“Smartwheel ” got featured on Shark Tank America in February 2013. The current net worth of Smartwheel is unknown, as the business is not in operation since 2019. And the product is no longer available in the market. According to our online research, Smartwheel went out of business in 2019.
| Smartwheel ’s Net worth before appearing on Shark Tank | 666,000 USD (business valuation) |
| Smartwheel ’s Current Net worth (2023) | Out of Business |
| Episode | Season 04 Episode 16 |
| Company name | Smartwheel |
| Product | Intelligent steering wheel that helps prevent distracted driving |
| Founder | TJ Evarts, Jaiden Evarts, Bryeton Evarts, Paige Balcom, Emily Balcom, and Kate Balcom |
| Asked for | $100,000 for 15% Equity |
| Final deal | $100,000 for 30% Equity |
| Shark | Robert Herjavec and Mark Cuban |
| Business status | Out of Business |
| Location | USA |
Smartwheel ‘s founders, TJ Evarts, Jaiden Evarts, Bryeton Evarts, Paige Balcom, Emily Balcom, and Kate Balcom’s net worths are unknown as of 2023.
Conclusion:
Some companies that appear on the show have not achieved great success, and the Smartwheel was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, the Smartwheel went out of business in 2019. And the product is no longer available in the market.