Sway Motorsports

Sway Motorsports - Automotive

Sway MotorsportsDidn't CloseTechnologyWebsitePalo Alto, CAby Joe WilcoxS6E29

Pitch Details

Season / Episode

S6E29

May 15, 2015

Ask

$300,000

for 10%

Ask Valuation

$3M

Deal

$300,000

for 20%

Deal Terms

Amount$300,000
Equity20%
Valuation$1.5M
Mark CubanMark Cuban

What Happened Next

Operating
0
  • Appeared on Season 7, no deal made
  • Three-wheeled electric vehicle/trike
  • Manufacturing and regulatory challenges proved insurmountable
  • Could not secure sufficient funding to bring to market at scale
  • Company ceased operations

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