Combat Flip Net Worth 2024 Update (Before & After Shark Tank)
Combat Flip Flops was founded by Army Rangers Matthew Griffin and Donald Lee. He secured a $300,000 deal with Mark Cuban, Daymond John, and Lori Greiner on Shark Tank in 2016.
Known for its socially conscious mission, the company manufactures flip flops and other products in conflict zones like Afghanistan and Colombia.
Their business helps create jobs and funds education for Afghan girls. As of 2023, Combat Flip Flops is valued at around $12 million, with an annual revenue exceeding $4 million.
Combat Flip Net Worth
Estimated Net worth | $12 million (2024 |
Annual Sales Revenue | $4 million (2024) |
Lifetime sales | Not available |
Investors | Mark Cuban, Daymond John, and Lori Greiner |
Founder | Matthew Griffin |
Employees | 1-25 employees |
Combat Flip Pitch on Shark Tank
Company name | Combat Flip |
Product | Flip-flops made from combat boot soles with a social purpose |
Episode | Season 07 Episode 16 |
Founders | Matthew Griffin |
Asked for | $150,000 for 10% equity |
Final deal | $300,000 for 30% equity |
Shark | Daymond John, Lori Greiner, Mark Cuban |
Location | Issaquah, Washington |
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Combat Flip Founder
Matthew Griffin founded Combat Flip in 2010. Griff, the Co-Founder and CEO of Combat Flip Flops, served in the 2nd Ranger Battalion and completed multiple deployments to Iraq and Afghanistan. The inspiration for Combat Flip Flops struck him while visiting a combat boot plant in Afghanistan. Combat Flip’s founder, Matthew Griffin, has an approximate net worth of $12 million.
Key accomplishments
Year | Accomplishment |
2016 | The company appeared on Shark Tank Season 07. |
2022 | As of June 2022, the company makes $4.6 million in revenue each year. |
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 Combat Flip and its continued success.
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