Locker Board Net Worth: Is $1-2 million?
Locker Board, founded by entrepreneur Carson Kropfl in 2016, has transformed the skateboarding industry with its compact and eco-friendly designs. The company gained major recognition after appearing on ABC’s “Shark Tank” in 2017, where it impressed investors and secured a $65,000 investment from Sir Richard Branson. In exchange for a 20% equity stake, Branson provided valuable guidance, propelling Locker Board’s growth.
Known for offering innovative skateboards that combine sustainability and portability, the brand continues to thrive, appealing to a wide range of skateboard enthusiasts. Through creative designs and strategic partnerships, Locker Board has cemented itself as a standout in the skateboarding world.
Personal Details of Carson Kropfl
| Key Information | Details |
|---|---|
| Full Name | Carson Kropfl |
| Date of Birth | 2005 |
| Place of Origin | San Clemente, California, USA |
| Profession | Entrepreneur, Founder of Locker Board |
| Company Type | Private |
| Key Investor | Sir Richard Branson |
Net Worth Overview
He is valued at approximately $3 million, a significant increase since its founding. The company’s growth can be attributed to its innovative skateboard designs, which emphasize portability and eco-friendliness. Locker Board gained widespread attention after appearing on ABC’s “Shark Tank,” securing a valuable investment from Sir Richard Branson. The partnership provided essential resources and mentorship, contributing to the brand’s success.
Additionally, the company entered a strategic licensing agreement with Wham-O, enhancing product distribution and expanding its reach. With these key partnerships and its commitment to unique, sustainable products, He has built a strong presence in the skateboard industry, making it a rising player in the market.
Growth and Expansion
Post-Shark Tank Success
Following its appearance on “Shark Tank,” Locker Board experienced a 300% increase in sales, selling over 1,000 skateboards. The partnership with Sir Richard Branson provided valuable mentorship and resources, propelling the company’s expansion.
Licensing Agreement with Wham-O
In 2020, at the age of 14, Carson Kropfl secured a licensing deal with toy company Wham-O to produce and distribute Locker Board products. This agreement allowed Locker Board to leverage Wham-O’s manufacturing and distribution capabilities, significantly increasing product availability and market reach.
Financial Milestones
- 2025: Estimated net worth of $3 million.
- 2017: Secured a $65,000 investment from Sir Richard Branson on “Shark Tank.”
- 2020: Entered into a licensing agreement with Wham-O.
Conclusion
Locker Board has transformed from a local startup into a nationally recognized brand, showcasing the power of innovation and strategic partnerships. Founded by Carson Kropfl in 2016, the company gained significant attention after appearing on “Shark Tank” in 2017, securing a $65,000 investment from Sir Richard Branson. Since then, Locker Board has expanded its reach with a licensing deal with Wham-O, boosting its production and distribution. Known for its sustainable, compact skateboards, Locker Board appeals to eco-conscious consumers and skateboard enthusiasts alike.