“Trophy Smack” Net Worth 2023 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 September 2023, Trophy Smack’s net worth is $3.5 million, and they’re pulling in a whopping $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.

In August 2023, 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. 

Trophy Smack Net Worth

Net worth$3.5 million (2023)
Annual Sales Revenue$1 million (2023)
Profits$775K
Lifetime sales$10 million (2023)
Shark Tank InvestorMark Cuban
FoundersMatt Walsh and Dax Holt
Employees7 employees

Trophy Smack Net Worth Timeline

Net Worth 2023$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

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, have a net worth of $4.15 million as of 2023.

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.