After their appearance on “Shark Tank” and the signing of the contract with the investors Lori Greiner and Mark Cuban, SparkCharge continued its successful series. As with most of the companies featured in Shark Tank, the company saw an influx of calls and interest from various companies (via the Atlanta Small Business Network) and in 2021 they would be partnering with companies such as Spiffy and Allstate Roadside, to expand their presence. Demand for EV Charging Services in Many Major Cities (via Newswire). Later that same year, SparkCharge partnered with roadside assistance app Urgently and received an additional $23 million in investment in 2022 with intentions to expand to additional California cities in 2023 (via Cision PR Newswire).
As the EV market gains traction in an increasingly climate-conscious world, SparkCharge offers a solution for those worried about transitioning into this new era. And even before their new success, the “Shark Tank” gang sensed that good things were on the horizon.
“When SparkCharge appeared on Shark Tank, I knew they were on the cusp of something groundbreaking,” investor Mark Cuban told Newswire. “The EV market is growing so fast and to have a network completely free from the legacy of legacy infrastructure is huge. As an EV owner, being able to charge my car while doing other things is priceless.”