Mella Pet Care is a pet services company that sells heat monitoring devices like pet thermometers. The company was founded in 2019 by Anya Babbitt and Ben Saidman. The reason for starting this company was to take the pet care industry to the next level through technology.
The founding team of this company has contributed to making many medical devices. In 2015, they created a pulse oximeter and an infrared thermometer for babies. They also made thermometers for pets and after some time, they rescued a dog who was named Mella.
The dog was suffering from kennel cough due to which she would not eat or drink anything. Due to the thermometer, Mella’s disease was detected and now she is completely fine. They appeared on Shark Tank Season 15 Episode 16 for funding and asked the Sharks for $250k for 2.5% equity at a $10 Million Valuation.
What Is Mella Pet Care?
Mela Pet Care has created a pet thermometer to measure and track pets’ health and show the results. Whatever the thermometer tracks, you will see it in the Mella app. There is also a Pro version of this thermometer which includes an Axillary Probe, Wireless Charger, and Onboarding Tools.
Apart from this, they sell Biggie Home Scale, Axillary, Rectal Sensor, and more. You can also take monthly and yearly subscriptions which will cost you $15 and $90.
Company Name | Mella Pet Care | |
Founder | Daniella Morgan-Pascualvaca, Anya Babbitt and Ben Saidman | |
Founded | 2019 | |
Product | Health Monitoring Devices for Vets & Parents | |
Asked For | $250k for 2.5% equity | |
Final Deal | $250k for 6% equity | |
Shark | Mark Cuban | |
Episode (Shark Tank USA) | S15 E16 | |
Air Date | March 1, 2024 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Chicago, Illinois, USA | |
Lifetime Worth (Sales) | $160k *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Mella?
The founders of “Mella Pet Care” company are Anya Babbitt and Ben Saidman. Apart from being a marketing specialist, Saidman has very good knowledge related to business. He has also worked in a corporate company named Splitting Fares.
How Was The Shark Tank Pitch Of Mella Pet Care?
Daniella, Anya & Ben after entering Shark Tank, asked the Sharks for $250k for 2.5% equity. They explained to the sharks about their product health monitoring device made for dogs. They have sold 2,500 devices so far and have made $160,000 in revenue.
They launched the product in early 2022. The Mella Pro has a manufacturing cost of $40 and is sold for $159. Customer acquisition cost is $4. Kevin O’Leary is concerned about why sales are so low.
Lori Greiner said that this business is still in its early stages, and that’s why she is out. Kevin O’Leary and Daymond John also refused to invest in this company.
Mark Cuban offered $250k for 6% equity at a $4.2 Million Valuation. Daniel Lubetzky told the founders that your valuation is crazy, so he is out. Anya countered $350k for 6% equity Mark refused. They accepted Mark Cuban’s offer.
Sharks Offers list!
Sharks | Offers |
---|---|
Daniel Lubetzky | No Offer |
Kevin O’Leary | No Offer |
Mark Cuban | $250k for 6% equity |
Daymond John | No Offer |
Lori Greiner | No Offer |
Founder’s (Countered) | $350k for 6% equity (Mark) |
Final Deals | $250k for 6% equity |
What Happened To Mella Pet Care After Shark Tank?
Mella Pet Care Company got a deal in Shark Tank. Mark Cuban invested $350k in this company for 6% equity. Although Anya had asked Mark Cuban for $350k in exchange for 6% equity, Mark refused. Mark said that he would help in improving the software.
Mella Pet Care Shark Tank Update
After entering the shark tank, Daniella, Anya, and Saidman explained to the sharks about the health monitoring devices for pets. They also shared the sales report so far with the Sharks and also took their feedback.
What Is Mella Pet Care’s Net Worth?
Mella Pet Care’s net worth is estimated at $0.2 million. The pet healthcare market size is an estimated $2 billion in the United States. Along with new technology, many startups are also being formed.
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.
Years | Annual Revenue |
2024 | $160k *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2023 | $250k | Mark Cuban |
Is Mella Pet Care Still In Business?
Three co-founders are focusing on scaling this company. According to us, this is a revolutionary idea which, if successfully executed, can create a very big brand soon.
The headquarters of this service company is in Chicago, Illinois, United States and it currently has 11-50 employees.
Yes, Mella Pet Care is still in business as of March 2024.
frequently asked questions
Who is the Founder of Mella Pet Care?
Mella Pet Care was founded by Daniella Morgan-Pascualvaca, Anya Babbitt and Ben Saidman.
Did Mella Pet Care get a deal on Shark Tank?
Yes, Mella Pet Care got a deal on Shark Tank.