Swimply Net Worth 2023; Shark Tank, Founder, Income & Revenue
What is Swimply?
Swimply is an hourly pool rental marketplace that allows hosts to hire out their pools to users. It allows non-pool owners to afford the luxury of a swimming pool while pool owners earn a lot of income from their underutilized pools. That allows users to rent private swimming pools online. Individuals and groups can rent swimming pools from homeowners on an hourly basis. In 2023, Swimply net worth is around $30 Million.
Currently, Swimply operates in the United States, Canada, and Australia. Swimply is a new pool rental app that allows users to conveniently find and rent pools near them. The app is easy to use and has a wide range of pools available, from public facilities to private pools. Swimply also offers discounted rates for members of the swim club or gym that the pool belongs to.
|Type of site:||Private|
|Based in:||United States, Australia, Canada|
|Launched Date:||June 2018|
|Swimply Net Worth 2023:||$30 Million|
It consists of $1,000,000 coverage for hosts in the united states. People who don’t have pools can enjoy a pool at an affordable price when using Swimply, while those who do have pools can earn revenue from their underused pools.
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Renters and landlords can currently access the service in Australia, Canada, and the United States, with prices starting at $20 / hour and increasing to $275 / hour. The pool can also be classified as a “Family Friendly” Pool or a “Party Friendly” Pool.
Launching in June 2018, they quickly gained a following with over 30 pools and 400 reservations. With their easy-to-use interface and wide range of swimwear, they quickly became a go-to choice for swimming enthusiasts. Swimply an American swimwear company has just expanded its operations to Australia in November 2019.
The idea was first conceived by Bunim Laskin when he was 20 years old, observing a neighbor’s new pool. By renting their pool, he helped pay for pool maintenance.
After realizing business opportunities, in the summer of 2018, Bunim launched Swimply. He began searching for nearby swimming pools using Google Earth satellite imagery. Its total pre-seed funding was over $1 million as soon as the company launched. As soon as Swimply went live, it quickly had more than 30 pools and 400 reservations, and Laskin soon appeared on MSNBC.
He dropped out of college later this year to focus on his business. Swimply entered the Australian market in November 2019. Bunim Laskin, a serial entrepreneur, and Shark Tank alumnus, appeared on a March 13, 2020, episode of Shark Tank pitching an investment opportunity. The opportunity involved starting a company that would use blockchain technology to manage business contracts.
Laskin’s company had raised $500,000 from investors in recent months, but there was still more work to be done. To make the presentation even more persuasive, he showed off his company’s prototype product.
Laskin’s team had been working on the project for over two years and it was finally ready for launch. They demonstrated how the blockchain system could help them keep track of which agreements were being made and who was responsible for each step of the contract negotiation process. The investors were intrigued and they agreed to invest $10 million into the startup.
Swimply Shark Tank Appearance
During Season 11 of Shark Tank, Bunim set Swimply up to find an investor who would help him reach his $239 million forecasts. They have not found a shark deal, but they have spread to several cities and are looking for investors.
Funding and Revenue
In the early days of funding, Laskin raised $30,000 from friends and relatives and $1,200,000 from venture capitalists. In 2020, the company’s revenue grew by 4,000%, despite a failed round of funding due to COVID-19 epidemics.
Norwest Venture Partners led the $10 million Series A round in 2021 for Simply. Deborah Leo, CEO of Ancestry.com, and Manish Chandra, CEO of Poshmark, also participated in the round. The bus receives a 15% commission on the rental fee and another 10% from its guests. Rents range from $20 to $150 per hour.
Liability Insurance Policy
It just offers hosts in the US $1,000,000 liability insurance and $10,000 property insurance. Swimming pool owners need to inspect their ponds regularly, including chlorine levels and tile inspections.
Social Media Links
Bunim Laskin loves to share his pictures and videos on Twitter, Instagram, and Facebook. He continuously shares his activities on social platforms to engage his fans. He is a celebrity and is widely followed on social media sites. Swimply net worth in 2023 is $30 Million.
Swimply Net worth 2023 / Swimply’s Salary / Income
In 2023, Swimply net worth is estimated to be around $30 Million. Now, Swimply operates in the US, Australia, and Canada with 70 full-time employees. Swimply makes an estimated 10 million annually, and the company is worth $30 million.
Frequently Asked Questions
How much did Swimply make?
Swimply, a swim training app launched in 2018 by CEO and co-founder Bunim Laskin, is attracting attention from venture capitalists as it nears its first anniversary. The app has already earned $1 million in revenue and is projected to generate $10 million in 2020, according to Laskin. Swimply’s hosts have the potential to make big bucks, according to Laskin, who estimates that the average host makes $150 per day.
How long has Swimply been around?
Swimply is a company that likes to call itself Airbnb for swimming pools. It allows people to find and book pools all over the world. The company was founded in 2018 and has already expanded to over 20 countries. The company says it has over 20,000 pools available on its platform across all 50 states, Australia and Canada, making it one of the largest resources for pool-goers.
Swimply provides users with a comprehensive search engine to find pools near them. Pool owners can post their pools’ availability for both private use and public use. Patrons can then filter by location and type of pool (indoor or outdoor), and select the date range they are interested in. Swimming pools are also listed by type (private or public), size (small, medium, or large), amenities (fountains, slides, water playgrounds), and price.
How do you get paid on Swimply?
Swimply is a new online booking platform that connects hosts with guests through Stripe. With Swimply, there’s no need to sign up for an account or create a profile. Instead, all you need is a Stripe account and an internet connection. Swimming pools can now easily accept bookings through Swimply by connecting their pool’s Stripe account. This way, guests can easily make reservations and pay for swimming sessions without ever having to leave the comfort of their homes. Swimming with friends has never been so easy!
How many Downloads does Swimply have?
Swimply, a new app that helps people find swimming pools near them, launched 13 months after its predecessor. The app has already received 200,000 downloads and 6,000 pool listings. Founder Janelle Weinbrenner attributes the recent success to the app’s focus on simplicity and user-friendliness.
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