Punching Pro’s net worth was $1 million at the time of their pitch in 2023, based on the $200,000 offer for 20% of the equity of the company. Punching Pro, a robotic sparring device was invented by Kris Tressider in 2010.
They appeared on Season 5 of Shark Tank Australia in 2023. But the Sharks were not interested in investing in Punching Pro.
There is limited information regarding what happens to this business after the show. Some details reveal Kris could sell his product for $1000 dollars in the market. According to Omwer’s LinkedIn account, Punching Pro is still in business. However, as of March 2024, the company does not have a functioning website, and it is not clear where to make purchases. Therefore it seems that the company is no longer running its business.
Punching Pro Net Worth
| Net worth | $1 million (2023) |
| Annual Sales Revenue | Not available |
| Profits | Not available |
| Lifetime sales | Not available |
| Investor | None |
| Investment | None |
| Founder | Kris Tressider |
| Employees | 1 |
Punching Pro Net Worth Timeline
| Net Worth 2024 | Not available |
| Net worth valuation in 2023 before appearing on Shark Tank | $1 million (business valuation) |
Punching Pro Pitch on Shark Tank
| Product | A robotic sparring device |
| Episode | Season 5 Episode 01 |
| Founder | Kris Tressider |
| Asked for | $200,000 offer for 20% |
| Company name | Punching Pro |
| Final deal | No deal |
| Shark | No shark |
| Location | Perth, Western Australia |
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Punching Pro Founder
Kris Tressider founded Punching Pro in 2010. Chris is a fitness enthusiast. He also has a background in martial arts. He wanted to recreate conventional punching bags, adding a new twist to them. He worked for over 14 years to develop this robotic apparatus. Punching Pro’s founder Kris Tressider’s net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2011-2023 | Kris’s invention was featured on several media platforms, including NBC News. |
| 2023 | The company was featured in Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Punching Pro was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Punching Pro went out of business in 2024. And the product is no longer available in the market.
