Swipensnap is a Houston, Texas-based kid hygiene and timesaving diaper cream applicator. The company was founded by Ukarian entrepreneur Alina Kravchenko in 2017 and on Shark Tank season 12, founder Alina was seeking $120K for a 10% stake. As of 2024, Swipensnap’s net worth is $369K.
On this page
Swipensnap Net Worth
SwipenSnap makes money with its revolutionary product called “SwipenSnap Diaper Cream Applicator” which is priced at $19 and this is the only product they are selling under this brand to date.
American award-winning company “SwipeNsanp” has an estimated net worth of $369K including its goodwill and assets. It’s a patent product and it took five and a half years to get.
Founder Alina, initially started the company with an angel investor’s money of $60,000 in exchange for a 5% equity in her company. This early funding helped the company to get off the ground.
Alina sold $15,000 worth of products in two years after registering the company.
| Company name | Better Way Goods |
| Brand | Swipensnap |
| Founder | Alina Kravchenko |
| Founded | 2017 |
| Industrie | Manufacturing |
| Headquarters | Houston, Texas, United States |
| Products | SwipenSnap™ Diaper Cream Applicator |
| Business Type | LLC |
| Patent | 1 |
| Net worth | $ 369K |
| Revenue | $ 500K |
| Company value | $ 1.2 Million |
| Total Funding | $ 120K |
| Investors | 2 |
| Owner | 3 |
Also read – Larq After Shark Tank, Net worth, Funding, Revenue, Sales
Swipensnap Shark Tank Funding
| Air Date | 22 January 2021 |
| TV show | Shark Tank Episode 11, Season 12 |
| Asking for | $120,000 for 10% equity |
| Final deal | $120K for 50% equity |
| Sharks in | Lori Greiner (25%) and Kevin O’Leary (25%). |
| Sharks out | Robert Herjavec, Mark Cuban, and Daniel Lubetzky |
Swipensnap Shark Tank Pitch, Offer, and Video
Alina Kravchenko (Founder): Seeking $120,000 for 10% equity
Robert Herjavec: Robert out by saying, as a new dad I wouldn’t use this product for the baby.
Daniel Lubetzky: Daniel showed interest to invest in the company, he was most interested in the patent.
Lori Greiner: Lori was also interested in licensing, she made an offer with Daniel, $120,000 for 33%.
Daniel Lubetzky: Explain his offer, he wanted to commercialize the double threat in a variety of ways, if he does all that he would go with 33% of current business and 100% of any other uses. However, Kevin made an offer with Lori and kick out Daniel of the deal.
Kevin O’Leary: Kevin is also interested in licensing, he made an offer with Lori for 120K for a 25% stake each.
Alina Kravchenko (Founder): Alina has accepted the offer of $120K for 50% equity by Lori Greiner and Kevin O’Leary.
Also read – FitFighter Net Worth, After Shark Tank, Funding, Revenue, Sales
Swipensnap After Shark Tank Update
After Shark Tank, Swipensnap’s sales skyrocketed and got millions of eyeballs nationally and internationally on her product, which let her product more recognized by the people.
Although founder Alina hasn’t made major changes to her company Swipensnap, the product price is still the same, and also their website has not been updated.
Social media account…
| swipensnap |
FAQs
How much is Swipensnap worth?
Swipensnap’s net worth is $369K.
Who is the founder of SwipenSnap?
SwipenSnap’s founder is Alina Kravchenko, a Ukraine-American entrepreneur, she was born in Ukraine and moved to the United States with her family when she was 12.
What is the SwipenSnap?
SwipenSnap is a one-hand diaper cream applicator founded by Alina, she came up with this innovative product in 2009 when her son was born. The company won the “Mom’s Choice Award New Innovation”. This product making cost $1.85 selling price was $10 initially and then was priced at $20, currently selling at $19.
