What happened to Shed Defender after Shark Tank Season 10? Shed Defender, the dog onesie company, successfully secured a deal with Lori Greiner on Shark Tank Season 10 for $250,000 and 25% equity. Although the deal ultimately fell through, the company continued to thrive. They expanded their product line beyond the original onesie and achieved annual revenue exceeding $1 million. Shed Defender products are available on their website, Amazon, Walmart, and PetSmart.
Summary
- Shed Defender, a dog onesie designed to contain shedding, appeared on Shark Tank Season 10.
- Founders Tyson and Miles Walters secured a deal with Lori Greiner for $250,000 and 25% equity.
- Despite the deal not being finalized, the company continued to grow and expand its product line.
- Shed Defender products are now available on various platforms, including their website, Amazon, Walmart, and PetSmart.
- The company remains successful, with annual revenue exceeding $1 million.
Shed Defender Dog Onesie Shark Tank Update | Shark Tank Season 10
Dog owners know the struggle. No matter how much you brush and groom your furry friend, those pesky little hairs seem to end up everywhere.
On your clothes, furniture, and even in your morning coffee! Dog shedding is a common problem that can be a real nuisance, especially for those with allergies or those who simply prefer a cleaner home.
Shed Defender: A Solution for Pet Owners
Enter Shed Defender, the innovative dog onesie designed to tackle the shedding problem head-on.
This lightweight, breathable garment acts as a barrier, keeping loose fur contained while still allowing your dog to shed naturally.
It’s a simple yet effective solution that promises to save pet owners time and frustration. But how did this unique product fare when it faced the scrutiny of the Sharks on Shark Tank? Let’s dive in.
Shed Defender on Shark Tank
1. The Pitch
Entrepreneurs | Tyson Walters and Miles Walters |
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Business | Shed Defender – Dog onesie to prevent shedding |
Ask | $250,000 for 10% equity |
Deal | $250,000 for 25% equity |
Sharks | Lori Greiner |
Season – Episode | Season 10, Episode 2 |
Original Air Date | October 14, 2018 |
Website | Shed Defender |
Key Points of Pitch |
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Why Sharks Accepted |
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2. Initial Success and Impressive Sales Figures
The Sharks were immediately intrigued by Shed Defender’s impressive sales figures.
In just 18 months, the company had generated $1.2 million in revenue, selling approximately 25,000 units primarily through their website and Amazon.
This early success, coupled with healthy profit margins of nearly 80%, painted a promising picture for the company’s future.
3. Shark Tank Offers and Lori Greiner’s Deal
Several Sharks expressed interest in Shed Defender, recognizing the potential of the product. Kevin O’Leary and Robert Herjavec both offered $250,000 for a 33.3% stake in the company.
However, it was Lori Greiner who ultimately secured the deal, offering $250,000 for 25% equity.
The entrepreneurs, Tyson and Miles, were thrilled to partner with the “Queen of QVC,” hoping to leverage her expertise and connections to take Shed Defender to new heights.
Shed Defender After Shark Tank
1. Deal with Lori Greiner Falls Through
While the Shark Tank episode showed Tyson and Miles striking a deal with Lori Greiner, things didn’t go exactly as planned.
Ultimately, the deal fell through after the show aired. Both parties decided it wasn’t the right fit, likely due to differences in their visions for the product’s distribution and marketing.
2. Continued Growth and Expansion
Despite the setback with Lori, Shed Defender continued to thrive. The company’s annual revenue climbed to over $1 million, demonstrating the strong demand for their innovative solution to dog shedding.
They expanded their product line beyond the original onesie, introducing new offerings to cater to a wider range of needs and preferences.
3. Product Availability and New Offerings
Today, Shed Defender products are readily available to customers through various channels. You can find them on the company’s website, Amazon, Walmart, and even in select PetSmart stores.
This expanded availability has made it easier than ever for dog owners to get their paws on the shedding solution.
In addition to the original Shed Defender onesie, the company now offers a variety of dog apparel and accessories. These include:
- Recovery suits: Designed to help dogs heal after surgery or injury, these suits provide comfortable coverage and prevent licking or scratching.
- Cooling vests: Perfect for keeping dogs cool during hot weather, these vests utilize evaporative cooling technology to provide relief from the heat.
- Leashes and collars: Shed Defender also offers a range of stylish and functional leashes and collars to complement their other products.
By diversifying their product line, Shed Defender has solidified its position as a leader in the pet apparel industry, providing practical and innovative solutions for dog owners everywhere.
Shed Defender’s Mission and Impact
1. Giving Back to Animal Shelters and Rescues
Shed Defender is committed to making a positive impact on the lives of dogs beyond just offering helpful products.
They actively support animal shelters and rescues by donating a portion of their monthly sales.
This generosity helps provide essential resources and care to dogs in need, finding them loving homes and improving their overall well-being.
2. Positive Customer Reviews and Testimonials
Shed Defender has garnered a loyal following of satisfied customers who rave about the benefits of their products.
Many pet owners praise the effectiveness of the onesies in reducing shedding and keeping their homes cleaner.
Others appreciate the calming effect the suits have on anxious dogs, providing a sense of security and comfort.
These positive reviews and testimonials demonstrate the real-world impact Shed Defender has had on improving the lives of dogs and their owners.
The Future of Shed Defender
Shed Defender has come a long way since its appearance on Shark Tank. Despite the deal with Lori Greiner falling through, the company has continued to innovate and grow.
Their commitment to providing high-quality, practical solutions for dog owners, combined with their dedication to giving back to the animal community, has positioned them for continued success.
In the future, we can expect to see Shed Defender expand its product line even further, offering new and improved solutions to meet the evolving needs of pet owners.
Their focus on customer satisfaction and animal welfare will likely remain at the forefront of their business, ensuring that Shed Defender continues to be a trusted name in the pet industry for years to come.
FAQs
What is Shed Defender?
Shed Defender is a company that makes dog onesies and other apparel designed to reduce shedding, provide comfort, and aid in recovery.
Where can I buy Shed Defender products?
Shed Defender products are available on their website, Amazon, Walmart, and in some PetSmart stores.
How effective is Shed Defender at reducing shedding?
Many customers report a significant reduction in shedding when using Shed Defender products. The snug fit of the onesie helps contain loose fur, preventing it from spreading around your home.
Are Shed Defender products comfortable for dogs?
Yes, Shed Defender products are made from lightweight, breathable fabrics that allow for freedom of movement. They are also designed to be easy to put on and take off.
Does Shed Defender offer different sizes?
Absolutely! Shed Defender offers a wide range of sizes to ensure a comfortable fit for dogs of all breeds and sizes.
What other products does Shed Defender offer?
In addition to the original shedding onesie, Shed Defender offers recovery suits, cooling vests, leashes, and collars.
Does Shed Defender give back to the community?
Yes, Shed Defender donates a portion of their monthly sales to animal shelters and rescues.
The Bottom Line
Shed Defender is a company that has found success by addressing a common problem for dog owners: shedding. Their innovative onesies and other pet apparel offer practical solutions for keeping homes cleaner and dogs comfortable.
While their Shark Tank deal didn’t pan out, the company has continued to grow and thrive. With a commitment to quality, customer satisfaction, and animal welfare, Shed Defender is a brand that pet owners can trust.