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Rent Like a Champion Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateRent-Like-a-Champion

Rent Like a Champion is a website that provides access to vacation home rentals to college sporting events. This was started by Drew Mitchell and Mike Doyle in 2006. As of September 2023, Rent Like a Champion’s net worth is $12.6 million. They’re pulling in a whopping $12.6 in annual revenue. 

In 2015, they appeared on Season 7 of Shark Tank USA and made a deal with Mark Cuban and Chris Sacca for $200,000 for 10% of equity. The final valuation was $2 million.

Rent Like a Champion is South Bend’s largest home rental platform. This platform makes it much easier for students to find Airbnb for college sports events. As of September 2023, Rent Like a Champion is still actively in business. Students can reserve their home rentals via the Rent Like a Champion website.

Rent Like a Champion Net Worth

Net worth$12.6 million (2023)
Annual Sales Revenue$12.6 million (2023)
Profits
Lifetime sales
InvestorsMark Cuban and Chris Sacca
FoundersDrew Mitchell and Mike Doyle
Employees15-20 employees

Rent Like a Champion Net Worth Timeline

Net Worth 2023$12.6 million
Net Worth 2022$12.6 million
Net Worth 2021$12.6 million
Net Worth 2020
Net worth valuation 2016 after appearing on Shark Tank  $2 million
Net worth valuation 2016 before appearing on Shark Tank  $2 million

Rent Like a Champion Pitch on Shark Tank

Company nameRent Like a Champion
ProductA website that provides access to vacation home rentals to college sporting events
EpisodeSeason 07 Episode 06
Founders Drew Mitchell and Mike Doyle
Asked for$200,000 for 10% Equity
Final deal$200,000 for 10% Equity
SharksMark Cuban and Chris Sacca
LocationSouth Bend, Indiana 

Don’t miss these product from Season 07

Rent Like a Champion Founders

Rent Like a Champion was founded by Drew Mitchell and Mike Doyle in 2006. Drew and Mike met each other at Notre Dame University. They started their business idea by renting their vacant flat for Notre Dame football games. At present, they maintain quite a reputation as Real Estate Developers. Rent Like a Champion’s founders, Drew Mitchell and Mike Doyle, have a net worth of $11.4 million as of 2023.

Key accomplishments:

YearAccomplishment
2015Appearing on Shark Tank Season 7/ Making a deal with Mark Cuban and Chris Sacca
2021By 2021, Rent Like a Champion had 3,000 homes in over 27 college towns 

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, Rent Like a Champion has proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Rent Like a Champion and its continued success.

What do you think?

Written by GAG Team

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