Locker Board Shark Tank Net Worth 2023

Locker Board Net Worth

As of 2022, Locker Board’s founder Carson Kropfl has a net worth of 600,000 USD. In 2018, Richard Branson invested $65,000 for a 20% stake in Locker Board, giving it a valuation of $325,000.

However, there is no information available on the current net worth or valuation of the Locker Board beyond these figures.

What is Locker Board and Who is the Founder of the Locker Board?

Locker Board is a unique personal transportation system that was created by a young inventor in Southern California. This skateboard is designed to be a non-folding model that can fit into a school locker or backpack for easy storage when not in use.

The skateboard was originally built from recyclable materials and intended to provide a flexible and more practical alternative to the traditional skateboard.

The founder of Locker Board is Carson Kropfl, who came up with the idea when he was just 11 years old and a middle school student in San Clemente, California.

Carson was dissatisfied with the fact that his existing skateboards could not fit in his school locker, so he set out to design a skateboard that would be easy to store and transport.

Carson created and marketed the first Locker Boards himself, using his entrepreneurial spirit and creativity to avoid performing chores and earning money at a young age. However, as demand for the product grew, he eventually outsourced manufacturing to keep up with orders.

Carson’s success has led him to be mentored by some powerful individuals, including Wing Lam, Co-Founder of Wahoo’s Fish Tacos, and Noah Murphy-Reinhertz, a sustainability specialist with Nike’s Sustainable Innovation Team.

Carson is also committed to promoting environmentally friendly corporate practices and supports the Tony Hawk Foundation, which builds skate parks in underserved areas. For every board sold, Carson donates $1 to the non-profit organization.

Locker Board the Shark Tank Pitch

Carson and his mother were featured on Shark Tank season 9 episode 1, where they requested $60,000 for a 15% stake in his company, resulting in a $400,000 valuation.

Carson showcased his innovative Locker Board, made from repurposed skateboard decks, which is a 16-inch non-folding skateboard designed to fit into backpacks or lockers.

Carson shared that he obtained old skateboard decks for free and had been selling them on social media for 9 months, generating $10,000 in sales. His aim was to use the Shark money to enhance his website, procure bulk skate hardware, and expand production.

All the Sharks were impressed, but Lori declined to invest, while Daymond believed that asking for too much stock would impede the company’s growth, so he also passed. Mark proposed to pay $60,000 for a 20% stake in the firm, but Richard also offered $65,000 for 20%, which led to Robert offering a fixed-rate loan of 8%.

Carson eventually struck a deal with Richard, and after the show, his company saw a 300% increase in sales and a boost in online traffic. He completed a contract with Richard and resumed his studies.

In February 2020, the firm appeared in The Shark Tank Greatest of All Time Special in the “baby sharks” category, and in March 2020, Carson signed a licensing agreement with Wham-O, which enabled the Wham-O Locker Boards to be sold at various online and retail retailers, including Wal Mart, Dick’s Sporting Goods, and Amazon.

What is the Net Worth of the Locker Board?

Carson and his mother appeared on Shark Tank season 9 episode 1 in search of $60,000 for 15 of his businesses. This equates to a $400,000 valuation.

They accepted an offer from Richard of $65,000 for a 20% stake thus a valuation of $325,000.

The Current valuation is evidently higher since the Company has grown.

Locker Board Shark Tank Updates

Locker Board is a skateboard company founded by Carson Kropfl in October 2016 when he was 11 years old. The company offers a unique product – skateboards that can fit inside backpacks and lockers.

The skateboards were initially made out of recycled skateboards from Vans, but to keep costs down and increase manufacturing speed, Locker Boards are now made out of maple wood.

Locker Board appeared on Shark Tank in March 2017, and Carson asked for $60,000 for 15% equity. Richard Branson invested $65,000 for 20% equity. After the show aired, Locker Board grew by over 300%. The skateboards are now sold on Amazon and at a few local retailers.

In March 2020, the maker of the Hula Hoop and the Frisbee purchased Locker Board. Carson continues to run the company, and Locker Board is doing well.

The company has designed the only non-folding, sustainable skateboard on the market that can fit inside a backpack. Carson donates $1 for each skateboard sold to Ocean Unite, Branson’s conservation nonprofit.

Locker Board Net Worth

INFORMATION	DETAILS
Founder	Carson Kropfl
Net worth	$600,000 (as of 2022)
Valuation	$325,000 (after Richard Branson’s investment)
Shark Tank deal	$65,000 for a 20% stake in Locker Board
Current status	Acquired by Wham-O, still operational
Competitor	Penny Board
Donation	$1 for each board sold to Ocean Unite

Who are the Competitors of the Locker Board?

Penny board is a skateboard alternative to Locker Board.

Locker Board FAQS

What Is Locker Board Shark Tank?

Locker Board is a skateboard company founded by Carson Kropfl, who appeared on Shark Tank in season 9. The skateboards are designed to fit inside a backpack and school locker, making them convenient for students.

The company offers a sustainable, non-folding skateboard that can fit inside a backpack and is made from recycled skateboards. After appearing on Shark Tank, Locker Board landed Sir Richard Branson as an investor.

Locker Board costs $99 and is available for purchase on the company’s website, Amazon, Big 5 Sporting Goods, Dick’s Sporting Goods, and two local California stores. The company has grown 300% since appearing on Shark Tank.

Locker Board is no longer made out of recycled skateboards but is now made out of maple wood to keep costs down and increase manufacturing speed.

Locker Board was purchased by the maker of the Hula Hoop and the Frisbee. The company continues to offer an essential product for youngsters who want to ride their skateboards to school.

How Does Locker Board Shark Tank Work?

Locker Board is a skateboard company that produces skateboards that can fit inside a school locker or backpack. The company was founded by Carson Kropfl in October 2016 when he was 11 years old.

Carson appeared on Shark Tank in 2017, landing Sir Richard Branson as his investor. The sharks invested $65,000 for 20% equity in the company.

Locker Board has grown by more than 300%, selling more than 1,000 skateboards since the original Locker Board episode.

To keep up with the increasing demand, Carson hired the renowned board maker PS Stix to handle production and taught them how to make the Locker Board skateboard.

Locker Boards are no longer made out of recycled skateboards, but out of maple wood to keep costs down and increase manufacturing speed.

Locker Board was purchased by Wham-O, the maker of the Hula Hoop and the Frisbee, in 2018. Wham-O will take over the production of Locker Boards and will offer a sustainable “Premium/Pro” Locker Board that will be available on Amazon.com and in surf and skate shops in the coming months.

By spring 2021, a “Grom” Locker Board is planned for major retailers in the U.S. and Canada, adding to the offerings already available at Lockerboard.net, Amazon.com, and at local retailer Jacks Surfboards.

In conclusion, Locker Board is a skateboard company that produces skateboards that can fit inside a school locker or backpack. The company was founded by Carson Kropfl in 2016 and appeared on Shark Tank in 2017, landing Sir Richard Branson as an investor.

Locker Board was purchased by Wham-O in 2018 and has grown by more than 300%, selling more than 1,000 skateboards since the original Locker Board episode.

Locker Boards are no longer made out of recycled skateboards, but out of maple wood to keep costs down and increase manufacturing speed.

What Happened To Locker Board After Shark Tank?

Locker Board is a company that offers skateboards that can fit in backpacks and lockers. The company was founded by Carson Kropfl in October 2016 when he was 11 years old.

Carson appeared on Shark Tank in March 2017 and made a deal with Richard Branson for $60,000 in exchange for 15% equity. Since the Shark Tank appearance, Locker Board has grown over 300% and sold more than 1,000 skateboards.

The company has continued to boom after making a deal with Wham-O, which began selling the skateboards on Amazon in March 2021.

Locker Board was purchased by Wham-O, the maker of the Hula Hoop and the Frisbee, after the Shark Tank appearance. To keep up with the increasing demand, Carson hired the renowned board maker PS Stix to handle production and taught them how to make Locker Boards.

Locker Boards are no longer made out of recycled skateboards, but out of maple wood to keep costs down and increase manufacturing speed. The company donates $1 for each skateboard sold to Ocean Unite, Branson’s conservation nonprofit.

Locker Boards are now sold on Amazon and at a few local retailers, including Big 5 Sporting Goods, Dick’s Sporting Goods, and Jack’s Surfboards in Huntington Beach, and Dana Beach.

The company has come a long way since its founding by a middle schooler who wanted a skateboard that could fit in his backpack and locker.

Is Locker Board Shark Tank Still In Business?

Yes, Locker Board from Shark Tank is still in business. Since appearing on Shark Tank in March 2017, Locker Board has grown by over 300%. The company has sold more than 1,000 skateboards and has partnered with Wham-O to sell its skateboards on Amazon.

Locker Board is a sustainable skateboard that is handcrafted from 100% recycled maple. The company was purchased by Wham-O, the maker of the Hula Hoop and the Frisbee, after appearing on Shark Tank.

Locker Board is now sold on Amazon and at a few local retailers, including Big 5 Sporting Goods, Dick’s Sporting Goods, and Jack’s Surfboards in Huntington Beach, and Dana Beach.

What Is The Current Valuation Of the Locker Board After Shark Tank?

Locker Board is a non-folding skateboard that can fit inside a backpack and college locker.

Carson Kropfl, the founder of Locker Board, appeared on Shark Tank in March 2017 and received a $65,000 investment from Richard Branson for 20% equity, giving the company a $325,000 valuation.

Locker Board has grown over 300% since Shark Tank aired and is now sold on Amazon and at a few local retailers.

As of 2022, Carson Kropfl, the founder of Locker Board, has a net worth of $600,000. It is unclear from the search results what the current valuation of Locker Board is after Shark Tank.

However, it is known that the company had a $325,000 valuation after receiving an investment from Richard Branson on Shark Tank in 2017.

How Much Did Richard Branson Invest In Locker Board

Richard Branson invested $65,000 for a 20% stake in Locker Board, giving it a $325,000 valuation.

Carson Kropfl, the founder of Locker Board, pitched his business on ABC’s “Shark Tank” and received investment from Branson. Branson was one of three sharks who fought to invest in Locker Board, along with Mark Cuban and Robert Herjavec.

Branson was impressed by Kropfl’s enthusiasm and passion for his business and saw a bit of himself in the young entrepreneur.

Locker Board is a sustainable skateboard that can fit inside a backpack and locker. Kropfl donates $1 for each skateboard sold to Ocean Unite, Branson’s conservation nonprofit.

Since appearing on “Shark Tank,” Locker Board has grown over 300% and is now sold on Amazon and in a few local retailers.

The company possesses two patents and the boards are designed to cruise the streets and campus. Over 55% of people purchased Locker Boards on Lockerboard.net from their mobile phones.

How does Locker Board work?

Locker Board works like other skateboards but it is only 16 inches long and designed to fit into a locker.

How much were they seeking in the Shark Tank?

They were seeking $60,000 for 15 percent of his businesses. This equates to a $400,000 valuation.

How much were they offered in the Shark Tank?

They accepted an offer from Richard of $65,000 for a 20% stake thus a valuation of $325,000.

Wham-O Locker Boards are still available at Wal-Mart, Dick’s Sporting Goods, Amazon, and many other online and retail retailers as of November 2021.

When was Locker Board founded?

Locker Board was founded in 2016.

How can they contact them?

They can contact at their email at carriekropfl@lockerboard.net

Where is Locker Board’s headquarters?

Locker Board’s headquarters are in San Clemente, California, in the United States.

How many locker boards have been sold?

The Locker Board was recently highlighted in a “Shark Tank” piece on the show’s most successful deals since it first aired.

Since the initial Locker Board episode, the firm has expanded by more than 300 percent, selling over 1,000 skateboards, according to Kropfl.

What problem did Carson want to solve with his invention?

He devised a novel solution to his large skateboard problem. Carson designed a tiny board that he could quickly stow in his locker or bag.

What is their Refund Policy?

Please call them at 949-554-4448 if they have any issues with their purchase. They will offer them a full refund if the boards are returned in unused condition within 30 days after purchase.

What happened to Locker Board after Shark Tank?

According to the firm, Locker Board has grown more than 300 percent since Shark Tank aired. The boards are now available on Amazon as well as at a few local merchants.

Locker Board has two pending patents, four trademarks, and a lifetime revenue of $68,000.

How much does Locker Board cost to buy?

The boards cost $13 to create, $55 to wholesale, and $99 to retail.