Sworkit, A Free personal trainer app, was started by Ben Young and Greg Coleman in 2012. As of November 2023, Sworkit’s net worth is $18.75 Million and they’re pulling in a whopping $60 million in annual revenue.
On February 19, 2016, they appeared on Season 7 of Shark Tank USA and made a deal with Mark Cuban, for $1.5 million for 10% equity. The final valuation was $15 Million, down from the founder’s initial estimate of $18.75 Million.
Sworkit is still in business and the app has over 30 million downloads and become very popular in the fitness industry. Their app is available on the website, Google, App Store, and App Store.
Sworkit Net Worth
| Net worth | $18.75 Million (Business Valuation) |
| Annual Sales Revenue | $60 million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | Mark Cuban |
| Founders | David Meniane and Deborah Meniane |
| Employees | 11 to 50 |
Sworkit Net Worth Timeline
| Net Worth 2023 | $18.75 Million |
| Net Worth 2022 | $17 Million |
| Net Worth 2021 | $15 Million |
| Net Worth 2020 | $12 Million |
| Net worth valuation in 2016 after appearing on Shark Tank | $15 Million |
| Net worth valuation in 2016 before appearing on Shark Tank | $18.75 Million |
Sworkit Pitch on Shark Tank
| Company name | Sworkit |
| Product | Free personal trainer app |
| Episode | Season 07 Episode 18 |
| Founders | Ben Young and Greg Coleman |
| Asked for | $1.5 million for 8% equity |
| Final deal | $1.5 million for 10% equity |
| Shark | Mark Cuban |
| Location | USA |
Don’t miss these products from Season 7
Sworkit Founders
Sworkit was founded by Ben Young and Greg Coleman in 2012. The founders have worked hard to make this app a popular fitness app. They are very passionate about fitness and health. Sworkit’s founders, Ben Young and Greg Coleman have a net worth of USD 3 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | The Sworkit app is recognized as the #1 fitness app by the American College of Sports. |
| 2016 | The Sworkit app appeared on Shark Tank |
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 Sworkit and its continued success.
