Aerodrums, Motion tracking drum kit, was started by Yann Morvan and Richard Lee in 2011. As of January 2024, Aerodrums net worth is £10 Million and they’re pulling in a whopping £12 million in annual revenue.
In January 2016 they appeared on Season 13th of Dragons’ Den UK seeking £75,000 for 5% of equity valuing the company at £1,500,000. The first Dragon to back out was Touker Suleyman because he thought there was no value in the business. Lee and Morvan were offered the £75,000 investment between two Dragons but with a 40% stake in the company. The founders declined the offer because they believed it was too much equity to give up.
The company is still extremely successful and sells its products through online retailers and through its own website.
Aerodrums Net Worth
| Net worth | £10 Million |
| Annual Sales Revenue | £10 Million |
| Profits | N/A |
| Lifetime sales | N/A |
| Investor | No deal |
| Founder | Yann Morvan and Richard Lee |
| Employees | 2-10 |
Aerodrums Net Worth Timeline
| Net Worth 2024 | £10 Million |
| Net Worth 2023 | £10 Million |
| Net worth valuation 2016 after appearing on Dragons’ Den | N/A |
| Net worth valuation 2016 before appearing on Dragons’ Den | £1,500,000 |
Aerodrums Pitch on Dragons’ Den
| Company name | Aerodrums |
| Product | Motion tracking drum kit |
| Episode | Season 13 Episode 13 |
| Founders | Yann Morvan and Richard Lee |
| Asked for | £75,000 for 5% equity |
| Final deal | No deal |
| Dragon / Dragons | N/A |
| Location | UK |
Aerodrums Founders
Aerodrums was founded by Yann Morvan and Richard Lee in 2011. Aerodrums was founded in 2011 by Richard Lee and Yann Morvan to solve the problems that drummers have when transporting their instrument. Aerodrums’s founders, Yann Morvan and Richard Lee’s net worth is unknown as of 2024.
Key accomplishments:
| Year | Accomplishment |
| 2011 | Founded Aerodrums |
| 2014 | Appeared on Dragons Den Season 13 |
| 2014 | Launched their first product in 2014 which consisted of drumsticks and reflective markers for the user’s feet to imitate drum pedals. |
Conclusion:
From their beginnings on Dragons’ Den 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 Aerodrums and its continued success.
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