Caddy Swag, is a cooler that fits inside golf bags. This business was started by Ben and Melissa Fossey in 2006. As of October 2023, Caddy Swag’s net worth is $1 million. They’re pulling in a whopping $1 million in annual revenue.
In 2011 they appeared on Season 2 of Shark Tank USA seeking $60,000 for 20% of equity valuing the company at $300,000. But the Sharks were not interested in investing in Caddy Swag.
Caddy Swag couldn’t secure a deal. However, the business thrived after the Shark Tank appearance. Moreover, Caddy Swag has diversified its business offering several golf-related products. As of October 2023, Caddy Swag is still active in business. Head to the Caddy Swag website to purchase their products. Their products are also available on Amazon.
Caddy Swag Net Worth
| Net worth | $1 million (2023) |
| Annual Sales Revenue | $1 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founders | Ben and Melissa Fossey |
| Employees | <10 |
Caddy Swag Net Worth Timeline
| Net Worth 2023 | $1 million |
| Net Worth 2022 | $900,000 |
| Net Worth 2021 | – |
| Net Worth 2020 | – |
| Net worth valuation in 2011 before appearing on Shark Tank | $300,000 (business valuation) |
Caddy Swag Pitch on Shark Tank
| Company name | Caddy Swag |
| Product | A cooler that fits inside golf bags |
| Episode | Season 02 Episode 06 |
| Founders | Ben and Melissa Fossey |
| Asked for | $60,000 for 20% equity |
| Final deal | No deal |
| Shark | None |
| Location | Minneapolis, Minnesota |
Don’t miss these products from Season 2
Caddy Swag Founders
Caddy Swag was founded by Ben and Melissa Fossey in 2006. Ben graduated from East Carolina University specializing in Communications and Media Studies. Besides running own business Ben has worked in several other positions related to accounting. Along with her wife Melissa, this entrepreneurial duo could pull off a successful business. Caddy Swag’s founders Ben and Melissa Fossey have a net worth of $800,000 USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2011 | Caddy Swag appeared on Shark Tank Season 2 |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Caddy Swag and its continued success.
