The SMART Tire Company

The SMART Tire Company

Growth Stage

World's first high performance airless tire made from space-age materials @ NASA

World's first high performance airless tire made from space-age materials @ NASA


Raised to Date: Raised: $1,095,984

Total Commitments ($USD)



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Close Date


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Security Type

Equity - Preferred



SEC Filing Type

RegCF    Open SEC Filing

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Year Founded



Transportation, Automotive, Aviation, & Aerospace

Tech Sector


Distribution Model




Capital Intensity



Upland, California

Business Type


The SMART Tire Company, with a valuation of $54.5 million, is raising funds on Wefunder. The company is revolutionizing the tire industry with its airless tires made from space-age material and coated with a special rubber-like material. The space-age metals are called shape memory alloys and are based on technology invented by NASA for rover missions to Mars. The company has a customer waiting list of over 5,000 and has strategic partnerships and collaborations with Hyundai, Kia, The Ohio State University, the University of Akron, and Felt Bicycles. Earl Cole and Brian Yennie founded The SMART Tire Company in August 2020. The current crowdfunding campaign has a minimum target of $99,999 and a maximum target of $4.9 million. The campaign proceeds will be used for salaries and benefits, new equipment, research and development, cash reserve, sales and marketing, and general operating expenses.

Summary Profit and Loss Statement

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Financials as of: 02/16/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
The SMART Tire Company 04/28/2024 Wefunder $54,454,595 $1,095,984 Equity - Preferred Active RegCF
The SMART Tire Company 04/28/2022 StartEngine $50,042,425 $81,898 Equity - Preferred Funded RegCF
The SMART Tire Company 08/30/2021 Wefunder $50,000,000 $2,848,694 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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The SMART Tire Company on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $54,454,595
Price per Share: $5.00

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