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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 · Class C Common Stock · Jan 2019

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$528.7K / $535K max
99% of ceiling · target hit day 48
Investors
456
$1.2K avg
Post-money valuation
$15.5M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$535K$267K$0
5302650
Jan 30, 2019 · openedMay 1, 2019 · last reading
Target ($10K) hit — Mar 19, 2019, day 48Deadline Apr 30, 2019

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via StartEngine, last checked Oct 4, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2016–FY2017 · hover for source
$709K
−$535K
FY2016
$709K
FY2017
RevenueNet income
Metric
FY2016 reviewed*
FY2017
Income statement
Revenue
$708,820
$708,820
Cost of goods sold
$313,314
$313,314
Gross margin
56%
56%
Net income
-$534,910
$0
Taxes paid
$15,652
$15,652
Balance sheet
Cash
$233,640
$233,640
Accounts receivable
$4,138
$4,138
Total assets
$162,718
$162,718
Short-term debt
$55,369
$55,369
Long-term debt
$0
$0
Total liabilities
$55,369
$55,369
Other
Headcount
11
4

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

Deal terms

Pre-money$15M
Post-money$15.5M
Price / share$2.29
Shares offered6,622

Perks

— 5% bonus shares5% bonus$1K+
— 10% bonus shares10% bonus$2.5K+
— 15% bonus shares15% bonus$7.5K+
all of the above including a personal meeting with David Patrick, see incredible Shark Wheel applications in development and listen to David's scientific discovery that led to Shark Wheel's conception. Location in Lake Forest California. Lodging and transportation not included$10K+
— 20% bonus shares20% bonus$15K+
the above plus free luggage$50K+

Offering details

Target$9,999
Max$534,999
Min investment$249
OpenedJan 30, 2019
DeadlineApr 30, 2019
ClosedApr 30, 2019
Days active90

Links & provenance

Campaign pageSEC filing
Source: SEC EDGAR
0001665160-19-000128
Last synced Sep 1, 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.