Shark Wheel
Early Stage
The Reinvention of the Wheel.
Overview
Raised: $534,921
Total Commitments ($USD)
Platform
StartEngine
Start Date
01/31/2019
Close Date
04/30/2019
Min. Goal
$10,000
Max. Goal
$535,000
Min. Investment
$249
Security Type
Equity - Common
SEC Filing Type
RegCF
Pre-Money Valuation
$25,500,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$6,010
# of Investors
525
Momentum
Funded
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Year Founded
2018
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Location
Lake Forest, California
Shark Wheel, with a pre-money valuation of $25 million, is raising funds on StartEngine. Shark Wheel is reinventing the wheel. Contrary to the traditional wheels that dig deep into soft surfaces, shark wheels bite into the surface and allow it to travel effortlessly. The company was formed in October 2012 by David Patrick. Shark Wheel has successfully raised $79,300 on Kickstarter in June 2013. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $535,000. Shark Wheel is already developing wheels for luggage, farming, wheelchairs, hospital beds, lawn and garden mowers, roller skates, and office chairs. The invention has received several awards and government grants.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Shark Wheel | 01/27/2023 | StartEngine | $42,867,875 | $798,101 | Equity - Common | Funded | RegCF |
| Shark Wheel | 02/11/2022 | Wefunder | $40,407,538 | $952,065 | Equity - Common | Funded | RegCF |
| Shark Wheel | 01/27/2021 | Wefunder | $34,900,000 | $529,210 | Equity - Common | Funded | RegCF |
| Shark Wheel | 04/29/2020 | Wefunder | $30,000,000 | $541,306 | Equity - Common | Funded | RegCF |
| Shark Wheel | 04/30/2019 | StartEngine | $25,500,000 | $534,921 | Equity - Common | Funded | RegCF |
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