Smart Wheel

The Smart Wheel - Automotive

Smart WheelDidn't CloseAutomotiveWebsiteLondonderry, NJS4E16

Pitch Details

Season / Episode

S4E16

Feb 15, 2013

Ask

$100,000

for 15%

Ask Valuation

$666,667

Deal

$100,000

for 30%

Watch the Pitch

Deal Terms

Amount$100,000
Equity30%
Valuation$333,333

What Happened Next

Deal Fell Through

Could not agree on licensing terms with sharks post-show

Operating
0
  • Deal with Mark Cuban and Robert Herjavec for $100K/30% never closed
  • Created by teenage inventors 'The Inventioneers'
  • Deal fell through due to licensing disagreements
  • Never moved past prototype stage
  • No active website as of 2023

Get updates on Smart Wheel