The next great American team-based sport, Spikeball, was started by Chris Ruder in 2008. As of August 2023, Spikeball net worth is $45.2 Million, and they’re pulling in a whopping $7.5 Million in revenue every year to back it up.
On May 15, 2015, they appeared on Season 6, episode 29 of Shark Tank USA and made a deal with Daymond John for $500,000 for 20% of equity. The final valuation was $2.5 Million, down from the founder’s initial estimate of $5 Million.
Spikeball is an American sports equipment company. The company is the largest provider of roundnet equipment and sponsors tournaments in several countries. Spikeball is still in business as of 2023, and they are selling the products on their official website and Amazon.
Spikeball Net Worth Timeline
|Net Worth 2023||$45.2 Million|
|Net Worth 2022||$39 Million|
|Net Worth 2021||$34 Million|
|Net Worth 2020||$31 Million|
|Net worth valuation 2015 before appearing on Shark Tank||$5 Million|
|Net worth valuation 2015 after appearing on Shark Tank||$2.5 million|
Spikeball Pitch on Shark Tank
|Product||The next great American team-based sport|
|Episode||Season 06 Episode 29|
|Asked for||$500,000 for 10% equity|
|Final deal||$500,000 for 20% equity|
Spikeball was founded by Chris Ruder in 2008. Chris Ruder played a pivotal role in reviving the roundnet game, initially invented by Jeff Knurek. Ruder was introduced to the game while on vacation in Hawaii with his brother and friends. Spikeball’s founder, Chris Ruder, has a net worth of 45.2 million USD as of 2023.
|2023||Tournament Sponsorship: Spikeball Inc. sponsors tournaments in various countries, including Belgium, Canada, Colombia, and the United States. Spikeball Roundnet Association tournaments have even aired on ESPN2|
|2022||Global Expansion: Spikeball Inc. has expanded its presence globally, with employees located throughout the United States. The company aims to create the next great American sport|
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 Spikeball and its continued success.