The Hammbag, a versatility company, was started by Dylan Colman & Tom Smith. As of January 2024, The Hammbag net worth is $2 million and their annual revenue is not disclosed.
In 2017 June, they appeared on Season 03 of Shark Tank Australia seeking $45,000 for 15% of equity valuing the company at $300K. But the Sharks were not interested in investing in The Hammbag. Their sales did not sufficient to the invest the company.
As of 2024 January, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
The Hammbag Net Worth
| Net worth | $2 million |
| Annual Sales Revenue | Not Disclosed |
| Profits | Not Disclosed |
| Lifetime sales | Not Disclosed |
| Investor | None |
| Founders | Dylan Colman & Tom Smith |
| Employees | 1-10 employees |
The Hammbag Net Worth Timeline
| Net Worth 2024 | $2 million |
| Net Worth 2023 | $1.8 million |
| Net Worth 2022 | $1.6 million |
| Net Worth 2021 | $1.5 million |
| Net worth valuation 2017 before appearing on Shark Tank | $300K |
The Hammbag Pitch on Shark Tank
| Company name | The Hammbag |
| Product | An all-in-one hammock, backpack and towel |
| Episode | Season 03 Episode 02 |
| Founders | Dylan Colman & Tom Smith |
| Asked for | $45,000 for 15% Stake |
| Final deal | No Deal |
| Sharks | No Sharks |
| Location | Australia |
Don’t miss these product from Season 03
The Hammbag Founders
The Hammbag was founded by Dylan Colman & Tom Smith. Dylan and Tom, two friends passionate about the outdoors, desired a versatile product combining a hammock, backpack, and towel. With help from Mom sewing prototypes, they’ve established manufacturing in Bali. The Hammbag’s founders, Dylan Colman & Tom Smith, have a net worth of 2 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | The company appeared on Shark Tank Season 03 Australia. |
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 The Hammbag and its continued success.
