Simply Fit Board, Core targeting exercise device, was started by Linda Clark and Gloria Hoffman in 2013. As of November 2023, Simply Fit Board net worth is $15 Million. And they’re pulling in a whopping $160 million in annual revenue.
In November 2015, they appeared on season 7 of Shark Tank USA. And made a deal with Lori Greiner, for $125,000 for 20% of equity. The final valuation was $625,000, down from the founder’s initial estimate of $833,333.
The Simply Fit Board is still functioning in 2023. Up to 400 pounds can be supported by the Simply Fit Board, a balancing board with an anti-slip surface. Visit their Amazon products for more details.
Simply Fit Board Net Worth
|Net worth||$15 million (2023)|
|Annual Sales Revenue||$160 million (2023)|
|Profits||Not Publicly Available|
|Lifetime sales||Not Publicly Available|
|Investor||Linda Clark and Gloria Hoffman|
|Employees||Not Publicly Available|
Simply Fit Board Net Worth Timeline
|Net Worth 2023||$15 million|
|Net Worth 2022||$14.6 million|
|Net worth valuation 2015 after appearing on Shark Tank||$625,000|
|Net worth valuation 2015 before appearing on Shark Tank||$833,333|
Simply Fit Board Pitch on Shark Tank
|Company name||Simply Fit Board|
|Product||Core targeting exercise device|
|Episode||Season 7 Episode 7|
|Founders||Linda Clark and Gloria Hoffman|
|Asked for||$125,000 for 15% Equity|
|Final deal||$125,000 for 20% Equity|
Don’t miss these product from Season 07
Simply Fit Board Founders
Linda Clark and Gloria Hoffman found Simply Fit Board in 2013. Linda Clark is an American entrepreneur and inventor. Simply Fit Board’s founders, Linda Clark and Gloria Hoffman, have a net worth of $128 million as of 2023.
|2015||Appeared on Shark Tank season 07|
|2018||Gained popularity, becoming a popular choice for busy people who wanted to get fit in minutes a day.|
|2019||The company was featured in several major publications, including Forbes and Entrepreneur.|
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 Simply Fit Board and its continued success.