Sway Motorsports Net Worth/Revenue 2021, Shar Tank deal In 2015, Founder
In 2021, what is the current market worth of Sway Motorsports? Let's have a look.
In 2021, what is the current market worth of Sway Motorsports? Let's have a look.
The Sway, a three-wheeled electric scooter, was designed by Sway Motorsports. It is powered by a Lithium-Ion battery and is propelled by tilting.
Sway is an electric car startup situated in Mountain View, California. It was established with the intention of introducing a new type of electric car for urban use. In California, Sway is putting the beta devices through their paces.
It was formed in Palo Alto, California, in 2013.
Sway Motorsports Revenue 2021 Net Worth
The predicted net worth of Sway Motosport in 2021 has not yet been updated.
The Sway was introduced in 2012 as a cutting-edge three-wheeled tilting scooter, and it was featured on the popular television show Shark Tank in 2015. Pre-orders for the game totaled $1 million after that.
In the summer of 2016, the Sway Lithium was expected to be released. However, no other details regarding the Sway have been revealed.
Shark Deal with Sway Motorsports in 2015
In 2015, Sway's founder, Joe Wilcox, pitched his company on Shark Tank.
He entered the Tank in search of a $300,000 20 percent equity investment. Despite the fact that every Shark said they thought Wilcox would be successful, they all left. Mark Cuban accepted Wilcox's $300,000 offer for a 20% interest in Sway Motorsports.
The Shark Tank episode, on the other hand, aired two years later. According to Wilcox, Sway Motorsports is looking for a financial partner to help make the automobile more affordable to consumers.
He hoped to have the partnership in place by 2018, when he planned to showcase a prototype for a faster on-highway vehicle.
Who is the founder of Sway Motorsports?
Joe Wilcox is the founder and CEO of Sway Motorsports. His LinkedIn profile, where he currently has 500+ contacts, can be seen here.
Joe is also a senior designer and Toy Inventor at IDEO, according to the source, and his work can be found in several toy aisles around the United States.
From April 2007 through December 2014, he worked for NASA as an industrial designer. (NASA) is an acronym for the National Aeronautics and Space Administration.