SparkCharge Net Worth – What happened after Shark Tank?

WHAT IS SPARKCHARGE?

SparkCharge is a mobile charging service for electric vehicles across the United States.

SparkCharge is an automotive company that develops and manufactures charging stations for electric vehicles.

SparkCharge create mobile charging units that can provide an electric vehicle with ±1 mile range for every minute of its charging. Additionally, there has also been an app developed which helps connect clients with local service contractors.

Their overarching goal is to make being an electric vehicle owner easy and stress-free by creating an on-the-go charging network.

WHAT IS SPARKCHARGE NET WORTH?

Company Name

SparkCharge

Owners

Chris Ellis and Josh Aviv

Shark

Mark Cuban and Lori Greiner

Equity

10%

Advisory Shares

4%

Investment

$1 million

Location

Somerville, Massachusetts

Net worth

$7.14 million

WHO IS THE OWNER OF SPARKCHARGE?

Chris Ellis and Josh Aviv are the co-founders of SparkCharge. Ellis holds the role of Chief Technology Officer whereas Aviv is the company’s data scientist.

The idea was created in a dorm room when Aviv and his college professor noticed a huge gap in the market, questioning what would happen if a car ran flat in the middle of nowhere.

Over the years, the company as evolved into one of the fastest growing leaders in the industry and it is only just beginning!

WHY IS SPARKCHARGE SO POPULAR?

SparkCharge is a fast, portable charging unit for EVs.

It generates 1 mile for every minute of charging, which is faster than the standard charging units found today. The benefits and convenience that the service offers makes it easy and reliable for customers.

Readily available in many major sectors in the US, regardless of the day or time – if a customer’s car has run flat, SparkCharge has them covered.

SHARK TANK APPEARANCE – DID IT GO THROUGH?

Chris Ellis and Josh Aviv arrived on Shark Tank with the hopes to receive an investment of $1 million for 6% equity.

After successfully pitching their business to the Sharks, Chris and Josh accepted an offer of $1 million for 10% equity and 4% advisory shares from Mark Cuban and Lori Greiner.

Mark admitted that when SparkCharge first speared on the show, he knew they were on the brink of changing the game for the industry.

WHERE IS SPARKCHARGE COMPANY TODAY?

After a successful pitch on the show, SparkCharge is continuing to reach incredible heights.

Continuously working on partnerships with other businesses, they aim make energy more accessible, helping build the notion that owning an electric car is easy and more environmentally friendly on a larger scale.

SparkCharge hopes to continue creating a healthier, cleaner and safer environment by encouraging to grow the electric vehicle market.

CONCLUSION

Ellis and Aviv are determined to continue developing their company and evolving their trustworthy products.

They aim to give their customers an easy, pleasurable experience which allows them to get back onto the road in no time!