in , ,

Car Next Door Net Worth 2024 Update (Before & After Shark Tank)

Car Next Door is a peer-to-peer car rental system. This was started by Will Davies & Dave Trumbull in 2012. Car Next Door’s net worth was $7.5 million in 2016 based on the Shark Tank deal.

In 2012, they appeared on Season 02 of Shark Tank Australia and made a deal with Steve Baxter,  $300,000 for 4% of equity.

Car Next Door had notable growth in its sales after its appearance on the show. In 2022, Car Next Door was acquired by Uber. As of January 2024, Car Next Door is active in business as Uber share. You can get their services through the company website.

Car Next Door Net Worth

Net worth$7.5 million (2016)
Annual Sales Revenue
Profits
Lifetime sales
InvestorSteve Baxter
FounderWill Davies & Dave Trumbull
Employees50-200

Car Next Door Net Worth Timeline

Net Worth 2024Not available 
Net Worth 2023Not available 
Net Worth 2022Not available 
Net Worth 2021Not available 
Net worth valuation in 2016 after appearing on Shark Tank  $7.5 million
Net worth valuation in 2016 before appearing on Shark Tank  $7.5 million

Car Next Door Pitch on Shark Tank

ProductA peer-to-peer car rental system
EpisodeSeason 02 Episode 02
FoundersWill Davies & Dave Trumbull 
Asked for$300,000 for 4% of equity
Company nameCar Next Door
Final deal$300,000 for 4% of equity
SharkSteve Baxter
LocationNew South Wales

Don’t miss these products from Season 02

Car Next Door Founders

Will Davies & Dave Trumbull founded Car Next Door in 2012. Will holds a bachelor’s degree in Commerce from the University of Sydney. Will has years of experience working in the finance industry. Dave completed his bachelor’s degree in computing at the University of Sydney. He also holds a master’s degree in Business and Technology from the University of New South Wales. Dave has prior experience working as a Software Engineer. Car Next Door’s founders Will Davies & Dave Trumbull’s net worths are unknown as of 2024.

Key accomplishments

YearAccomplishment
2016Car Next Door was featured on Shark Tank and scared 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 Car Next Door and its continued success.

What do you think?

Written by GAG Team

Pentablock Net Worth 2024 Update (Before & After Shark Tank)

Bitzong Robotics Net Worth 2024 Update (Before & After Shark Tank)