

Aira’s technology explained.

You can place your device anywhere on the mat rather than your conventional wireless charging deck on Aira. Aira’s CEO, Jake Slatnick, correctly explained the technology. 

YouTube video

Aira Founders

 Jake Slatnick and Eric Goodchild are the co-founders of Aira Wireless Charger, which later rebranded Aira FreePower. The company was founded in 2017. In 2021, Eric Goodchild left his role as CTO and board member at Aira, a wireless charging startup. The founder, Jake Slatnick, is still in charge as the CEO.

The company was named one of Fast Company’s Top 10 most innovative consumer electronics companies in 2022. Followingly, Jake was later named a 2023 Forbes 30 Under 30 honoree.

FAQ

Is Aira Still In Business?

Yes, Aira is still in business in January 2024.

What Is Aira’s Yearly Revenue In 2024?

Aira aka Freepower has $4 million yearly revenue in January 2024.

Who Invested In Aira?

Kevin O’Leary, Lori Greiner, and Robert Herjavec invested in Aira.

What Is Airas Net Worth In 2024?

The Aira Wireless charging company is worth $5 million in 2024.

How Much Did Aira Raise In Second Funding Round?

Aira raised $12 million in second round funding for FreePower.

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