Trophy Smack Net Worth

Trophy Smack is a company that sells trophies and other awards. Its net worth is estimated to be around $3.5 million. The company was valued at $7.5 million before appearing on Shark Tank, but the current value is lower than that.

What is Trophy Smack and Who is the Founder OF Trophy Smack?

Trophy Smack is a company that specializes in producing unique trophies and championship belts for a variety of sports, including football, martial arts, and others.

Founded by Matt Walsh in 2017, the company also offers engravings, athletic emblems, and accessories.

Trophy Smack’s trophies are of high quality and are available in 26”-56” sizes with four anodized metal column colors. The company’s main product, trophies, comes in 1000 different fantasy trophy combinations with swappable tops.

Championship belts, rings, and other rewards are customized with the names of the leagues and the victors through laser engraving. In addition to being featured on ESPN Sports Center’s website and various TV shows, Trophy Smack has gained global recognition since its inception.

Trophy Smack Shark Tank pitch

After inventing their concept, Trophy Smack founders Matt Walsh and Dax Holt sought investors on Shark Tank for a funding boost. They asked for $600,000 for a 5% stake in their company, which was valued at $7.5 million.

Matt pitched their disruptive trophy industry idea by leveraging his manufacturing and logistics experience. The Sharks were impressed with their sales figures, which were $850,000 in 2018, $1.9 million in 2019, and $650,000 through July 2020, despite the Covid-19 pandemic.

The bids came in quickly, but Mark Cuban offered $600,000 for a 17% ownership stake in the company at a valuation of $3.5 million, requiring an immediate answer. The founders accepted, and the deal was sealed with Mark Cuban. The transaction was finalized a year after the show aired.

Trophy Smack’s business has been doing well, with annual revenue of $1 million as of July 2021.

Competitors of Trophy Smack

The company competes with other trophy companies such as Souvenir Trophies, Trophy-A-Bration, NFL Trophies, Trophy Rush, Trophy Life, Trophy Kids, and more.

Net Worth of Trophy Smack

The company was valued at $7.5 million during the Shark Tank pitch and after Mark Cuban’s deal, the company was valued at $3.5 million. Since then they have had several sales which have made the valuation of the company increase in 2021.

Trophy Smack Shark Tank Updates

Trophy Smack is an online trophy company designed to enhance the fantasy sports league experience. The company appeared on Shark Tank Season 12 Episode 9 and asked for $600,000 in return for 8% equity.

The founders of Trophy Smack, Matt Walsh and Dax Holt, are fantasy sports addicts who started the company to fulfill their passion.

During the pitch, they showcased their customizable fantasy sports awards manufacturing business to a panel of successful investors, also known as Sharks5. They landed a deal with Mark Cuban.

After the Shark Tank pitch, Trophy Smack’s trophy had sold $1 million in just one month. The company was valued at $7.5 million during the pitch. Trophy Smack offers customizable fantasy football trophies, championship belts, rings, and more.

The company’s steady growth and economic business model are expected to increase its profit and reach two-fold soon.

Trophy Smack Shark Tank Summary.

INFORMATION	DETAILS
Company Name	Trophy Smack
Year Founded	2017
Founder	Matt Walsh
Products	Trophies, championship belts, rings, and other rewards
Product Details	Trophies are available in 26”-56” sizes with four anodized metal column colors, 1000 different fantasy trophy combinations with swappable tops. Championship belts, rings, and other rewards are customized with the names of the leagues and the victors through laser engraving.
Shark Tank Appearance	Season 12 Episode 9
Shark Tank Pitch	Asked for $600,000 for 5% stake in the company valued at $7.5 million
Shark That Invested	Mark Cuban
Valuation Before Shark Tank	$7.5 million
Valuation After Shark Tank	$3.5 million
Annual Revenue (as of July 2021)	$1 million
Competitors	Souvenir Trophies, Trophy-A-Bration, NFL Trophies, Trophy Rush, Trophy Life, Trophy Kids
Business Model	Online trophy company designed to enhance the fantasy sports league experience
Net Worth	Estimated to be around $3.5 million

Trophy Smack FAQs

What Is Trophy Smack And How Does It Work?

Trophy Smack is an online trophy company that specializes in customizable fantasy sports awards. The company was founded by Matt Walsh and Dax Holt, who are both passionate about fantasy sports.

Trophy Smack offers a variety of products, including championship belts, rings, and bling, that can be customized to fit the needs of any fantasy sports league. The company’s trophies have sold $1 million in just one month, with most of its sales occurring during the sports season.

Trophy Smack seeks to enhance the fantasy sports league experience by providing high-quality, customizable trophies and awards for any occasion.

What Is The Process Of Ordering A Trophy From Trophy Smack?

According to Trophy Smack’s website, the process of ordering a trophy from Trophy Smack is straightforward. Customers can visit the website and browse through the available trophies, championship belts, rings, and other awards for any occasion.

Once they have found the trophy they want, they can customize it with their own designs and logos using the website’s design tool. Customers can also add an engraved nameplate for free when they purchase a custom plaque.

After customizing the trophy, customers can add it to their cart and proceed to checkout. Trophy Smack ships orders within 2-3 business days, and customers should allow an extra 2-3 business days for engraved products. Custom product production time is 3-6 business days.

High order volume can create delays in fulfillment, especially during National Draft Week and the last games during week.

Who is the founder?

Matt is the founder of the company in 2017.

What Was The Outcome Of The Trophy Smack Shark Tank Pitch?

Trophy Smack appeared on Shark Tank Season 12 Episode 9 and asked for $600,000 in return for 8% equity. The company was valued at $7.5 million at the time of the pitch.

The founders of Trophy Smack, Matt Walsh and Dax Holt, are fantasy sports enthusiasts who started the company to fulfill their passion. The Sharks were impressed with the company’s customizable fantasy sports trophies and its potential for growth.

Mark Cuban made a deal with Trophy Smack, and the company experienced significant growth after the show.

The company’s trophy sold $1 million in just one month after appearing on Shark Tank. Trophy Smack’s steady growth and economic business model are expected to increase its profit and reach two-fold soon.

Did Trophy Smack Get A Deal On Shark Tank?

Yes, Trophy Smack did get a deal on Shark Tank. Mark Cuban made a deal with the company after the pitch. The company was valued at $7.5 million during the pitch, and after the deal with Mark Cuban, the company was valued at $3.5 million.

The founders of Trophy Smack, Matt Walsh and Dax Holt, asked for $600,000 in return for 8% equity. The company experienced significant growth after appearing on Shark Tank, with its trophy selling $1 million in just one month.

What Happened To After Its Appearance At The Shark Tank?

After appearing on Shark Tank and landing a deal with Mark Cuban, Trophy Smack experienced significant growth. Its trophy sold $1 million in just one month after the show. The company’s net worth is estimated to be around $3.5 million after the investment from Mark Cuban.

Trophy Smack is expected to increase its profit and reach two-fold soon due to its steady growth and economic business model. The company specializes in producing unique trophies and championship belts for a variety of sports, including football, martial arts, and others.

Trophy Smack’s founders, Matt Walsh and Dax Holt, are passionate about fantasy sports and started the company to fulfill their passion.

What is their offer at Shark Tank?

They were seeking for $600,000 for a 5% interest in their company, which is valued at $7.5 million.

Did they get an offer?

Yes, they received an offer from Mark Cuban.

What was the offer?

They offer $600,000 for 17% ownership at valuation of $3.5 million.

What is the Net worth of Trophy Smack?

The company was valued at $7.5 million during the Shark Tank pitch and after the Mark Cuban’s transaction the company valued at $3.5 million and since then they have makes several sales which has make the valuation of the company to increase in 2021.

Is still in business?

Yes, the company is still in business, and they still selling their products.

What is the Business Model?

The company has trophies, championship belts, rings, and other similar rewards that flex the names of the leagues as well as the victors by applying the technique of Laser Engraving.

What Are Their Products?

The main product is trophies, which come in 1000 different fantasy trophy combinations with swappable tops.

How many employees does Trophy Smack have?

They have more than 20 employees as of July 2021.

What happened to them after their shark tank appearance?

The company is doing well in business; the company has annual revenue is $1 million as of July 2021.

Who are the competitors?

Competitors like Trophy Rush, Trophy Kids, Souvenir Trophies, and more.

Is it profitable?

Yes, the company is profitable as of July 2021.

How does it make money?

The company makes money by selling the trophies to various events.

What is their strategy to grow?

They want to expand their business outside the US by doing more aggressive advertising campaigns.

How do I contact?

Anyone who is interested in Trophy Smack can contact Matt Walsh via trophysmack@gmail.com.

Is any opportunity?

Yes, the opportunity is still open and there will be more opportunities.

Is Trophy-A-Bration related to Trophy Smack?

No, Trophy Smack is not related with Trophy-A-Bration, but they both have similar products.

Where are their head offices?

They have head office in California, United States.

When they started their business?

They started their business in 2017.

Is it legit?

Yes, it is legit and the opportunity is still open.

Is Trophy Smack any good?

Yes, Trophy Smack is amazing and it is very unique.

How many products do they have?

They have more than 1000 different products as of July 2021.

What kind of team do they have?

They have a great team as of July 2021.

What is the reputation of Trophy Smack?

The reputation of the company is excellent as of July 2021.

What is the marketing strategy?

The marketing strategy is aggressive advertisement.

How does Trophy Smack do their advertising?

The company does it via social media, TVs, internet and more.

Where did the idea of the company come from?

The idea came from a popular sport, football.

What is their mission?

Their mission is to provide affordable trophies of high quality.

What is the net worth of Matt Walsh?

The net worth of Matt Walsh is estimated at $4 million.