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)|
|Investors||Nirav Tolia and his Wife|
|Founders||Amanat Anand and Shubham Issarin|
SoaPen Net Worth Timeline
|Net Worth 2023||Not 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
|Product||hand wash soap made for kids with pen design|
|Episode||Season 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|
|Sharks||Nirav Tolia and his Wife|
|Location||New York, United States|
Don’t miss these product from Season 13
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.
|2021||The company appeared on Shark Tank Season 13 and got the deal from Nirav Tolia and his Wife|
|2017||They initiated their business through a Kickstarter campaign in October 2017, which successfully raised $28,460|
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.