AquaVault, founded in 2013, specializes in portable travel safes and personal security products. The company expanded its product line and distribution channels after securing a $75,000 investment from Daymond John on Shark Tank in 2015.
By 2024, AquaVault’s net worth reached $20 million, with annual revenues of $10 million. The company has successfully raised funds through equity crowdfunding campaigns, including $869,000. AquaVault continues to innovate in travel security, maintaining a strong market presence.
AquaVault Net Worth
Estimated Net worth | $20 million (2024) |
Annual Sales Revenue | $10 million (2021) |
Lifetime sales | $10 million (2021) |
Investor | Daymond John |
Founder | Johnathan Kinas, Rob Peck, and Alvin Samtani |
Employees | 5-11 |
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 |
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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 around 20 million USD as of 2024.
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.