ootBox, is a portable private office space invented by Robbie Friedman and Allison Zofan in 2016. As of September 2023, ootBox net worth is $9 million. The company is pulling in a whopping $2 million in annual revenue.
In 2021, they appeared on Season 13 of Shark Tank USA and made a deal with Barbara Corcoran, for $300,000 for 10% of equity. The final valuation was $300,000, down from the founder’s initial estimate of $600,000.
As of September 2023, ootBox is still thriving as a successful business. ootBox provides you with customized, portable, and affordable private workspaces. You can head to the ootBox website to buy, rent, or lease your own workspace.
ootBox Net Worth
|Net worth||$10 million (2023)|
|Annual Sales Revenue||$3 million (2023)|
|Lifetime sales||$3.7 million (2023)|
|Founder||Robbie Friedman and Allison Zofan|
ootBox Net Worth Timeline
|Net Worth 2023||$9 million|
|Net Worth 2022||$5 million|
|Net Worth 2021||$3 million|
|Net Worth 2020||$1 million|
|Net worth valuation 2021 after appearing on Shark Tank||$3 million|
|Net worth valuation 2021 before appearing on Shark Tank||$6 million|
ootBox Pitch on Shark Tank
|Product||private office space|
|Episode||Season 13 Episode 16|
|Founders||Robbie Friedman and Allison Zofan|
|Asked for||$300,000 for 5% Equity|
|Final deal||$300,000 for 10% Equity|
Don’t miss these product from Season 13
Robbie Friedman and Allison Zofan founded ootBox in 2016. Robbie started his career life as a journalist, and Allison was a pricing analyst for US Airways. They are also successful entrepreneurs. ootBox’s founders, Robbie Friedman and Allison Zofan, have a net worth of $9 million as of 2023.
|2021||Appearing on the Shark Tank Season 13/ Making a Deal with Barbara Corcoran|
|2023||ootBox currently has a net worth of $10 million, which was evaluated as $3 million after the SharkTank pitch|
From their beginnings on Shark Tank to their current status as a thriving business, ootBox have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for ootBox and its continued success.