Swipensnap, a one-hand diaper cream applicator, was started by Alina Kravchenko in January 2019. As of September 2023, Swipensnap’s net worth is $2 million. And they’re pulling in a whopping $1.2 million in annual revenue.
In January 2021, they appeared on season 12 of Shark Tank USA. And made a deal with Lori Greiner and Kevin O’Leary, $120,000 for 50% of equity. The final valuation was $240K, down from the founder’s initial estimate of $1.2 million.
When it comes to September 2023, Swipensnap is still in business while generating millions of revenues. They are active on social media platforms and post their promotions and new products on social media as well. You can buy their products on Amazon if you want to purchase them.
Swipensnap Net Worth
Net worth | $2 million |
Annual Sales Revenue | $1.2 million |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Shark Tank Investor | Lori Greiner and Kevin O’Leary |
Founder | Alina Kravchenko |
Employees | Not publicly available |
Swipensnap Net Worth Timeline
Net Worth 2023 | $2 million |
Net Worth 2022 | $2 million |
Net worth valuation 2021 after appearing on Shark Tank | $240,000 |
Net worth valuation 2021 before appearing on Shark Tank | $1.2 million |
Swipensnap Pitch on Shark Tank
Company name | Swipensnap |
Product | One hand diaper cream applicator |
Episode | Season 12 Episode 11 |
Founder | Alina Kravchenko |
Asked for | $120,000 for 10% equity |
Final deal | $120,000 for 50% equity |
Sharks | Kevin O’Leary and Lori Greiner |
Location | Houston, Texas, United States |
Swipensnap Founder
Swipensnap was founded by Alina Kravchenko in 2019. Alina Kravchenko is a Ukrainian-American entrepreneur with an engineering and design background. Kravchenko graduated from the University of Michigan with an Industrial and Operations Engineering degree. Swipensnap’s founder, Alina Kravchenko, has a net worth of $1 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2021 | Appeared on Shark Tank season 12 and Kevin O’Leary and Lori Greiner invested $120,000 for 50% equity |
2022 | The company expanded its product line to include other baby care products, such as a nipple cream applicator and a pacifier cleaner. |
2023 | expanded into new markets, such as Europe and Asia. |
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 Swipensnap and its continued success.