The SMART Tire Company Shark Tank Update

The SMART Tire Company Shark Tank Pitch

Earl Cole and Brian Yennie appeared on Shark Tank Season 13, Episode 10, which aired on January 6, 2022, with high performance tires using nitinol tire technology.

The SMART Tire Company is listed in the Travel Auto category. In plain terms, the business is described as high performance tires using nitinol tire technology.

The SMART Tire Company asked the Sharks for $500,000 for 2.5%, implying a valuation of about $20 million.

The source data lists no completed on-air deal for The SMART Tire Company.

This pitch is included as context for the more important question: what happened after Shark Tank.

The SMART Tire Company After Shark Tank

The SMART Tire Company left Shark Tank without a deal. The pitch was more deep-tech development story than finished consumer product, using shape-memory alloy tire technology rather than conventional rubber tires. (The SMART Tire Company Shark Tank Update

After the episode, the company raised $80,917 through StartEngine, but the original products were still not publicly available at the time of the follow-up coverage. (The SMART Tire Company Shark Tank Update

The company keeps a public website, but because the consumer product path remains unclear, the current status is best listed as unknown or development-stage rather than a normal operating retail business. (The SMART Tire Company Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches