ootBox Net Worth 2023 Update (Before & After Shark Tank)
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) |
| Profits | $450,000 |
| Lifetime sales | $3.7 million (2023) |
| Investor | Barbara Corcoran |
| Founder | Robbie Friedman and Allison Zofan |
| Employees | 2-10 employees |
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
| Company name | ootBox |
| 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 |
| Shark | Barbara Corcoran |
| Location | Columbus, Ohio |
Don’t miss these product from Season 13
ootBox Founders
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.
Key accomplishments
| Year | Accomplishment |
| 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 |
Conclusion
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.
