SwimZip Net Worth Shark Tank Update 2025

SwimZip was founded by Betsy Johnson and Berry Wanless. They created swimwear for children. They aimed to shield kids from the sun. Betsy was diagnosed with skin cancer at the age of 26. This motivated her. She aimed to protect children from UV rays. SwimZip swimwear protects against 98% of UV radiation. It boasts a UPF 50+ rating. The outfits are simple to put on. They feature zippers for children to put on and remove. Betsy and Berry appeared on Shark Tank.

They requested $60,000. They proposed a 5% share. Betsy revealed their story. She described how SwimZip could protect children from skin harm. Their sales were increasing rapidly. They commenced with $18,000 in revenue. The following year, they earned $225,000. They marketed their suits through online platforms and retail locations. Will the entrepreneur get a deal on Shark Tank? Check out the SwimZip update to find out!  

SwimZip Net Worth Shark Tank Update 2025

Betsy Johnson and Barry Johnson went on Shark Tank asking for $60,000 for 5% of their company. This meant they thought their business was worth $1,200,000. They made a deal with Lori Greiner for $60,000 for 20%, lowering the valuation to $300,000. The episode was aired on January 24, 2014. The UV-protective swimwear company remains active and continues to grow online. Using the default 10% yearly growth method, the current net worth of SwimZip is estimated to be around $3–4 million in 2025.

SwimZip is still in business. Betsy and Berry expanded their product line. Now they sell more than swimwear. SwimZip products are on Amazon. They are also on their website. They offer suits for adults too. SwimZip’s net worth is now around $5 million. Lori Greiner helped their business grow. SwimZip gained more customers. Many parents love their products. The company is doing well in 2024. SwimZip’s mission to protect kids continues.

Yes SwimZip got a deal. Lori Greiner invested in the company. Betsy and Berry asked for $60,000 for 5% equity. Lori countered with $60,000 for 20%. At first, Berry disagreed. He thought 20% was too much. Betsy wanted to accept the offer.

She even tried to change it to $120,000 for 20%. Lori did not like the counteroffer. She told them they needed her help. After some talk, Betsy and Berry accepted Lori’s original offer. Lori’s investment helped SwimZip grow.

Shark(s) Name	Offer & Demand	Counter Offer	Accepted?
Lori Greiner	$60,000 for 20% equity	$120,000 for 20% equity	Yes to the original offer
Daymond John	Out	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Robert Herjavec	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

SwimZip Shark Tank pitch

Betsy Johnson was diagnosed with skin cancer at the age of 26. This frightened her. She aimed to stop others from experiencing this. Betsy adored children. She considered creating swimwear for them. The suits would shield children from the sun. Betsy’s sibling Berry Wanless joined her. They launched SwimZip as a team. The suits were designed by Betsy. Berry focused on the commercial aspect. They were on a mission.

Their goal was to protect children from dangerous UV rays. At first, it was challenging. Betsy and Berry possessed a small amount of money. They put in extended hours. Betsy desired the suits to be flawless. She experimented with numerous textiles. She ensured that the suits prevented 98% of UV rays. Berry concentrated on marketing the suits. Initially, they encountered rejection.

Certain retailers were reluctant to stock their products. However, Betsy and Berry continued. They had faith in their concept. Before long, they began to sell online. Parents adored their suits. SwimZip gradually expanded.        

Betsy and Berry presented SwimZip on Shark Tank. They felt thrilled yet anxious. They presented their product to the Sharks. Betsy shared her experience with skin cancer. She mentioned it motivated her to create UV-blocking swimwear.

She demonstrated how SwimZip stood out. The suits featured zippers. This allowed kids to easily put them on and take them off. Betsy described their sales. In a single year, they earned $225,000. They requested $60,000. They proposed a 5% stake. 

The Sharks posed numerous inquiries. Kevin O’Leary disapproved of their valuation. He believed it was too elevated. He stepped outside. Daymond John also stepped out. Mark Cuban stated that it was premature for him. He also went out. Robert Herjavec mentioned that they ought to take pride in their business.

However, he also went outside. Lori Greiner remained the sole Shark. She extended a proposal. She proposed $60,000 in exchange for 20% equity. Betsy and Berry contemplated it. Following some discussions they agreed to Lori’s proposal.         

The Sharks had numerous inquiries. They were curious about what made SwimZip unique. Betsy clarified the UPF 50+ classification. She stated that the suits obstructed 98% of UV rays. She displayed the zippers. She mentioned that they designed the suits to be simple for kids to put on. Mark Cuban inquired about sales. Betsy mentioned they earned $225,000 in a single year. Kevin O’Leary inquired about expenses.

Betsy mentioned that the suits were made for $5-$7. They were sold for $15 at wholesale. Daymond John inquired about rivals. Betsy mentioned that SwimZip was unique. The other suits lacked zippers. SwimZip was designed for children. 

The Sharks additionally discussed their assessment. Kevin O’Leary stated that $1.2 million was excessive. Lori Greiner inquired about their intentions. Betsy mentioned they aimed to grow. Robert Herjavec mentioned that they possessed a great product. However, he believed it was premature to invest. Daymond John concurred. He mentioned that SwimZip required additional time to develop. Mark Cuban expressed the same sentiment. Lori Greiner was the only one who expressed interest.           

The Sharks had mixed responses. Kevin O’Leary was out. He thought the valuation was too high. Daymond John was out too. He said the business needed more time. Mark Cuban and Robert Herjavec also went out. They liked the product. But they thought it was too soon to invest. Lori Greiner was the last Shark. She liked SwimZip. She thought it had potential. She made an offer. She offered $60,000 for 20% equity.

Betsy and Berry talked about the offer. Berry thought 20% was too much. Betsy wanted to accept. She asked Lori to double the investment. Lori said no. She told them they needed her help. Betsy and Berry agreed. They accepted Lori’s original offer. Lori’s deal helped SwimZip grow.          

What Went Wrong With SwimZip On Shark Tank?

Some Sharks did not accept the offer. Kevin O’Leary thought the valuation was too high. He did not want to invest. Daymond John agreed. He said the business needed more time. Mark Cuban said it was too early for him. Robert Herjavec liked the product. But he also thought it was too soon. The Sharks had concerns. They wanted to see more growth. They thought SwimZip was not ready for big investments. Only Lori Greiner was interested.  

Product Availability

SwimZip offers many products. Their suits have a UPF 50+ rating. This blocks 98% of UV rays. They are safe and stylish. The suits have zippers. This makes them easy for kids to wear. SwimZip also sells hats and cover-ups. They offer swimwear for adults too. Their products are high quality. They are made to last. SwimZip products are available online. Customers can buy them on Amazon. They are also on the SwimZip website.

Some hotel boutiques sell SwimZip. The prices are affordable. They start at $15. Customers can choose from many styles. SwimZip is popular with parents. The company keeps growing. They add new products every year.

Conclusion

SwimZip had an exciting journey on Shark Tank. Betsy and Berry shared their story. They showed how SwimZip could protect kids. Lori Greiner saw potential in their product. She made a deal with them. SwimZip grew after Shark Tank. The company is still in business today.