Walkee Paws Shark Tank Update (Season 12)

Walkee Paws offers the world’s first leggings and booties designed for dogs, providing comprehensive protection for their paws.

The leggings cover all four paws and secure around the dog’s back, with a loose fit around the ankles and made from stretchy rubber. They are designed to protect dogs’ paws from rain, mud, and other environmental elements.

The product features water-resistant and lightweight materials, capable of withstanding various weather conditions such as rain and snow.

The waterproof booties are crafted from natural rubber, ensuring that dogs can walk comfortably and naturally. Additionally, if the leggings become dirty, they are machine washable for easy maintenance.

Walkee Paws is available in five sizes—Extra Small, Small, Medium, Large, and Extra Large—to accommodate different dog sizes and shapes.

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Did Walkee Paws Get a Deal on Shark Tank?

Lisa Baronoff, the founder of Walkee Paws, appeared on Shark Tank seeking $150,000 for 5% equity in her company, which was valued at $3 million. Lisa shared that she launched the company in December 2018 and achieved $64,000 in sales in its first year.

By 2019, sales had surged to $542,000, with 54% of revenue coming from Amazon. She projected reaching $1 million in sales by 2020.

Lisa highlighted her intellectual property, including a granted utility patent, three design patents, and one pending patent. Despite her impressive sales figures and growth potential, the Sharks had mixed reactions.

Daymond John expressed concerns about the long-term return on investment, suggesting it would take eight years to recoup his money. Mark Cuban, while acknowledging Lisa’s progress, chose not to invest. Barbara Corcoran and Lori Greiner also opted out.

Kevin O’Leary made two offers: $150,000 for 5% equity with a $2.70 per unit royalty until he recouped $150,000, then a reduced royalty of $0.50 per unit in perpetuity, or $150,000 for 20% equity. Lisa declined both offers, and ultimately, none of the Sharks invested in Walkee Paws.

Walkee Paws Shark Tank Update

Although Walkee Paws did not secure a deal on Shark Tank, the brand experienced a notable boost in sales shortly after the episode aired. The product, designed specifically for dog lovers, saw increased popularity, aligning with Lisa Baronoff’s projection of reaching $1 million in sales by 2020.

The positive response on Amazon, including customer reviews, suggests that the product resonated well with consumers.

Lisa had also set a goal to double her sales to $2 million by July 2021. While there is no specific data confirming whether this target was met, the company’s media appearances on NBC, The Dodo, and Good Morning America likely contributed to its visibility and growth.

Walkee Paws maintains a professional online presence, with a well-designed website and a growing Instagram following of 16.6k. This exposure and engagement continue to support the brand’s expansion and success.

What Is The Walkee Paws Net Worth?

Walkee Paws is estimated to have a net worth of $1.5 million. Despite not securing a deal on Shark Tank, the brand has achieved substantial success and growth. The increase in sales, media coverage, and strong online presence have significantly contributed to its valuation.