Byoot Company Net Worth 2023 Update (Before & After Shark Tank)
Byoot Company is a button-up swimwear line for women. Elyce and Nathan Billany started Byoot Company in 2018. As of December 2023, Byoot Company’s net worth is estimated to be $350,000. They are pulling in a whopping $8.1 million in annual revenue.
In March 2021, they appeared on season 12 of Shark Tank USA and made a deal with Kendra Scott for $50,000 as a loan with 10% interest and 5% equity. The final valuation was $333,333, up from the founder’s initial estimate of $166,666.
Shark Tank allowed Byoot Company to elevate its sales. However, there is limited information on Byoot Company’s financial status. Therefore, it is hard to predict the future of the company. Nevertheless, as of December 2023, it remains to be in business. You can make purchases through the company website and Amazon.
Byoot Company Net Worth
| Net worth | $350,000 *estimated (2023) |
| Annual Sales Revenue | $8.1 million (2023) |
| Profits | – |
| Lifetime sales | $10,000 (2020) |
| Investor | Kendra Scott |
| Founders | Elyce and Nathan Billany |
| Employees | 2-10 |
Byoot Company Net Worth Timeline
| Net Worth 2023 | $350,000 *estimated |
| Net worth valuation in 2021 after appearing on Shark Tank | $333,333 |
| Net worth valuation in 2021 before appearing on Shark Tank | $166,666 |
Byoot Company Pitch on Shark Tank
| Company name | Byoot Company |
| Product | A button-up swimwear line for women |
| Episode | Season 12 Episode 14 |
| Founders | Elyce and Nathan Billany |
| Asked for | $50,000 for 30% equity |
| Final deal | $50,000 as a loan with 10% interest and 5% equity |
| Shark | Kendra Scott |
| Location | Le Claire, Iowa |
Don’t miss these products from Season 12
Byoot Company Founders
Elyce and Nathan Billany founded Byoot Company in 2018. Graduated from Ashford University, Elyce has years of experience working in the corporate sector. Besides running her own business, she currently serves as the Director of Marketing at Fortress Bank. Nathan is Elyce’s husband and business partner. He is currently the Director of Business Development at Estes Construction. Byoot Company’s founders Elyce and Nathan Billany’s net worths are unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2021 | Byoot Company was featured on Shark Tank and won 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 Byoot Company and its continued success.
