GolfKicks, founded in 2018 by Tyler Stuart, John Krosky, and Matt Mockus, specializes in manufacturing golf spikes that can be attached to any sports shoe or sneaker. The founders aimed to revolutionize golf footwear by using popular shoes like Chucks and Jordans.
After creating their first prototype, they launched a Kickstarter campaign in May 2018 with a goal of $15,000, successfully raising $15,147. They refined the product based on user feedback and released the final version, the 5th-Gen, later that year. They also raised $1,610 through an Indiegogo campaign.
Tyler Stuart and John Krosky pitched GolfKicks on Shark Tank Season 11, Episode 5, seeking $300,000 for 8% equity at a $3.7 million valuation. Based in Denver, the company focuses on sports goods manufacturing. GolfKicks spikes allow users to convert sneakers into golf shoes and can also be used for baseball, football, and softball.
A GolfKicks V5 Traction Kit costs $54.99 and includes up to 8 spikes per pair of shoes. The products are available for purchase on Amazon and the company’s website.
| 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 |
| Website | Visit Website |
| Headquarters | Denver, Colorado, United States |
| Lifetime Worth (Sales) | $6.5M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Another Shark Tank Pitch
How Was The Shark Tank Pitch Of GolfKicks?
Tyler Stuart and John Krosky appeared on Shark Tank, seeking $300,000 for 8% equity in their business, GolfKicks. They reported impressive sales figures of $120,000 over the past three months and projected sales of $1 million by the end of the year.
Lori Greiner, known for her interest in golf, offered a $300,000 loan at 8% interest in exchange for 5% equity plus a $2 royalty per unit until the loan was repaid.
Mark Cuban expressed strong interest and made an offer of $300,000 for 15% equity. The founders accepted Cuban’s offer.
Finalized: Mark Cuban invested $300,000 in GolfKicks for a 15% equity stake in the company.
What Happened To GolfKicks Now After Shark Tank?
Following its feature on Shark Tank, GolfKicks saw a surge in popularity among golf enthusiasts, resulting in high sales through platforms like Amazon and their official website.
To broaden their reach, GolfKicks launched extensive social media campaigns on platforms such as Instagram and TikTok, engaging a global community of golf players, including profiles like @omochi___golf and @rewilded_reselling.
According to Crunchbase, GolfKicks secured $550,000 in funding from November 2018 to 2020. They then raised $131,363 through a crowdfunding campaign on Republic in September 2021, and an additional $100,000 in March 2023.
By May 2023, GolfKicks had achieved an impressive $4 million in annual revenue, driven by the rapid sell-out of their inventory following their Shark Tank appearance—a significant milestone for the company. Their innovative golf spike product continues to resonate well with consumers.
We will continue to monitor Tyler Stuart, John Krosky, and Matt Mockus, along with their company, for further updates.
What Is the Net Worth of GolfKicks?
GolfKicks’ current valuation is estimated at $4.5 million, an increase from their initial valuation of $2.3 million when they secured a deal with Mark Cuban on Shark Tank. The global market for golf shoes was valued at approximately USD 953.9 million in 2022.
Media reports suggest that the industry could grow to USD 1,080.5 million by 2028, indicating significant potential for expansion in the coming years.
Yes, GolfKicks is still in business as of July 2024.
