The Coop Net Worth 2023 Update (Before & After Shark Tank)

"The Coop" Net Worth 2023 Update

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
InvestorBarbara Corcoran
FoundersLucinda 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 nameThe Coop
ProductA party-planning service for kids and adults
EpisodeSeason 04 Episode 11
FoundersLucinda Lent and Juliet Boydstun
Asked for$150,000 for 15% equity
Final deal$150,000 for 15% equity
Shark Barbara Corcoran
LocationLos 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

YearAccomplishment
2012The Coop got featured on Shark Tank season 4 and secured a deal
2016The 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.