SparkCharge, a Portable battery for electric vehicles, was started by Joshua Aviv and Christopher Ellis in 2017. As of September 2023, SparkCharge net worth is $186 Million and they’re pulling in a whopping $15.9 Million in annual revenue.
On October 16, 2020, they appeared on Season 12 of Shark Tank USA and made a deal with Mark Cuban and Lori Greiner, for $1,000,000 for 10% equity. The final valuation was $10 Million, down from the founder’s initial estimate of $16 Million.
SparkCharge is still in business and its services are available through the official website.
SparkCharge Net Worth
| Net worth | $186 Million (2023) |
| Annual Sales Revenue | $15.9 Million (2022) |
| Profits | – |
| Lifetime sales | $ 50 Million (2022) |
| Investors | Mark Cuban and Lori Greiner |
| Founders | Joshua Aviv and Christopher Ellis |
| Employees | 10 to 50 |
SparkCharge Net Worth Timeline
| Net Worth 2023 | $186 Million |
| Net Worth 2022 | $130 Million |
| Net Worth 2021 | $80 Million |
| Net Worth 2020 | $30 Million |
| Net worth valuation in 2020 after appearing on Shark Tank | $10 Million |
| Net worth valuation in 2020 before appearing on Shark Tank | $16 Million |
SparkCharge Pitch on Shark Tank
| Company name | SparkCharge |
| Product | Portable battery for electric vehicles |
| Episode | Season 12 Episode 01 |
| Founders | Joshua Aviv and Christopher Ellis |
| Asked for | $1,000,000 for 6% equity |
| Final deal | $1,000,000 for 10% equity and 4% advisory shares |
| Sharks | Mark Cuban and Lori Greiner |
| Location | Grand Union Blvd, Somerville, MA |
Don’t miss these products from Season 12
SparkCharge Founders
SparkCharge was founded by Joshua Aviv and Christopher Ellis in 2017. They got this idea because the EVs wouldn’t have enough battery power to reach their destination. Founders are very smart to grow the business by making smart decisions. SparkCharge’s founders, Joshua Aviv and Christopher Ellis, have a net worth of USD 21 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | SparkCharge ev company is the first company to create an EV charging system and network in a smartphone app |
| 2020 | SparkCharge ev company have partnerships with Kia Motors, Hertz, and Uber |
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 SparkCharge and its continued success.