Vanable Net Worth 2024 Update (Before & After Shark Tank)
Vanable’s net worth was $6 million at the time of their pitch in 2023 based on the $300,000 offer for a 5% equity of the company. Vanable, a van conversion company was started by Sebastian Langton in 2021.
They appeared on Season 5 of Shark Tank Australia in 2023. For Sebestian’s business, Davie Fogarty offered $300,000 as a loan for a 20% equity. Sabry Subi made an offer of $300,000 for a 5% royalty + 20% equity, dropping to 15% once repaid. However, the owner did not want to accept or counter it, so the sharks pulled out their offers.
After an intense pitch, Sebastian had to leave the Tank with no offer. However, with the exposure from the show his business gained more popularity. As of 2024, the business is active in the market. You can visit their website to get their services.
Vanable Net Worth
Net worth | $6 million (2023) |
Annual Sales Revenue | $4 million (2024) |
Profits | Not available |
Lifetime sales | $2.7 million (2022) |
Investor | None |
Investment | None |
Founder | Sebastian Langton |
Employees | <10 |
Vanable Net Worth Timeline
Net Worth 2024 | Not available |
Net worth valuation in 2023 before appearing on Shark Tank | $6 million (Business valuation) |
Vanable Pitch on Shark Tank
Product | A van conversion company |
Episode | Season 05 Episode 07 |
Founder | Sebastian Langton |
Asked for | $300,000 offer for a 5% equity |
Company name | Vanable |
Final deal | No deal |
Shark | No shark |
Location | Sydney, New South Wales |
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Vanable Founder
Sebastian Langton founded Vanable in 2021. Sebastian is a former Yacht Captain. Sebastian with his partner Freddy did their first own van conversion, and soon it turned into a business. Vanable’s founder Sebastian Langton’s net worth is unknown as of 2024. However, based on his business valuation, he should have an approximate net worth of $2.85 million.
Key accomplishments
Year | Accomplishment |
2023 | The company was featured in Shark Tank Australia. |
2024 | The company was open for investment and could raised $300,000 in less than 48 hours. |
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 Vanable and its continued success.
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