The Reinvention of the Wheel.

Analytics

Raised to Date: Raised: $534,921

Aggregate Commitments $

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

Funding Type

RegCF

Pre-Money Valuation

$25,500,000

Rolling Commitments $

Status
Funded
Reporting Date

04/30/2019

Days Remaining
Funded
% of Min. Goal

5,349%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$6,010

# of Investors

525

Momentum
Funded
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Location

Lake Forest, California

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

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 $442,527 Equity - Common Active 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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Shark Wheel on StartEngine
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $25,500,000
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