AquaVault is a portable outdoor safe for keeping personal items safe while at the beach. This was invented by Johnathan Kinas, Rob Peck, and Alvin Samtani in 2011. As of November 2023, AquaVault’s net worth is $20 million. They’re pulling in a whopping $10 million in annual revenue.
In 2015, they appeared on Season 06 of Shark Tank USA and made a deal with Daymond John for $75,000 for 25% of equity. The final valuation was $300,000, down from the founder’s initial estimate of $625,000.
AquaVault witnessed significant growth after its appearance on Shark Tank. The company expanded its business over time and offers a wide range of products. You can discover their products and purchase them via the company website.
AquaVault Net Worth
Net worth | $20 million (2023) |
Annual Sales Revenue | $10 million (2021) |
Profits | – |
Lifetime sales | $10 million (2021) |
Investor | Daymond John |
Founder | Johnathan Kinas, Rob Peck, and Alvin Samtani |
Employees | 5-11 |
AquaVault Net Worth Timeline
Net Worth 2023 | $20 million |
Net Worth 2022 | $20 million |
Net Worth 2021 | $10 million |
Net Worth 2020 | $10 million |
Net worth valuation in 2015 after appearing on Shark Tank | $300,000 |
Net worth valuation in 2015 before appearing on Shark Tank | $625,000 |
AquaVault Pitch on Shark Tank
Company name | AquaVault |
Product | Portable outdoor safe for keeping personal items safe while at the beach |
Episode | Season 06 Episode 23 |
Founders | Johnathan Kinas, Rob Peck, and Alvin Samtani |
Asked for | $75,000 for 12% equity |
Final deal | $75,000 for 25% equity |
Shark | Daymond John |
Location | Biscayne Blvd., Miami |
Don’t miss these products from Season 6
AquaVault Founders
Johnathan Kinas, Rob Peck, and Alvin Samtani founded AquaVault in 2011. Johnathan, Rob, and Alvin are college friends who graduated from Hofstra University. They have a background in Finance, Marketing, and International Business. They are also promising entrepreneurs. AquaVault’s founders Johnathan Kinas, Rob Peck, and Alvin Samtani’s net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2015 | AquaFault got featured on Shark Tank and won a deal |
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 AquaVault and its continued success.