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Knife Aid Net Worth & Income 2024; Shark Tank Business & More

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Knife Aid Net Worth

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. In 2024, 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.

Company Full Name:      Knife Aid
Founded by: Marc Lickfett and Mikael Soderlindh
Company based on: Sharpening knives
Shark: Lori Greiner and Rohan Oza
Location: Agoura Hills, California
Knife Aid Net Worth 2024: $2 Million

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.

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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’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 Net Worth 2024 / Income

In 2023, Knife Aid’s net worth is around $2 million. The company is doing well with its wealth of $2 million. According to some reports, the company’s total revenue is about $200,000.

Not only do they sharpen knives, but they also sharpen other items such as scissors, and they also offer knife repairs!

The company is based in Malibu, California. The business type of the company is eCommerce. The order was delivered by mail.

Frequently Asked Question

  • How is Knife Aid doing now?

Knife Aid is still up and running. Knife Aid has continued to build a business for itself after appearing on “Shark Tank” in 2019.

  • What is knife aid worth today?

Knife Aid company is worth $2 million as of 2024.

  • Who are the owners of Knife Aid?

Michael and Mark are the owners of Knife Aid. Marc Lickfett serves as CEO of Knife Aid Inc.

Will Jack is an accomplished writer who loves to tell stories and loves to do research. Jack has ten years of experience content writing, so he adds a wealth of knowledge to the process of creating reader-resonant bios. Together with Jack and networthgorilla.com, learn the craft of writing biographies. Come celebrate with us the diversity and depth of the human experience via the storytelling medium.

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Disclosure

The net worth figures and related information presented here are derived from a variety of public sources. These figures should not be regarded as definitive or fully accurate, as financial positions and valuations are subject to change over time.