Animated Lure Net Worth 2023 Update (Before & After Shark Tank)
Animated Lure, Electronically Programmed Self-Swimming Fishing Lure, was started by Sobhan Sanaee and Kanz Kayfan in 2013. As of September 2023, Animated Lure net worth is $0.5 million and they’re pulling in a whopping $3 million in annual revenue.
In November 2021, they appeared on Season 12 of Shark Tank USA and made a deal with Kevin O’Leary, for $325,000 For 10% of equity. The final valuation was $3.25 million, same as the founder’s initial estimate of $3.25 million.
Animated Lure is still in business in 2023. Animated Lure sells self-swimming fishing lures, which are popular with anglers of all skill levels. To buy their products online from their website.
Animated Lure Net Worth
Net worth | $0.5 million (2023) |
Annual Sales Revenue | $3 million (2023) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | Kevin O’Leary |
Founder | Sobhan Sanaee And Kanz Kayfan |
Employees | Not publicly available |
Animated Lure Net Worth Timeline
Net Worth 2023 | $0.5 million |
Net Worth 2022 | $5 million |
Net worth valuation 2021 after appearing on Shark Tank | $3.25 million |
Net worth valuation 2021 before appearing on Shark Tank | $3.25 million |
Animated Lure Pitch on Shark Tank
Company name | Animated Lure |
Product | Electronically Programmed Self-Swimming Fishing Lure |
Episode | Season 12 Episode 03 |
Founders | Sobhan Sanaee And Kanz Kayfan |
Asked for | $325,000 For 10% Equity |
Final deal | $325,000 For 10% Equity |
Shark | Kevin O’Leary |
Location | McKinney, Texas, United States |
Don’t miss these products from Season 12
Animated Lure Founders
Animated Lure was founded by Sobhan Sanaee And Kanz Kayfan in 2013. Sobhan Sanaee is a passionate angler and entrepreneur. He has a degree in mechanical engineering from Texas A&M University-Corpus Christi. Kanz Kayfan is a software engineer and entrepreneur. He also has a degree in mechanical engineering from Texas A&M University-Corpus Christi. Animated Lure’s founders, Sobhan Sanaee And Kanz Kayfan, have a net worth of $4.5 million as of 2023.
Key accomplishments
Year | Accomplishment |
2019 | Animated Lure launches its first product line of self-swimming fishing lures. |
2020 | Animated Lure appears on the TV show Shark Tank and receives an investment from Kevin O’Leary. |
2021 | Appeared on Shark Tank season 12 and Kevin O’Leary invested $325,000 For 10% Equity |
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 Animated Lure and its continued success.