Freeloader Net Worth 2023 Update (Before & After Shark Tank)

Freeloader-Shark-Tank-US-Net-worth-Update

Freeloader, Child carriers and special purpose backpacks for hiking, travel, and special needs, was started by Erick Jansen and Nathan Jones in May 2000. As of October 2023, Freeloader net worth is $3 million. And they’re pulling in a whopping $5 million in annual revenue. 

In October 2013, they appeared on season 5 of Shark Tank USA. And made a deal with Robert Herjavec, for $200,000 for 33% of equity. The final valuation was $606,600, down from the founder’s initial estimate of $1.3 million.

Freeloader is still in business as of today, November, 2023. The product was made in the United States and was designed to be lightweight, comfortable, and easy to use. Visit their official website and Amazon Store for more details. 

Freeloader Net Worth

Net worth$3 million (2023)
Annual Sales Revenue$5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorRobert Herjavec
FounderErick Jansen and Nathan Jones
EmployeesNot publicly available

Freeloader Net Worth Timeline

Net Worth 2023$3 million
Net Worth 2022$3 million
Net worth valuation 2013 after appearing on Shark Tank  $606,600
Net worth valuation 2013 before appearing on Shark Tank  $1.3 million

Freeloader Pitch on Shark Tank

Company nameFreeloader
ProductChild carriers and special purpose backpacks for hiking, travel, and special needs
EpisodeSeason 05 Episode 03
Founders Erick Jansen and Nathan Jones
Asked for$200,000 for 15% Equity
Final deal$200,000 for 33% Equity
SharkRobert Herjavec
LocationUSA

Don’t miss these product from Season 05

Freeloader Founders

Erick Jansen and Nathan Jones found Freeloader in 2000. The idea for the carrier came about while Jansen was traveling through Paris with his then 4-year-old daughter Sam.  Freeloader’s founders, Erick Jansen and Nathan Jones, have a net worth of $2 million as of 2023.

Key accomplishments

YearAccomplishment
2013Appeared on Shark Tank season 5 and Robert Herjavec invested $200,000 for 33% Equity 
2017Bought a soda for thirsty Wang Guang Ji

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 Freeloader and its continued success.