Heart Pup Sling Net Worth
Heart Pup, a range of dog carriers that look like a scarf/sling, was featured on Shark Tank in October 2014.
The founder of Heart Pup, Anastasia Balyura, entered the show seeking $25,000 in return for 10% stock in her company. She accepted an offer from Daymond John of $50,000 for 40%, thus valuing the company at $125,000.
Since appearing on Shark Tank, Heart Pup has experienced tremendous growth and success. They have secured additional funding and partnerships leading to an estimated net worth of around 4 Million USD as of 2023.
Anastasia Balyura has a net worth of 2.2 Million USD as of 2023.
Heart Pup earns money by selling directly to customers online through their own website as well as on Amazon.com. There is no competitor identified for Heart Pup Sling.
What is Heart Pup Sling and Who is the Founder of Heart Pup Sling?
Heart Pup Sling is a type of dog carrier that resembles a scarf or sling, created with the aim of making it easier to transport small dogs while traveling or doing household chores.
Anastasia Balyura, the founder of Heart Pup Sling, handcrafts each sling using a variety of materials such as repurposed copper, leather, knit, and cashmere. According to the Heart Pup website, each design is inspired by personal experiences such as world travel and features finely crafted embellishments.
The Heart Pup line is known for its playful and lively repertoire. The sling is worn over the shoulders rather than around the neck, allowing the dog to snuggle into a pocket-like space. Heart Pup Sling is a practical solution for on-the-go small dog owners.
Heart Pup Sling Shark Tank Pitch
During season 6 episode 3 of Shark Tank, Anastasia Balyura pitched her Heart Pup Sling product while wearing one of the slings with her puppy inside. She requested $25,000 in exchange for a 10% stake in her company, which would value the company at $250,000.
Anastasia explained her product and provided samples, stating that she had sold 980 slings at $138 each, generating around $130,000 in sales in the first year of operation.
Robert Herjavec asked about the cost of materials, and Anastasia revealed that each sling cost $8 to produce. When asked about total sales, she disclosed that the company had made $135,000 in revenue so far.
While several Sharks praised Anastasia’s early success, none were ultimately willing to invest, except for Daymond John, who offered $50,000 for a 40% stake in the company. Anastasia accepted the offer after considering it, as it was her only choice.
Since appearing on Shark Tank, Heart Pup Sling has continued to promote its product on social media and has been featured in various fashion blogs and magazines. As of August 20, 2021, the company remains successful under Daymond John’s ownership.
Heart Pup Sling Net Worth
Anastasia enters Shark Tank seeking $25,000 in return for 10% stock in her Heart Pup company. This indicates a $250,000 valuation. They accepted an offer from Daymond of $50,000 for 40% thus valuing at $125,000.
Heart Pup Sling Competitors
There is no competitor identified for Heart Pup Sling.
Heart Pup Sling FAQS
What is Heart Pup Sling?
Heart Pup is a range of dog carriers that look like a scarf/sling. The idea developed from the desire to transport her tiny dog, Trixi, whether traveling or doing housework.
How much was she asking in the Shark Tank?
Anastasia was seeking $25,000 in return for 10% stock in her Heart Pup company.
How much did she received?
Anastasia received an offer from Daymond of $50,000 investment for 40% ownership.
Can they wash their sling?
While it is OK to wash it in cold water on the hand wash/gentle cycle, every washing machine is different and fibres may respond differently to their washing detergent.
As a result, they cannot accept liability and advice customers to hand wash or dry clean their sling.
Do they accepts returns?
Please be advised that sale items are always final and no refunds are accepted. Sale products are subject to a one-time size exchange (if necessary).
Because these are pet goods, they do not accept returns for sanitary reasons, and they are custom order handmade things.
How do they pick a size?
If they are tiny or petite and have a little pup, they should go with an extra small if they want their pup higher up.
If they are of average size and have a little or medium-sized dog, the medium size is ideal. Choose a large if they are full-figured or a male.
Where are Heart Pup Sling made?
Made in the USA.
Are Heart Pup Sling patent?
Tank Heart Pup Sling is patented.
What are strengths of Heart Pup Sling?
They use a very delicate material as well as hand-crafted embellishments and are too expensive.
What is the weakness of Heart Pup Sling?
There is a point in that small dogs can be uncomfortable and puppies cannot remain in it for too long, so they recommend them to consider the size and breed of their pet before they make their purchase.
What materials is Heart Pup Sling made of?
Heart Pup Sling is made from soft Italian breathable knit cashmere wool.
Where can they buy Heart Pup Sling?
Customers may purchase straight from the Heart Pup website, Amazon, and a variety of other online retailers.
Slings are safe for puppies.
Slings are a practical method for owners to keep their dog close at all times, and they also assist keep dogs safe from injury.
A sling may be useful for both dogs and their owners in a variety of scenarios.
Can they use a sling to transport their dog?
Baby slings are not intended for use with pets. They can, however, use a baby sling to transport their pet if the dog is little and weighs up to 11 pounds, such as cats or small dogs.
How do Heart Pup Sling make money?
They earns money by selling directly to customers online through their own website as well as on Amazon.com.
What is net worth of Anastasia Balyura?
How can they contact Anastasia Balyura?
They visit their Website: http://heartpup.com or they can follow Heart Pup Sling on Facebook, Twitter, and Instagram to stay updated with the latest news regarding their products and company.