Urban Float Net Worth (Updated 2026).

Urban Float, a pioneering company in the world of relaxation and wellness, was founded in 2014 by a group of entrepreneurs with a shared vision to revolutionize the way people unwind and rejuvenate. The concept was born out of a simple yet powerful idea: to create a space where individuals could float in complete silence, solitude, and buoyancy in a pod filled with Epsom salt-saturated water, allowing them to experience the profound benefits of sensory deprivation.

The company’s flagship location opened in Los Angeles, California, quickly gaining traction and attracting a diverse clientele, from athletes seeking muscle recovery to professionals looking to manage stress. Word-of-mouth referrals and positive reviews on social media platforms like Yelp and Instagram helped Urban Float build a reputation as a unique and transformative wellness experience. Celebrities and influencers also caught wind of the trend, further boosting Urban Float’s popularity and solidifying its status as a go-to destination for relaxation and self-care in the heart of Hollywood.

Urban Float’s Current Net Worth (2025)

As of 2025, Urban Float’s current net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account the company’s growth and success in the floatation therapy industry.

Career

Urban Float was founded in 2011 by Shane Stoddard and Mikecotter, initially focusing on providing floatation therapy services in Portland, Oregon. Over the years, they have expanded their services and now have multiple locations across the United States, establishing themselves as a leader in the industry.

Other Ventures

In addition to their floatation therapy centers, Urban Float has also ventured into product sales. They offer a range of floatation tanks and accessories for both personal and commercial use, allowing customers to experience the benefits of floatation therapy at home or in their own businesses.

Assets

Urban Float’s assets include their floatation therapy centers, which are strategically located in high-traffic areas, and their inventory of floatation tanks and accessories. The company also owns the rights to their proprietary floatation tank design and technology, which sets them apart in the industry.

Annual Income

Urban Float’s annual income has been steadily increasing over the years. In 2024, their annual revenue was estimated to be around $15 million, with a significant portion coming from their floatation therapy services and the rest from their product sales. This figure is projected to continue growing as the company expands its reach and customer base.

Frequently Asked Questions about  Urban Float

Frequently Asked Questions: Urban Float Net Worth

1. What is Urban Float’s net worth?

Urban Float’s net worth is estimated to be around $10 million.

2. How did Urban Float start?

Urban Float was founded in 2014 by Jeff Freedman and Alex Konigsberg. They started with a single float center in Los Angeles and have since expanded to multiple locations across the U.S.

3. What is float therapy?

Float therapy, also known as sensory deprivation, involves floating in a pod filled with skin-temperature water and 800 pounds of Epsom salts, allowing you to float effortlessly. The pod is designed to block out all light and sound, providing a completely sensory-free environment.

4. What are the benefits of float therapy?

Float therapy is said to provide numerous benefits, including stress relief, improved sleep, enhanced creativity, and physical pain relief. It also promotes a sense of calm and well-being.

5. How much does a float session cost?

The cost of a float session varies by location, but typically ranges from $60 to $100 per session.

6. How long is a typical float session?

A typical float session lasts for one hour, although some centers offer longer sessions.

7. Is float therapy safe?

Yes, float therapy is generally considered safe. The water is filtered and sanitized between each use, and the Epsom salts create a natural barrier against bacteria. However, it’s always a good idea to consult with a healthcare provider before trying float therapy, especially if you have any health conditions or are pregnant.

8. Can I drown in a float pod?

No, it’s virtually impossible to drown in a float pod due to the high concentration of Epsom salts, which keeps you buoyant. The water is also shallow, typically only a few inches deep.

9. What should I do before my first float session?

Before your first float session, it’s recommended to shower, remove any makeup, and avoid shaving or waxing on the day of your float. Also, arrive at the center with an open mind and no expectations.

10. Does Urban Float have any plans for international expansion?

As of now, Urban Float’s focus is on expanding within the U.S. However, they have not ruled out the possibility of international expansion in the future.