Platform to rent Private Pools and Courts
#3 in Shark Tank today
Swimply Shark Tank Update
- Swimply appeared in Season 11 of Shark Tank and was turned down by all the sharks.
- As of 2024, Swimply Net Worth is $160 Million. Swimply’s sales revenues are $29 million per year.
After failing to get an Investment through Shark Tank, Swimply has focussed on onboarding more pools and has successfully listed over 1,000 pools across the United States.
Swimply is growing rapidly and is expected to touch $50 million in annual revenue in two years. During the COVID-19 pandemic, Swimply has lost its ground and suffered losses.
During that period, the founders raised capital from venture capitalists and kept the company running.
Swimply Net Worth 2024
Net Worth | $160 Million |
Revenue | $29 Million |
Profits | $5 Million |
Lifetime Revenue | $70 Million |
Founder | Asher Weinberger |
Co-Founder | Bunim Laskin |
Employees | 40+ |
Pool Listings | 25,000+ |
Swimply’s revenue after Covid picked up. Many pool owners who heavily lost jobs and businesses during Covid, are thanking Swimply for providing them a source of income.
Swimply currently rakes in $80,000 in income every day. Since Doorbot (Ring), Swimply is the second big miss on Shark Tank for the Sharks.
Swimply after Shark Tank
Sharks turning down Swimply has become a blessing in disguise for the company. Asher Weinberger was in fact put down and mocked by sharks and he even admitted recently that it hurt his confidence.
Asher Weinberger, who has appeared on Shark Tank now leads the company as CEO and owns 45% of the company. He earns a salary of $1 million annually.
Dont Miss other Shark Tank Product Updates
Stats
- Swimply facilitates 50,000 bookings per month.
- Swimply has put over 3 Million customers in pools to date.
- Swimply charges a 15% commission on each booking
Swimply raised $40 million in a funding round led by Mayfield, just seven months after announcing a $10 million financing. The company connects homeowners who have underutilized backyard spaces and pools with people seeking a way to gather, cool off, or exercise
Swimplyโs mission is to democratize ownership of recreational spaces and to allow hosts to share underutilized assets for their local communities.