Brellabox, a luxury umbrella rental service, was pitched by Kevin Gergel and John O’Connor on Shark Tank in 2016. Despite not securing a deal, the appearance generated attention for their eco-friendly business.
However, Brellabox struggled to gain traction and ceased operations shortly after its Shark Tank episode. The company did not report any significant crowdfunding or acquisition, and it remains inactive as of 2024.
Brellabox’s short-lived run highlights the challenges of maintaining niche services in competitive markets, and its latest known valuation remains undisclosed due to its early closure.
BrellaBox Net Worth
Estimated Net worth | $2 million (2016) Business Valuation |
Annual Revenue | Not available |
Lifetime sales | Not available |
Investor | None |
Founders | Anusha Kambhampaty and John O’Connor |
Employees | None |
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 |
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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 2024, since BarellaBox is out of business.
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.