Dog Threads is a clothing company that designs matching clothing for dogs and owners. The company was founded in 2014 by Scott Davis and Gina Davis, residents of Minneapolis. Their family is a dog lover and they love their dogs very much.
On the 4th of July 2014, Davis was looking for funny and unique Hawaiian shirts for their dog Thomas, but They couldn’t find any good quality shirts. Gina Davis is a fashion designer and decided to design a shirt for Thomas.
After designing the first shirts many people started asking them, where they bought these shirts. They officially started their business in 2014 and they started getting a lot of sales through social media.
Scott Davis and Gina Davis appear on Shark Tank Season 11 Episode 7 for funding and ask for $250,000 for 17% equity at a $3.5 Million Valuation.
What Is Dog Threads?
Dog Threads is a Minnesota-based premium clothing brand that creates matching clothing for dogs and their owners.
They have clothing lines of different ala varieties like BBQ Shirts, Hoodies, Pajamas, Sweaters, and many more. These products are available for sale on the official website.
|Scott Davis and Gina Davis
|Premium clothing line for dogs and their owners.
|$250k for 17% equity
|$250k for 30% equity
|Episode (Shark Tank USA)
|Nov 10, 2019
|Minneapolis, Minnesota, United States
|Lifetime Worth (Sales)
|Buy and Watch
Another Shark Tank Pitch
Who Is The Founder Of Dog Threads?
The founder of Dog Threads Company is Husband and Wife Scott Davis and Gina Davis. In 2014 they started this manufacturing business.
Gina is a fashion designer, after completing her fashion design studies at FIDM, she worked in many agencies and companies like Parc Boutique, and Tess+Tricia. Now she is self-employed and she is doing her own business.
How Was The Shark Tank Pitch Of Dog Threads?
After entering the Shark Tank, Scott and Gina Davis explained their business to the sharks. To expand the business, they asked Sharks for $250k for 17% equity.
They have completed $750,000 in sales since November 2014. Last year they did $196,000 in sales and this year they are projected to do $240,000 in sales.
They started the business with $500 and went ahead by re-investing the profits. All the sharks are out but Mark Cuban is interested in the business and offered $250k for 30% equity.
Kevin O’Leary was trying to offer him but Mark Cuban said that his offer is for a limited time. They countered Mark by $250k for 25% equity. Mark agreed to this offer.
What Happened To Dog Threads After Shark Tank?
After Dog Threads got funding from Shark Tank, their sales went up to thousands of dollars in a few weeks. Many dog owners bought this clothing line from them.
What’s new on Dog Threads
Last Update: June 23, 2023
On April 2021, Justin Bieber shared a story with his dog oskietheposkie on Instagram, in which both were wearing matching Hawaiian clothes.
Dog Threads Shark Tank Update
After this episode of Shark Tank aired, the dog threads business started doing well. Still, the performance of this business is quite good. We do not have much information about the sales of this company right now.
We’re following Scott Davis and Gina Davis along with their company for further updates.
What Is the Net Worth of Dog Threads?
Dog Threads has an estimated current worth of $2.5 million. This company has been running since 2014 and this business has not been closed even in 2023. 66% of United States households own a pet dog, approximately 86.9 million households.
Is Dog Threads Still In Business?
The dog threads business was started in 2014 and this business is active in 2023. So far, the owners of the company have made a revenue of millions of dollars.
The current headquarter of this manufacturing company is in Minneapolis, Minnesota, United States and it employs 5-10 employees as per its LinkedIn profile.
Yes, Dog Threads are still in business as of June 2023.