Shark Wheel

Reinventing the Wheel

Company Information

Website:

https://sharkwheel.com/

Sector:

Other Transportation

Location:

Lake Forest, CA

Shark Wheel has reinvented the wheel.

Traditional wheels “knife” into surfaces, digging deeper with each rotation until the forward motion stops. Shark Wheel’s redesigned wheel features an alternating pattern that “bites” into surfaces, keeping the wheel from digging in and enabling it to move more easily across a surface.

Shark’s Wheel’s creation can be used on everything from wheelchairs to strollers to forklifts. The company has multiple patents and has generated more than fifteen million dollars in lifetime revenue.

Team Background

David Patrick - Chief Technology Officer

David is the inventor of Shark Wheel.

Prior to starting the company, he founded Pacific Western Financial, a mortgage loan company. He later sold he company and used the funds to start his second company, Proventedge Technologies.

Proventedge Technologies is a software company focused on the mortgage banking industry. While there, David developed software for processing loans, and his company was the first to successfully submit loans to Freddie Mac (OTCMKTS: FMCC), a mortgage loan company.

He worked alongside CEO Gary Fleishman at 4sphere, developing the company’s wind turbine.

Gary Fleishman - Chief Executive Officer

Prior to starting Shark Wheel, Gary served as CEO of 4sphere, an energy company developing a versatile, cost-effective wind turbine.

For 20 years, he worked for Coldwell Banker, a real estate company. While there, he served as a branch manager for multiple cities, and rose to Senior Vice President of the company’s Residential Brokerage department.

Gary earned a Bachelor’s and Master’s degree from California State University.

Zack Fleishman - Chief Operating Officer

Zack was previously Chief Operating Officer for 4sphere, the energy company where his father, Gary, served as CEO.

A former professional tennis player, Zack was President of Z Management, a company providing tennis lessons, clinics, and camps.

In addition, he had a 12-year career with the Association of Tennis Professionals.

He studied business and economics at UCLA.

Co-Investors

Raising
$5 million
Committed
$335.776K (7%)
Current Valuation
$60 million Cap / 0% Discount
Min. Investment
$250
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
Finance History
  • $50K
    2015-02-27
    Unknown
  • $50K
    2015-09-25
    Unknown
  • $750K
    2016-03-15
    Unknown
  • $500K
    2016-03-15
    Unknown
  • $627.728K
    2017-07-19
    Unknown
  • $250K
    2017-12-28
    Unknown
Notable Investors
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