Shark Wheel Net Worth 2023 Update (Before & After Shark Tank)
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 |
Don’t miss these products from Season 6
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.
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.
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