Da Vinci Eye Shark Tank Update (Season 15)

Da Vinci Eye is an art projector mobile app that reflects a visual of any image on the drawing paper so that the user will be able to make a perfect drawing. This smartphone art projector app business was founded in 2018 by Sam Gherman.

Apple Vision Pro was officially launched on February 2, 2024, which shows digital content on an invisible screen. It is also based on the Apple Vision Pro concept. The founder of this business, Gherman, appeared on Shark Tank Season 15 Episode 16 and asked the sharks for $350k for 5% equity at a $7 Million Valuation.

What Is Da Vinci Eye?

Da Vinci Eye is a smart art projector mobile app similar to Apple Vision Pro. The app is currently available for iOS, Android, and visionOS. This app converts any image into a transparent overlay and creates its reflection on the drawing paper.

Users will be able to create perfect art by looking at the reflection. It has different layers which help in creating art. The normal Art Projector app costs $9.99 and the Pro version costs $26.99. This company sells an app named Mural Maker and Doodle Grid which is available only for iOS users.

Company NameDa Vinci Eye
FounderSam Gherman
Founded2018
ProductSmart AR Art Projector App
Asked For$350k for 5% equity
Final DealNo Deals
SharkNo Sharks
Episode (Shark Tank USA)S15 E16
Air DateMarch 1, 2024
Business StatusIn Business
WebsiteVisit Website
HeadquartersGreater New York City Area, New York, USA
Lifetime Worth (Sales)$2.65M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Da Vinci Eye?

The founder and CEO of Da Vinci Eye Company is Samuel Gherman, who is a marketing person by profession. He has worked in many companies, the main ones being MallStand, LLC and Macy’s.

Charissa Castillo is the co-founder of this company and she also belongs to a marketing background.

How Was The Shark Tank Pitch Of Da Vinci Eye?

After entering Shark Tank, Sam asked the Sharks for $350k for 5% equity and explained his AR Art Projector App to the Sharks. Sam started it as a fun project and the app completed 50,000 downloads within 5 weeks of its launch.

He didn’t make any money from 2016 to 2019, but in June 2020 he made $450,000 in revenue. In January 2021, he and his girlfriend, who is an event manager, quit their jobs and started working full-time in the company.

Sales in January 2021 were $200,000, total sales in 2021 were $890,000, sales in 2022 were $860,000 and in 2023 he switched to a subscription model. Per Year Subscription Cost of Core App AR Art Projector $19.99.

Sam was not giving direct sales numbers to the Sharks, which is why Daymond John said, “I’m out.” A projection of $1.1 million has been generated this year. Sales so far this year have been $450,000. Currently, the customer acquisition cost is $0.10-$0.21.

Mark Cuban said he is out. Lori Greiner said it was a very Confusion pitch and the founder didn’t mention the company’s rights sales, so he was out. Daniel Lubetzky said the number is too Murky so he is out. Kevin O’Leary also refused to invest in this business because he did not know how to get returns on money.

Sharks Offers list!

SharksOffers
Daniel Lubetzky Shark Tank Profile Daniel LubetzkyNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’LearyNo Offer
Mark Cuban Shark Tank Profile Mark CubanNo Offer
Daymond John Daymond JohnNo Offer
Lori Greiner Profile for Shark Tank Lori GreinerNo Offer
Founder’s (Countered)No Counter
Final DealsNo Deals

What Happened To Da Vinci Eye After Shark Tank?

Da Vinci Eye did not get the deal on Shark Tank. All the sharks refused to invest in this business. Sam had confused all the sharks with his pitch due to which the sharks could not get clarity as to what is the company’s revenue.

From Sam’s side, it was a very big blunder in which he did not get investment but after this episode of Shark Tank is on air, surely some investors will invest in this company.

Da Vinci Eye Shark Tank Update

Founder Gherman, after entering Shark Tank, explained his business model to the sharks and said how the app would help the user make perfect art drawings. He also told the Sharks about all the sales reports so far.

What Is Da Vinci Eye’s Net Worth?

Da Vinci Eye’s net worth is estimated at $2.1 million. This product follows Apple’s Vision-Pro concept. It will be very difficult to sustain this business model because many big brands can implement this transparent image art idea in their Vision Pro or XR headsets.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2024 *estimated
2023$450 *estimated
2022$860k *estimated
2021$890k *estimated
2020$450k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
N/AN/AN/A

Is Da Vinci Eye Still In Business?

Samuel Gherman is focusing a lot on growing his company but we do not think that he will be able to sustain this company. Technology is making many things easier these days and many new businesses are emerging due to it.

The official address of this company is Greater New York City Area, New York, United States, and 3 people are working in it.

Yes, Da Vinci Eye is still in business as of March 2024.

frequently asked questions

Who is the Founder of Da Vinci Eye?

Da Vinci Eye was founded by Samuel Gherman.

Did Da Vinci Eye get a deal on Shark Tank?

No, Da Vinci Eye didn’t get a deal on Shark Tank.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x