What Is SwimZip?
SwimZip is a firm that sells children’s UV-protective swimwear and accessories.
SwimZip is best known for its zippered shirts, letting children dress and undress themselves without assistance.
Swimzip apparel and swimwear are made from materials that block over 98 percent of UVA radiation, which can cause skin cancer.
While you should wear sunscreen to protect against AVA rays, have you considered protecting yourself from these dangerous rays coming through your swimsuit?
This new product line created by siblings Betsy Johnson and Berry Wanless will make you think twice the next time you buy a swimsuit, especially one for your child.
The clothes and accessories offered by SwimZip are chlorine-safe and come in various vibrant colors and patterns.
Company Name | SwimZip |
Entrepreneur | Barry Wanless and Betsy Johnson |
Product | Children’s Sun Protective Clothing |
Investment Asking For | $60,000 For 5% equity in SwimZip |
Final Deal | $60,000 For 20% equity in SwimZip |
Shark | Lori Greiner |
Episode | Season 5 Episode 15 |
Business Status | In Business |
Website | Visit Website |
Who Is The Founder Of SwimZip?
The SwimZip company was founded in 2010 by Betsy Johnson and her brother, Berry Wanless. She earned her undergraduate degree from the University of Puget Sound in 2007.
Afterward, she worked for Boeing Company as a finance manager until 2009. Swimzip continues to thrive under Johnson’s leadership, with Wanless serving as Vice President.
The entrepreneurial experience Johnson has is quite impressive. Following a life-changing skin cancer diagnosis at 26, she founded Swimzip.
Her re-evaluation of life and career led her to take the daring step of quitting her corporate job to become a UV protective gear inventor.
Johnson wanted to protect her children from the same tragedy, but she recognized how infuriating it could be to put on and take off kids’ swimwear.
Swimzip was created when she decided to create zippers on shirt fronts.
Swimzip generated $525,000 in revenue in its third year, an impressive 1100 percent increase over the previous year.
SwimZip Before Shark Tank
Siblings Betsy Johnson and Barry Wanless founded Swimzip.
SwimZip is a line of protective swimming apparel that blocks UV radiation. The founders of SwimZip appeared on Shark Tank and are asking for $60,000 for a 5% stake in its business.
The Betsys and Barrys want to ensure their children are protected from the sun, but regardless of how meticulously they apply and reapply sunscreen, they still expose their children’s skin to the sun, which puts them at risk of sunburn.
The parents want their children to have fun at the pool, but standard sun protection tactics can become more of a hassle with all the shouting, fighting, and complaining.
SwimZip’s protective swimmer line provides sun protection for children and parents. SwimZip suits have a full-length front zipper, making them extremely easy to put on and take off.
The top and bottom of the tops filter 98 percent of cancer-causing UVA and UVB rays. Children may wear SwimZip’s sun protective gear independently of their parents, as it is easy to wear.
How Was The Shark Tank Pitch Of SwimZip?
Betty and Berry have approached Shark Tank seeking a $60,000 investment in exchange for 5% of Swim Zip.
Final Deal: Lori Greiner agreed to invest $60,000 for a 20% stake in SwimZip.
What Happened To SwimZip After Shark Tank?
SwimZip acquired an investment from Lori Greiner during the Shark Tank show, but I do not believe the deal was concluded after the show. There is no sign that Lori ever worked with SwimZip.
There is no link to SwimZip.com from Lori’s website, and the SwimZip blog and store do not appear to have been touched by Lori.
SwimZip is a relatively new company with a very large online store and is available in many different stores.
SwimZip is still in business with an annual income of $5 million as of 2022. They also added men’s and women’s clothes and headwear.
SwimZip Shark Tank Update
SwimZip has expanded the brand to include men’s and women’s fashions since appearing on Shark Tank.
You’ll never want to take off SwimZip’s beautiful women’s dresses once you’re finished with the beach.
Furthermore, you won’t be required to. Moreover, the sun-protection material will dry quickly. You can purchase SwimZip products for $75 on the SwimZip website.
Is SwimZip Still In Business?
SwimZip is still very much alive – the most telling sign is that either Betsy, Barry, or someone hired by the family maintains their Social Media profiles actively, using both (free) advertising and promotions such as 40% off purchases of a “Roddie.”
They offer a wider range of products, as evidenced by the fact that they are available on their website and on Amazon.
SwimZip probably does well with the Shark Tank effect and parents’ goodwill if they wish to protect their children from the sun, but I could not find any concrete sales figures. Betsy and Barry are now hopefully self-sufficient.
What Is the Net Worth of SwimZip?
The valuation of SwimZip was $1.2 million when it appeared on Shark Tank. The net worth of SwimZip is $5 million as of 2022.