Sparkcharge Shark Tank Net Worth (Updated 2026).

SparkCharge, a revolutionary company specializing in wireless charging solutions for electric vehicles, was catapulted into the spotlight when it appeared on the popular TV show, Shark Tank. The founders, Josh Aviv and Alex Israel, pitched their innovative product, a wireless charging pad for EVs, to the panel of investors, known as “sharks,” in 2018. Their groundbreaking idea and compelling presentation captured the attention of the sharks, leading to a groundbreaking deal with investor Kevin O’Leary.

Following their successful appearance on Shark Tank, SparkCharge gained significant media attention and consumer interest. The company’s innovative product, which allows electric vehicles to be charged wirelessly and conveniently, resonated with the public, leading to a surge in sales and partnerships. SparkCharge’s appearance on the show not only launched their career but also brought wireless EV charging into the mainstream consciousness, paving the way for a more sustainable and convenient future in the electric vehicle industry.

SparkCharge’s Current Net Worth (2025)

As of 2025, SparkCharge, the innovative electric vehicle (EV) charging startup that appeared on Shark Tank, is valued at an impressive $100 million. This significant increase from its initial valuation on the show reflects the company’s remarkable growth and success in the burgeoning EV market.

Career

Founded by CEO Joshua Aviv, SparkCharge launched in 2017, focusing on portable, on-demand EV charging solutions. Aviv, a graduate of the University of Hartford with a degree in Entrepreneurship, had previously worked in the renewable energy sector, honing his skills in sustainable energy solutions. His innovative approach to EV charging earned SparkCharge a spot on Shark Tank in 2020, where it secured a $500,000 investment from Mark Cuban and Lori Greiner in exchange for a 20% equity stake.

Other Ventures

Beyond SparkCharge, Aviv has been involved in other entrepreneurial ventures. He co-founded the Hartford Startup House, a co-living and co-working space for entrepreneurs, in 2016. Aviv’s passion for innovation and sustainability has also led him to mentor and invest in other startups, contributing to the growth of the clean energy sector.

Assets

SparkCharge’s primary asset is its innovative technology, which allows EVs to charge anywhere using a portable, battery-powered charging unit. The company also owns its intellectual property, including patents for its unique charging system. Additionally, SparkCharge’s fleet of charging units and strategic partnerships with automakers and charging infrastructure providers are significant assets contributing to its success.

Annual Income

SparkCharge’s annual income has seen steady growth since its inception. In 2021, the company generated $5 million in revenue, a significant increase from the previous year. As of 2025, SparkCharge’s annual income is projected to reach $25 million, reflecting the company’s expanding customer base and increasing demand for its innovative charging solutions.

Frequently Asked Questions about  Sparkcharge Shark Tank

1. What is SparkCharge?

SparkCharge is a company that provides on-demand electric vehicle (EV) charging services. They have developed a mobile app that allows EV owners to schedule and request charging services at their location.

2. When did SparkCharge appear on Shark Tank?

SparkCharge appeared on Shark Tank in Season 12, Episode 17, which aired on March 12, 2021.

3. How much money did SparkCharge ask for in the Shark Tank pitch?

SparkCharge asked for $500,000 in exchange for a 10% equity stake in the company, which valued the company at $5 million.

4. Who invested in SparkCharge on Shark Tank?

Kevin O’Leary (Mr. Wonderful) invested $500,000 in SparkCharge in exchange for a 20% equity stake in the company. This was a deal that SparkCharge initially rejected, but they eventually accepted after negotiating.

5. What is the latest estimated net worth of SparkCharge?

The latest estimated net worth of SparkCharge is $10 million.

6. How does SparkCharge make money?

SparkCharge makes money by charging customers for their on-demand charging services. They offer different pricing tiers based on the amount of energy delivered and the time of day.

7. What are the expansion plans for SparkCharge?

SparkCharge plans to expand its services to more cities and states across the United States. They also aim to diversify their offerings to include other EV-related services, such as maintenance and repair.

8. How does SparkCharge compare to other EV charging companies?

SparkCharge differentiates itself from other EV charging companies by offering on-demand charging services at the customer’s location. This is unlike traditional charging stations or even mobile charging services that require the customer to go to a specific location.

9. What challenges has SparkCharge faced since appearing on Shark Tank?

Since appearing on Shark Tank, SparkCharge has faced challenges such as managing rapid growth, scaling its operations, and navigating regulatory hurdles in the EV charging industry.

10. What advice does SparkCharge have for aspiring entrepreneurs?

SparkCharge’s founders advise aspiring entrepreneurs to be persistent, believe in their vision, and not be afraid to take risks. They also emphasize the importance of building a strong team and seeking mentorship from experienced entrepreneurs.