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Knife Aid Net Worth 2023 Update (Before & After Shark Tank)

Knife-Aid-Shark-Tank-US-Net-worth-Update

Knife Aid is a sharpening service for knives. This was started by Marc Lickfett and Mikael Soderlind in 2019. As of December 2023, Knife Aid’s net worth is $2 million. They’re pulling in a whopping $2 million in annual revenue. 

In  October 2019, they appeared on Season 11 of Shark Tank USA and made a deal with Lori Greiner and Rohan Oza for $500,000 for 20% equity. The final valuation was $2.5 million, down from the founder’s initial estimate of $2.6 million.

Shark Tank helped Knife Aid to have steady growth in its business. As of December 2023, Knife Aid is actively running operations. You can make purchases and learn more about their services through the Knife Aid website. Knife Aid is also available on Amazon.

Knife Aid Net Worth

Net worth$2 million (2023)
Annual Sales Revenue$2 million (2023)
Profits
Lifetime sales
InvestorsLori Greiner and Rohan Oza
FoundersMarc Lickfett and Mikael Soderlind
Employees11-50

Knife Aid Net Worth Timeline

Net Worth 2023$2 million
Net Worth 2022$2 million
Net worth valuation in 2019 after appearing on Shark Tank  $2.5 million
Net worth valuation in 2019 before appearing on Shark Tank  $2.6 million

Knife Aid Pitch on Shark Tank

Company nameKnife Aid
ProductSharpening service for knives
EpisodeSeason 11 Episode 04
Founders Marc Lickfett and Mikael Soderlind
Asked for$400,000 for 15% equity
Final deal$500,000 for 20% equity
SharksLori Greiner and Rohan Oza
LocationAgoura Hills, California

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Knife Aid Founders

Marc Lickfett and Mikael Soderlind founded Knife Aid in 2019. Both Mark and Mikael are Swedish entrepreneurs based in the USA. Mark completed his bachelor’s degree in European Business Administration and master’s in Business and Economics in South East Asia. Mikael holds a bachelor’s degree in Marketing Economics and PR. Besides Knife Aid, these entrepreneurs also run other businesses of their own. Knife Aid’s founders Marc Lickfett and Mikael Soderlind’s combined net worth is 1.6 million USD as of 2023.

Key accomplishments

YearAccomplishment
2019Knife Aid was featured in Shark Tank and secured a deal.
2020Knife Aid was included in the list of “2020 Best Holiday Picks” on Rolling Stone Magazine.

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 Knife Aid and its continued success.

What do you think?

Written by GAG Team

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