Swimply Shark Tank Net Worth, Salary, its founder, and other details. Swimply has a net worth of 180 million USD and earns $31 million in annual sales revenue.
The company appeared on Season 11 of Shark Tank but was turned down by all the sharks. However, Swimply persevered and became highly successful. Airbnb recognized this success and invested $40 million in the company, with plans to acquire it in the coming years. Must See Gameface Shark Tank Net Worth.
Swimply Shark Tank Net Worth
Name | Swimply |
Type of Site | Private |
Revenue | $31 Million |
Profits | $7 Million |
Lifetime Revenue | $73 Million |
Founder | Asher Weinberger |
Co-Founder | Bunim Laskin |
Employees | 50+ |
Pool Listings | 26,000+ |
Court Listings | 17,000+ |
Main Investor | Airbnb |
Launched Date | June 2018 |
Net Worth | $180 Million |
Swimply’s financial performance since appearing on Shark Tank:
- Year: Revenue (in millions)
- 2019: $1
- 2020: $7
- 2021: $29
- 2022: $231
- 2023: $40 (projected)
Here are some additional details about Swimply:
- Founded in 2017 by Bunim Laskin and Asher Weinberger
- Headquarters in Los Angeles, California
- Available in the United States, Canada, and Australia
- Over 100,000 pool listings
- Over 1 million users
- $40 million in funding
- Net worth of $180 million
Brief Introduction to Swimply
Swimply is a marketplace where pool owners can rent out their pools to users hourly. It allows non-pool owners to enjoy the luxury of swimming while providing pool owners with additional income from underutilized pools. Users can easily rent private swimming pools online for individual or group use. As of 2023, Swimply’s net worth is approximately $30 million.
Swimply operates in the United States, Canada, and Australia. The new app lets users easily find and rent pools nearby. The app has many options available, from public facilities to private pools. Swimply also offers discounted rates for members of the pool’s affiliated swim club or gym.
Swimply offers affordable access to private pools for people without their own, while providing pool owners with an opportunity to earn revenue from their underused pools. The service includes $1 million in coverage for hosts in the United States.
Renters and landlords can access the benefit in Australia, Canada, and the United States. Expenditures vary between $20 to $275 per hour. The pool is categorized as “Family Friendly” or “Party Friendly.” Check out Ootbox Shark Tank Net Worth.
Swimply Shark Tank Revenue
After failing to secure an investment in Shark Tank, Swimply focused on adding more pools. They have successfully listed over 1,000 pools throughout the United States. Swimply is experiencing rapid growth and is projected to reach $50 million in annual revenue within two years.
Swimply, a company affected by the Covid-19 pandemic, faced losses but managed to stay operational thanks to capital raised from venture capitalists. Swimply’s revenue increased after Covid. Many pool owners, who lost jobs and businesses during the pandemic, are grateful to Swimply for providing them with a source of income. Swimply earns $80,000 daily and is the second Shark Tank miss after Doorbot (Ring).
Swimply After Shark Tank
Sharks turning down Swimply was a blessing for the company. Asher Weinberger felt put down and mocked by the sharks, which hurt his confidence.
Asher Weinberger, who arrived on Shark Tank, now controls the company as CEO and owns 45% of it. He gains a $1 million salary each year.
Stats
Swimply cultivates 50,000 bookings each month.
Swimply has positioned over 3 Million consumers in pools to date.
Swimply demands a 15% charge per booking.
Swimply Shark Tank Net Worth Growth
Swimply Shark Tank Net Worth 2023 | $180 Million |
Swimply Shark Tank Net Worth 2022 | $130 Million |
Swimply Shark Tank Net Worth 2021 | $69 Million |
Swimply Shark Tank Net Worth 2020 | $40 Million |
Swimply Shark Tank Net Worth 2019 | $18 Million |
Swimply Net Worth 2018 | $5 Million |
Swimply Biography
Swimply has raised $40 million in funding led by Mayfield, only seven months after securing $10 million. Swimply connects homeowners who have underutilized backyard spaces and pools with people seeking a place to gather, cool off, or exercise.
Swimply aims to make recreational spaces more accessible and allow hosts to share their unused assets with their communities. Swimply is experiencing significant growth, and the market for its services extends beyond swimming pools, which already represent a $52 billion industry.
Asher Weinberger founded Swimply. He attended rabbinical school and studied business administration in Israel. You may also like Pavlok Shark Tank Net Worth.
Swimply Competitors
Swimply is a highly reputed company that has a lot of competitors. A few competitors of Swimply are:
- Surprise Pool Party
- TravelPerk
- Vezeeta
- FareHarbor
Is Still in Business: Swimply Shark Tank?
Yes, Swimply is still in business as of May 2023. It’s an online marketplace that lets homeowners with swimming pools offer them for hourly rentals to individuals or groups.
Reserve your spot with Swimply through their mobile app or website. You can communicate, choose amenities, and pay all in one place using the Swimply platform.
Frequently Asked Questions
What is the net worth of Swimply?
The net worth of Swimply is $180 Million.
How much is the lifetime revenue of Swimply?
The Lifetime revenue of Swiply is $31 Million.
Who is the founder of Swimply?
Asher Weinberger is the founder of Swimply.
When was Swimply Launched?
Swimply was launched in June 2018.
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