Subo, a non-squeeze food bottle, was started by Julie-Anne & Glen Mayer in 2012. As of January 2024, Subo net worth is $1 million and they’re pulling in a whopping $6.3 million in annual revenue.
In June 2018, they appeared on season 4 of Shark Tank Australia and made a deal with Steve Baxter, for $120,000 for 12%of equity. The final valuation was $1 million, same from the founder’s initial estimate of $1 million.
Yes, Subo Products is absolutely still in business! They’ve been growing steadily in recent years and continue to innovate with new products and reach global markets. Their website is regularly updated with fresh content and new product launches.
Subo Net Worth
| Net worth | $1 million (2023) |
| Annual Sales Revenue | $6.3 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Steve Baxter |
| Founder | Julie-Anne & Glen Mayer |
| Employees | Not publicly available |
Subo Net Worth Timeline
| Net Worth 2024 | $1 million |
| Net Worth 2023 | $1 million |
| Net worth valuation 2018 after appearing on Shark Tank | $1 million |
| Net worth valuation 2018 before appearing on Shark Tank | $1 million |
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 2024.
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.
