WaiveCar appeared on the ABC show “Shark Tank” on Oct. 29.
WaiveCar is a startup that offers riders free-of-charge, ad-supported carsharing in Los Angeles. The company currently has pilot programs in Santa Monica and downtown Los Angeles. Drivers can select between a Chevrolet Spark or Hyundai Ioniq electric and hybrid models.
During the episode, Isaac Deutsch, WaiveCar’s CEO, and Zoli Honig, WaiveCar’s chief technology officer, showed how the company is moving toward the future of transportation and mobility. Kevin O’ Leary offered $500,000 as a 36-month loan. WaiveCar accepted his offer.