Thomas Fields created Grind to solve a problem he experienced firsthand — expensive basketball shooting machines were out of reach for most athletes. He pitched Grind on Shark Tank and secured a deal with Mark Cuban and Barbara Corcoran.
However, the deal never finalized. Despite this setback, Grind thrived, raising $1.6 million in additional funding and generating $1 million in revenue by 2021.
Therefore, we wrote this article to explore Grind’s journey after Shark Tank and how it continues to grow, with a current valuation of $2 million and ongoing product expansion
Grind Net Worth
| Estimated Net worth | $2 Million (2024) |
| Annual Sales Revenue | $1 million (2023) |
| Investors | Mark Cuban and Barbara Corcoran |
| Founder | Thomas Fields |
Grind Pitch on Shark Tank
| Company name | Grind |
| Product | portable basketball training machine |
| Episode | Season 12 Episode 23 |
| Founder | Thomas Fields |
| Asked for | $250,000 for 5% equity |
| Final deal | $250,000 for 25% equity |
| Sharks | Mark Cuban and Barbara Corcoran |
| Location | USA |
Grind Founder
Grind was founded by Thomas Fields in 2020. Fields was a high school basketball star. He created the world’s first portable basketball shooting machine. Grind’s founder, Thomas Fields, has a net worth of 1 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2020 | Grind developed the world’s first portable shooting and rebounding machine |
| 2021 | Grind appeared on Shark Tank Season 12 |
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 Spretz and its continued success.
