VerbalizeIt Net Worth 2024 Update (Before & After Shark Tank)

VerbalizeIt-Shark-Tank-US-Net-worth-Update

VerbalizeIt is a human-powered translation service. This was started by Ryan Frankel and Kunal Sarda in 2009. As of April 2024, VerbalizeIt’s net worth is $7 million and has an annual sales revenue of $3.5 million.

In 2013, they appeared on Season 4 of Shark Tank USA and made a deal with Kevin O’Leary, $250,000 for 20% of equity.

Rayan and Kunal could successfully continue their business after the Shark Tank appearance. The show indeed gave more popularity to VerbalizeIt. In 2016, Smartling purchased VerbalizeIt. VerbalizeIt is functioning under Smartling. You can access their service through the Smartling website. 

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VerbalizeIt Net Worth

Net worth$7 million (2024)
Annual Sales Revenue$3.5 million (2023)
Profits
Lifetime sales
InvestorKevin O’Leary
FoundersRyan Frankel and Kunal Sarda
Employees68

VerbalizeIt Net Worth Timeline

Net Worth 2024$7 million
Net Worth 2023$7 million
Net Worth 2022$7 million
Net worth valuation in 2013 after appearing on Shark Tank  $1.25 million
Net worth valuation in 2013 before appearing on Shark Tank  $1.66 million

VerbalizeIt Pitch on Shark Tank

Company nameVerbalizeIt
ProductA  human-powered translation service
EpisodeSeason 04 Episode 25
Founders Ryan Frankel and Kunal Sarda
Asked for$250,000 for 15% equity
Final deal$250,000 for 20% equity
SharkKevin O’Leary
LocationNew York

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VerbalizeIt Founders

VerbalizeIt was founded by Ryan Frankel and Kunal Sarda in 2009. Ryan completed his bachelor’s of arts degree, majoring in economics. He also has an MBA. Besides running a couple of his own businesses, Ryan also have also functioned in other job roles. Kunal has a bachelor’s of science degree and two masters degrees in business administration and industrial and systems engineering. Kunal is currently the CEO of Arya. VerbalizeIt’s founders, Ryan Frankel and Kunal Sarda, have a net worth is unavailable. However, according to the deal of the Shark Tank pitch, they had 80% equity in the company. One of the main worth of Ryan Frankel and Kunal Sarda is VerbalizeIt. Therefore they should have more than $1 million as of 2024.

Key accomplishments

YearAccomplishment
2013VerbalizeIt got featured on Shark Tank

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 VerbalizeIt and its continued success.

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