Cat Amazing is a toy manufacturer for cats, producing a variety of activity toys made from cardboard. The company offers three types of toys: Classic, Sliders, and Mega. All these products are durable, with prices varying by size: $15.92 for Classic, $27.95 for Sliders, and $35.95 for Mega.
Company Name | Cat Amazing |
Founder | Andrey Grigoryev |
Founded | 2011 |
Product | line of interactive puzzle feeders to keep cats entertained |
Asked For | $200k for 10% equity |
Final Deal | $200k for 22% equity + 5% of each will go to cat shelter Charity |
Shark | Lori Greiner |
Episode (Shark Tank USA) | S13 E20 |
Air Date | April 15, 2022 |
Business Status | In Business |
Website | Visit Website |
Headquarters | Fort Lee, New Jersey, United States |
Lifetime Worth (Sales) | $2.5M *estimated |
Go To Amazon | Buy Now |
Watch On | Amazon Prime |
Another Shark Tank Pitch
Andrey Grigoryev is the founder and CEO of Cat Amazing. He started the company in 2011. Before this venture, he worked at various companies, including Hertz and Conversocial.
How Was The Shark Tank Pitch Of Cat Amazing?
Andrey Grigoryev asked the sharks for $200,000 in exchange for 10% equity in Cat Amazing. He explained his business to the sharks, detailing how he started the venture and the role his pets played in its development.
Running this business as a hobby from 2011 to 2017, it generated $20,000 in revenue each year. In 2017, Andrey quit his six-figure job and earned $34,000 from the business. Sales saw a significant increase in 2018, reaching over $300,000, and continued to climb, reaching $420,000 in 2019 and $550,000 in 2020. For 2022, the company is on track to achieve $720,000 in sales.
The landed cost of the product ranges from $4 to $9, while the selling price ranges from $16 to $30. Most sales come from Amazon.
Kevin O’Leary offered $200,000 for a royalty of $2 per unit sold until $200,000 is repaid, after which the royalty drops to $1 per unit indefinitely. Robert Herjavec matched O’Leary’s offer.
Daymond John proposed $200,000 for 25% equity. Andrey countered with $200,000 for 10% equity plus 10% of the equity to a cat shelter charity.
Lori Greiner offered $200,000 for 22% equity. Andrey countered with $200,000 for 22% equity plus 5% of each sale to a cat shelter charity.
Finalized: Lori Greiner invested $200k in exchange for 22% equity in Knife Aid + 5% of each will go to cat shelter Charity.
Cat Amazing Shark Tank Update
According to some media sources, the revenue of Cat Amazing reached $6 million in 2022. The company’s products are selling very well on Amazon. Recently, the brand launched a new product line: Mega Puzzle Cat Condos.
We’re following Andrey Grigoryev and his company for further updates.
What Is The Net Worth of Cat Amazing?
The estimated net worth of Cat Amazing is $2 million, based on the company’s lifetime sales and current valuation. Most of the company’s sales come from Amazon, where 55% of customers have given the product a 5-star rating.