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 Investor | Mark Cuban |
Founders | Matt Walsh and Dax Holt |
Employees | 7 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 name | Trophy Smack |
Product | Custom trophies for fantasy sports |
Episode | Season 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 |
Location | Anaheim, 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
Year | Accomplishment |
2021 | Appeared in Shark Tank season 12 and shark Mark Cuban invested $600,000 in the startup for 17% share |
2021 | Completed $1.2million sales just after a month after appearing on Shark Tank |
2021 | Upgraded 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.