Shark Wheel on Wefunder

Shark Wheel reinvented the wheel. Literally. Scientifically proven advantages.

Raise to date: $347,245

Reporting Date: 01/22/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$442,000

Likelihood of Max Extremely
Start Date

12/06/2019

Stop Date

03/27/2020

Days Remaining

64

Security Type

Common Stock

Investment Minimum

$300

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

408

% of Minimum Raised

694%

% of Maximum Raised

79%

Dollars Per Day to Reach Max

$1,481

DPD* Committed

$7,388

DPD* Category

$0

DPD* All Companies

$1,131

Kingscrowd Momentum

$347,245

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Shark Wheel, with a pre-money valuation of $30 million, is raising crowdfunding on WeFunder. The company has reinvented the wheel that has multiple advantages over the traditional wheel. The Shark Wheel has a longer life, a unique approach angle, less charging, and better ability to move over rough terrain. Shark Wheel was founded by Gary Fleishman and has raised over $534,000 in previous rounds of funding. The company has also received two government grants for the application of its technology to the farming wheel. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $442,000, and the funds will be used towards manufacturing, licensing, and marketing. The wheels of the Shark Wheel have various applications, including luggage, farming wheel, printing industry, medical applications, office chairs, casters, skateboards, and many more.

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