All33 BackStrong Chair Shark Tank Net Worth 2023
All33 Chair appeared on Shark Tank Season 12 Episode 9 and asked the Sharks for a $20 million valuation of $500,000 for 2.5% equity.
Despite being impressed by the chairs, the sharks weren’t too impressed with All33’s $20 million valuation.
The company had managed to amass $3.2 sales year to date at the time of the pitch and planned to end the year at $5.5 million and turn a profit. Bing Howenstein is the CEO of All33 Chair, which has a net worth of $5.5 million as of 2022.
All33 Chair is an ergonomic office chair that allows users to move all 33 vertebrae while they sit. Lumbar support, spinal health, and back strength are all provided by the chair.
Even though All33 didn’t secure an investment from the Sharks, it is still in operations and claims to have enjoyed record sales since filming. They will achieve $4 million in yearly revenue by July 2021.
What is All33 BackStrong Chair? Who Founded All33 BackStrong Chair?
All33 is an ergonomic office chair that allows them to move all 33 of their vertebrae while they sit. Lumbar support, spinal health, and back strength are all provided by the chair.
All33, which is available in vegan leather or fabric, makes you feel more energized and productive. Dr. Dennis Colonello and Jim Grove founded All33.
The chair, on the other hand, was presented on Shark Tank by CEO Bing Howenstein.
Howenstein is a seasoned businessman with a background in film and television.
Howenstein was President of George Street Pictures, a Warner Bros. production company, from 1995 to 2003.
Following that, Howenstein founded several start-ups’, including BacJjoy Orthotics and Bonfire Enterprises.
Dr. Dennis Colonello is a world-renowned chiropractor with over 35 years of experience, who also serves as the Los Angeles Clippers’ team chiropractor.
He co-founded the company with Jim Grove, who helped design office chairs that have sold for more than $500 million.
All33 BackStrong Chair Shark Tank Pitch
The chair has a unique design where its base hangs from the arms, resembling a saddle. Its ergonomic design provides a cradle for the back and the “sit in motion technology” allows for movement, benefiting the core, back, and circulation. The company started with an IndieGoGo and Kickstarter campaign in 2017/2018 and raised $1,307,184.
During the pitch, Bing offered $500,000 for a 2.5 percent stake in the company, which valued it at $20 million. He began his presentation by playing a video of Justin Bieber endorsing the product, stating that “this is the place” to sit.
Although the Sharks were impressed with the chairs, they were deterred by the high valuation. Bing was offended when Barbara called him a slick salesperson and left without a deal.
All five Sharks declined to negotiate, citing the company’s high valuation. However, All33 continued to operate and claims to have experienced record sales since the filming. By July 2021, the company expects to achieve $4 million in yearly revenue.
All33 BackStrong Chair Net Worth?
Bing comes in with a $500,000 offer for a 2.5 percent stake in the company. This equates to a $20 million value.
All33 BackStrong Chair Competitors
There are some competitors of All33 BackStrong Chair, this includes; ErgoErgo Ergonomic Stool, Serta Works Ergonomic Executive Office Chair, Global United Brown Leather Air, Match Recliner Chair, Viotek Air Comfort Massage Cushion, Duramont Ergonomic Adjustable Office Chair, Tempur-Pedic TP9000.
All33 Backstrong Chair Shark Tank Updates
All33 BackStrong Chair appeared on Shark Tank Season 12 Episode 9 and asked for a $20 million valuation of $500,000 for 2.5% equity. Despite having an impressive $3.2 million in sales, the company left without a deal.
However, the company is still in business and has recently introduced a new chair called The Axion, which is a more advanced version of the original and costs $999.
The All33 BackStrong Chair is an innovative dynamic ergonomic office chair that helps you move your spine while sitting in the seat. The chair has a unique uni-ball type section that keeps all 33 vertebrae moving.
The seat in the chair continues to move, and the way the person sitting in the chair moves makes it move. The chair is made using sit-in-motion technology. The base of the chair has a saddle-like structure suspended from the arms.
All33 has several celebrity endorsers, including Canadian pop singer Justin Bieber, who found the chair quite comfortable.
The company’s CEO, Bing Howenstein, appeared on Shark Tank with one of the many celebrity endorsers of the product, and it is speculated that it was Paula Abdul due to her public acknowledgement of back issues.
All33 BackStrong Chair Shark Tank Table Summary:
| METRIC | VALUE |
| Valuation on Shark Tank | $20 million for 2.5% equity |
| Sales year-to-date (at pitch) | $3.2 million |
| Projected year-end sales | $5.5 million |
| CEO | Bing Howenstein |
| Co-founders | Dr. Dennis Colonello and Jim Grove |
| Net worth (2022) | $5.5 million |
| Competitors | ErgoErgo Ergonomic Stool, Serta Works Ergonomic Executive Office Chair, Global United Brown Leather Air, Match Recliner Chair, Viotek Air Comfort Massage Cushion, Duramont Ergonomic Adjustable Office Chair, Tempur-Pedic TP9000 |
| Updates | All33 BackStrong Chair introduced a new chair called The Axion, which costs $999 |
All33 BackStrong Chair FAQS
What Is All33 Backstrong Chair Shark Tank?
All33 BackStrong Chair is a dynamic ergonomic office chair that appeared on Shark Tank in Season 12 Episode 9. The company name, All33, refers to the fact that the chair ergonomically aligns all 33 of the vertebrae in your spine.
The BackStrong Chair is designed to cradle your lower back to relieve crucial pressure points throughout your spine and body, and it is the only slouch-proof office chair that aligns your spine and induces perfect posture for all 33 of your vertebrae.
The chair is made using sit-in-motion technology, which means that the seat will continue to move, and the way the person sitting in the chair will make it move.
The BackStrong C1’s innovative rocking bucket seat provides back support and posture control no matter your sitting angle.
The chair has a patented technology that keeps you moving while you sit for better health and more energy. The company offers a 60-day guarantee, and they believe in comfort and ease in every aspect of life.
The CEO of All33 is Bing Howenstein, and he appeared on Shark Tank with one of the many celebrity endorsers of the product. The company asked the Sharks for a $20 million valuation of $500,000 for 2.5% equity.
The BackStrong Chair has received positive reviews from customers, and Canadian pop singer Justin Bieber also likes this chair and found it quite comfortable.
How Does All33 Backstrong Chair Shark Tank Work?
The All33 BackStrong Chair is an ergonomic office chair designed to align all 33 vertebrae in the spine, providing relief from back and neck pain.
The chair’s innovative rocking bucket seat allows the pelvis to move the way it does while walking, which aligns the vertebrae into perfect posture.
The bowl of the seat moves with the user’s butt and gently guides the spine into proper posture, cradling the lower back to relieve crucial pressure points throughout the spine and body.
The BackStrong Chair is the only slouch-proof office chair that aligns the spine and induces perfect posture for all 33 vertebrae.
The chair is designed to provide back support and posture control no matter the sitting angle, allowing users to sit in any position they like. The chair’s design improves breathing and blood flow, providing relief from pain.
The All33 BackStrong Chair was created by Dr. Dennis Colonello and Jim Grove. The company’s CEO, Bing Howenstein, appeared on Shark Tank with one of the many celebrity endorsers of the product.
The chair has received positive reviews from customers, with many reporting relief from pain while sitting for hours on end. Justin Bieber is among the chair’s celebrity fans.
The company offers a 60-day guarantee, and customers who are not completely satisfied with their purchase can return the chair for a full refund.
What Happened To All33 Backstrong Chair After Shark Tank?
All33 BackStrong Chair appeared on Shark Tank Season 12 on January 8, 2021, and asked for $500,000 for 2.5% equity, but left without a deal. However, the company has been doing well since then.
In September 2021, the company received investments from Bruce Willis, Cindy Crawford, Tony Robbins, Evan Spiegel of Snap, and former Disney COO Tom Staggs for scaling operations and accelerating growth. As of 2022, the founder of All33, Bing Howenstein, has a net worth of $2 million.
All33 Chairs are still in business and have recently introduced a new chair called The Axion, which costs $999 and has two color options. The BackStrong Chair is designed to align all 33 vertebrae in a person’s spine, and it uses sit-in motion technology to move with the use.
The chair has a unique uni-ball type section that keeps all 33 vertebrae moving. The company’s mission is to create chairs that promote back health and improve overall health.
Is All33 Backstrong Chair Shark Tank Still In Business?
Yes, All33 BackStrong Chair Shark Tank is still in business. The company has had record sales since filming Shark Tank in July 2020.
In September 2021, the company received investments from Bruce Willis, Cindy Crawford, Tony Robbins, Evan Spiegel of Snap, and former Disney COO Tom Staggs for scaling operations and accelerating growth All33 Chairs have recently added a new chair for $999 with two color options. The company was founded in 2019.
Bing Howenstein is the CEO of the company.
What Is The Current Valuation Of The All33 Backstrong Chair?
The All33 BackStrong Chair appeared on Shark Tank Season 12 Episode 9 and asked for a $20 million valuation of $500,000 for 2.5% equity. The MSRP of the All33 BackStrong C1 Chair is $999.
However, the BackStrong C1 Chair has an MSRP of $1299, although it is currently reduced to $799.
PitchBook provides information on the valuation of All33. As of their latest funding round, All33 is a private company with 4 employees and has received early-stage venture capital funding from 7 investors. However, the exact current valuation of All33 is not provided in the search results.
What is the price of the BackStrong Chair?
This chair is now $799 in both vegan leather and fabric upholstery. (They may also apply for Affirm, which allows them to make monthly payments as little as $67.)
How much does shipping cost?
Shipping is completely free.
Can they get a free trial before they buy?
Although the organization does not provide free samples prior to purchase, it does provide a 60-day money-back guarantee.
If they decide this chair isn’t right for them, they may return it for a full refund.
Is it available in a variety of fabrics?
Yes, there are now two upholstery options: vegan leather and cloth.
Is it available in a variety of colours?
Yes, both the vegan leather and fabric chairs are available in three colours: black, red, and brown.
Is the chair self-assembly required?
Yes, but all of the essential components are available in a few pieces, and assembly should take no more than 10 minutes.
Is this office chair movable?
Yes — they can raise or lower the height, swivel 360 degrees around, and flip the arms up so they’re out of the way.
What’s the chair’s maximum weight capacity?
This chair is tested to support up to 275 pounds.
Can you get the All33 BackStrong Chair on Amazon?
No — right now this chair is only available through the All33 website, but shipping is free and past reviewers have been overwhelmingly happy with their experience.
Who founded All33 BackStrong Chair?
All33 was founded by Dr. Dennis Colonello and Jim Grove.
How much does All33 BackStrong Chair cost?
All33 BackStrong Chair is now $799 in vegan leather and fabric upholstery. (For the price of the chair, they may also apply for Affirm, which allows them to make monthly payments as little as $67.)
How much weight can the chair hold?
The chair can support up to 275 pounds.
What sort of chair can they find on Shark Tank?
The ALL33 BackStrong C1, a premium ergonomic office chair backed by celebrities, sportsmen, and physicians, is due to debut on ABC’s Shark Tank on Friday, January 8, 2021.
Did ALL33 strike a deal?
Their proprietary ergonomic sit-motion technology engages and keeps all 33 vertebrae moving, preventing posture and tiredness difficulties.
All of the Sharks decline to make an offer to ALL33, causing Bing to exit the Shark Tank without a contract.
Who actually owns ALL33?
ALL33’s CEO is Bing Howenstein of Boulder, Colorado.
The number 33 refers to vertebrae, which are the 33 separate bones that connect to create the spinal column.
How do they make adjustments to a BackStrong chair?
Lean forward and reach beneath the right side of the chair for the handle while seated.
Lift the lever and gently elevate their torso to allow the chair to rise to the appropriate height.
Once the required height has been obtained, release the handle to secure the chair in place.
What exactly is All33?
All33 is an ergonomic office chair that allows them to move all 33 of their vertebrae as they sit.
Lumbar support, spinal health, and back strength are all provided by the chair.
All33, which is available in vegan leather or cotton, makes them feel more energized and productive.
What portion of their back does this chair help with?
The ALL33 adjusts all 33 vertebrae in their back, assisting them with good posture and providing comfort.
Unfortunately, spending most of their day seated can create soreness, stiffness, and discomfort in their spine because they are exerting strain on the muscles and discs in their back and neck.
Is this chair going to assist with their back pain?
Every back is different, as are the aches and pains that come with it. Their chair has aided a large number of people suffering from a range of ailments.
What is the net worth of Bing Howenstein?
Bing Howenstein net worth is $3 Million.
When was All33 BackStrong Chair aired on Shark Tank?
It was on 8, January 2021.
