SparkCharge Net Worth 2024 Update (Before & After Shark Tank)

spark-charge-shark-tank

SparkCharge, a Portable battery for electric vehicles, was started by Joshua Aviv and Christopher Ellis in 2017. As of March 2024, 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 (2024)
Annual Sales Revenue$15.9 Million (2022)
Profits
Lifetime sales$ 50 Million (2022)
InvestorsMark Cuban and Lori Greiner
FoundersJoshua Aviv and Christopher Ellis
Employees10 to 50

SparkCharge Net Worth Timeline

Net Worth 2024$186 Million
Net Worth 2023$186 Million
Net Worth 2022$130 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 nameSparkCharge
ProductPortable battery for electric vehicles
EpisodeSeason 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
SharksMark Cuban and Lori Greiner
LocationGrand 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

YearAccomplishment
2023SparkCharge ev company is the first company to create an EV charging system and network in a smartphone app
2020SparkCharge 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.

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