Sparketh Net Worth Shark Tank Update 2025 

Many young artists find it hard to get the inspiration and guidance they need because art education isn’t given much importance compared to subjects like science and math in schools. As a result, creative students often feel lost. Parents hoping to encourage their child’s artistic skills typically only have two options: expensive art classes or free online tutorials that often lack a clear structure.

Recognizing this issue, childhood friends Dwayne Walker and Tim Samuel created Sparketh, an online platform aimed at teaching art to kids and teens. Sparketh provides organized video courses that cover various art techniques, such as drawing and painting. This setup allows young artists to learn at their own speed and connect with other young creatives.

In Shark Tank Season 13, Walker and Samuel pitched Sparketh, asking for $100,000 in exchange for an 8% stake in their company. Although their passion shone through during the pitch, sharks were worried about whether the business would be profitable and if customers would stick around.

After some discussion, two of the sharks, Barbara Corcoran and guest shark Daniel Lubetzky, offered a deal: they would give $100,000 for a 20% share in the company, but only if Sparketh became profitable within six months.

Sparketh Net Worth Shark Tank Update 2025 

Dwayne and Tim were looking for an investment of $100k in exchange for 8% equity in the company. At the time of the episode, they valued their company at $1.25 million. Dwayne and Tim successfully secured a deal with Barbara and Daniel for an investment of $100k for 20% equity in the company. The investment adjusted the company’s net worth to around $500k. After the show was aired, Sparketh saw a big increase in website traffic, sales, and social media exposure. As per my rough estimate, Sparketh’s current net worth is around $1.5 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Daniel Lubetzky and Barbara	$100,000 for 20% equity, contingent on making a profit after 6 months	N/A	Yes
Lori Greiner	Out	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Barbara Corcoran	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Dwayne Walker and Tim Samuel Backstory + Their Initial Pitch 

Dwayne Walker and Tim Samuel, best friends from Atlanta, were passionate about creativity and noticed that many young people didn’t have access to good art education. In 2015, they decided to leave college and start a business called Sparketh, which is a subscription service that provides art lessons for kids and teens.

Tim Samuel has sickle cell disease, which often landed him in the hospital, but he stayed focused and motivated to work on their business. Meanwhile, Dwayne Walker worked on making the art lessons fun and engaging. Together, their different skills helped them create a strong partnership.

They pitched their business on Shark Tank, where they aimed to secure investment. During their presentation, they showcased their enthusiasm and even did a live art demo to illustrate how easy their lessons were to follow. However, when the conversation shifted to the financial aspects, the sharks’ excitement lessened.  They asked for $100,000 for 8% of the company, which would value Sparketh at $1.25 million. 

They made $300,000 in 2020 and expected to increase that to $500,000 in 2021. A lot of subscribers canceled their memberships within a year. It cost them $51 to acquire each new customer, but each customer would usually pay $160 over their time with the service.

The sharks were worried because the business wasn’t making much profit; it was just managing to cover its costs.

Queries + Shark’s Responses, and Final Deal

Lori asked why parents would pay for their art tutorial service when there are free options available on platforms like YouTube. Although she liked the concept, she felt that it didn’t stand out enough from existing free resources, so she decided not to invest.

Kevin pointed out that the entrepreneurs were asking for a lot of money based on a high valuation of their business. He was concerned about their lack of profits and the high costs associated with acquiring customers, which led him to walk away from the deal.

Mark also questioned how the business was different from free tutorials available online. He didn’t see anything that made them unique enough to compete, so he chose not to invest.

Both Barbara and Daniel noted that the founders showed a lot of passion for their project. Barbara offered them $100,000 for a 20% share of the business but made it clear that they needed to start making a profit within six months for the investment to be worthwhile. Daniel decided to join Barbara in the investment to help guide and mentor the entrepreneurs.

In the end, Barbara and Daniel agreed to invest $100,000 for a 20% share of the company, on the condition that the business becomes profitable in six months.

Product Availability

Sparketh is an online platform for learning art, where you can explore various creative skills like drawing, painting, and digital art. They provide organized courses that help you progress through different topics, such as drawing animals, portraits, or nature scenes. 

You can start with a free one-month trial to see if you like it. After that, it costs $25 per month or $250 if you pay for a whole year in advance. You can access all of this by visiting their official website.

What Happened To The Sparketh After Shark Tank?

As of today, Sparketh is still in operation but hasn’t seen a huge surge in popularity. The company is making about $1.5 million a year, which is a big increase from $300,000 in 2020. They have more than 18,000 followers on Instagram, indicating that they have some level of audience engagement. 

There haven’t been any significant updates or news shared on their website since their appearance on  Shark Tank. Overall, while Sparketh didn’t become a household name, it has managed to keep a dedicated group of users.

Conclusion 

Sparketh is a company that helps young artists learn and improve their art skills, and they appeared on Shark Tank. On the show, they impressed sharks Barbara Corcoran and Daniel Lubetzky enough to get a financial deal. However, even though they’ve made about $1.5 million in revenue, indicating that they are somewhat stable, their growth has been slow, and there haven’t been many recent updates about their progress.

This could mean they are still trying to find ways to grow their business more effectively.

For young artists, Sparketh is still a useful resource for learning art. However, without a stronger advantage over their competitors, it might be hard for them to become the leading platform for online art education. It remains uncertain whether the founders, Walker and Samuel, can successfully transform their ideas into a thriving business in the long run.