Getaway Shark Tank Net Worth (Before and After Shark Tank)

Getaway, a tiny home rental company founded by Pete Davis and John Staff in 2015, has seen a significant increase in net worth since appearing on Shark Tank. As of September 2023, Getaway’s net worth stands at $40 million, with an impressive annual revenue of $30 million. Despite rejecting the offers from Shark Tank investors Kevin O’Leary and Chris Sacca, Getaway House has continued to grow and expand its business, raising $17 million in funding. Find more information about Getaway’s success on their official website.

Key Takeaways:

• Getaway’s net worth has grown from $10 million in 2017 to $40 million in 2023.
• They rejected offers from Shark Tank investors Kevin O’Leary and Chris Sacca.
• Despite not securing a deal on the show, Getaway has raised $17 million in funding.
• The company has expanded its business nationwide, with outposts outside of 21 major US cities.
• Getaway’s success showcases the profitability of the tiny home rental concept.

Timeline of Getaway’s Net Worth

Getaway, the tiny home rental company, has experienced a consistent increase in net worth over the years, solidifying its position as one of the notable success stories from Shark Tank. Let’s take a closer look at the timeline of Getaway’s net worth:

Year	Net Worth (in millions)
2017	$10
2020	$25
2021	$30
2022	$35
2023	$40

As seen in the table above, Getaway’s net worth has experienced steady growth. In just six years, it has more than quadrupled, showcasing the company’s success and profitability. This upward trajectory is a testament to the strength of their business model and the demand for unique and immersive travel experiences.

Getaway’s appearance on Shark Tank undoubtedly played a role in boosting its net worth. The exposure and validation from the show’s investors and viewers have contributed to its growth. However, it is worth noting that Getaway’s success extends beyond the confines of the Shark Tank stage. With a combination of strategic expansion, innovative marketing, and a high-quality product, Getaway has captured the attention of travelers seeking unconventional accommodations.

Getaway’s Pitch on Shark Tank

During their appearance on Season 8 of Shark Tank, Getaway, the popular tiny home rental company, presented their unique business concept to the investors. Co-founders Pete Davis and John Staff pitched their idea of providing individuals with an escape from the hustle and bustle of city life by offering secluded, nature-filled getaways in their cozy tiny homes.

Seeking a $500,000 investment for 5% equity in the company, valuing Getaway at $10 million, the co-founders were met with interest from prominent Shark Tank investors Kevin O’Leary and Chris Sacca. However, the offers were later revised to a $500,000 investment for 7.14% equity at a $7 million valuation.

Despite the enticing offers, Getaway ultimately decided to reject the proposals from the Sharks. This bold decision did not hinder their success. In fact, it marked the beginning of an incredible journey of growth and expansion for Getaway.

The Impact of the Pitch

Although Getaway did not secure a deal on Shark Tank, their appearance on the show significantly increased their visibility and popularity. The exposure provided by the Shark Tank platform allowed Getaway to attract attention from customers and investors alike.

Investor	Offer	Equity	Valuation
Kevin O’Leary	$500,000	7.14%	$7 million
Chris Sacca	$500,000	7.14%	$7 million

Since their appearance on Shark Tank, Getaway has experienced phenomenal growth, expanding their business nationwide and raising an impressive $17 million in funding. Their decision to reject the offers from Kevin O’Leary and Chris Sacca proved to be a strategic move, allowing them to maintain control of their company and continue their upward trajectory.

Key Accomplishments of Getaway

Since its inception, Getaway has achieved several key accomplishments. One notable success story is their appearance on Shark Tank, where they showcased their unique concept of tiny home rentals in the woods. This exposure on national television significantly boosted their popularity and attracted attention from investors and potential customers alike.

Furthermore, Getaway has successfully raised $17 million in funding in 2021, which has allowed them to expand their business and fuel their growth. This additional capital has been instrumental in establishing outposts outside of 21 major US cities, ensuring that more people have access to their tranquil and nature-filled getaways.

These accomplishments, coupled with their impressive net worth of $40 million, solidify Getaway’s position as one of the most successful businesses to emerge from the Shark Tank. Their journey serves as a testament to the power of a unique business model and the determination to succeed, inspiring other entrepreneurs to pursue their dreams.