StepNPull Net Worth 2023 Update (Before & After Shark Tank)
StepNPull, Hands free door opener, was started by Mike Sewell, Ron Ely and Kelly Coddington in 2007. As of August 2023, StepNPull net worth is $8 Million and they’re pulling in a whopping $1 Million in annual revenue.
In April 2021, they appeared on Season 12 of Shark Tank USA and made a deal with Kevin O’Leary, for $300,000 for 6% equity. The final valuation was $5 Million, down from the founder’s initial estimate of $10 Million.
In August 2023, StepNpull is still in business. You can purchase their products from their company website and other e-commerce channels.
StepNPull Net Worth
Net worth | 8 Million |
Annual Sales Revenue | 1 Million |
Profits | Not available |
Lifetime Sales | Over $7 Million |
Shark Tank Investor | Kevin O’Leary |
Founders | Mike Sewell, Ron Ely and Kelly Coddington |
Employees | Over 25 employees |
StepNPull Net Worth Timeline
Net Worth 2023 | $8 Million |
Net Worth 2022 | $7 Million |
Net worth valuation 2021 after appearing on Shark Tank | $5 Million |
Net worth valuation 2021 before appearing on Shark Tank | $10 Million |
StepNPull Pitch on Shark Tank
Company name | StepNPull |
Product | Hands free door opener |
Episode | Season 12 Episode 19 |
Founders | Mike Sewell, Ron Ely and Kelly Coddington |
Asked for | $300,000 for 3% equity |
Final deal | $300,000 for 6% equity |
Shark | Kevin O’Leary |
Location | Springfield, Missouri, United State. |
StepNPull Founders
StepNPull was founded by Mike Sewell, Ron Ely and Kelly Coddington in 2007. Mike was a facilities director of a telecommunication company. He noticed employees opening the door handle with paper towels to avoid touching the handle. It also wasted more paper towels. Mike determined a foot-operated door opener would eliminate two problems. StepNPull’s founders, Mike Sewell, Ron Ely and Kelly Coddington net worth is not clearly available as of 2023.
Key accomplishments:
Year | Accomplishment |
2020 | The company’s patented device gained national and international media coverage. Generated over $1.7 Million sales in COVID -19 pandemic. |
2021 | Appeared on Shark Tank season 12 episode 19. |
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 [company name] and its continued success.