Urbio Net Worth Shark Tank Update 2025

Many people live in small apartments or houses. They often want to have gardens. But space is limited. This makes it hard to grow plants. 

Beau Oyler and Jared Aller saw this problem. They created a solution called Urbio. Urbio is a vertical garden system. It uses magnets. You can attach it to any wall. This helps people grow plants indoors, even in small spaces. 

Beau and Jared took Urbio to the TV show Shark Tank. They hoped to get money to grow their business. They asked for $300,000 in exchange for 12% of their company. Did the entrepreneurs get a deal on Shark Tank? Check out our Urbio update to find out!

Urbio Net Worth Shark Tank Update 2025

Beau Oyler and Jared Aller went on Shark Tank asking for $300,000 for 12% of their company. This meant they thought their business was worth $2,500,000. They made a deal with Lori Greiner for $300,000 for 15%, lowering the valuation to $2,000,000. The episode was aired on January 25, 2013. The company was later acquired by Honey-Can-Do and continues as a rebranded line of wall organizers. The acquisition value was estimated at around $3–4 million.

After appearing on Shark Tank, Urbio’s products began selling in stores across the country. Beau and Jared worked on new products to expand their offerings. In 2015, they introduced “Perch,” a similar gardening container product that’s more affordable and uses 3M Command™ Strip technology for damage-free installation. 

That same year, Urbio acquired the Sabi Space line of bathroom storage products. In 2016, a company called Honey-Can-Do International purchased Urbio and its lines of products, which it now sells under the brand name Perch.  As of today, Perch products are still available for purchase.

Yes, Urbio got a deal on Shark Tank. Beau and Jared asked for $300,000 in exchange for 12% of their company. After some discussion, Lori Greiner offered them $300,000 for 15% equity. Beau and Jared accepted Lori’s offer.

Shark(s) name	Lori Greiner	Counteroffer	Accepted?
Lori Griener	1# $300,000 for 20% equity 2# $300,000 for 15% equity	N/A	Yes
Robert Herjavec	1# $400,000 for 20% equity 2# $400,000 for 17.5% equity	N/A	No
Kevin O’Leary	$300,000 for 20% equity	N/A	No
Daymond John	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Urbio Shark Tank pitch

Beau Oyler and Jared Aller are designers. They noticed that many people in cities want to grow plants. But they don’t have enough space. This inspired them to create Urbio. They wanted to help people have gardens indoors, even in small apartments. In the early stages, they faced challenges. They needed money to make their product. They also had to find ways to let people know about Urbio. But they believed in their idea and kept working hard.

Beau and Jared went on Shark Tank to present Urbio. They showed how their vertical garden system works. They explained that Urbio uses magnets to attach to walls. This makes it easy to set up and move. They also talked about their sales. In four months, they made $125,000. Most of these sales were online. They wanted $300,000 from the Sharks. In return, they offered 12% of their company.

They planned to use the money to make more products and get bigger orders. Keep reading our Urbio update to see what happens next!

The Sharks had many questions about Urbio. 

Kevin O’Leary asked about their sales numbers. Beau and Jared said they made $125,000 in four months. 

Robert Herjavec wanted to know the cost of making Urbio and its selling price. They explained it costs about $3.50 to make each unit. They sell them for $15 to $35, depending on the size. 

Robert also asked what they would do with the $300,000. Beau and Jared said they would use it to make more products and fill bigger orders. They also said they would not take a salary from this money.

Mark Cuban spoke first. He said that Beau and Jared had already talked to him about investing before the show. Because of this, he felt it was not right to join the deal and stepped out. 

Kevin O’Leary made an offer. He said he would give $300,000 for 20% of the company. He also said Beau and Jared could not take a salary from this money. 

Robert Herjavec offered $400,000 for 20%. He wanted them to use $100,000 of this to hire a full-time manager. 

Daymond John said the other offers were good, so he did not make one. 

Lori Greiner offered $300,000 for 20%. Beau and Jared then showed a $150,000 order from The Container Store.

 After seeing this, Lori changed her offer to $300,000 for 15%. 

Robert also changed his offer to $300,000 for 17.5%. Beau and Jared accepted Lori’s offer.

Product Availability

As of today, Urbio products are no longer sold under their original name. However, the concept lives on through Perch, which is available in stores and online. You can find Perch products at major retailers such as Amazon, The Container Store, Target, and Wayfair.

These products still use the same smart wall-mounting system that made Urbio popular. Customers can purchase different storage containers and wall organizers for home and office use.

Conclusion

Urbio started as a simple idea, helping people grow plants in small spaces. The founders, Beau Oyler and Jared Aller designed a smart and stylish wall-mounted gardening system. Their appearance on Shark Tank helped them get funding and exposure. They secured a deal with Lori Greiner, which helped the company expand.

After the show, Urbio grew into a successful brand. It even introduced new products like Perch, making wall storage even more accessible. In 2016, Urbio was acquired by Honey-Can-Do International, ensuring its products continued to be sold under the Perch brand.

Though Urbio as a brand no longer exists, its innovative design is still available today. Customers can buy Perch products at major retailers, proving that the idea of stylish and functional vertical storage is still in demand.