Urban Float Net Worth 2023 Update (Before & After Shark Tank)

Urban-Float-Shark-Tank-US-Net-worth-Update

Urban Float, spas and relaxation, was started by Joe Beaudry and Scott Swerland in March 2014. As of November 2023, Urban Float net worth is $3 million. And they’re pulling in a whopping $1 million in annual revenue. 

In March 2019, they appeared on season 10 of Shark Tank USA and made a deal with Matt Higgins, for $500,000 for 12.5%  of equity. The final valuation was $4 million, down from the founder’s initial estimate of $10 million.

Urban Float is still in business. It has seen some tremendous growth over the last couple of years and now has 15 locations across the United States. The company has plans to expand into other states in the future. To know about them in detail, visit their official website

Urban Float Net Worth

Net worth$3 million (2023)
Annual Sales Revenue$1 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorMatt Higgins
FoundersJoe Beaudry and Scott Swerland
EmployeesNot publicly available

Urban Float Net Worth Timeline

Net Worth 2023$3 million
Net Worth 2022$3 million
Net worth valuation 2019 after appearing on Shark Tank  $10 million
Net worth valuation 2019 before appearing on Shark Tank  $4 million

Urban Float Pitch on Shark Tank

Company nameUrban Float
ProductSpas and Relaxation
EpisodeSeason 10 Episode 16 
Founders Joe Beaudry and Scott Swerland
Asked for$500,000 for 5% equity
Final deal$500,000 for 12.5% equity
SharkMatt Higgins
LocationTacoma, and Vancouver

Don’t miss these product from Season 10

Urban Float Founders

Urban Float was founded by Joe Beaudry and Scott Swerland in 2014. They discovered floatation therapy but were disappointed with the limited and inconvenient locations. Urban Float’s founders, Joe Beaudry and Scott Swerland, have a net worth of $2.7 million as of 2023.

Key accomplishments

YearAccomplishment
2019Appeared on Shark Tank season 10 and Matt Higgins $500,000 for 12.5% equity
2020Reached 20 franchise locations across the United States and Canada
2023Continues to expand with new franchise locations planned

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 Urban Float and its continued success.

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