Eco Flower, a eco-friendly flower, was started by Meagan Bowman in 2013. Eco Flower net worth was $2 million in 2016 based on the Shark Tank deal.
In November 2016 they appeared on Season 08 of Shark Tank USA and made a deal with Daymond John, $400,000 for 20% equity.
In 2018, Eco Flowers closed its doors. Meagan, the founder, went on to launch a new venture called Sola Wood Flowers, which is thriving as of 2021.
Eco Flower Net Worth
| Net worth | $2 million (When appeared on Shark Tank) |
| Annual Sales Revenue | Not Disclosed |
| Profits | Not Disclosed |
| Lifetime sales | $2.8 million (When 1.5 year after start the company) |
| Investor | Daymond John |
| Founder | Meagan Bowman |
| Employees | 120 employees (According to PitchBook) |
Eco Flower Net Worth Timeline
| Net Worth 2023 | Out Of Business |
| Net worth valuation 2016 after appearing on Shark Tank | $2 million |
| Net worth valuation 2016 before appearing on Shark Tank | $4 million |
Eco Flower Pitch on Shark Tank
| Company name | Eco Flower |
| Product | Scented flowers made out of recyclable materials |
| Episode | Season 08 Episode 07 |
| Founder | Meagan Bowman |
| Asked for | $400,000 for 10% equity |
| Final deal | $400,000 for 20% equity |
| Shark | Daymond John |
| Location | Ogden, Utah, USA |
Don’t miss these product from Season 08
Eco Flower Founder
Eco Flower was founded by Meagan Bowman in 2013. She initially launched the business from her home and later brought in a business partner named Alex Ledoux. As time passed, more partners joined. The plan was for a silent partnership with a local investment firm called JW Capital. However, things didn’t go as expected, and she believes their involvement led to the downfall of Eco Flower. Eco Flower’s founder, Meagan Bowman, has a net worth unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2016 | The company appeared on Shark Tank Season 08 and got the deal from Daymond John |
| 2015 | Within only 1.5 years, her website generated an impressive $2.8 million in sales |
| 2018 | When the company shut down, it earned lifetime sales of $7.2 million |
Conclusion
Some companies that appear on the show have not achieved great success, and the Eco Flower was one of them. Sometimes businesses don’t succeed because of 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, Eco Flower went out of business in April 2018. And the product is no longer available in the market.
