Shark Wheel Shark Tank Update

Outdoor Recreation

Fell ThroughNow:OperatingFitness & SportsSeason 6, Episode 29Lake Forest, CAby David Patrick and Zack FleishmanWebsite

What Happened to Shark Wheel After Shark Tank

Is Shark Wheel still in business? Yes — still in business.

Deal Fell Through

Deal with Mark Cuban and Troy Carter never closed; company raised $627K via equity crowdfunding on StartEngine instead

  • Deal with Cuban, O'Leary, Nick Woodman did not close
  • 3x NSF government grant recipient
  • Expanded to luggage and farming tools
  • Fortune 500 companies use in forklifts, medical, farming
  • Raised $627K on StartEngine 2017

Last verified Apr 1, 2026.

Get updates on Shark Wheel

The Shark Wheel Shark Tank Pitch

David Patrick and Zack Fleishman of Lake Forest, CA pitched Shark Wheel on Shark Tank Season 6, Episode 29, which aired Friday, May 15, 2015, asking for $100,000 for 5% of the company — a $2M valuation.

Mark Cuban, Robert Herjavec and Nick Woodman teamed up and agreed to invest $225,000 for 7.5% equity, valuing the company at $3M, plus a royalty per unit. The deal fell through after the show. Deal with Mark Cuban and Troy Carter never closed; company raised $627K via equity crowdfunding on StartEngine instead.

Watch the Pitch

Pitch Details

Aired
S6E29May 15, 2015
Ask
$100,000for 5%
Ask Valuation
$2M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$225,000
Equity
7.5%
Valuation
$3M
Royalty
yes per_unit
Mark CubanMark CubanRobert HerjavecRobert HerjavecNick WoodmanNick Woodman