Mirmir Net Worth 2023 Update (Before & After Shark Tank)

Mirmir, a photobooth with high-quality photos, was started by Sean Spencer and Ryan Glenn in 2013. As of September 2023, Mirmir net worth is $27 million and they’re pulling in a whopping $6.9 million in annual revenue. 

In October 2017, they appeared on season 9 of Shark Tank USA and made a deal with Robert Herjavec, for $700,000 for 20% of equity. The final valuation was $3.5 million, same as the founder’s initial estimate of $3.5 million.

Mirmir is still in business as of September 2023. Mirmir is a company with a bright future. It is well-positioned to continue its growth as more and more people become interested in finding ways to capture their memories in a fun and unique way. Now you can visit their company website to acquire their service.

Mirmir Net Worth

Net worth$12 million (2023)
Annual Sales Revenue$6.9 million (2022)
ProfitsNot publicly available 
Lifetime salesNot publicly available 
InvestorRobert Herjavec
FounderSean Spencer and Ryan Glenn
Employees30 employees

Mirmir Net Worth Timeline

Net Worth 2023$27 million
Net Worth 2022$27 million 
Net worth valuation 2017 after appearing on Shark Tank  $3.5 million 
Net worth valuation 2017 before appearing on Shark Tank  $3.5 million

Mirmir Pitch on Shark Tank

Company nameMirmir
ProductPhotobooth with high-quality photos
EpisodeSeason 9 Episode 5
FoundersSean Spencer and Ryan Glenn
Asked for$350,000 for 10% equity
Final deal$350,000 for 10% equity
Shark Robert Herjavec
LocationAustin, Texas

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Mirmir Founders

Sean Spencer and Ryan Glenn found Mirmir in 2013. Glenn is a former fashion photographer and Spencer is a former event planner.

Glenn and Spencer were inspired to start Mirmir after they attended an event where the photo booth produced low-quality photos. They wanted to create a photo booth that would produce flattering photos that people would want to share. Mirmir’s founders, Sean Spencer and Ryan Glenn, have a net worth of $22 million as of 2023.

Key accomplishments

YearAccomplishment
2017Appeared on Shark Tank season 9 and Robert Herjavec invested $350,000 for 10% equity.
2019Featured in a documentary about the photo booth industry

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 Mirmir and its continued success.

 

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