PaddleSmash is an exciting new game that combines elements of Pickleball and Spikeball. It includes a net system, a foldable court, paddles, and two balls, making it suitable for 2 to 4 players.
Each match lasts approximately 15 minutes, and the game is priced at $199.99. You can purchase PaddleSmash from Amazon, sports retail stores like Dick’s Sporting Goods, Scheels, and Academy Sports + Outdoors, or directly from the company’s website.
| Company Name | PaddleSmash | |
| Founder | Tim Swindle, Scott Brown and Joe Bingham | |
| Founded | 2022 | |
| Product | New Outdoor Game | |
| Asked For | $250k for 10% equity | |
| Final Deal | $250k for 20% equity | |
| Shark |  Mark Cuban |  Robert Herjavec |
| Episode (Shark Tank USA) | S15 E4 | |
| Air Date | Oct 20, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Alpine, Utah, USA | |
| Lifetime Worth (Sales) | $1M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of PaddleSmash?
The co-founders of PaddleSmash are Tim Swindle, Scott Brown, and Joe Bingham, who invented the game.
How Was The Shark Tank Pitch Of PaddleSmash?
Tim Swindle and Scott Brown entered Shark Tank seeking $250,000 for 10% equity in PaddleSmash, explaining their game product, which was invented by Joe Bingham. Tim and Scott have made a royalty deal with Joe, who receives a 5% royalty on net sales. The product has a landed cost of $55 and is sold for $200.
In just nine months, they generated $700,000 in sales and sought funding for social media marketing and inventory. Kevin O’Leary quickly offered $250,000 for 20% equity, valuing the business at $1.2 million. Mark Cuban and Robert Herjavec teamed up to make a similar offer.
The founders countered with $500,000 for 20% equity at a $2.5 million valuation, but Mark refused. Kevin then raised his offer to 15% equity. When asked if they would match Kevin’s offer, Mark declined.
Ultimately, Tim and Scott accepted the offer from Mark and Robert.
PaddleSmash Shark Tank Update
PaddleSmash secured a deal on Shark Tank with Mark Cuban and Robert Herjavec investing together in the company. Following the show, PaddleSmash received a strong response, leading to many purchases of this new game.
The founders initially sought investment at a $2.5 million valuation but ended up receiving $250,000 at a $1.2 million valuation. The company’s profit margin is notably high, indicating strong potential for growth. To further expand the business, an effective marketing strategy will be essential.
What Is PaddleSmash Net Worth?
Monosuit’s net worth is estimated at $0.5 million. This new game combines elements of pickleball and Spikeball, and it has quickly gained popularity in Utah. Monosuit can be played in small spaces, making it a great option for family fun.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2023 | $200k *estimated |
| 2022 | $500k *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2023 | $250k | Mark Cuban Robert Herjavec |
Founded in 2021, the company has achieved impressive sales within a short time of its launch, reaching millions of dollars. The headquarters is located in Alpine, Utah, and the team consists of 2 to 10 employees.
