35MM Co. Net Worth 2024 Update (Before & After Shark Tank)
35MM Co.’s net worth was $1.7 million in 2023 based on the Shark Tank deal. 35MM Co., a modern reusable film camera, was founded by Madi Stefanis in 2021.
In 2023, they appeared on Season 5 of Shark Tank Australia and made a deal with Robert Herjavec and Janu Lu, $300,000 for 17.5% of equity.
Madi’s business witnessed notable growth following the appearance on Shark Tank. You can purchase these cameras through the company website. Products are also available at major retail stores in Australia including Iconic and Universal Store. Currently, products are available in both Australia and other countries. You can get more updates on the products through their Instagram account which has 80k followers.
35MM Co. Net Worth
Net worth | $1.7 million (2023) |
Annual Sales Revenue | $1.8 million (2022) |
Profits | $200,000 |
Lifetime sales | $3.6 million |
Investors | Robert Herjavec and Janu Lu |
Investment | $300,000 for 17.5% equity |
Founder | Madi Stefanis |
Employees | <10 |
35MM Co. Net Worth Timeline
Net Worth 2024 | Not available |
Net worth valuation in 2023 after appearing on Shark Tank | $1.7 million |
Net worth valuation in 2023 before appearing on Shark Tank | $3 million |
35MM Co. Pitch on Shark Tank
Product | A modern reusable film camera |
Episode | Season 05 Episode 07 |
Founder | Madi Stefanis |
Asked for | $300,000 for 10% equity |
Company name | 35MM Co. |
Final deal | $300,000 for 17.5% equity |
Sharks | Robert Herjavec and Janu Lu |
Location | Melbourne |
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35MM Co. Founder
Madi Stefanis founded 35MM Co. in 2021. Madi Stepahni holds a bachelor’s degree from RMIT University majoring in Entrepreneurship. She was only 19 years old when she started her own business. Madi also has previous expense working as a Sales Assistant. 35MM Co.’s founder Madi Stefanis’ net worth is unknown as of 2024. However, based on the deal she received, she has 82.5% ownership of the business, accordingly, she should have a net worth of $1.4 million.
Key accomplishments
Year | Accomplishment |
2023 | The company was featured in Shark Tank Australia and secured a deal. By the time of the pitch, the company sold 40,000 units. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for 35MM Co. and its continued success.
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