The very first pitch on the very first episode of Shark Tank Australia featured a motorised skateboard that folded into a briefcase. Four out of five Sharks made offers. Tony Hawk gave it an endorsement. But a decade later, the Case Board is no longer in production. Here is what happened to Case Boards after Shark Tank.
What Is Case Board?
The Case Board is a motorised electric longboard skateboard that folds up into a compact, briefcase-sized package. Built with an acrylonitrile butadiene styrene thermoplastic casing, the board can reach speeds of up to 30 km/h (21.5 mph) and travel approximately 30 km (18.5 miles) on a single charge. Charging takes between three and five hours, and the board features regenerative braking that returns some charge every time the rider brakes.
Adam Riley, the founder, had been developing the concept for 23 years before he finally brought it to Shark Tank. The board that appeared on the show was the fifth and final prototype. Riley runs Epic Skateboards, the parent company behind the Case Board.
The Shark Tank Pitch
Adam appeared on the very first episode of Shark Tank Australia Season 1 in February 2015, seeking $20,000 for 10% equity. Each board cost approximately $500 to produce and was sold to the public at $500.
Riley’s start was rough. He was visibly nervous and struggled with his delivery early on. But once the demonstration began, the mood changed completely. The Sharks were genuinely impressed by the folding mechanism and the board’s performance.
Four out of five Sharks made offers. Riley proved to be a sharp negotiator despite his initial nerves. He identified Andrew Banks as the most valuable partner due to Banks’ connections in the American market. Riley negotiated a joint deal between Banks and Janine Allis, with each investing $20,000 for a combined 35% equity. Banks also added an $80,000 loan to boost immediate cash flow.
What Happened After Shark Tank?
After the show, Case Boards gained decent media coverage on technology and skateboarding sites. An endorsement from legendary skateboarder Tony Hawk boosted the product’s credibility among the skateboarding community.
However, the Case Board faced challenges that proved difficult to overcome. The retail price of around $890-$1,000 positioned it at the premium end of the electric skateboard market. Competitors offering simpler, cheaper electric boards began flooding the market. The folding mechanism, while innovative, added complexity and a potential structural weakness that standard electric skateboards did not have.
Legal issues also emerged. In some Australian cities, motorised skateboards fell into regulatory grey areas, limiting where the product could actually be used legally.
No updated Case Board models were released after 2016. Instead, Epic Skateboards, the parent company, shifted its focus to other electric skateboard models including the Dominator and Racer. The Case Board was eventually discontinued from the product lineup.
In 2025, ASIC (the Australian Securities and Investments Commission) issued a proposed deregistration notice for Epic Skateboards, though the ABN remained active. The future of the parent company is uncertain.
Case Boards Net Worth 2026
As of 2026, Case Boards has an estimated net worth of approximately $100,000-$150,000 AUD, though this is speculative given the product has been discontinued and limited financial data is available.
The Case Board was a genuinely innovative product that impressed the Sharks and earned endorsements from skateboarding royalty. But innovation alone is not enough. Pricing, competition, regulation, and the challenge of iterating on a complex product all contributed to the Case Board’s decline. Sometimes the coolest product in the room is not the one that wins the market.