Spark Charge
portable electric car charger
Pitch Details
Season / Episode
S12E1
Oct 16, 2020
Ask
$1M
for 6%
Ask Valuation
$16.7M
Deal
$1M
for 10%
Watch the Pitch
Deal Terms
Amount$1M
Equity10%
Valuation$10M
Mark Cuban
Lori GreinerWhat Happened Next
Thriving
$27M
Company projections 2025
- Deal closed with Lori Greiner for $1,000,000 for 10% equity, 4% advisory shares, and a board seat; Mark Cuban joined as board member
- Struck a deal with Allstate Insurance for The Roadie mobile charging service in March 2021
- 2023 revenue of $15.7 million; projecting over $27 million for 2024
- Raised $78.2 million total; fleet clients include Hertz, Amazon, Lyft, and AAA Northeast
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