Psyonic Net Worth: What Is Actually Known About the Bionic Hand Company’s Value

Last updated: November 11, 2026

Psyonic Net Worth is best understood through the company’s valuation, not a traditional personal wealth figure. The maker of the Ability Hand bionic prosthetic was valued at $65.07 million during its 2024 StartEngine crowdfunding offering. This figure reflects the price investors agreed to pay for shares in that round, not an independently audited valuation or confirmed net worth.

Because Psyonic is privately held, its shares do not have a publicly traded market price. This article examines the company’s documented financial information, reported figures, and available estimates while clearly identifying their sources. It also explores founder Dr. Aadeel Akhtar’s background and explains why his personal net worth remains undisclosed.

Psyonic Quick Facts

Psyonic Net Worth: Is There an Official Figure?

No. Psyonic is a private company, and there is no public statement of its net worth. Valuation, revenue, funding and net worth are different ideas, and websites often blur them.

• Valuation is the price implied by the latest investment round. It is a negotiated number.
• Revenue is sales, which is not profit.
• Funding raised is cash invested, which is not value.
• Net worth is assets minus debts. For a company this is shown on a balance sheet, which the offering page summarizes only partly.

Search results for “Psyonic net worth” are dominated by Shark Tank update sites and pages that appear to be auto-generated, including pages that mix the company up with other brands that sound similar. We use only the offering page, a venture-data profile, news articles and Wikipedia, and we flag disagreements between them.

Which Psyonic Is This?

This article is about PSYONIC, the bionic-limb company led by Aadeel Akhtar and featured on Shark Tank. It is not about Psyonix, the video game developer, or other businesses with similar names.

Why Its Value Is Hard to Estimate

• No market price. The company is private, and a crowdfunding valuation is a one-time price set by the company and its investors.
• Small, early revenue. The offering page shows revenue of about $1.7 million, a small base for a $65 million valuation.
• Funding totals disagree. Sources give $3.1 million, $3.6 million, $4.1 million, $5.22 million and “more than $10 million.”
• Grants are not equity. Some money came as grants, which do not buy ownership.
• Deal terms are unclear. The Shark Tank terms do not reconcile with the valuation reported.
• Ownership is not public. We do not know what share the founder holds.

Psyonic’s Money Figures on Record

None of these rows is the company’s net worth.

The StartEngine Financials

The StartEngine offering page lists the company’s financials for its most recent fiscal year against the prior year. It does not name the years, so we describe them that way.

• Revenue and sales: $1,655,166, compared with $652,789 the year before. That is about two and a half times higher.
• Cost of goods sold: $810,759, compared with $875,986.
• Net income: $75,758, compared with a loss of $441,251.
• Cash: $438,919, compared with $158,324.
• Total assets: $1,202,921, compared with $320,520.
• Long-term debt: $1,615,902, compared with $1,427,500.

The page also warns that the investment is “speculative, illiquid, and involves a high degree of risk” and that investors could lose their entire investment. We treat the figures as the company’s own reporting.
One conflict: the Shark Tank Blog says 2022 sales were just over $1 million with a profit of about $100,000. The offering page’s prior-year revenue is $652,789 and its prior-year result is a loss. The two cannot both describe the same year, and we do not know which years each refers to.

The $65 Million Valuation, Explained

On StartEngine, shares of non-voting Class B common stock were offered at $2.43, at a stated valuation of $65.07 million. The funding goal was between $10,000 and $2.74 million, and investors could put in from $294.03 to $1,234,998.90. The offering closed on April 30, 2024. The page does not state how much was raised or how many investors took part.

Shark Tank Blog says the StartEngine campaign aimed at $2 million but raised $1,065,170.94, and CB Insights lists a $1.04 million round dated April 30, 2024, which is consistent. The same blog says earlier rounds were at $12 million and $15 million valuations. A $65 million valuation on revenue of about $1.7 million is about 39 times sales, by our arithmetic. That ratio reflects investor expectations for growth, which are not guaranteed.

The Shark Tank Deal

SlashGear says Akhtar appeared in episode 16 of season 15, asking for $1 million for 2% at a $50 million valuation. Kevin O’Leary, Lori Greiner and Daymond John made a joint offer of $1 million for 6%, split evenly, which Akhtar accepted. Mark Cuban was skeptical and Robert Herjavec did not make an offer. Benzinga, on March 1, 2024, said the offer included some advisory shares.

The math does not work out as stated. At a $50 million valuation, $1 million buys 2%, not 6%. Three sources repeat the 6% figure without explaining the gap, so we assume part of the stake is advisory shares or a different structure, and we do not know the actual terms.

Whether the deal closed is also unclear. Shark Tank Blog said that as of June 2024 there was no evidence it closed. Primetimer says it closed in February 2025. CB Insights shows a February 23, 2024 round with the three Sharks as investors, which was the air date. SlashGear’s February 2025 article called the deal “still in progress.” We therefore say the status is reported inconsistently.

Product Price

Shark Tank Blog says the Ability Hand costs $10,000 to $20,000, with a pitch figure of $15,500 per hand against a $1,800 cost to make. Primetimer says about $15,000 to $20,000, and that Akhtar is “targeting $5,000 eventually.” SlashGear says the company brought the price to between $10,000 and $20,000 and ensured Medicare coverage but gave no reimbursement figure. Wikipedia says the hand is covered by Medicare and gives no price.

The $1,800 cost figure is a pitch claim, so we do not use it to compute margins.

Growth and Recent News

The Psyonic press release dated March 16, 2026, announced at NVIDIA GTC 2026, says the Ability Hand is now a native asset in NVIDIA Isaac Lab, an open-source robot learning framework, and calls it the first commercially deployed dexterous hand integrated directly into the platform. The release gives no figures on employees, units, customers or funding.

Primetimer says staff grew from 7 to nearly 50, that more than 250 people use the Ability Hand, that more than 50 robotics companies use its technology and that the long-term goal is 10,000 units a year. SlashGear, in February 2025, said 30 full-time employees, and production was limited to 100 units a year before the show with a target of 500 in 2025. Primetimer itself lists both 100 a year and 150 a month for production, so we do not rely on those numbers.

Wikipedia says a research version of the hand is used by organizations including Apptronik, NASA and Meta, and that two of the top five finishers in the ANA AVATAR XPRIZE used Ability Hands.

Dr. Aadeel Akhtar

Wikipedia says Akhtar was born on January 15, 1987, in Streamwood, Illinois, earned a bachelor’s in biology and a master’s in computer science from Loyola University Chicago, and completed a Ph.D. in neuroscience and a master’s in electrical and computer engineering at the University of Illinois Urbana-Champaign in 2016. It says he became interested in affordable prosthetics after meeting an amputee as a child on a family trip to Pakistan, and that he was named to MIT Technology Review’s 35 Innovators Under 35 in 2021.

His personal net worth is not public. A founder’s wealth depends on how much of a private company he owns after investor rounds, and we found no source that discloses his stake. We do not estimate it.

What a Valuation Does and Does Not Mean

• It is not cash. A $65 million valuation does not mean $65 million in the bank. The page shows cash of $438,919.
• It is not an exit price. A private company’s shares cannot be sold at that price unless a buyer agrees.
• It can fall. The offering page itself warns that investors can lose everything.
• It does not belong to the founder alone. Investors, including crowdfunding investors and the Sharks, own shares too.

Timeline

• 2015: Akhtar launches Psyonic as a graduate student at UIUC.
• 2021: named to MIT Technology Review’s 35 Innovators Under 35.
• February 23, 2024: Shark Tank season 15 episode with a $1 million offer.
• April 30, 2024: StartEngine round closes at a $65.07 million valuation.
• February 2025: Primetimer says the Shark deal closed; SlashGear calls it in progress.
• October 10, 2025: CB Insights lists a $0.35 million round from Alumni Ventures and K Street Capital.
• March 16, 2026: NVIDIA GTC announcement.

Why Websites Give Different Numbers

• Valuation as net worth: a round price is treated as what the company is worth today.
• Pitch claims as facts: lifetime sales and cost figures from the show are repeated as audited.
• Mixed funding totals: grants, crowdfunding and venture money are added together or left out.
• Look-alike names: pages for similar company names are merged with this one.
• Old data, new label: 2024 figures appear under 2026 headlines.

What We Still Do Not Know

• The company’s current valuation and net worth.
• Revenue and profit since the 2024 offering.
• The total amount of equity and grant funding raised.
• Whether and on what terms the Shark Tank deal closed.
• The founder’s ownership share and personal wealth.
• The company’s debt today.

Anyone who answers these with certainty is guessing.

Key Takeaways

• Psyonic’s 2024 crowdfunding round priced it at $65.07 million. That is a valuation, not a net worth.
• The offering page shows revenue of $1,655,166 and long-term debt of $1,615,902.
• Funding totals range from $3.1 million to more than $10 million depending on the source.
• The Shark Tank terms and closing status are reported inconsistently.
• Founder Aadeel Akhtar’s personal net worth is not public.

Frequently Asked Questions

What is Psyonic’s net worth?

No verified figure exists. The best-sourced number is a $65.07 million valuation from its 2024 StartEngine round, which is not a net worth.

What is Aadeel Akhtar’s net worth?

It is not public. We found no source that discloses his ownership stake in the company.

How much revenue does Psyonic make?

The StartEngine offering page shows $1,655,166 in its most recent fiscal year, up from $652,789. The page does not name the year.

How much did Psyonic raise?

Sources disagree: $3.1 million (Benzinga), $5.22 million (CB Insights, partial) and more than $10 million including grants (Primetimer).

Did Psyonic get a deal on Shark Tank?

Kevin O’Leary, Lori Greiner and Daymond John offered $1 million, and Akhtar accepted. Reports differ on whether the deal closed.

How much does the Ability Hand cost?

Between about $10,000 and $20,000, according to SlashGear and Shark Tank Blog. A pitch figure was $15,500.

Is the Ability Hand covered by Medicare?

Wikipedia and SlashGear both say it is.

Why do net worth sites disagree on Psyonic?

They mix valuation with net worth, repeat pitch claims and add funding from different sources.

Also read: Janelle James Net Worth

Bottom Line

The best-sourced answer to “What is Psyonic’s net worth?” is that no verified figure exists. The number most often quoted, $65.07 million, is the price of a 2024 crowdfunding round, set against revenue of about $1.7 million and debt of about $1.6 million. What is documented is a real product, a Medicare-covered hand with growing use in robotics, and a company that appears to be growing.

The honest takeaway: Psyonic’s value is a private-market estimate, and its founder’s wealth is unknown.

Sources

• StartEngine: Invest in PSYONIC (2024 round)
• CB Insights: PSYONIC funding and financials
• SlashGear: What happened to the Psyonic bionic hand from Shark Tank season 15 (February 3, 2025)
• Primetimer: What happened to Psyonic Bionic Hand after Shark Tank season 15
• Shark Tank Blog: Psyonic update (May 15, 2025)
• Benzinga via Yahoo Finance: O’Leary, John and Greiner back $50 million bionic hand company (March 1, 2024)
• Wikipedia: Aadeel Akhtar
• PSYONIC: Collaboration with NVIDIA announced at GTC 2026 (March 16, 2026)

About the Author

Bilal Akram writes about business and public figures. Every figure in this article is tied to a named source, and estimates are labeled as estimates.