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Velocity Signs

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Velocity Signs
Company typePrivate
Founded2006; 18 years ago (2006)
FounderScott Adams and Josh Faherty
HeadquartersSacramento, California
Websitewww.velocitysigns.com

Velocity Signs is a sign-waving machine manufacturer based in Sacramento, California. The company produces portable and rechargeable sign-waving machines. Scott Adams is Velocity Signs' President and CEO. The company appeared on Shark Tank in April 2014.

History

In 2006, Scott Adams and Josh Faherty, an engineer, developed the idea for a sign-waving machine. They began manufacturing devices in 2009. The machines are made in the United States. During Velocity Signs' first year, it generated $257,000 in sales. The company appeared on Shark Tank in April 2014. Velocity Signs was selected from a pool of 30,000 applicants to appear on the television show. Mark Cuban, Robert Herjavec and Kevin O'Leary invested $225,000 for a 30% interest in the company. Lori Greiner and Barbara Corcoran also offered funding. Velocity Signs' clients include Subway, Burger King and Chevrolet and Ford automobile dealerships.

References

  1. "Faux Model Behavior". August 2013. Retrieved May 25, 2015.
  2. ^ "Velocity Signs orders pick up speed after Shark Tank appearance". April 24, 2014. Retrieved May 25, 2015.
  3. "Business Lessons from Shark Tank Happy Feet Womens Shape Wear Velocity Signs Bean Bag Beds & Lord Nut Levington's Flavored Peanuts". April 10, 2014. Retrieved May 25, 2015.
  4. ^ "Happy Feet, Lord Nut Levington, Velocity Signs, Hold Your Haunches". April 10, 2014. Retrieved May 25, 2015.
  5. ^ "Willits entrepreneur scheduled for "Shark Tank"". April 9, 2014. Retrieved May 25, 2015.
  6. "Shark Tank Fan Podcast #81". Retrieved May 25, 2015.
  7. ^ "Velocity Signs". Retrieved May 25, 2015.
  8. "Shark Tank Recap: Velocity Signs Looks To Replace Human Sign Spinners". Retrieved May 25, 2015.
  9. "Shark Tank". Retrieved May 25, 2015.
  10. "Shark Tank". Retrieved May 25, 2015.
  11. "How to Attract Attention with Moving Signs". April 11, 2014. Retrieved May 25, 2015.
  12. "'Shark Tank' review: Happy Feet, Hold Your Haunches, Velocity Signs, Lord Nut Levington". April 10, 2014. Retrieved May 25, 2015.
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