“Vabroom Broom” got featured on Shark Tank America in November 2021. It has a net worth of around 5 Million USD as of 2023. VaBroom is a cordless broom with a built-in vacuum feature. Since appearing on Shark Tank, the company has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 5 Million USD.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
Vabroom Broom’s Net worth before appearing on Shark Tank | $14 Million USD (business valuation) |
Vabroom Broom’s Current Net worth (2023) | 5 Million USD |
Episode | Season 12 Episode 22 |
Company name | Vabroom Broom |
Product | 2-in-1 Sweeper with Built-in Vacuum |
Founder | Joseph Caswell |
Asked for | $350,000 For 2.5% Equity |
Final deal | $350K for a royalty of $3 per unit until $700k is paid 2.5% of the design firm |
Shark | Kevin O’Leary |
Business status | In Business |
Location | Champlin, Minnesota, United States |
Vabroom Broom’s founder is Joseph Caswell but in Shark Tank Vabroom Broom was presented by company CEO Trevor Lambert and logistics John Vadnais.
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 Vabroom Broom and its continued success.