Aerodrums

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
ProfitsN/A
Lifetime salesN/A
InvestorNo deal
FounderYann Morvan and Richard Lee
Employees2-10

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 nameAerodrums
ProductMotion tracking drum kit
EpisodeSeason 13 Episode 13
Founders Yann Morvan and Richard Lee
Asked for£75,000 for 5% equity
Final dealNo deal
Dragon / DragonsN/A
LocationUK

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:

YearAccomplishment
2011Founded Aerodrums
2014Appeared on Dragons Den Season 13
2014Launched 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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