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) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Robert Herjavec |
| Founder | Erick Jansen and Nathan Jones |
| Employees | Not 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 name | Freeloader |
| Product | Child carriers and special purpose backpacks for hiking, travel, and special needs |
| Episode | Season 05 Episode 03 |
| Founders | Erick Jansen and Nathan Jones |
| Asked for | $200,000 for 15% Equity |
| Final deal | $200,000 for 33% Equity |
| Shark | Robert Herjavec |
| Location | USA |
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
| Year | Accomplishment |
| 2013 | Appeared on Shark Tank season 5 and Robert Herjavec invested $200,000 for 33% Equity |
| 2017 | Bought 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.
