Knife Aid Net Worth & Income 2025: Shark Tank Business & Founding History

What is Knife Aid?

Knife Aid is a company that provides knife sharpening through the mail. The company Knife Aid provides a knife-proof envelope, and you will then send your knives there to be sharpened by a team of expert craftsmen. As of 2025, Knife Aid’s net worth is around $2 Million. Knife Aid provides an easy way for customers to get their knives sharpened without any hassles.

Knife Aid Owner

Marc Lickfett and Mikael Soderlindh founded the company Knife Aid. Both are Swedish entrepreneurs. At the time, Mark studied business at the Stockholm School of Economics.

Marc co-founded a hosting web service in 1999 named Carambole AB. Mikael started Fieldwork Stockholm. Both launch many startups separately later on.

Mark owns the King & McGaw company, an art printer, and framer, and Mikael founded Happy Socks, a Swedish retailer of socks.

Knife Aid Founding History

Marc Lickfett and Mikael Soderlindh started their business partnership. They have their vision to establish a sustainable company that uses what people already have.

They both knew each other, so they were neighbors. Once they noticed the demand in the American market, having a backyard barbecue for a modern way to get kitchen knives sharpened.

The Knife is no longer a usable item, so the purpose is that time sharpening a knife can take and you will retain and use it for years to come. Sharpened knives are safer, as most knife accidents result from using dull knives. Knife sharpening is the most convenient process in America.

Knife Aid Net Worth & Income

Knife Aid is a mail-in knife sharpening service that was founded by Swedish entrepreneurs Mikael Soderlindh and Marc Lickfett. Knife Aid is worth $2 million as of 2025. It gained significant popularity after its appearance on Shark Tank in 2019. They secured a deal with Lori Greiner and Rohan Ozan for $500000 in exchange for 20% equity during the show. After this appearance, Knife Aid gained too much popularity.

Their services expanded to sharpening scissors and offering Knife repair. The annual growth of Knife Aid is 10 percent which we can determine by its consistent growth and popularity. They also used smart marketing and increased demand for their services to grow their business.

Appearing on Shark Tank

There were too many smaller companies in Sweden about knife Aid. The entrepreneur decided to place their company in the United States in 2019. Because Mikael didn’t want to fail in a foreign country again he needed help from a big entrepreneur who invested with him. Each knife costs $10 to sharpen. They generate revenue of $37000 before appearing on Shark.

They offered the Sharks 15 percent equity for $400000 and were priced fairly. The Sharks were very interested in the unique services of Knife Aid. Lori Greiner and guest Shark Rohan Oza teamed up to offer $400000 for 20 percent equity of the company.

At the same time, Barbara Corcoran and Kevin O’Leary proposed a better offer of $500000 for 20 percent equity. When the Knife Aid founders stepped outside to discuss, the Sharks rushed after them and convinced them to accept a deal. In the end, Lori and Rohan won their final offer of $500000 for 20 percent equity.

Knife Aid after Shark Tank

After the Knife Aid appeared on Shark Tank, the Knife sharpening business of Marc and Mikael gained too much popularity. This appearance contributed a lot to increasing its net worth and also expanded its business. They found new investors such as TQ ventures which helped them to support their business financially. Knife Aid provides the sharpening of five knives at $69. The customer can also choose a subscription service. They opened a local knife sharpening store in Conejo Valley. This store also contributed a lot to increasing its net worth.

The company also increased its services such as scissor sharpening and knife repair to their services. Their annual sales are $2 million according to the reports.

Knife Sharpening Services

Knife Aid also provides knife sharpening services for the dull knives of the customers. Customers simply mail their dull knives to the company and Knife Aid makes them sharpen and sends them back. This easy process not only contributed to its net worth but also made it popular due to this easy and time-saving service.

Scissor Sharpening and Knife Repair

Knife Aid provides also sharpening services for scissors and also repairs damaged knives. This service also contributed to its net worth and expanded its reach to more customers due to more services alongside with knife sharpening service.

Gifts Card

Knife Aid also earns money through e-gift cards. These gift cards let pay for sharpening services. This marketing approach is a great way for the company to earn extra money and attract new customers through gifting. This also contributed a lot to increasing its net worth.

Knife Aid’s Current Status

The company Knife Aid is still working there. It’s all services. They are available online. You can also visit the company in California headquarters in person.

They also handled four to fourteen Knives. In 2020, Shark Tank gave them a lot of exposure; at the time, they struck a deal for $500,000 with Lori and Rohan at 20%.

Currently, Marc Lickfett serves as the CEO of the company Knife Aid. In 2019, Marc Lickfett and Mikael Soderlindh founded the company Knife Aid based in Malibu, California.

Who is Marc Lickfett?

Marc Lickfett is from Sweden and is a serial entrepreneur interested in technology and has over 20 years of experience leading and creating information technology companies.

Currently, he is the CEO of Knife Aid Inc. Marc Lickfettfounded, which is now thriving in the United States and has appeared on Shark Tank’s television show.

He is a famous businessman with a distinct personality that stems from his will to succeed. In 2019, he started Knife Aid. He served as the CEO or COO of firms in Sweden, Germany, the United Kingdom, and the United States. He has also appeared on ABC’s “Shark Tank.”

Shark Tank Appearance

Already a similar business in Sweden. So, in 2019, they decided to take their company to the United States.

This is because Mikael didn’t want to fail again in a foreign country. He decided to get help from a big investor. They offered the Sharks 15% equity for $400,000 and were priced fairly.

The Sharks said the potential of their unique service caused a spirited back-and-forth between the investors. Shark Rohan Oza offered $400,000 for 20%, and Lori Greiner teamed up with a guest.

After Shark Tank

Marc and Mikael’s knife-sharpening startup received much attention after their appearance on Shark Tank. The episode ended with a great deal; it is reported that it never closed. They sought out other investors through other means.

The company TQ Ventures eventually funded their plans to continue doing business. Their annual sales are around $2 million, according to some reports.

Knife Aid continues to grow and earns income after its appearance on Shark Tank. The company continuously secured funding from other ventures such as TQ ventures to expand its operations. They also increased their services which also helped him to gain more customers and earn more income.

In September 2023, Knife Aid also opened a local store in Conejo Valley. These all ventures described that the company is continuously growing and earning income from its different services.

Frequently Asked Question

• Is Knife Aid still in business?

Knife Aid is still in business and providing professional knife and sharpening services actively. Customers simply send their dull knives by main. Knife Aid sharps the knives and sends them back.

• Did Knife Aid become Successful?

The company is still going strong and growing day by day. In September 2023, Knife Aid also opened a local store in Conejo Valley. These all ventures described that the company is continuously growing and earning income from its different services.

• What is the revenue of Knife Aid?

Knife Aid is a mail-in knife sharpening service that was founded by Swedish entrepreneurs Mikael Soderlindh and Marc Lickfett. Knife Aid is worth $2 million as of 2025. It gained significant popularity after its appearance on Shark Tank in 2019. They secured a deal with Lori Greiner and Rohan Ozan for $500000 in exchange for 20% equity during the show.

• Did Lori Invest in Knife Aid?

Barbara Corcoran and Kevin O’Leary proposed a better offer of $500000 for 20 percent equity. When the Knife Aid founders stepped outside to discuss, the Sharks rushed after them and convinced them to accept a deal. In the end,d Lori and Rohan won their final offer of $500000 for 20 percent equity.

Is Knife Aid’s gift card generating revenue for the company?

Knife Aid also earns money through e-gift cards. These gift cards let pay for sharpening services. This marketing approach is a great way for the company to earn extra money and attract new customers through gifting.