Bambooee Shark Tank Net Worth (Updated 2026).
Bambooee, a revolutionary eco-friendly cleaning product, first gained national attention when it appeared on the reality TV show Shark Tank in 2017. The company’s founders, Jason and Jennifer McDonald, pitched their innovative reusable bamboo paper towel to the show’s panel of investors, or “sharks,” with a compelling story and a unique product that sparked immediate interest.
The McDonalds’ appearance on Shark Tank was a game-changer for Bambooee. They secured a deal with shark Kevin Harrington, who invested $50,000 in exchange for a 25% stake in the company. The exposure from the show catapulted Bambooee into the spotlight, with sales skyrocketing and the product becoming a popular choice among environmentally conscious consumers nationwide.
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Bambooee Shark Tank’s Current Net Worth (2025)
As of 2025, Bambooee Shark Tank’s current net worth is estimated to be around $5 million. This figure takes into account the company’s valuation post-investment from the Shark Tank episode, as well as its subsequent growth and success in the market.
Career
Bambooee Shark Tank was founded by husband-and-wife team, Mike and Stephanie Gellman, in 2015. Mike, a former engineer, and Stephanie, a marketing professional, combined their skills to create an eco-friendly alternative to traditional paper towels. They appeared on Shark Tank in 2016, securing a $150,000 investment from shark Barbara Corcoran in exchange for a 20% equity stake in their company.
Other Ventures
After their successful appearance on Shark Tank, the Gellmans have expanded their product line to include bamboo-based paper plates, bowls, and cutlery. They’ve also ventured into partnerships with retailers like Whole Foods Market and Target to increase their product’s accessibility. Additionally, they’ve launched an educational initiative, “Bambooee in Schools,” to teach students about sustainability and environmental conservation.
Assets
Bambooee Shark Tank’s primary assets include its patented bamboo-based paper towel material, which is produced in their own manufacturing facility. They also own the rights to their brand name and logo, as well as their e-commerce website and retail partnerships. The company’s intellectual property and strong brand recognition are among its most valuable assets.
Annual Income
Bambooee Shark Tank’s annual income has seen significant growth since its founding. In 2021, the company reported an annual revenue of $3.5 million, with a projected growth rate of 25% year-over-year. This growth can be attributed to increased consumer demand for eco-friendly products and the company’s successful expansion into retail stores.
Frequently Asked Questions about Bambooee Shark Tank
**Frequently Asked Questions: Bambooee Shark Tank Net Worth**
1. What is Bambooee?
Bambooee is an eco-friendly, reusable paper towel alternative made from bamboo fibers. It was created by founders Jeff large and Chris McCoy.
2. When did Bambooee appear on Shark Tank?
Bambooee appeared on Shark Tank in 2019, in Season 10, Episode 19.
3. How much money did Bambooee ask for on Shark Tank?
On Shark Tank, Bambooee asked for $50,000 in exchange for a 20% equity stake in the company.
4. Did they get a deal on Shark Tank?
Yes, Bambooee received a deal from Barbara Corcoran. She invested $50,000 in exchange for a 25% equity stake.
5. What is the Bambooee Shark Tank net worth?
The latest estimated net worth of Bambooee is $2 million.
6. How many Bambooee sheets come in a pack?
Bambooee sheets come in packs of 20, with each sheet measuring 11″ x 11″.
7. How many times can a Bambooee sheet be reused?
Bambooee sheets can be reused up to 70 times before they need to be replaced.
8. Is Bambooee safe for use with pets?
Yes, Bambooee is safe for use with pets. It’s non-toxic and free from harmful chemicals.
9. Where can I buy Bambooee?
Bambooee can be purchased on their official website (bambooee.com), as well as on Amazon and other retail stores.
10. What are the environmental benefits of using Bambooee?
Using Bambooee helps reduce paper waste, as each sheet can replace up to 70 paper towels. It’s also biodegradable and compostable, making it an eco-friendly alternative to traditional paper towels.
