Julie-Anne and Glen Mayer created Subo in 2012 to make mealtime less messy for kids with their non-squeeze food bottle. The company gained widespread attention on Shark Tank Australia in 2018, where Steve Baxter invested $120,000 for 12% equity, valuing Subo at $1 million.
Since then, Subo has expanded its product line and reached global markets. By 2025, the business had grown significantly, earning $6.3 million in annual revenue.
Subo continues to help families worldwide, offering innovative and practical solutions for feeding children while maintaining its reputation for quality and sustainability.
Subo Net Worth
Net worth | $1 million (2025) |
Annual Sales Revenue | $6.3 million |
Investor | Steve Baxter |
Founder | Julie-Anne & Glen Mayer |
Subo Pitch on Shark Tank
Product | Non-squeeze food bottle |
Episode | Season 04 Episode 05 |
Founders | Julie-Anne & Glen Mayer |
Asked for | $120,000 for 12% equity |
Company name | Subo |
Final deal | $120,000 for 12% equity |
Shark | Steve Baxter |
Location | Australia |
Don’t miss these product from Season 04
Subo Founders
Subo was founded by Julie-Anne & Glen Mayer in 2012. Subo’s founders, Julie-Anne & Glen Mayer, have a net worth of $1 million as of 2025.
Key accomplishments
Year | Accomplishment |
2018 | Appeared on Shark Tank season 04 and Steve Baxter invested $120,000 for 12% equity |
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 Subo and its continued success.