Swimply Net Worth – 20-Year-Old Startup

Founded by 20-year-old Bunim Laskin, Swimply is an online marketplace that connects homeowners with people who want to rent a swimming pool. It was created to make the process easier. It also provides a means for pool owners to earn extra income by leasing out their pools. The company has received various funding. The Swimply app is available for download in both the US and Australia. The Swimply app has accumulated over 250,000 downloads, and has generated a 4.3-star rating based on over 3000 reviews.

Swimply first appeared on Shark Tank on March 13, 2020. Its founder, Bunim Laskin, pitched the idea of an online marketplace for renting private swimming pools. Laskin’s idea caught the attention of investors and was a roaring success. His company raised over $500,000 in recent months. But before that, Laskin and his team had worked for two years on the project. They showed off a prototype.

The online marketplace is an industry that’s growing at a rapid pace. One of the most successful examples of a successful Marketplace is Airbnb. The company is valued at $30 million. It has a number of investors, including Instacart’s CEO Fidji Simo and GGV Capital’s Robin Li. Other investors include Norwest and Trust Ventures.

As of March 2020, the Swimply app has more than 15,000 to 20,000 reservations per month. It offers a variety of options, including hot tubs, music studios, and large backyards. The company takes 15% of the commission when a reservation is made. Swimply also offers $10,000 property insurance.

The company’s founder, Bunim Laskin, was born in Israel. He lived in Israel until he was 15. He moved to Lakewood, New Jersey, and attended Talmudic College of Florida. He had 11 siblings. He felt as though he had little to do outside of his house, and was missing out on the outdoors. The idea for Swimply came to him after he negotiated a deal with his neighbor. The neighbor allowed him to use his swimming pool. He agreed to pay 25% of the maintenance cost. The neighbor then started generating profit from this deal, and made similar agreements with other children in the neighborhood.

Laskin dropped out of college in order to focus on his business. His business plan also included a partnership with a pool maintenance company. He raised $960,000, including $30,000 from his bar-mitzvah money. He projected that the company would break even in the next year. But the company was still in need of more work.

The company is valued at $30 million, and Swimply has received funding from a number of investors. Instacart’s CEO Fidji Simo joined the funding round. Others include Airbnb co-founder Nate Blecharczyk, Rob Chestnut, and Casey Winters. A majority of Swimply’s funding came from Mayfield Ventures and GGV Capital.

It’s no secret that the company has done well since its appearance on Shark Tank. Swimply has increased sales by over 4000%. The company has sold in 125 markets in the U.S. and is slated to expand to Australia in November of 2019.