Oru Kayak, a Folding kayak, was started by Anton Willis, Roberto Gutierrez, and Ardy Sobhani in 2013. As of October 2023, Oru Kayak’s net worth is $ 7 Million and they’re pulling in a whopping $8 million in annual revenue.
On May 9, 2014, they appeared on Season 5 of Shark Tank USA and made a deal with Robert Herjavec, for $500,000 in exchange for 25% equity. The final valuation was $2 Million, down from the founder’s initial estimate of $4.16 Million.
Oru Kayak is still in business, however, they have sold the brand to Solo Stove in 2021. Their products are available on the website and Amazon.
Oru Kayak Net Worth
| Net worth | $7 Million (2023) |
| Annual Sales Revenue | $8 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | Robert Herjavec |
| Founders | Anton Willis, Roberto Gutierrrez, Ardy Sobhani |
| Employees | 29 |
Oru Kayak Net Worth Timeline
| Net Worth 2023 | $7 Million |
| Net Worth 2022 | $6 Million |
| Net Worth 2021 | $5 Million |
| Net Worth 2020 | $4 Million |
| Net worth valuation in 2014 after appearing on Shark Tank | $2 Million |
| Net worth valuation in 2014 before appearing on Shark Tank | $4.16 Million |
Oru Kayak Pitch on Shark Tank
| Company name | Oru Kayak |
| Product | Folding kayak |
| Episode | Season 05 Episode 28 |
| Founders | Anton Willis, Roberto Gutierrrez, Ardy Sobhani |
| Asked for | $500,000 in exchange for 12% equity |
| Final deal | $500,000 in exchange for 25% equity |
| Shark | Robert Herjavec |
| Location | Emeryville, California |
Don’t miss these products from Season 5
Oru Kayak Founders
Oru Kayak was founded by Anton Willis, Roberto Gutierrez, and Ardy Sobhani in 2014. Founders are very smart and passionate about their business. They want to make this business grow to become successful entrepreneurs. Oru Kayak’s founders, Anton Willis, Roberto Gutierrez, and Ardy Sobhani, have a net worth of USD 7 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2019 | Oru Kayak won the TIME’s List of the 100 Best Inventions of 2019 |
| 2014 | Oru Kayak appeared on Shark Tank |
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 Oru Kayak and its continued success.