Dog Threads Shark Tank Update (Season 11)

Dog Threads is a clothing company that designs matching outfits for dogs and their owners. Founded in 2014 by Scott Davis and Gina Davis, who are residents of Minneapolis, the company reflects their love for dogs.

On July 4, 2014, Davis was searching for unique and humorous Hawaiian shirts for their dog, Thomas, but couldn’t find any of good quality. Gina Davis, a fashion designer, decided to create a shirt for Thomas herself.

After designing the first shirts, many people began asking where they could purchase them. This prompted Scott and Gina to officially start their business in 2014, and they quickly gained traction through social media.

Scott Davis and Gina Davis appeared on Shark Tank Season 11, Episode 7, seeking $250,000 for a 17% equity stake at a $3.5 million valuation.

Dog Threads is a Minnesota-based premium clothing brand that offers matching apparel for dogs and their owners. Their product lines include BBQ shirts, hoodies, pajamas, sweaters, and more, all available for sale on their official website.

Company Name	Dog Threads
Founder	Scott Davis and Gina Davis
Founded	2014
Product	Premium clothing line for dogs and their owners.
Asked For	$250k for 17% equity
Final Deal	$250k for 30% equity
Shark	Mark Cuban
Episode (Shark Tank USA)	S11 E7
Air Date	Nov 10, 2019
Business Status	In Business
Website	Visit Website
Headquarters	Minneapolis, Minnesota, United States
Lifetime Worth (Sales)	$1.6M *estimated
Buy and Watch	Buy Now	Amazon Prime

Another Shark Tank Pitch

• The Measuring Shovel
• Supply Co
• Baubles + Soles
• EZC Pak

Who Is The Founder Of Dog Threads?

The founders of Dog Threads are husband and wife Scott Davis and Gina Davis. They started the company in 2014.

Gina Davis

Gina is a fashion designer. After completing her fashion design studies at FIDM, she worked with several agencies and companies, including Parc Boutique and Tess+Tricia. She is now self-employed and runs her own business.

How Was The Shark Tank Pitch Of Dog Threads?

After appearing on Shark Tank, Scott and Gina Davis explained their business to the Sharks. To expand their business, they sought $250,000 for a 17% equity stake.

Since November 2014, they have achieved $750,000 in sales. Last year, they generated $196,000 in sales and are projected to reach $240,000 this year.

They started the business with $500 and have grown by reinvesting their profits. While all the Sharks initially passed, Mark Cuban showed interest and offered $250,000 for a 30% equity stake.

Kevin O’Leary attempted to make an offer as well, but Mark Cuban indicated that his offer was available for a limited time. The Davises countered with $250,000 for a 25% equity stake, and Mark agreed to this offer.

Dog Threads Shark Tank Update

After receiving funding from Shark Tank, Dog Threads saw a significant increase in sales, reaching thousands of dollars within a few weeks. Many dog owners purchased from their clothing line.

In April 2021, Justin Bieber shared an Instagram story featuring his dog, @oskietheposkie, both wearing matching Hawaiian shirts from Dog Threads.

Following the Shark Tank episode, the business continued to thrive. Although detailed current sales figures are not available, the company’s performance remains strong.

We are continuing to follow Scott Davis, Gina Davis, and their company for further updates.

What Is the Net Worth of Dog Threads?

Dog Threads is currently estimated to be worth $2.5 million. The company, which has been operating since 2014, remains active as of 2023. Approximately 66% of households in the United States own a pet dog, equating to around 86.9 million households.

Since its inception in 2014, Dog Threads has generated millions of dollars in revenue. The company’s headquarters is located in Minneapolis, Minnesota, and it employs 5 to 10 people, according to its LinkedIn profile.

Yes, Dog Threads are still in business as of June 2023.