Aira Net Worth Shark Tank Update 2025 

Wireless charging has become part of everyday life. Yet it still comes with frustrating limitations. Most pads demand perfect alignment. If you move your phone slightly, it stops charging. That leads to broken routines, low battery anxiety, and wasted time every day. It’s a small annoyance, but it matters. People deserve a better experience, one that just works. 

That was the problem Jake Slatnick and Eric Goodchild set out to solve. They saw a gap: charging should be easy and forgiving, not frustrating. So they created AIRA, with a vision to reinvent the wireless charging surface. They wanted free placement, no need to think about alignment. 

On Shark Tank Season 11, they showed up with a sleek charging pad that could power up to three devices anywhere on its surface. They asked for $500,000 in exchange for 7% equity, valuing the company at about $7 million. They revealed their openness to licensing the tech, which made the Sharks perk up.

After a dramatic pitch and demo, they walked away with a deal: $500,000 for 15% equity, from Kevin O’Leary, Lori Greiner, and Robert Herjavec. Their Shark Tank moment marked the start of a rapid transformation for the company.

Aira Net Worth Shark Tank Update 2025 

Jake and Eric were looking for an investment of $500k in exchange for 7% equity in the company. At the time of the episode, they valued their company at $7.14 million. Jake and Eric successfully secured a deal with Kevin, Lori, and Robert for an investment of $500k for 15% equity in the company. The investment adjusted the company’s net worth to around $3.33 million. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of FreePower is around $20 million.

Shark(s) nameOffer & DemandCounterofferAccepted?
Daymond John OutN/AN/A
Lori GreinerOutN/AN/A
Kevin O’Leary and Lori $500,000 as a loan at 9% interest & 15% equity$500,000 for 15% equity $500,000 for 15% equity (Robert, Kevin, Lori)Yes
Robert Herjavec $500,000 for 10% equityN/AN/A
Mark CubanOutN/AN/A

Jake Slatnick and Eric Goodchild Backstory + Their Initial Pitch 

Jake Slatnick and Eric Goodchild built AIRA from a shared frustration with current wireless chargers. They recognized that the technology had promise, but poor execution. Misalignment issues wasted energy and time. Eric, an expert in high-voltage engineering and a Guinness World Record holder for a powerful Tesla coil, brought deep technical know-how. Jake had a business ambition.

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They designed a flat charging pad with a coil matrix and smart firmware, FreePower, that allowed users to place phones, earbuds, or watches anywhere on the mat. They could charge up to three devices simultaneously without fuss. Their model centered on licensing the tech to manufacturers, reducing the need for mass production and distribution.

When they entered Shark Tank, they demonstrated it live. It worked smoothly. They shared that they had taken their first bulk licensing order for 33,000 units, proving others believed in their tech. They asked for half a million dollars to scale licensing, firmware updates, and product formats. Their storytelling was simple, human, and rooted in real-world frustration.

Queries + Shark’s Responses, and Final Deal

Each Shark had questions aimed at understanding the idea, technology, and growth potential.

Daymond John asked whether wireless charging was truly high demand or just a trend. Jake and Eric emphasized the convenience gap. They noted that consumers still need reliable, lazy-day charging,no cables, no alignment, especially in shared spaces like offices, cars, and homes.

Mark Cuban voiced concerns about how fast tech changes. Would FreePower keep up, or be overtaken by new standards? The founders said they held over 250 patent assets and planned firmware updates to stay ahead. They also stressed licensing partnerships to broaden reach beyond consumer electronics.

Robert Herjavec said he was impressed by the tech and the first bulk order. He offered $500,000 for 10% equity. He found licensing a lean, scalable model.

Kevin O’Leary and Lori Greiner then made a joint offer: $500,000 as a loan at 9% interest plus 15% equity. They quickly removed the loan condition after Robert argued they didn’t need the debt. Brand watchers liked their offer; it showed confidence in the vision and structure.

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Jake and Eric responded with a clear counter: “We appreciate the three of you. We’ll give 15% equity to the trio for $500K.” All investors nodded. Deal done.

Product Availability

After the deal, AIRA rebranded as FreePower. Its core value lies in licensing the FreePower system to partners. They first partnered with Nomad to create the Nomad Base Station Pro, featuring the tech under 18 coils and charging three devices at once. They also built countertop modules for luxury kitchens and bathrooms, embedding chargers into surfaces without visible spots.

FreePower also targeted automotive interiors. In December 2020, they partnered with Motherson Innovations, a global tier‑1 auto supplier. They later launched a second-generation FreePower built into Tesla’s charging platform in 2023. Tesla’s version uses 30 coils and supports up to three devices at once, creating a seamless pad inspired by their Cybertruck aesthetic.

Products branded with FreePower tech include countertop pads, Nomad’s Base Station, Tesla’s Wireless Charging Platform, and potential automotive modules. Most are available online through partner channels. MSRP varies: Nomad’s station is around $230; Tesla’s pad is also near $300. While pricey, they target customers who value convenience and design.

What Happened To The Aira After Shark Tank?

A lot has happened since the 2019 Shark Tank airingIn January 2020, they launched the FreePower Base Station Pro at CES, with strong press reception. In August 2021, they closed a $12 million seed funding round led by Market Track CFO Jawad Ahsan, pushing into automotive and hospitality. They donated patents and hired Shawn Dougherty, founder of Mophie, as COO.

In 2021, they partnered with Motherson for in-car wireless charging. By 2023, they shipped second-generation tech in Tesla’s home/desk pad, with 30 coils and full-surface charging. They received numerous awards: Fast Company’s Most Innovative, CES Innovation Awards, IIDA Product Design, and KBIS Best-in-Show for countertop integration.

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Financially, Shark Tank Recap and SharkTankInsights estimated around $8 million in annual revenue, with profitability and a current net worth of around $5 million.

FreePower is named again in 2025 among the world’s most innovative companies, with revenue projected at $20+ million. The company now matches tech vision with execution. They trade as a licensing partner, not a consumer hardware seller. Their tech is in everyday spaces and cars, shedding reliance on single products. Their growth is strategic and paced.

Conclusion 

AIRA, now FreePower, has turned a common frustration into a high-impact opportunity. On Shark Tank, Jake and Eric showed a pad that charges anywhere, anytime, and won a $500K deal for 15% equity. Since then, they’ve pivoted into licensing, raised millions, landed partnerships with Nomad, Motherson, and Tesla, and gained industry accolades and strong revenue growth.

What started as a cable-free dream now powers devices in homes, cars, and luxury spaces. FreePower’s rise shows that the biggest tech breakthroughs can come from solving everyday problems simply and sticking to a vision even after the spotlight dims.