Jay’s Pet Butter Shark Tank Update (Season 15)

Jay’s Pet Butter is a business that creates butter specifically for dogs. The product is similar to peanut butter but includes healthy ingredients like glucosamine to support joint and hip health.

It comes in four unique flavors: Blueberry and Sweet Potato, Banana Chips with Flax Seeds and Glucosamine, Bacon Bits, and Dessert Dough. All the products are free from harmful additives such as xylitol, hydrogenated oil, sugar, salt, high-fructose corn syrup, and palm oil.

A single jar costs between $13.99 and $14.99 and can be purchased directly from the company’s website.

Company NameJay’s Pet Butter
FounderBrandon Fokken and Jay Cutler
Founded2022
Producthealthy butter for Dogs
Asked For$50k for 10% equity
Final DealNo Deals
SharkNo Sharks
Episode (Shark Tank USA)S15 E12
Air DateJan 26, 2023
Business StatusIn Business
WebsiteVisit Website
HeadquartersLas Vegas Metropolitan Area, Nevada, USA
Lifetime Worth (Sales)$100k *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Jay’s Pet Butter?

Jay's Pet Butter founders Brandon Fokken and Jay Cutler
Img via ABC Shark Tank

Jay’s Pet Butter was co-founded by Brandon Fokken and Jay Cutler. Jay, a four-time Mr. Olympia champion and fitness enthusiast, has over 7 million followers on social media, where he shares workout and diet-related content. Brandon is self-employed and actively involved in the venture.

How Was The Shark Tank Pitch Of Jay’s Pet Butter?

When Brandon and Jay pitched Jay’s Pet Butter on Shark Tank, they sought $50,000 in exchange for 10% equity. The product, launched in September 2022, initially found shelf space in Hy-Vee supermarkets before expanding to big-box stores. Priced at $14.99 with a production cost of $3.10, the business has achieved total sales of $39,000 so far.

Despite the potential, the Sharks were unconvinced. Mark Cuban, Lori Greiner, Daniel Lubetzky, and Daymond John declined to invest, citing the product’s limited scalability and appeal. Kevin O’Leary offered $50,000 for a $1 per jar royalty in perpetuity, but Jay refused the offer.

Sharks Offers list!

SharksOffers
Daniel Lubetzky Shark Tank Profile Daniel LubetzkyNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’Leary$50k for a royalty of $1 per jar sold in Perpetuity
Mark Cuban Shark Tank Profile Mark CubanNo Offer
Daymond John Daymond JohnNo Offer
Lori Greiner Profile for Shark Tank Lori GreinerNo Offer
Founder’s (Countered)No Offer
Final DealsNo Deals

Jay’s Pet Butter Shark Tank Update

Jay’s Pet Butter did not secure a deal on Shark Tank. However, appearing on the show has significantly boosted brand visibility. There is a high likelihood that the exposure will lead to increased sales, even without investment.

What Is Jay’s Pet Butter’s Net Worth?

Jay’s Pet Butter’s estimated net worth is $0.1 million. The global pet food market is projected to reach $103.3 billion by 2024, with the United States accounting for $58.42 billion. This industry has grown rapidly since 2020, driven by the increased rate of pet adoptions during the COVID-19 pandemic.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2022-23$39k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
N/AN/AN/A

Yes, Jay’s Pet Butter is still in business as of January 2024.

frequently asked questions

Who founded Jay’s Pet Butter?

Jay’s Pet Butter was founded by Jay Cutler.

Did Jay’s Pet Butter get a deal on Shark Tank?

No, Jay’s Pet Butter didn’t get a deal on the shark tank.

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