Fixed Update

Fixed Parking Ticket App Update | Shark Tank Season 7

David Hegarty was at the courthouse fighting parking tickets when he got two more right outside. He realized how unfair and frustrating the process was, so he created Fixed, an app that helps people fight parking tickets by sending photos and getting legal help. Users only pay if their ticket gets dismissed, making it easy and risk-free. Let’s see if he managed to secure a deal with any of the sharks in our Fixed update and pitch recap.

SharkResult
Mark CubanAccepted offer of $700,000 for 7% equity
Chris SaccaNo offer
Lori GreinerNo offer
Robert HerjavecNo offer
Kevin O’LearyNo offer

Shark Tank Fixed Pitch

Shark Tank Fixed Update
  • Entrepreneur: David Hegarty
  • Business: An app to help contest parking tickets
  • Ask: $700,000 for 5% equity
  • Result: $700,000 for 7% equity 
  • Shark: Mark Cuban

David stepped into Shark Tank seeking an investment for his business, Fixed, an app designed to help people fight parking tickets.

The app allowed users to upload a ticket, submit photo evidence, and let Fixed handle the appeal process.

If the ticket was dismissed, users paid 25% of the fine; if not, they owed nothing. Additionally, Fixed charged a $2 fee for paying uncontested tickets, which was often cheaper than government payment systems.

Mark Cuban immediately asked about revenue. David revealed that Fixed had generated $80,000 so far and was operating in San Francisco, Los Angeles, Oakland, and New York City.

However, Kevin O’Leary wondered if the business model relied on repeat offenders breaking the law.

Meanwhile, guest shark Chris Sacca doubted its long-term viability, arguing that self-driving cars and ride-sharing services could reduce the need for parking in the future.

David, hoping to shift the conversation, highlighted plans to expand into traffic and moving violations, a $3-4 billion market.

This expansion, he argued, could significantly increase revenue and make the business more sustainable.

At the same time, Lori Greiner acknowledged the value of the service but hesitated due to legal risks.

Chris, unconvinced by the concept, compared Fixed to ambulance-chasing lawyers and backed out.

With most sharks uninterested, only Mark remained. Unlike Chris, he believed parking tickets were still a growing problem and saw potential in the service.

However, he felt that scaling the business quickly would be a challenge.

Instead of accepting David’s valuation, Mark countered with $700,000 for 7% equity, lowering the company’s valuation to $10 million.

David hesitated, knowing this was lower than he initially wanted. He asked Mark if he would personally commit his time and strategic guidance to help grow the company.

Mark agreed, and after some consideration, David accepted the deal.

Let’s see our Fixed update to find out where the company is right now.

Shark Tank Fixed Update

Our Fixed update found that the deal with Mark Cuban ultimately did not close. The exact reasons remain unclear.

However, escalating operational challenges and regulatory pushback likely contributed to the deal’s dissolution.

Shortly after the episode aired, several municipalities, including San Francisco, Oakland, and Los Angeles, blocked Fixed from accessing their online parking ticket systems.

This obstruction severely limited the app’s functionality and geographic reach.

Additionally, the company faced legal scrutiny; a group of attorneys filed complaints alleging that the service was akin to practicing law without authorization.

Despite efforts to comply with regulations, these challenges created insurmountable barriers for the company.

In June 2016, approximately five months after the Shark Tank episode aired, Fixed was acquired by Lawgix, a multi-state law firm with a focus on technology-driven solutions.

The acquisition primarily aimed to leverage Fixed’s technology for automating legal processes.

Unfortunately, the integration did not yield the desired outcomes, and Fixed ceased operations shortly thereafter.

In 2018, the company’s website and services were no longer active.

Following the closure of Fixed, David held various roles at Opendoor, a real estate technology company, and later served as the Director of Product Management at Credit Karma.

In 2021, David founded Playbook, a financial planning startup aimed at helping users optimize their taxes and grow their wealth.

However, as of October 2024, Playbook announced it would be winding down its services by the end of that month.

Sadly, this will be our final Fixed update.

Check up on the other products featured in Season 7 Episode 14! You can find our company updates below.

Before you go, be sure to check out our list of all the Shark Tank Season 7 products.

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Andrew is a lifelong fan of Shark Tank and an entrepreneur at heart. He started Shark Tank Recap because he wanted a single place to track what happens to the companies, founders, and deals after they air on TV. With a sharp eye for business insights and a passion for all things Shark Tank, Andrew makes sure every recap is accurate, engaging, and fun.