Springer Pets, based in Texas, is a pet bottle brand specializing in crafting drinking water bottles for dogs. Established in 2021, the company is dedicated to inventing beautiful and sustainable products.
Designed specifically for dogs, this bottle ensures that dogs can drink water without any hassle. The upper part of the bottle is designed like a cup, allowing dogs to drink water easily using their tongues and preventing any water drops from spilling.
The travel bottle is available in three variants – Mini, Classic, and Growler. In terms of colors, it comes in Green, Blue, Pink, Red, and more.
| Company Name | Springer Pets |
| Founder | Diana Ross and Shannon Ross |
| Founded | 2021 |
| Product | For the dog who’s always game. |
| Asked For | $400k for 6% Equity |
| Final Deal | $400k for 10% Equity + preferred stock |
| Shark | Lori Greiner |
| Episode (Shark Tank USA) | S13 E23 |
| Air Date | May 13, 2022 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Austin, Texas, United States |
| Lifetime Worth (Sales) | $4.5M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Did Springer Pets Get a Deal on Shark Tank?
Mark declined to invest in the business. Daymond withdrew from the business funding deal without providing extensive reasons or excuses.
Robert acknowledged the product’s quality but expressed concern that the requested investment amount didn’t match its sales performance. As a result, he chose to withdraw from the deal for this reason.
Kevin presented an offer: he proposed paying $400,000 for a 3% equity stake in Schmuck Insurance, contingent upon the product being sold. Additionally, he suggested paying $3 per unit sold and a return of $400,000 back.
Lori’s offer was to provide $400,000 in exchange for a 10% equity stake and the company’s preferred stock. She also offered to assist the company with distribution as part of the deal. However, when the founder made a counteroffer of 8%, Lori did not accept it.
Springer Pets Shark Tank Update
After being featured on Shark Tank, the company experienced a fourfold increase in monthly sales. This innovative product has captured the attention of dog lovers, driving them to purchase it for their furry companions.
This company has launched new products such as leashes, sling bags, dog collars, and more. The majority of their sales occur through Amazon, with additional sales made through retail stores nationwide.
What Is the Net Worth of Springer Pets?
Springer Pets’ estimated net worth is $1 million. This data is based on the company’s current valuation and sales data.
Currently, more than 10 people work at this company. In addition to providing employment opportunities, the company also makes donations to support environmental conservation efforts.
