Shark-Tank-US-Net-worth-UpdateAquaVault

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)
InvestorDaymond John 
FounderJohnathan Kinas, Rob Peck, and Alvin Samtani
Employees5-11

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 nameAquaVault
ProductPortable outdoor safe for keeping personal items safe while at the beach
EpisodeSeason 06 Episode 23
FoundersJohnathan Kinas, Rob Peck, and Alvin Samtani 
Asked for$75,000 for 12% equity
Final deal$75,000 for 25% equity
Shark Daymond John 
LocationBiscayne 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 unknown as of 2023.

Key accomplishments

YearAccomplishment
2015AquaFault 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.

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