Acton Shark Tank Update

Acton Shark Tank Pitch

Peter Treadway appeared on Shark Tank Season 7, Episode 1, which aired on September 25, 2015, with smart electric skates – like a segway for your feet.

Acton is listed in the Fitness Outdoors category. In plain terms, the business is described as smart electric skates – like a segway for your feet.

Acton asked the Sharks for $1,000,000 for 3.5%, implying a valuation of about $28.6 million.

The source data lists no completed on-air deal for Acton.

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

Acton After Shark Tank

Acton left Shark Tank without an on-air deal. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (Acton Skates and Scooters Shark Tank Update

Acton reported annual revenue of $6 million. (Acton Skates and Scooters Shark Tank Update

As of August, 2022, Acton no longer sells its skates. (Acton Skates and Scooters Shark Tank Update

The company re-branded itself as Acton Global. (Acton Skates and Scooters Shark Tank Update

The company is now in the business of providing electric bikes and scooters to cities and large campuses. (Acton Skates and Scooters Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches