Paddlesmash Net Worth 2024 Update (Before & After Shark Tank)

Paddlesmash’s net worth is $ 500K as of January 2024. Last financial year, the company was pulling in $700,000 in annual sales. Paddlesmash, an outdoor paddle game, was started by Joe Bingham, Scott Brown, and Tim Swindle in 2022. 

In October 2023, they appeared on season 15 of Shark Tank USA and made a deal with Robert Herjavec and Mark Cuban for $250,000 for 20% of equity. The final valuation was $1.25 million, down from the founder’s initial estimate of $2.5 million.

The company has continued to thrive in its business since their appearance on the show. As of January 2024, they are actively running operations. In order to make purchases, head to the company website.

Paddlesmash Net Worth

Net worth$ 500K (2024) 
Annual Sales Revenue$700,000 (2023)
ProfitsNot available 
Lifetime sales$1 million (2024)
InvestorsRobert Herjavec and Mark Cuban
investment$250,000 for 20% of equity
FoundersJoe Bingham, Scott Brown, and Tim Swindle 
Employees<10

Paddlesmash Net Worth Timeline

Net Worth 2024$ 500K
Net worth valuation in 2023 after appearing on Shark Tank  $1.25 million 
Net worth valuation in 2023 before appearing on Shark Tank  $2.5 million 

Paddlesmash Pitch on Shark Tank

ProductAn outdoor paddle game
EpisodeSeason 15 Episode 04
Founders Joe Bingham, Scott Brown, and Tim Swindle 
Asked for$250,000 for 10% 
Company namePaddlesmash
Final deal$250,000 for 20% 
SharksRobert Herjavec and Mark Cuban
LocationMountain Oaks Circle, Alpine

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Paddlesmash Founders

Joe Bingham, Scott Brown, and Tim Swindle founded Paddlesmash in 2022. Joe initially came up with the idea of this game. He is a structural engineer by profession. Thus, he used his expertise to create a game combining Pickleball and Spikeball elements. Scott and Tim are entrepreneurs.  Scott has previous experience working in the sports and game industry. Tim is a professional in the business development sector. Paddlesmash’s founders Joe Bingham, Scott Brown, and Tim Swindle’s net worths are unknown as of 2024.

Key accomplishments

YearAccomplishment
2023 The company was featured on Shark Tank and scared a deal.
2024The owners are nominated for Game Innovator of the Year Award.

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 Paddlesmash and its continued success.