Knife Aid Shark Tank Update (Season 11)

Knife Aid is a California-based knife sharpening service. This company provides sharpening and repairing services for knives of different sizes.

Users have to place an order for this service, and they will receive a secure knife box. The same box has to be placed in the mailbox, and it will be sent to the knife sharpening expert. After sharpening, the knife will be returned to the user.

It will take about one week for these processes to be completed. The average cost to sharpen a knife is $14.75.

Company NameKnife Aid
FounderMikael Soderlindh and Marc Lickfett
Productknife sharpening services
Asked For$400K for 15% equity
Final Deal$500K for 20% equity
SharkLori Greiner and Rohan Oza
Episode (Shark Tank USA)S11 E4
Air DateOct 20, 2019
Business StatusIn Business
WebsiteVisit Website
HeadquartersAgoura Hills, California, United States
Lifetime Worth (Sales)$5M *estimated
Go To AmazonBuy Now
Watch OnAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Knife Aid?

Mikael Soderlindh

Mikael is the co-founder and shareholder of Multiple Company. He started the companies Goosefish Invest AB & Goosefish Invest in 2007. He is also a shareholder of and Happy Socks AB.

Marc Lickfett

Marc is the founder of multiple companies, including KliKKi, Compricer AB, and King & McGaw.

How Was The Shark Tank Pitch Of Knife Aid?

Marc entered the Shark Tank and asked the Sharks for $400k for 15% equity.

Mikael is already a successful businessman, but he does not have proper knowledge of the American market, so he needs an expert like a Shark. Sales so far this year have been $120,000.

Lori Greiner made the first offer of $200k plus an additional $200k as a line of credit for a 20% equity stake. Kevin O’Leary offered $400k for 20% equity. Rohan Oza and Lori Greiner both teamed up to offer $400k for 20% equity

Barbara Corcoran and Kevin O’Leary both teamed up and offered $500k for 20% equity. The founders countered both Lori and Rohan with $500k for 20% equity.

Knife Aid Shark Tank Update

The company was included in the list of “2020 Best Holiday Picks” in Rolling Stone Magazine. As of April 2023, the annual revenue of this company is estimated to be $2.5 million.

We’re following Mikael Söderlindh and Marc Lickfett along with their company for further updates.

What Is the Net Worth of Knife Aid?

Knife Aid’s net worth is estimated to be around $1.5 million, based on the company’s lifetime sales and current valuation.

The official headquarters of this company is in Agoura Hills, California, United States, and a total of 11-50 employees are working in it according to the LinkedIn profile.

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