Swimply Shark Tank Net Worth and Annual Revenue 2024

Swimply Shark Tank’s Net Worth is estimated to be $180 million. 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. Swamply is a company that rents out its pools by the hour.

The founders of the Swamply company were Bunim Laskin and Asher Weinberger. the appeared on Season 11, Episode 19 of “Shark Tank,” which aired in March 2020. At the time, they were seeking an investment of $300,000 for a 5% equity stake, valuing the company at $6 million. Also, check Tim Burton’s Net Worth.

What is Swimply Shark Tank’s Net Worth and Annual Sales?

Swimply has a net worth of 180 million USD and earns $31 million in annual sales revenue. The company generates revenue through its platform, connecting pool owners with renters.

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 Simply:

• 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 Simply

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 2024, Swimply’s net worth is approximately $180 million.

Simply 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 benefits 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.” You may also like Katherine Ryan’s Net Worth.

Swimply Shark Tank Revenue

After failing to secure an investment in Shark Tank, Simply 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). You can also check Afrika Bambaataa’s Net Worth.

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.

Status

• 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

About Swimply Personal Details

Swimply has raised $40 million in funding led by Mayfield, only seven months after securing $10 million. The company 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. The company 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 must read Freddy Carter’s 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

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.

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