Knife Aid Net Worth 2023 Update (Before & After Shark Tank)
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 | – |
Investors | Lori Greiner and Rohan Oza |
Founders | Marc Lickfett and Mikael Soderlind |
Employees | 11-50 |
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 name | Knife Aid |
Product | Sharpening service for knives |
Episode | Season 11 Episode 04 |
Founders | Marc Lickfett and Mikael Soderlind |
Asked for | $400,000 for 15% equity |
Final deal | $500,000 for 20% equity |
Sharks | Lori Greiner and Rohan Oza |
Location | Agoura Hills, California |
Don’t miss these products from Season 11
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
Year | Accomplishment |
2019 | Knife Aid was featured in Shark Tank and secured a deal. |
2020 | Knife 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.