Yes, Locker Board is still in business. The company continues to operate and has made significant strides since its inception, including securing a notable deal on the popular television show Shark Tank and entering into a strategic licensing agreement.
Locker Board's Journey and Continued Operation
Locker Board, known for its compact skateboards designed to fit into lockers and backpacks, was founded by young entrepreneur Carson Kropel. His innovative idea, supported by his mother, Carrie, caught the attention of investors.
Shark Tank Appearance
Locker Board gained significant national exposure when Carson and Carrie appeared on Shark Tank Season 9. Their pitch successfully landed a deal with guest shark Richard Branson. This investment provided crucial capital and mentorship, aiding the company's growth and market reach.
| Aspect | Detail |
|---|---|
| Founder(s) | Carson Kropel, Carrie Kropel (Mother) |
| Season Appeared | Season 9 |
| Guest Shark | Richard Branson |
| Investment Secured | $65,000 for a 20% equity stake |
Strategic Licensing with Wham-O
Demonstrating its ongoing business activity and strategic expansion, Locker Board entered into a licensing agreement with Wham-O in March 2020. Wham-O is a renowned American toy company known for iconic products like the Frisbee and Hula Hoop. This partnership allows for broader distribution and manufacturing capabilities, further solidifying Locker Board's presence in the market.
Through these strategic moves and continuous operations, Locker Board remains an active company in the skateboard industry.
