Entrepreneurs Chris Ellis and Josh Aviv took their firm, SparkCharge to the Sharks on ABC’s Shark Tankto see if they may rating an funding of their expertise.
The founders pitched their product to Sharks Lori Greiner, Mark Cuban, Kevin O’Leary, Daymond John in addition to visitor Shark Blake Mycoskie. The premiere episode of the season was filmed in Las Vegas in August 2020 with intensive COVID-19 security protocols in place.
According to the episode synopsis, the lads are “two tech-savvy entrepreneurs from Somerville, Massachusetts” who “put the pedal to the metallic after they show off their moveable electrical car charger.”
Here’s what you need to find out about SparkCharge from Shark Tank:
1. The Co-Founders Have Diverse Backgrounds
Co-founders Joshua Aviv, Chris Ellis and Richard Whitney come from various backgrounds, according to their LinkedIn pages.
Aviv graduated from Syracuse University with a Bachelor of Arts in economics in 2015 and went on to obtain a certificates in Data Science in addition to a Master of Science in data administration, which he acquired in 2017. He has labored as a researcher, a communications and net improvement assistant, knowledge and advertising supervisor, and is now the CEO of SparkCharge.
Chris Ellis is the chief expertise officer at SparkCharge. Ellis attended Onondaga Community College and later the University of California, San Diego the place he acquired his Bachelor of Science diploma in electrical engineering.
Richard Whitney is the chief engineer at SparkCharge. He attended the Rochester Institute of Technology the place he graduated with a Bachelor’s Degree in electrical engineering expertise in 2016. He has been full-time at SparkCharge since January 2018.
2. They Have Raised Over $5 Million
Long-timeShark Tankviewers know that typically the sharks hesitate when corporations have raised an excessive amount of cash earlier than getting onto the show, and that could be one thing that SparkCharge runs into whereas within the tank.
According to All Shark Tank products, SparkCharge raised $5 million since its launch in 2017.
Since electrical autos are rising in reputation, it is doable that the Sharks will nonetheless see this product as one thing they need of their portfolio, nonetheless.
3. The Product Comes in Four Sizes
At the time of writing, the SparkCharge is obtainable to buy in 4 totally different sizes, which shoppers will select from relying on their impartial wants, according to the SparkCharge website.
The “Level 1 Package” is the smallest of the SparkCharge merchandise and can supply drivers an extra 24-30 miles of vary when used. The “Level 2 Package” is only a bit larger, providing 10.5 kWh and including 36-45 miles of vary in a single cost.
The two bigger chargers are the “Level 3 Package” and the “Level 4 Package.” The Level 3 provides 48-60 miles of vary, and the most important charger provides 60-75 miles of vary per cost.
4. The Co-Founders Watched Every Episode of ‘Shark Tank’
According to an interview with WKBW News, the founders watched each single episode ofShark Tankso as to put together for his or her look on the show.
“We truly ready by watching each episode ofShark Tank,” Ellis instructed the outlet. “From the second we determined it was the fitting time to apply for the show we began watchingShark Tankto perceive what we wanted to do to safe a deal on the show as a result of it is actually what it is all about.”
Aviv instructed the outlet that being on the show was a “thrill” and likewise referred to as their time within the tank a “nice studying expertise.”
5. TheyPurpose to be Sustainable & Eco-Friendly
According to the SparkCharge website, the corporate may be very all for sustainability, social affect and the democratization of power.
“Our dedication to sustainability is inherent in every little thing we do – from our firm tradition to the lifecycle of our product,” the web site reads. “We endeavor to create closed-loop methods to hold our ecological and carbon footprint as small as doable, and actively fight the causes of local weather change.”
The web site states that every moveable charging station can final 4 years or extra relying on how typically it’s utilized by the buyer.
Shark Tankairs on Fridays at 8 p.m./7 p.m. central on ABC. Tune in to see if the Spark Charge founders get a deal.