DashVibe

Fixed Shark Tank: Founder, Net Worth, and Investment

Are you familiar with the mobile app that revolutionized the way we fight parking tickets? Fixed, a parking ticket app, appeared on Shark Tank, capturing the attention of the investors and viewers alike. In this article, we’ll delve into intriguing details about the founder, net worth, and investment of Fixed, and explore the app’s journey since its appearance on the popular show.

Fixed Shark Tank

Key Takeaways:

  • Fixed, a parking ticket app, was featured on Shark Tank in Season 7 Episode 14.
  • The founder of Fixed is David Hegarty, an engineering graduate and MBA holder.
  • During the Shark Tank pitch, Fixed sought a $700,000 investment for a 5% stake in the company.
  • Despite a deal with Mark Cuban falling through, Fixed raised over $1.8 million in funding.
  • The current net worth of Fixed is unknown, as it was acquired by a major legal firm.

What is Fixed? Who is the founder of Fixed?

Fixed is a mobile application designed to assist users in challenging potential parking fines. The app provides a convenient solution for individuals who want to dispute their parking tickets.

Users can easily upload a photo of their parking ticket through the Fixed app. The app then utilizes advanced scanning technology to detect any errors or irregularities on the ticket. This feature allows users to identify potential grounds for contesting the fine.

After analyzing the uploaded ticket, Fixed generates customized letters that users can use to formally dispute the ticket’s issuance. These letters are tailored to reflect the specific details of each case and help users present a strong argument to contest the ticket.

Fixed is a game-changer for people dealing with unfair parking fines. With its user-friendly interface and automated letter generation, it takes the hassle out of challenging tickets and increases the chances of a successful appeal.” – Parking Solutions Magazine

The founder of Fixed is David Hegarty. He is a California native who holds an engineering degree from University College Dublin and an MBA from Northwestern University. Hegarty created Fixed to address the difficulties and inefficiencies that people face when contesting parking tickets.

With his background in engineering and business, Hegarty combined his expertise to develop Fixed as a user-friendly and effective solution for challenging parking fines.

The success of Fixed can be attributed to its innovative approach and the dedication of its founder to simplifying the process of contesting parking tickets.

Fixed Shark Tank Pitch

During his appearance on Shark Tank, David Hegarty pitched Fixed, the parking ticket app, in the hopes of securing a $700,000 investment for a 5% equity stake in the company. The pitch revolved around the innovative solution that Fixed offered for challenging unfair parking fines. With the app, users could simply upload a photo of their ticket, which would then be scanned for errors. The app would generate customized dispute letters, simplifying the process and increasing the chances of getting the ticket dismissed.

“Fixed is not only a convenient tool for individuals, but it also has the potential to disrupt and improve the parking ticket industry as a whole.”

In exchange for the investment, Fixed was valued at $14 million at the time of the pitch. Although Mark Cuban expressed interest and offered the desired investment amount, a deal was never finalized. However, the exposure on Shark Tank proved to be a turning point for Fixed, helping the company raise over $1.8 million in funding from other sources.

Fixed Shark Tank Pitch Summary
Investment Sought$700,000
Equity Stake Offered5%
Valuation$14 million
InvestorMark Cuban

Despite not closing a deal with Mark Cuban, the Fixed Shark Tank pitch became a significant milestone for the company. It highlighted the potential of the app and attracted attention from investors and users alike. The exposure on the show enabled Fixed to secure additional funding and expand its user base, solidifying its position in the parking ticket app market.

Fixed Shark Tank Pitch

Competitors of Fixed

While Fixed has established itself as a reliable parking ticket app, it does face competition in the market. One notable competitor is Parking Panda, a popular alternative for disputing parking fines.

Fixed competitors

“We strive to create user-friendly solutions for our customers,” says Alex Lawrence, CEO of Parking Panda. “Our app provides a seamless experience, allowing users to easily challenge unfair parking tickets and save both time and money.”

In addition to Parking Panda, other parking ticket app competitors also offer similar services. These include:

  • Ticketbuster: A well-known app that helps users contest parking fines with its user-friendly interface and automated letter generation feature.
  • SpotHero: Although primarily known as a parking reservation app, SpotHero has expanded its services to include a ticket dispute feature, allowing users to contest unfair tickets.
  • WinIt: With a presence in multiple cities, WinIt provides a convenient way to challenge parking tickets by submitting photos and data through its app.

Comparing Fixed and Parking Panda:

FeaturesFixedParking Panda
Photo Upload??
Error Scanning??
Customized Dispute Letters??
Multiple City Availability??
Additional Services?Access to discounted parking in some locations

Although Fixed and Parking Panda share many similar features, Parking Panda’s multiple city availability and access to discounted parking in some locations may provide added convenience and cost-saving opportunities for users.

Net Worth of Fixed

The current net worth of Fixed App is unknown as it was acquired by a major legal firm in 2016.

Despite the lack of information regarding the net worth, Fixed App’s acquisition by a prominent legal firm suggests a significant value and potential for growth.

Fixed App Net Worth

Legal Firm Acquisition

When Fixed App was acquired by a major legal firm, it indicated that the app had garnered sufficient attention and traction in the market. The acquisition not only added to the value of the app but also highlighted its relevance in the legal industry.

The legal firm’s decision to acquire Fixed App implies the recognition of its potential to streamline and optimize the process of disputing parking fines, further solidifying its position in the market.

Potential for Growth

Although the current net worth remains undisclosed, the fact that a legal firm saw value in acquiring Fixed App suggests that it possesses considerable potential for growth.

With its innovative approach to challenging parking tickets and the convenience it offers to users, Fixed App has the opportunity to expand its reach and attract further investment.

Fixed Shark Tank Updates

Despite its initial appearance on Shark Tank and promising growth, Fixed is no longer available as a standalone app since 2023. The app underwent significant changes before its discontinuation, shifting its focus to resolving issues with insurance premiums. However, the exact reasons for the app’s discontinuation and the timeline of the shift in focus remain unclear.

Fixed Shark Tank Updates

While Fixed App had gained attention and support through its Shark Tank appearance and subsequent funding, it ultimately transitioned to a different business model. This shift suggests that the company faced challenges or identified other opportunities that required a change in direction. The specifics of these changes and the impact they had on the app’s overall success are not readily available.

Welcome to the FAQ section for Fixed App, the innovative parking ticket dispute app that gained fame after appearing on Shark Tank. Here, we will address some common questions about Fixed, its founder, investment details, and net worth. Find answers to your burning questions below!

Fixed FAQs

Key Takeaways:

  • Fixed App, created by David Hegarty, appeared on Shark Tank in Season 7 Episode 14.
  • David Hegarty sought a $700,000 investment for a 5% stake in his company, which was valued at $14 million during the pitch.
  • The deal with Mark Cuban fell through, but Fixed managed to raise over $1.8 million in funding.
  • The current net worth of Fixed App is unknown as it was acquired by a major legal firm in 2016.
  • Fixed is no longer available as a standalone app and now operates in a legal capacity to fight parking and traffic tickets.

What Is Fixed In Shark Tank And How Does It Work?

Fixed is an innovative app that gained recognition after being featured on Shark Tank. This app provides a hassle-free solution for challenging unfair parking tickets. By leveraging technology, Fixed simplifies the entire process, allowing users to contest their tickets with ease.

So, how does Fixed work? It’s simple:

  • Users can download the Fixed app on their smartphones.
  • Once installed, users can take a photo of their parking ticket using the app.
  • The app’s advanced scanning technology quickly analyzes the ticket, searching for potential errors or discrepancies.
  • If any issues are identified, Fixed generates customized dispute letters that users can review and sign.
  • The app even assists users by mailing the dispute letters on their behalf.
  • Fixed charges a fee for its services, but only if they are successful in getting the ticket dismissed.
  • The convenience and efficiency provided by Fixed have made it a popular choice among individuals looking to contest parking violations. With just a few steps, users can take control of their parking ticket disputes and avoid unnecessary fines.

    Testimonial

    “Fixed has been a game-changer for me. I used to spend hours researching and drafting dispute letters for parking tickets. With Fixed, the process is incredibly streamlined, and I don’t have to worry about missing any crucial details. I highly recommend it!”

    – Sarah, Fixed user

    Start using Fixed today and experience the convenience of contesting parking tickets right from your smartphone.

    Fixed App Screenshot

    Who Is The Founder Of Fixed In Shark Tank?

    The founder of Fixed, David Hegarty, appeared on Shark Tank seeking investment for his app. He created Fixed to combat the difficulties and inefficiencies of contesting parking tickets.

    Founder of Fixed

    David Hegarty, the founder of Fixed, is a determined entrepreneur who recognized the need for a solution to help people fight parking tickets easily and effectively. With his engineering background and passion for problem-solving, Hegarty developed the Fixed app, revolutionizing the way motorists contest unfair fines.

    As a parking ticket app, Fixed simplifies the process by allowing users to snap a photo of their ticket, which is then analyzed for errors and automatically generates customized dispute letters. Through Fixed, users have a higher chance of successfully fighting unjust parking fines, saving time, money, and frustration.

    “I wanted to create a tool that would level the playing field, giving people access to justice and an opportunity to contest parking tickets without the usual headaches,” says David Hegarty, founder of Fixed.

    David Hegarty’s Entrepreneurial Journey

    Before his appearance on Shark Tank, David Hegarty successfully raised over $1.8 million in funding for Fixed. However, the sought-after investment from the Sharks on the show did not materialize. Despite this setback, Hegarty’s passion for improving the parking ticket contesting process never wavered.

    While the current net worth of Fixed App is unknown as it was acquired by a major legal firm in 2016, Hegarty’s vision and dedication to helping motorists fight unfair fines continue to be recognized within the legal industry.

    The Impact of Fixed

    Through Fixed, David Hegarty’s innovative solution has empowered countless individuals to challenge parking tickets and navigate bureaucratic processes with greater ease. The app’s success not only revolutionized the way people contest fines but also inspired an increase in awareness and discussion about parking ticket fairness and accountability.

    David Hegarty’s entrepreneurial journey with Fixed serves as an inspiration to all aspiring founders, showcasing the importance of addressing real-life challenges and striving to make a positive impact.

    How Much Was Fixed In Shark Tank Asking?

    During its appearance on Shark Tank, Fixed asked for a $700,000 investment in exchange for a 5% equity stake in the company.

    Fixed in Shark Tank

    Fixed, the parking ticketing app, entered the Shark Tank seeking a substantial investment. The founder, David Hegarty, valued the company at $14 million, making the asking price a reasonable sum in relation to the overall valuation. The $700,000 investment would have given the investor a 5% equity stake in Fixed, allowing them to be part of its continued growth and success.

    The asking price is an essential aspect of any Shark Tank pitch, as it determines the potential return on investment for the investors. In Fixed’s case, the founder was seeking both capital and strategic guidance to leverage the app’s capabilities and tap into its market potential.

    While the deal with Mark Cuban did not materialize, the exposure on Shark Tank helped Fixed raise over $1.8 million in funding from other sources. The investment would have undoubtedly accelerated Fixed’s growth and expansion plans, making it an attractive opportunity for potential investors.

    Ultimately, the asking price serves as a starting point for negotiations and showcases the founder’s valuation of their company’s worth. Fixed’s asking price reflected the potential of the app and its ability to disrupt the parking ticketing industry, making it an enticing proposition for investors looking for innovative and high-growth opportunities.

    Is Fixed In Shark Tank Still In Business?

    As of 2023, Fixed is no longer available as a standalone app. However, the app has transformed its business model and continues to operate in a legal capacity to fight parking and traffic tickets. In 2016, Fixed was acquired by a prominent law firm, which now utilizes the technology to assist users in disputing and resolving their citations.

    While Fixed may no longer be accessible as an independent app, its acquisition and integration into a legal firm demonstrate its adaptability and the recognition of its innovative approach to challenging parking tickets. The app’s functionality and expertise now serve as valuable tools for individuals seeking legal assistance with their traffic violations.

    Fixed availability

    Through this strategic move, Fixed has been able to leverage its technology and expertise to support drivers in navigating the complexities of parking and traffic ticket disputes. Despite its discontinuation as a standalone app, Fixed’s impact on the market and its commitment to empowering individuals in the face of unfair citations remains notable.

    Where Was Fixed In Shark Tank Located?

    Fixed, the innovative parking ticketing app, made an appearance on the popular television show Shark Tank. While the exact location where the episode featuring Fixed was filmed is undisclosed, the app garnered significant attention and interest from the panel of esteemed shark investors.

    Although the specific setting of the Shark Tank pitch remains a mystery, the exposure from the show played a crucial role in raising awareness of Fixed and its mission to help users contest unfair parking tickets. The app’s presence on Shark Tank highlighted its potential to disrupt the parking ticket industry and revolutionize the way people deal with fines.

    Fixed’s appearance on Shark Tank showcased the determination and entrepreneurial spirit of its founder, David Hegarty. With his vision and passion for addressing the challenges associated with parking tickets, Hegarty seized the opportunity to present Fixed to a wider audience and secure the resources needed to further develop and promote the app.

    FAQ

    What is Fixed and who is the founder of Fixed?

    Fixed is a popular app featured on Shark Tank that simplifies the process of fighting unfair parking tickets. The founder of Fixed is David Hegarty, a California native with an engineering degree from University College Dublin and an MBA from Northwestern University.

    What was Fixed’s pitch on Shark Tank, and what was the outcome?

    During its appearance on Shark Tank, Fixed asked for a 0,000 investment in exchange for a 5% equity stake in the company. While Mark Cuban offered 0,000 for a 7% equity stake, the deal was never finalized.

    Who are the competitors of Fixed in the parking ticket app market?

    One of the competitors of Fixed in the parking ticket app market is Parking Panda.

    What is the current net worth of Fixed?

    The current net worth of Fixed is unknown as it was acquired by a major legal firm in 2016.

    Are there any updates on Fixed since its appearance on Shark Tank?

    As of 2023, Fixed is no longer available as a standalone app. It shifted its focus to resolving issues with insurance premiums before its discontinuation. The exact reasons for the app’s discontinuation and the timeline of the shift in focus are unclear.

    What is Fixed in Shark Tank and how does it work?

    Fixed is a mobile application designed to assist users in challenging potential parking fines. It allows users to upload a photo of their parking ticket, which is then scanned for errors. The app generates customized letters to formally dispute the ticket’s issuance. Fixed charges a fee if they are successful in getting the ticket dismissed.

    Who is the founder of Fixed in Shark Tank?

    The founder of Fixed in Shark Tank is David Hegarty.

    How much was Fixed in Shark Tank asking for?

    Fixed in Shark Tank was asking for a 0,000 investment in exchange for a 5% equity stake in the company.

    Is Fixed in Shark Tank still in business?

    As of 2023, Fixed is no longer available as a standalone app. It was acquired by a law firm in 2016 and now operates in a legal capacity to fight parking and traffic tickets.

    Where was Fixed in Shark Tank located?

    The exact location where Fixed in Shark Tank was filmed is not mentioned in the sources.

    ncG1vNJzZmiykZi3sLTNrKanZpOkunCyyLGcnWWjna6zt4ytmKejXw%3D%3D

    Larita Shotwell

    Update: 2024-07-25