The Beebo, an over-the-shoulder baby bottle holder for easier feeding, was started by Martin Hill in 2005. As of November 2023, The Beebo net worth is $5 million. And they’re pulling in a whopping $22.07 million in annual revenue.
In October 2015, they appeared on season 7 of Shark Tank USA and made a deal with Lori Greiner and Ashton Kutcher, for $200,000 for 30% of equity. The final valuation was $666,666, down from the founder’s initial estimate of $1 million.
Beebo is still in business as of November 2023. Swabbies Tech. Inc. acquired Beboo in April 2020 for a price that was not disclosed. To know more details about their business, visit their official website.
The Beebo Net Worth
Net worth | $5 million (2023) |
Annual Sales Revenue | $22.07 million (2023) |
Profits | Not Publicly Available |
Lifetime sales | Not Publicly Available |
Investor | Lori Greiner and Ashton Kutcher |
Founder | Martin Hill |
Employees | Not Publicly Available |
The Beebo Net Worth Timeline
Net Worth 2023 | $5 million |
Net Worth 2022 | $5 million |
Net worth valuation 2015 after appearing on Shark Tank | $666,666 |
Net worth valuation 2015 before appearing on Shark Tank | $1 million |
The Beebo Pitch on Shark Tank
Company name | The Beebo |
Product | Over-the-shoulder baby bottle holder for easier feeding |
Episode | Season 7 Episode 2 |
Founder | Martin Hill |
Asked for | $200,000 for 20% Equity |
Final deal | $200,000 for 30% Equity |
Sharks | Lori Greiner and Ashton Kutcher |
Location | Loxahatchee, Florida |
Don’t miss these product from Season 07
The Beebo Founder
Martin Hill found Beebo in 2005. He is a serial entrepreneur who has founded several successful companies. Including social networking site Bebo and digital marketing agency Lastminute.com. The Beebo’s founder, Martin Hill, has a net worth of $3.8 million as of 2023.
Key accomplishments
Year | Accomplishment |
2015 | Appeared on Shark Tank season 7 and Lori Greiner and Ashton Kutcher invested $200,000 for 30% Equity |
2016 | Continued to grow sales and expand market share |
2019 | Launched new marketing campaigns focused on the nutritional value of Beebo products |
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 The Beebo and its continued success.