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) |
| Profits | Not available |
| Lifetime sales | $1 million (2024) |
| Investors | Robert Herjavec and Mark Cuban |
| investment | $250,000 for 20% of equity |
| Founders | Joe 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
| Product | An outdoor paddle game |
| Episode | Season 15 Episode 04 |
| Founders | Joe Bingham, Scott Brown, and Tim Swindle |
| Asked for | $250,000 for 10% |
| Company name | Paddlesmash |
| Final deal | $250,000 for 20% |
| Sharks | Robert Herjavec and Mark Cuban |
| Location | Mountain Oaks Circle, Alpine |
Don’t miss these products from Season 15
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
| Year | Accomplishment |
| 2023 | The company was featured on Shark Tank and scared a deal. |
| 2024 | The 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.
