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Trophy Smack Net Worth 2024 Update (Before & After Shark Tank)

Trophy Smack, a custom trophie for fantasy sports, was started by Matt Walsh and Dax Holt in 2017. As of March 2024, Trophy Smack’s estimated net worth is $5 million, and they’re pulling in a whopping over $1 million in annual revenue. 

In January 2022, they appeared on Season 12 of Shark Tank USA and made a deal with Mark Cuban, $600,000 for 17% equity. The final valuation was $3.5 million, down from the founder’s initial estimate of $7.5 million.

Trophy Smack is still in business. If you want a special trophy, you can buy their fantasy trophy collections from their company website and Amazon store. 

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Trophy Smack Net Worth

Net worth$5 million estimated net worth (2024)
Annual Sales Revenue$1 million (2021)
Profits$775K (2019)
Lifetime sales$10 million (2023)
Shark Tank InvestorMark Cuban
FoundersMatt Walsh and Dax Holt
Employees7 employees

Trophy Smack Net Worth Timeline

Net Worth 2024$5 Million
Net Worth 2023$3.5 Million
Net Worth 2022$4 Million
Net Worth 2021 after appearing on Shark Tank$3.5 Million
Net worth 2021 before appearing on Shark Tank  $7.5 Million 

Trophy Smack Pitch on Shark Tank

Company nameTrophy Smack
ProductCustom trophies for fantasy sports 
EpisodeSeason 12 Episode 09
Founders Matt Walsh and Dax Holt
Asked for$600,000 for 8% of equity
Final deal$600,000 for 17% equity
Shark Mark Cuban 
LocationAnaheim, California, United states

Don’t miss these product from Season 12

Trophy Smack Founders

Trophy Smack was founded by Matt Walsh and Dax Holt in 2017. Matt Walsh is an entrepreneur with a robust supply chain and logistic background. He also owns three e-commerce stores grossing over $8 million yearly. When talking about the other founder, Dax Holt, he was a popular On-Air personality. “On Air with Ryan Seacrest”, “Howard Stern”, and “Kevin & Bean” were some of the very famous programs he hosted. Trophy Smack’s founders, Matt Walsh and Dax Holt, net worth is unavailable. However, according to the deal of the Shark Tank pitch, they had 83% equity in the company. Therefore, Danielle Stangler and Julia Ross should have more than $2.9 million net worth as of 2024.

Key accomplishments

YearAccomplishment
2021Appeared in Shark Tank season 12 and shark Mark Cuban invested  $600,000 in the startup for 17% share
2021Completed $1.2million sales just after a month after appearing on Shark Tank
2021Upgraded to 800,000 sq ft by adding printing and engraving technology 

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 Trophy Smack and its continued success.

What do you think?

Written by GAG Team

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