Boho Net Worth 2023 Update (Before & After Shark Tank)

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GAG Team

Boho is a camper van rental service. This was started by David Sodemann and Brett Ellenson in 2018. As of December 2023, Boho’s net worth is $25 million. They’re pulling in a whopping $7 million in annual revenue. 

In March 2020, they appeared on Season 11 of Shark Tank USA and made a deal with Barbara Corcoran for $150,000 cash & $150,000 as a line of credit for 10% equity. The final valuation was $3 million, the same as the founder’s initial estimate.

After Shark Tank, Boho experienced significant growth in business. Boho had to deal with specific issues during the pandemic. Nevertheless, it is currently running the business successfully. You can just head to the Boho website to get the services.

Boho Net Worth

Net worth$25 million (2023)
Annual Sales Revenue$7 million (2023)
Profits$2 million
Lifetime sales$19 million (2023)
InvestorBarbara Corcoran
FoundersDavid Sodemann and Brett Ellenson
Employees14

Boho Net Worth Timeline

Net Worth 2023$25 million
Net Worth 2022$21 million
Net Worth 2021$16 million
Net Worth 2020$19 million
Net worth valuation in 2020 after appearing on Shark Tank  $3 million
Net worth valuation in 2020 before appearing on Shark Tank  $3 million

Boho Pitch on Shark Tank

Company nameBoho
ProductA camper van rental service
EpisodeSeason 11 Episode 07
Founders David Sodemann and Brett Ellenson
Asked for$150,000 cash & $150,000 as a line of credit for 10% equity
Final deal$300,000 for 10% equity
SharkBarbara Corcoran
LocationPhoenix, Arizona

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Boho Founders

David Sodemann and Brett Ellenson founded Boho in 2018. David has years of experience working in the Sales and Marketing sectors. Brett was previously a Mechanist and a Regional Director for a Machine Tool Company. Their enthusiasm for adventurous lifestyles was one of the reasons that drove them to start Boho. Boho’s founders, David Sodemann and Brett Ellenson’s net worths are unknown as of 2023.

Key accomplishments

YearAccomplishment
2020Boho was featured on Shark Tank and secured a deal.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Boho and its continued success.