Sparketh, the online art education for kids and teens, ware started by Dwayne Walker and Tim Samuel on March 7, 2014. As of August 2023, Sparketh net worth is $1.25 Million and Sparketh hit its $500,000 goal for 2021 sales. This suggests that the company’s sales were increasing and that it was on track to meet its financial targets.
On Oct 22, 2021, they appeared on Season 13 of Shark Tank USA and made a deal with Barbara Cocoran and Daniel Lubetzky, for $100,000 for 20% equity. The final valuation was $500,000, down from the founder’s initial estimate of $1.25 Million.
Sparketh is still in business as of 2023. The company is offering a 60% discount on its subscription fees, through its official website.
Sparketh Net Worth
| Net worth | $1.25 Million (Business valuation) |
| Annual Sales Revenue | $ 500,000 (In 2021) |
| Profits | – |
| Shark Tank Investor | Barbara Cocoran and Daniel Lubetzky |
| Founders | Dwayne Walker and Tim Samuel |
| Employees | 25 |
Sparketh Net Worth Timeline
| Net Worth 2023 | $1.25 Million |
| Net Worth 2021 | $1 Million |
| Net worth valuation 2019 after appearing on Shark Tank | $500,000 |
| Net worth valuation 2019 before appearing on Shark Tank | $1.25 Million |
Sparketh Pitch on Shark Tank
| Company name | Sparketh |
| Product | Online art education for kids and teens |
| Episode | Season 13 Episode 03 |
| Founders | Dwayne Walker and Tim Samuel |
| Asked for | $100,000 for 8% equity |
| Final deal | $100,000 for 20% equity, contingent on profit after six months |
| Sharks | Barbara Cocoran and Daniel Lubetzky |
| Location | Tucker, Georgia |
Sparketh Founders
Sparketh was founded by Dwayne Walker and Tim Samuel in 2014. Dwayne Walker and Tim Samuel are the co-founders of Sparketh. Before starting Sparketh, Dwayne was the creative director, and Tim freelanced as a video editor. Sparketh’s founders, Dwayne Walker and Tim Samuel, have a net worth of $1.25 Million USD as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2023 | Sparketh offers over 1,000 art class videos covering various creative subjects, including Manga Characters, Elements of Art and Design. |
| 2023 | Being featured in publications such as Forbes and The Washington Post |
| 2021 | Appearing on the popular TV show Shark Tank in 2021 |
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 Sparketh and its continued success.