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August 15, 2022

Whatever Happened To SmartWheel After Shark Tank?

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The Inventioneers would fail to strike a deal with Robert Herjavec and Mark Cuban. While no specific reason is given, the company’s website says they feel leaving the Sharks has allowed them to get the product out faster. This could mean the Sharks wanted to test the product more before releasing it to the public, which would make sense with Cuban on board, who’s an advocate of risk reduction (via Creative Live).

In 2015, the team opened an Indiegogo page to receive crowdfunding with the intention of raising $50,000 for their business. With the promise of shipping the product by summer 2015 and additional perks coming fall and winter, there was plenty to do with the campaign. Unfortunately, it proved unsuccessful as the campaign raised just over $2,000 from 39 backers. Since there were hardly any updates, many supporters were angry, one even felt “ripped off”.

Although SMARTWheel is featured in other media such as Today and MSNBC, it remains largely silent. Your latest social media updates on Facebook and Twitter came out in April 2019 and there are no products available to the public yet.





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