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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

Don’t miss these products from Season 09

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.

 

What do you think?

Written by GAG Team

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