Shark Wheel, A helical skateboard wheel, was started by David Patrick and Zack Fleishman in August 2013. As of September 2023, Shark Wheel net worth is $3.6 million and they’re pulling in a whopping $10 million in annual revenue.
In May 2015, they appeared on season 6 of Shark Tank USA and made a deal with Kevin O’Leary, Mark Cuban and Nick Woodman, for $225,0000 for 7.5% of equity. The final valuation was $3 million, down from the founder’s initial estimate of $2 million.
Shark Wheel is still in business as of September 2023. The company has also been featured in a number of media outlets in recent years, including Forbes, Entrepreneur, and Inc. Now you can purchase products from their official website.
Shark Wheel Net Worth
|Net worth||$3.6 million (2023)|
|Annual Sales Revenue||$10 million (2022)|
|Profits||Not publicly available|
|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 Net Worth Timeline
|Net Worth 2023||$3.6 million|
|Net Worth 2022||$4 million|
|Net worth valuation 2015 after appearing on Shark Tank||$2 million|
|Net worth valuation 2015 before appearing on Shark Tank||$3 million|
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 2023.
|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.|
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.