|SEASON 12 EPISODE 1|
|Pitch||Ultra-fast portable charging unit for electric cars|
|Entrepreneur||Chris Ellis and Josh Aviv|
|Asked For||$1 Million for 6%|
|Deal||$1 Million for 10% + 4% advisory shares|
|Shark||Mark Cuban and Lori Greiner|
What is SparkCharge?
Spark Charge is a Massachusettes based company, which provides a mobile EV Charging service in several Major centers across the U.S.
They’ve created a mobile charging unit that can provide an EV with approximately 1 mile of range for every minute it is charging.
They’ve also developed an app to connect clients with local service contractors.
Who Founded SparkCharge?
The company was co-founded in 2017 by Josh Aviv and Christopher Ellis. Aviv, the company’s CEO is a data scientist, who has worked for various clean technology startups over the last few years.
Ellis is the CTO of the company and comes in with a degree in electrical engineering, and a career specializing in battery management systems.
According to Joshua Aviv, the idea behind Spark Charge came to him while in college, as a discussion with a professor helped him to realize there was a hole in the electric vehicle charging infrastructure that could be detrimental to the sector’s growth.
What happens if your vehicle runs out of battery power while you’re on the road? This is the barrier to EV adoption that Spark Charge believes that they can solve. Aviv is confident that the technology developed by his company and the backing from the Sharks will see further success for Spark Charge.
What Happened After Shark Tank Update
Did SparkCharge Get a Deal on Shark Tank?
On Shark Tank Season 12 Episode 1, Chris Ellis and Josh Aviv entered the Shark Tank seeking $1 million for 6% of the portable electric car charger, SparkCharge, and accepted an offer of $1 Million for 10% with 4% in advisory shares, from Mark Cuban and Lori Greiner.