Scrubba wash bag Net Worth 2024 Update (Before & After Shark Tank)
Scrubba wash bag, a portable washing machine, was started by Ash Newland in 2010. As of January 2024, Scrubba wash bag net worth is $20 million and they’re pulling in a whopping $3 million in annual revenue.
In September 2016, they appeared on season 1 of Shark Tank Australia. And made a deal with Steve and Janine, for $20,000 for 20% of equity. The final valuation was $100,000, down from the founder’s initial estimate of $2.225 million.
Scrubba Wash Bag is still very much in business. Scrubba Wash Bag has continued to expand its product line. Introducing new items like the Scrubba Laundry Base and the Scrubba Wash Mitt. They’ve also focused on increasing their sustainability efforts. They were using recycled materials in more of their products and partnering with environmental organizations. To get more details about their business, visit their official website.
Scrubba wash bag Net Worth
| Net worth | $20 million (2023) |
| Annual Sales Revenue | $3 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investors | Steve and Janine |
| Founder | Ash Newland |
| Employees | Not publicly available |
Scrubba wash bag Net Worth Timeline
| Net Worth 2024 | $20 million |
| Net Worth 2022 | $20 million |
| Net worth valuation 2016 after appearing on Shark Tank | $100,000 |
| Net worth valuation 2016 before appearing on Shark Tank | $2.225 million |
Scrubba wash bag Pitch on Shark Tank
| Product | A portable washing machine |
| Episode | Season 01 Episode 06 |
| Founders | Ash Newland |
| Asked for | $178000 for a 8% Equity |
| Company name | Scrubba wash bag |
| Final deal | $20,000 for 20% equity |
| Sharks | Steve and Janine |
| Location | Melbourne |
Don’t miss these product from Season 01
Scrubba wash bag Founder
Scrubba wash bag was founded by Ash Newland in 2010. Ash Newland, has a net worth of $20 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2016 | Appeared on Shark Tank season 1 and Steve and Janine invested $20,000 for 20% equity |
| 2017 | Scrubba Wash Bag launched its first Kickstarter campaign and raised over $1 million from backers. The product was quickly picked up by major retailers such as REI and MEC. |
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 Scrubba wash bag and its continued success.
