GolfKicks is a business founded in 2018 by Tyler Stuart, John Krosky, and Matt Mockus, specializing in manufacturing golf spikes that can be attached to any sports shoe or sneaker. The idea came from their desire to revolutionize golf footwear by using popular shoes like Chucks and Jordans.
After creating their first prototype, they launched a crowdfunding campaign on Kickstarter in May 2018 with a goal of $15,000, successfully raising $15,147. They further refined the product based on user feedback and launched the final version, 5th-Gen, the same year. Additionally, they 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. The company, based in Denver, specializes in sports goods manufacturing. Their GolfKicks spikes allow users to convert sneakers into golf shoes, as well as for use in baseball, football, and softball.
A Two GolfKicks V5 Traction Kit costs $54.99 and can accommodate 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 disclosed impressive sales figures of $120,000 in the last 3 months and projected sales of $1 million by year-end.
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 is 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 experienced a surge in popularity among golf enthusiasts, leading to high sales through platforms like Amazon and their company website.
To expand their reach, GolfKicks launched extensive social media campaigns on platforms such as Instagram and TikTok, attracting 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, and later raised $131,363 through a crowdfunding campaign on Republic in September 2021. In March 2023, they raised an additional $100,000.
By May 2023, GolfKicks had achieved an impressive $4 million in annual revenue, bolstered by the rapid sell-out of their inventory soon after their Shark Tank episode aired—a significant milestone for the company. Their innovative golf spike product continues to resonate well with consumers.
We 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, following their successful deal with Mark Cuban on Shark Tank, originally valued at $2.3 million. The global market for golf shoes is substantial, reaching an estimated worth of 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.
