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Shark Wheel Shark Tank Update: What Happened After Shark Tank?

SEASON 6 EPISODE 29
Pitchhelical skateboard wheels
EntrepreneurDavid Patrick and Zack Fleishman
Asked For$100,000 for 5%
Deal $225,0000 for 7.5% + 10% royalty until $500,000 is repaid
SharkKevin O’Leary, Mark Cuban and Nick Woodman
StatusIn Business

Company Background

What is Shark Wheel?

Shark Wheel is an innovative company and product that’s proven the wheel most certainly can be reinvented. The Shark Wheel’s design is based on the cube and is inspired by nature’s alternating movement. Skateboards, luggage, forklifts, casters, and farming equipment are more efficient when using the scientifically proven Shark Wheel.

Who are the Founders?

Shark Wheel is an innovative company and product that’s proven the wheel most certainly can be reinvented. The Shark Wheel’s design is based on the cube and is inspired by nature’s alternating movement. Skateboards, luggage, forklifts, casters, and farming equipment are more efficient when using the scientifically proven Shark Wheel.

Founder’s Story

While Patrick was running his two businesses, Fleishman was establishing his professional tennis playing career. Their paths converged when Patrick suffered from health problems, and Fleishman sustained injuries that ended his professional tennis aspirations.

Patrick and Fleishman met through Gavin MacMillan, a sports performance specialist. Coincidentally, MacMillan was Fleishman’s tennis coach and was helping Patrick on his road to recovery.

MacMillan knew of Fleishman’s keen interest in science and thought he’d appreciate Patrick’s discovery of a helical wheel inspired by the movement of sharks, radio waves, and planets. Soon after meeting, they’d team up to create the revolutionary Shark Wheel.

What Happened After Shark Tank Update

Is Shark Wheel Still in Business?

Shark Wheel is still going strong with a business valuation worth more than $25 million. It established itself as a credible research and development company. Fortune 500 companies, universities, and the U.S. military all became customers of Shark Wheel. Patrick and Fleishman have since moved their focus to industrial markets.

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