David Hill founded DHD Skate in 2015, introducing a skateboard truck mechanism that improves stability. Although DHD Skate appeared on Shark Tank Australia in 2015, they didn’t secure a deal.
However, the business continued to thrive, thanks to the product’s unique design. As of 2024, DHD Skate’s net worth stands at $800,000, and the company generates $2.5 million in annual revenue.
Despite not having external investors, DHD Skate remains operational and successful in the skateboarding industry, demonstrating steady growth through innovation and customer loyalty
DHD Skate Net Worth
Estimated Net worth | $800,000 (2024) |
Annual Sales Revenue | $2.5 million (2023) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | None |
Founder | David Hill |
Employees | Not publicly available |
DHD Skate Pitch on Shark Tank
Product | A skateboard truck mechanism that increases stability |
Episode | Season 01 Episode 07 |
Founder | David Hill |
Asked for | $160,000 for 20% of equity |
Company name | DHD Skate |
Final deal | None |
Shark | None |
Location | Sydney |
Don’t miss these product from Season 1
DHD Skate Founder
David Hill found DHD Skate in 2015. DHD Skate’s founder, David Hill, has a net worth of $800,000 as of 2024.
Key accomplishments
Year | Accomplishment |
2015 | Appeared on Shark Tank season 1 |
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 DHD Skate and its continued success.