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|
|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|
|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.
|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|
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.