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) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | Robert Herjavec |
Founder | Sean Spencer and Ryan Glenn |
Employees | 30 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 name | Mirmir |
Product | Photobooth with high-quality photos |
Episode | Season 9 Episode 5 |
Founders | Sean Spencer and Ryan Glenn |
Asked for | $350,000 for 10% equity |
Final deal | $350,000 for 10% equity |
Shark | Robert Herjavec |
Location | Austin, 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
Year | Accomplishment |
2017 | Appeared on Shark Tank season 9 and Robert Herjavec invested $350,000 for 10% equity. |
2019 | Featured 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.