BrellaBox, an umbrella rental business, was started by Anusha Kambhampaty and John O’Connor in 2014. BrellaBox net worth was $2 million at the time of their pitch in 2016 based on the $400,000 offer for 20% of the equity of the company.
They appeared in season 7 of Shark Tank USA in 2016. However, the Sharks were not interested in investing in BrellaBox. Unfortunately, all sharks were not that okay with their concept and BrellaBox dropped.
In September 2023, BrellaBox was not in business anymore.
BrellaBox Net Worth
Net worth | $2 million (Business Valuation) |
Lifetime sales | N/A |
Investor | None |
Founder | Anusha Kambhampaty and John O’Connor |
BrellaBox Net Worth Timeline
Net Worth 2023 | Out of business |
Net worth valuation in 2016 before appearing on Shark Tank | $2 million |
BrellaBox Pitch on Shark Tank
Company name | BrellaBox |
Product | Umbrella rental box |
Episode | Season 07 Episode 26 |
Founders | Anusha Kambhampaty and John O’Connor |
Asked for | $400,000 for 20% equity |
Final deal | None |
Sharks | None |
Location | Fredericksburg, VA |
BrellaBox Founders
BrellaBox was founded by Anusha Kambhampaty and John O’Connor in 2014. John O’Connor is a serial entrepreneur who has founded several successful businesses, including a mobile app development company and a marketing agency. He is also a graduate of Harvard Business School. Anusha Kambhampaty, the other partner, is a sustainability expert with a background in environmental engineering. She is also a graduate of the University of Pennsylvania.
The net worth of BrellaBox’s founders, Anusha Kambhampaty and John O’Connor, is unknown as of 2023.
Key accomplishments:
Year | Accomplishment |
2016 | The company appeared on Shark Tank season 07 |
Conclusion
Some companies that appear on the show have not achieved great success, and the BrellaBox is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, BrellaBox went out of business in 2018. And the product is no longer available in the market.