Animated Lure Shark Tank Update | Animated Lure after the Shark Tank
What is Animated Lure?
Animated Lure is a patented automated fishing lure designed to make fishing easier.
It is available in three different sizes: tiny, classic, and saltwater.
It is electrically designed to move like a real fish, with a tiny propeller and a variety of skins to simulate different types of bait fish.
While on a fishing excursion with his father, his heart felt a twinge of grief when his father expressed his longing for his siblings to join them, if only they possessed the patience required for fishing’s unavoidable waiting period.
That inspired 13-year-old Kanz Kayfan to imagine methods to eliminate boredom from a hobby that requires patience from both young and elderly.
He concluded that the inability to wait and the desire for fast results were the two primary reasons younger generations, including my own siblings, would never go fishing.
Our team has combined cutting-edge technology with the time-honored tradition and beauty of fishing by designing a lure that incorporates both an element of entertainment and the most effective method of attracting a fish.
We examined the various bait and lure designs and were unable to come up with anything that could attract fish in a basic yet attractive manner.
Recognizing that fish are inherently attracted to other fish, we capitalized on this biological tendency by constructing a lifelike bait.
Indeed, many people have mistaken our lure for a genuine fish.
Animated Lure entertains while drawing fish in with its realistic swim patterns, look, sound, and vibration.
Our objective is to reignite an ephemeral pastime. We aim to assist families in getting out on the lake and creating experiences that will last a lifetime.
Who Founded Animated Lure?
Sobhan Sanaee and Kanz Kayfan are the co-founders of the Animated Lure.
What happen to Animated Lure at the Shark Tank Pitch?
To get the product off the ground, he ran a successful Kickstarter campaign in December 2015, raising $22,041 in funding.
They manufactured and sent the product in roughly two years.
The lures are available in three different sizes: mini, classic, and salt water. Each size has a variety of different “skins” that simulate various baitfish.
Each lure has a realistic swimming motion and sound that entices fish to bite.
A mini lure costs $29.95, while a classic lure costs $32.95 or $34.95 depending on the skin. A saltwater lure costs $79.95 owing to the bigger battery and corrosion-resistant structure.
Animated Lures employ a small propeller to move the “bait,” and the segmented body simulates the swimming motion of actual fish.
Each lure includes a USB charger and a spare propeller.
Kanz and Sobhan approach the Shark Tank with an offer of $325,000 for a 10% stake in their firm, implying $3.25 million valuation.
They demonstrate the product in action and then deliver their pitch.
Currently, the firm sells direct to consumer, but they’d seek assistance gaining access to large box athletic goods shops.
They have made a total of $247,000 in sales thus far this year (2020).
Robert expressed gratitude to the gentlemen and stated that this was not a commercial transaction for him.
Daymond inquires about their worth and then exits.
Kevin is the only Shark who has made a proposal. Indeed, he advances two propositions.
The first is $325,000 for a 10% stake in the firm and a $3 royalty on each unit sold until he recoups $1 million.
The second offer is for $500,000 in exchange for 20%. They accept the initial offer.
Animated Lure after the Shark Tank Pitch
Kevin’s contract was never completed. Since the show’s October 2020 premiere, scores of knockoff items have flooded Amazon. As of July 2021, the company is still operating.
Animated Lure Net Worth
Kanz and Sobhan approach the Shark Tank with an offer of $325,000 for a 10% stake in their firm, implying $3.25 million valuation.
Animated Lure Competitors.
There is no Competitor for Animated Lure.
Animated Lure FAQS
How does Animated Lure turn on and off?
After being completely submerged in water for one second, Animated Lure will begin swimming in the life-like pattern of a genuine fish.
When the Animated Lure is removed from the water, it automatically shuts off.
How long is Animated Lure capable of swimming?
The Salt Water variant is capable of swimming for up to 2.5 hours, depending on the water conditions.
The Classic model is capable of swimming for up to 1.5 hours continuously, depending on the water conditions.
The Mini model is capable of swimming for 45 to 60 minutes, depending on the water conditions.
How does Animated Lure get charged?
Always properly dry the Animated Lure before charging.
Ascertain that Animated Lure is charging in a secure location and disconnect the USB after it is finished charging.
Connect the red wire clip to the ring protruding from the fish’s head’s crown, and the black wire clip to the ring protruding directly from the fish’s head’s bottom (not the ring used to connect to the fishing hook).
Once Animated Lure begins charging, a blue light in its head will illuminate. This signifies the start of the charging process.
Once the Animated Lure is completely charged, the blue light will turn off.
When the USB is inserted into an adapter or device, the positive (red) and negative (black) alligator clips should never come into touch with one another.
How long does it take for an Animated Lure to charge?
The Salt Water model may take anywhere from 1 to 1.5 hours per full charge cycle, the speed will depend on the adapter that is used.
The Classic model may take anywhere from 45 minutes to 1 hour per full charge cycle, the speed will depend on the adapter that is used.
The Mini Model may take anywhere from 30 to 45 minutes per full charge cycle, the speed will depend on the adapter that is used.
They always recommend charging in a safe area and using power protectors.
How big Animated Lure is and how much does it weigh?
The Salt Water model is 8.8 inches (22.35 cm) and weighs 5.2 ounces (147.42 grams).
The Classic model is 5.25 inches (13.34 cm) and weighs 1.7 ounces (48.19 grams).
The Mini model is 2.5 inches (6.35 cm) and weighs .25 ounces (7 grams).
How strong is Animated Lure?
The Salt Water model hinge strength is up to 100 pounds (45 kg) max.
The Classic model hinge strength is up to 45 pounds (20 kg) max.
The Mini model hinge strength is up to 33 pounds (15kg) max.
How to maintain Animated Lure?
Always dry Animated Lure when you have finished using it and keep stored in climate controlled setting.
Please always check for any worn parts, loose connections, or cracks in the structure.
The propeller and the hinges should be able to rotate and move freely.
How deep can Animated Lure go?
They have tested and recommend that the Salt Water model go no deeper than 25 meters (82 feet) deep.
They have tested and recommend that the Classic model go no deeper than 10 meters (32 feet) deep.
They have tested and recommend that the Mini model go no deeper than 10 meters (32 feet) deep.
Did animated lure get a deal on Shark Tank?
On October 30, 2020, Animated Lure made its Shark Tank debut.
Sobhan Sanaee and Kanz Kayfan struck a $325,000 arrangement with Kevin O’Leary in exchange for 10% stock and a $3 royalty until $1 million is repaid.
Are animated lures real?
The Animated Lure is one of the most unique and unusual fishing lures available today.
It features a split tail that provides excellent motion as the lure propels itself forward utilizing the nose propeller.
How does Animated Lure work?
In general, an animated fishing lure is a swimbait that has been designed electronically to replicate the swim patterns of live bait.
That is, to entice a fish to bite it.
What is the net worth of Sobhan Sanaee?
There is no update about his worth.
What is the net worth of Kanz Kayfan?
There is no update about his net worth
