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This isn’t Shark Wheel’s most recent raise. Reg CF · Convertible Note · Sep 2026 (Open) is more current.View latest round
Shark Wheel

Reg CF · Common Stock · Jul 2021

ClosedReached targetReg CFCommon Equity
via WeFunder · last checked Aug 23, 2026View campaign
Raised
$962.6K / $4.5M max
22% of ceiling · target hit day 4
Investors
812
$1.2K avg
Post-money valuation
$41.4M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$999K$499K$0
7733870
Jul 22, 2021 · openedFeb 10, 2022 · last reading
Target ($50K) hit — Jul 26, 2021, day 4Deadline Apr 30, 2022 — 79 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder, last checked Aug 23, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2019–FY2020 · hover for source
$1.1M
−$1.8M
FY2019
$2.5M
−$778K
FY2020
RevenueNet income
Metric
FY2019 audited
FY2020
Income statement
Revenue
$1,130,726
$2,468,579
Cost of goods sold
$635,767
$1,497,454
Gross margin
44%
39%
Net income
-$1,820,680
-$778,408
Taxes paid
$25,608
$23,157
Balance sheet
Cash
$289,281
$399,968
Accounts receivable
$142,364
$92
Total assets
$662,016
$933,810
Short-term debt
$139,962
$3,056,776
Long-term debt
$0
$1,918,201
Total liabilities
$139,962
$4,974,977
Other
Headcount
4
10

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Deal terms

Pre-money$40.4M
Post-money$41.4M
Price / share$2.29
Shares offered25,000

Perks

Invest $399+ get 20% off one purchase on SharkWheel.com (excludes electric boards)$399+

Offering details

Target$50,000
Max$4,471,308
Min investment$399
OpenedJul 22, 2021
DeadlineApr 30, 2022
ClosedFeb 10, 2022
Days active203

Links & provenance

Campaign pagePitch videoSEC filing
Source: Manual
0001670254-21-000839
Last synced Aug 23, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.