Walkee Paws is the world’s first dog shoes and booties. A dog can walk wearing this legging. Founder Lisa Baronoff is a dog lover. She appeared in Shark Tank Season 12 Episode 15 and raised $150,000 for 5% equity from the Sharks.
Walkee Paws is a unique innovative startup idea that was started by Lisa in 2018. Lisa Baronoff loves her dog and takes care of her health.
Lisa takes her dog for a walk every day, One day she realized that all kinds of dirt, germs, and chemicals are being found Paws her dogs.
Due to these harmful things, people living in the house with the dog can also be affected. For the Paws of the dogs, she tried a lot of dog boots first, but she did not like to wear these boots to the dog.
Although Lisa had tried to keep the dogs away from dirty things while taking them for a walk, the dogs are very playful, they do it according to their own accord.
To solve this problem, Lisa started Walkee Paws, the world’s first leggings for dogs. Lisa’s mother is a professional designer and she knows a lot about this fashion design.
What Is Walkee Paws?
Walkee Paws is the world’s first leggings and booties for dogs. This leggings product covers 4 Paws of your dog and is tied around the dog’s back for a hold.
It is loose around the ankle and is made of stretchy rubber. Protects when Paws gets stuck in the rain season or some dirty thing.
The material used to make this product is water-resistant, lightweight, and can withstand water, snow, and outdoor walking.
The waterproof booties are made from natural rubber so that the dogs walk normally. If leggings ever get dirty, they can be machine washed.
This product comes in different sizes as not every dog has the same height and shoulders. It currently comes in 5 sizes – Extra Small, Small, Medium, Large, and Extra Large.
Walkee Paws Shark Tank Update
|Company Name||Walkee Paws|
|Product||World’s First Dog Leggings and Booties|
|Asked For||$150,000 for 5% Equity|
|Final Deal||No Deals|
|Episode (Shark Tank USA)||Season 12 Episode 15|
|Air Date||February 26, 2021|
|Business Status||In Business|
|Net Worth||$900K *estimated|
|Address||Manhattan, New York, United States|
|Go To Amazon||Buy Now|
Another Shark Tank Pitch
Who Is The Founder Of Walkee Paws?
The founder and CEO of Walkee Paws are Lisa Baronoff, a pet parent who lives in Manhattan. Lisa’s mother is a designer and she has very good knowledge about fashion design.
Talking about Lisa’s family background, she is a native of Johannesburg, South Africa. She moved to New York City, where she managed Tommy Hilfiger’s new legwear division startup.
Walkee Paws Before Shark Tank
These leggings can be used in both the summer and winter seasons. Lisa tried a lot for this product. When he got a successful product, he started marketing it. It was a unique product, so people appreciated it a lot.
It also sells different types of accessories such as Indoor leggings, Liner socks, Puffer coats, Raincoats, Reversible harnesses that match leggings, and Leashes.
This product comes in a variety of colors and patterns, with a price range of $25-$50 depending on the size. If anyone wants to buy this product then it is available on Amazon and her website.
Did Walkee Paws Get a Deal on Shark Tank?
Lisa Baronoff, the founder of Walkee Paws, demanded $150,000 from the sharks in Shark Tank in exchange for 5% equity in her company.
Now we know how Lisa got into Shark Tank and how she pitched into the show.
There is also a reason behind Lisa showing Shark the $3 million valuation of her company. She says that she started this company in December 2018 and in this, she did $64K sales.
By 2019, her sales had increased to 4x and she had generated $542,000. All these sales come directly through the customer, 54% of the sales come through Amazon.
Lisa’s project is that she will do $1 million in sales by 2020. Hearing this, Mark said to Lisa Good for you.
She also said that she have a Granted Utility Patent, three design patents, and one pending patent.
About this business of Daymond John said that if he invests in it, he will get his money back after 8 years.
However, Mark said in this that if you do not invest, then do not do it, Daymond said about this thing that I should go out of this offer to answer my question.
Kevin made two offers for this business, the first is $150,000 for 5% with a royalty of $2.70 per unit until he recoups $150,000, then the royalty goes to fifty cents per unit in perpetuity. His second offer was $150,000 for 20%. But Lisa refused to take this offer.
Mark, Barbara & Lori also opted out of this business offer.
What Happened To Walkee Paws After Shark Tank?
Walkee Paws didn’t get any deals in Shark Tank, but her sales got a boost a few months after the episode aired.
Many people in this world are pet lovers but most people like dogs, so this product is perfect for a dog lover. Because of this, we can guess its sales rate would have been higher.
As told by Lisa in Shark Tank that she will do $1 million in sales by 2020, we can say it’s done.
On Amazon, we can see the sales of this product and the reviews of the people, and how good the response is being received by the people.
Lisa had projected that by July 2021, she would double this year as compared to last year i.e. $2 million. We don’t have data on whether they have sold $2 million or not.
After Shark Tank, Lisa’s company was featured on channels like NBC, the Dodo, and Good Morning America.
How is the Walkee Paws going?
As we are seeing on the Amazon website, the sales of Walkee Paws are getting very good, Recently many people have bought this product for their dogs.
Lisa has designed her website in a very professional manner and currently has 16.6k followers on her Instagram.
What Is The Walkee Paws Net Worth?
Walkee Paws had stated a $3 million valuation in Shark Tank, but she didn’t get the deal despite having sales. We think Walkee Paws net worth can be around $900k as of now.
Is Walkee Paws Still In Business?
Yes, it is currently active on the website of Walkee Paws in July 2022 and is also receiving orders.
This product is also available on Amazon, but many competitors have become of this company.
Now this company will have to spend more to run than before.
Content Photo Credit: Amazon.com & walkeepaws.com