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

SoaPen, a hand wash soap, was started by Amanat Anand and Shubham Issarin 2015. SoaPen’s net worth was $1 million in 2021 based on the Shark Tank deal.

In October 2021 they appeared on Season 13 of Shark Tank USA and made a deal with Nirav Tolia and his Wife, $100K for a 10% equity + a $1 royalty for every unit sold until $200K is paid.

As of 2023 November, the company is still in business. You can purchase products on e-commerce channels such as their website and Amazon.

SoaPen Net Worth

Net worth$1 million (When appeared on Shark Tank)
Annual Sales Revenue$5 million (Approximately)
Profits
Lifetime sales
InvestorsNirav Tolia and his Wife
FoundersAmanat Anand and Shubham Issarin
Employees10 employees

SoaPen Net Worth Timeline

Net Worth 2023Not Disclosed
Net worth valuation 2021 after appearing on Shark Tank  $1 million
Net worth valuation 2021 before appearing on Shark Tank  $1 million

SoaPen Pitch on Shark Tank

Producthand wash soap made for kids with pen design
EpisodeSeason 13 Episode 04
Founders Amanat Anand and Shubham Issar
Asked for$100k for a 10% equity
Final deal$100K for a 10% equity + a $1 royalty for every unit sold until $200K is paid
Company nameSoaPen
SharksNirav Tolia and his Wife
LocationNew York, United States

Don’t miss these product from Season 13

SoaPen Founders

SoaPen was founded by Amanat Anand and Shubham Issar in 2015. Two women born in India, sharing the same Bachelor of Fine Arts (BFA) education, were both recognized in the 2017 Forbes 30 Under 30. SoaPen’s founders, Amanat Anand and Shubham Issar, have a net worth of 2 million USD as of 2023.

Key accomplishments

YearAccomplishment
2021The company appeared on Shark Tank Season 13 and got the deal from Nirav Tolia and his Wife
2017They initiated their business through a Kickstarter campaign in October 2017, which successfully raised $28,460

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 SoaPen and its continued success.

What do you think?

Written by GAG Team

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