Shark Wheel, founded by David Patrick and Zack Fleishman, appeared on Shark Tank in 2015, securing a $225,000 investment from Mark Cuban, Kevin O’Leary, and Nick Woodman.
The company has since expanded its helical wheel technology beyond skateboards to applications in luggage, farming, and material handling. As of 2024, Shark Wheel has an approximate net worth of $3.6 million.
The company remains privately held, with a valuation of $25.5 million as of 2019. Notable milestones include partnerships with major brands and government grants for agricultural innovations.
Shark Wheel Net Worth
Estimated Net worth | $3.6 million (2024) |
Annual Sales Revenue | $10 million (2024) |
Lifetime sales | Not publicly available |
Investor | Kevin O’Leary, Mark Cuban and Nick Woodman |
Founder | David Patrick and Zack Fleishman |
Employees | Less than 10 employees |
Shark Wheel Pitch on Shark Tank
Company name | Shark Wheel |
Product | Helical skateboard wheels |
Episode | Season 06 Episode 29 |
Founders | David Patrick and Zack Fleishman |
Asked for | $100,000 for 5% Equity |
Final deal | $225,0000 for 7.5% Equity |
Sharks | Kevin O’Leary, Mark Cuban and Nick Woodman |
Location | Lake Forest, California |
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Shark Wheel Founders
Shark Wheel was founded by David Patrick and Zack Fleishman in 2013. Patrick is a serial inventor and entrepreneur. He has founded several successful companies, including Proventedge Technologies and California Capital. Shark Wheel’s founders, David Patrick and Zack Fleishman, have a net worth of $3.6 million as of 2024.
Key accomplishments
Year | Accomplishment |
2015 | Appeared on Shark Tank season 5 and Kevin O’Leary, Mark Cuban and Nick Woodman invested $225,0000 for 7.5% Equity. |
2017 | Expanded product line to include new wheel designs and accessories. |
2022 | Continued to grow sales and expand into new markets. |
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 Shark Wheel and its continued success.