Aira is a coil-based wireless charging platform. As the world advances with more technological innovations coming up, many entrepreneurs and startups are coming up looking to serve the growing demand for smart devices.
The wireless charging Platform Company, Aira, produces chargers that are designed and aimed to create a harmonious combination with the environment, whilst letting many devices charge simultaneously by using several coils. As of 2022, the company has a net worth of over $4 million.
This design of the new technology is known as “FreePower” which enables the consumer to place the device down in any way, manner, shape, or form and still get optimum charge.
Eric Goodchild and Jake Slatnik are the owners of this company. CEO, Slatnik and CTO, Goodchild are the masterminds behind this incredible wireless charging technology. The two entrepreneurs have been a part of the tech world even before their appearance on Shark Tank.
Aira Is Gaining Popularity
The gadget is not just convenient but is also highly promising. Consumers have found this device easy and quite straightforward. All that needs to be done while using this device is to put it on the pad and allow the unit to do the rest.
Irrespective of where this device is placed, all connected devices will still charge regardless, and the pad will continue to deliver the optimal current for an efficient charge. The pad also comes with many benefits. First, it is slim and lightweight and its technology can be applied in many ways, and according to its consumers, it lives up to its promise.
The Appearance On Shark Tank
Goodchild and Slatnik came onto the Tank with high hopes of securing an investment of $500,000 in exchange for a 7% equity in their firm.
Although most people may have assumed that Tech Boffin Marc Cuban would have been smitten and interested first, he was the one who did not make any investment offers. But, Lori Greiner, Robert Herjavec, and Kevin O’Leary showed some interest in the product and put forward offers.
These three Sharks came together and offered the Aira team $500,000 in exchange for 15% of their firm. The equity would then be divided accordingly among the three investors. Eric and Jake were excited about this offer, were impressed, and readily agreed to take this deal.
Where Is The Company Today?
After their appearance on Shark Tank, the deal did close. Robert seems to be the only Shark that is still involved with the firm. But, that has not stopped them from continuing to produce their devices. Today, the firm is working to put its new technology into all forms of products, including that furniture, cars, and electronic accessories.
The company is making an annual revenue of $4 million and is still growing strong. Aira is highly motivated and determined to influence the technology sector and set the limits.