What Happened To GolfKicks Now After Shark Tank?
GolfKicks After Shark Tank Update: GolfKicks is a business that manufactures golf spikes and their spikes attack any sport shoe and sneaker. This product has been invented to take Kicks Industries to a next level. One day these three friends came up with the idea that golf shoes are too boring, why not use shoes like Chucks and Jordans for golf shoes.
After making the first prototype, they launched a $15,000 goal crowdfunding campaign on Kickstarter in May 2018. They were able to raise $15,147 from this campaign.
Keeping in mind the user’s feedback, they improved the product and launched the final product 5th-Gen in the market. The same year they raised $1,610 by launching a campaign on Indiegogo.
What Is GolfKicks?
GolfKicks is a Denver Base Sport Goods Manufacturer Company. Their product golf spikes turn any sneaker into a golf shoe, baseball, football, softball.
You can put maximum 8 spokes in the shoes. The cost of the Two GolfKicks V5 Traction Kit is $54.99. You can buy these products from Amazon or company website.
Who Is The Founder Of GolfKicks?
GolfKicks was founded in 2018 by Tyler Stuart, John Krosky and Matt Mockus. Matt and Tyler are childhood friends and grew up together. Tyler founded several companies after studying journalism at the University of Colorado Boulder, including Format Dynamics, HANDLL and more.
Matt is the co-founder of this company as well as the President of ifficient. After studying marketing, he worked as a sales manager in many companies, including Topica and RedSail Media.
GolfKicks Shark Tank Update
| Company Name | GolfKicks | |
| Founder | Tyler Stuart, John Krosky and Matt Mockus | |
| Founded | 2018 | |
| Product | addable traction for sneakers | |
| Asked For | $300K for 8% equity | |
| Final Deal | $300k for 13% equity | |
| Shark | Mark Cuban | |
| Episode (Shark Tank USA) | S11 E5 | |
| Air Date | Oct 27, 2019 | |
| Business Status | In Business | |
| GolfKicks Net Worth | $4.5M *estimated | |
| Headquarters | Denver, Colorado, United States | |
| GolfKicks Instagram | View Profile | |
| GO TO AMAZON | Buy Now | |
Also Read This: What Happened To Do Amore After The Shark Tank?
GolfKicks on Shark Tank Pitch
Tyler Stuart and John Krosky both entered Shark Tank and asked the sharks for $300k for 8% equity. They told Shark they made $120,000 in sales in the last 3 months and are projecting to do $1 million by the end of the year.
Lori Greiner loves golf, offered $300k as a loan at 8% intrest for a 5% equity + a royalty of $2 per unit sold until loan is repaid.
Mark Cuban really liked the product and offered $300k for 15% equity. The founders agreed to this offer.
GolfKicks Net Worth
GolfKicks’ current worth is estimated at $4.5 million. In Shark Tank, Mark Cuban signed a deal with this company at a valuation of $2.3 million. The size of the global golf shoes market is huge, it was estimated to be worth USD 953.9 million in 2022.
According to some media sites, the growth of this industry can be up to USD 1080.5 million by 2028.
Is GolfKicks Still In Business?
Yes, GolfKicks is still in business as of May 2023.
This business was started in 2018 and now the annual revenue of this company is in million of dollars. In the present time, the growth of this company is happening slowly.
The current headquarter of this company is in Denver, Colorado, United States and it employs 2-10 employees as per their LinkedIn profile.
FAQs
GolfKicks was founded by Tyler Stuart, John Krosky and Matt Mockus.
GolfKicks’ current worth is estimated at $4.5 million.
Yes, GolfKicks is still in business as of May 2023.
Table of Contents
