LavaBox Net Worth 2024 Update (Before & After Shark Tank)
LavaBox, Camp fire box, was started by Josh Thurmond in 2020. As of January 2024, LavaBox net worth is $2 million and they’re pulling in a whopping $1 million in annual revenue.
In March 2023, they appeared on season 14 of Shark Tank USA. And made a deal with Lori Greiner, for $200,000 for 12.5% of equity. The final valuation was $1.6 million, down from the founder’s initial estimate of $2 million.
LavaBox is still very much in business. In fact, they seem to be doing quite well since their appearance on Shark Tank in April 2023. To know about their business in detail, visit their official website.
LavaBox Net Worth
Net worth | $2 million (2023) |
Annual Sales Revenue | $1 million (2023) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | Josh Thurmond |
Founder | Lori Greiner |
Employees | Not publicly available |
LavaBox Net Worth Timeline
Net Worth 2024 | $2 million |
Net Worth 2022 | $2 million |
Net worth valuation 2023 after appearing on Shark Tank | $1.6 million |
Net worth valuation 2023 before appearing on Shark Tank | $2 million |
LavaBox Pitch on Shark Tank
Product | Camp fire box |
Episode | Season 14 Episode 18 |
Founder | Josh Thurmond |
Asked for | $200,000 For 10% Equity |
Company name | LavaBox |
Final deal | $200,000 for 12.5% Equity |
Shark | Lori Greiner |
Location | Denver, Colorado |
Don’t miss these product from Season 14
LavaBox Founder
LavaBox was founded by Josh Thurmond in 2020. Josh’s journey with LavaBox began on a camping trip, where a bulky fire pit sparked the idea for a more portable and user-friendly alternative. He combined his love for the outdoors with his knack for problem-solving to create the first iteration of the LavaBox. LavaBox’s founder, Josh Thurmond, has a net worth of $1.75 million as of 2024.
Key accomplishments
Year | Accomplishment |
2023 | Appeared on Shark Tank season 14 and Lori Greiner invested $200,000 for 12.5% Equity |
2023 | LavaBox launches a new line of propane-powered cooking utensils, showcasing their commitment to continuous improvement and catering to diverse outdoor needs. |
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 LavaBox and its continued success.