The Coop is a party-planning service for kids and adults. This was started by Lucinda Lent and Juliet Boydstun in 2008. As of October 2023, The Coop’s net worth is $5 million. They’re pulling in a whopping $3.4 million in annual revenue.
In 2012, they appeared on Season 4 of Shark Tank USA. They made a deal with Barbara Corcoran for $150,000 for 15% of equity. The final valuation was $1 million, the same as the founder’s initial estimate.
If you are looking for a party space with all amenities, either for kids or adults, The Coop is an ideal place. The Coop has been in business since 2008 and gained popularity after the Shark Tank pitch. As of October 2023, The Coop is still in business and available in seven venues. You can head to their website to plan your party.
The Coop Net Worth
| Net worth | $5 million (2023) |
| Annual Sales Revenue | $3.4 million (2023) |
| Profits | $100,000 |
| Lifetime sales | – |
| Investor | Barbara Corcoran |
| Founders | Lucinda Lent and Juliet Boydstun |
| Employees | – |
The Coop Net Worth Timeline
| Net Worth 2023 | $5 million |
| Net Worth 2022 | $5 million |
| Net Worth 2021 | – |
| Net Worth 2020 | – |
| Net worth valuation in 2012 after appearing on Shark Tank | $1 million |
| Net worth valuation in 2012 before appearing on Shark Tank | $1 million (business valuation) |
The Coop Pitch on Shark Tank
| Company name | The Coop |
| Product | A party-planning service for kids and adults |
| Episode | Season 04 Episode 11 |
| Founders | Lucinda Lent and Juliet Boydstun |
| Asked for | $150,000 for 15% equity |
| Final deal | $150,000 for 15% equity |
| Shark | Barbara Corcoran |
| Location | Los Angeles, California |
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The Coop Founders
Lucinda Lent and Juliet Boydstun founded The Coop in 2008. Lucinda and Juliet are friends and business partners. They are successfully running their businesses thanks to their excellent entrepreneurial skills. Their motive behind The Coop is to create all-inclusive, stress-free, and joyful party venues. The Coop’s founders Juliet Boydstun have a net worth of 4.7 Million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2012 | The Coop got featured on Shark Tank season 4 and secured a deal |
| 2016 | The Coop began franchising with other partners which allowed them to open new locations |
| 2023 | Currently, The Coop is established in seven locations |
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 Coop and its continued success.
