iCPooch Net Worth
iCPooch was valued at $750,000 when it appeared on Shark Tank in April 2015. The company’s net worth is unknown as of 2022 since the company went out of business in 2017. iCPooch was founded by Brooke Martin and James Pelland in 2012.
They built iCPooch to connect with their pet dog whenever they wanted when she was not at home from anywhere on the globe. They prepared it with the ability to video chat to chat with their pet dog.
In late 2013, they started a Kickstarter campaign, but his $70,000 goal remained unmet. A second Kickstarter campaign in the spring of 2014 raised approximately $30,000 with a goal of $20,000.
iCPooch became a viable business from that moment on. Initially, before seeking other investors the company revenue stood at $525,000.
However, the customers found that the price of the product was very high as it sold its high-end variant at $179.9 and started at $149.9 also the profit margin was too low to continue operations. This resulted in the decision to shut down its operations in 2017.
What is iCPooch and Who is the Founder of iCPooch?
iCPooch is a device that allows pet owners to interact with and dispense treats to their dogs through video chat, even when they are not at home. It was created in 2012 by Brooke Martin and James Pelland.
Brooke Martin, an animal rights advocate, entrepreneur, and dog owner developed the product. Her innovative device received recognition from prestigious organizations such as the Humane Society of the United States, which awarded her a regional award for her work with shelter dogs in 2012.
Furthermore, the product won several awards, including Best New Product at the 2013 Global Pet Expo and the 2013 Animal Planet Social Media Award for Best In-Home Pet Company.
Although a Kickstarter campaign in 2013 was unsuccessful, Martin persisted, and in 2014, she successfully raised $30,000 on the platform by setting a more achievable fundraising goal. The product enabled pet owners to ensure their dogs had access to food, water, and attention without the need for travel.
iCPooch Shark Tank Pitch
In 2013, Brooke Martin successfully raised funds for her company iCPooch through a Kickstarter campaign. She then pitched her company to a panel of investors, known as “Sharks,” on the show Shark Tank, including Mark Cuban, Lori Grenier, Kevin O’Leary, Barbara Corcoran, and Robert Herjavec.
During the pitch, Brooke requested $150,000 in exchange for 20% equity in her company but did not manage to secure a deal. Despite this setback, Brooke went on to achieve other accomplishments, including developing new technology for medication delivery.
As of 2021, iCPooch, her most recent venture, has ceased all operations and is no longer in business.
There are so many things iCPooch can do. There are so many competitors that iCPooch has to deal with. Here are a few competitors of it: PetChatz, Whistle Labs and Petzila
The net worth of iCPooch
Initially, before seeking other investors the company revenue stood at $525,000, but in 2021 the company is no longer operational.
What is iCPooch?
The iCPooch is an innovational technology that enables pet owners to video chat with their pet.
Who is the founder of iCPooch?
iCPooch is a product of Brooke Martin and James Pelland. Brooke Martin, a long time dog owner, animal activist, and entrepreneur created iCPooch in 2012.
What was their offer at Shark Tank?
iCPooch was offering to invest in the business for $150,000 with 20% of the equity on the line.
Did iCPooch get an offer?
iCPooch did not get any offer from the Sharks.
What is the problem with iCPooch?
The company was only able to raise $30,000 on Kickstarter and they failed to find investors on Shark Tank.
What are some key details of iCPooch?
iCPooch is a unique pet care device that enables dog owners to video chat with their pets wherever they are.
What are the benefits of using iCPooch?
iCPooch offers reliable, quality care for pet with no travel time required. One can feel confident in leaving their furry friend knowing they’ll have food, water, and attention when they need them most.
Is iCPooch a furbo?
There are alternatives to Furbo dog camera and treat dispenser, but Furbo remains the market leader.
At the 2014 Geek Wire Summit, a local adolescent entrepreneur introduced a similar device named iCPooch. However, the endeavor failed the parent business, declared bankruptcy in 2016.
Is iCPooch still in business?
No, iCPooch is shutting down its business and manufacturing operations.
What is the net worth?
There is no information about the net worth of iCPooch.
What is the story behind iCPooch?
iCPooch is an internet technology that enables users to video chat with and treat their dog from anywhere in the globe. It was invented by Brooke Martin and James Pelland in 2012.
Brooke wanted to build a Wi-Fi that enabled treat dispenser, coupled to a tablet docking device, that would enable any pet owner to converse with their furry buddy from a distance.
Is it legit?
Yes, it is a legitimate venture.
Is it worth to invest on this venture?
If they are on budget they can invest on this venture, but if they have enough money to invest then it doesn’t worth to give their money for this cause.
Are they scam or real?
It is not scam or real it is just a business so its result will be found in the future.
What is Brooke doing?
Brooke Martin was working as a designer at the time the technology to video chat with pets was not as advanced as it is now.
She initially built a prototype that would allow for pet owners to track their furry friends’ location via a mobile device.
If someone wanted to video call their pet, they would have to be physically present because the Wi-Fi wasn’t sophisticated enough to link two devices.
Is the any plan to revive?
No, the iCPooch is not planning to revive their business.
Is it similar to Furbo dog camera and treat dispenser?
Furbo and iCPooch are very similar in that they all give pet owners a way to place treats or dispense special food for their pets via Wi-Fi, however that is where the similarity end.
Does iCPooch come with a treat dispenser?
No, at the time of Shark Tank, iCPooch did not include a treat dispenser. The company has since added one for their customers to purchase separately.
Who is James Pelland?
James Pelland is one of the co-founders of iCPooch and is also the creator of the patented technology behind it.
What is so special about it?
It provides a way for pet owners to video chat with their dogs and dispense treats as well as give other pet care like food and water.
Who is Brooke Martin?
Brooke Martin is not only the co-founder of iCPooch; she is also the President and CEO of this company.
What was wrong with it?
There was nothing wrong with this product, but some people thought it was a little pricey.
How much will it cost to buy iCPooch?
A basic version of the iCPooch costs $149.99, and a premium version costs $179.99.
Is iCPooch available on Amazon?
Yes, you can purchase it from Amazon, however unfortunately it’s been removed from the website.
When does it ship?
In December of 2017, iCPooch began shipping orders to customers with their premium edition of the product which included a treat dispenser for $179.99.
Where is the headquarters?
iCPooch headquarters is in Seattle, WA
Where do I get the reviews?
Reviews are posted on the iCPooch website.
How was the business model?
The Business Model of iCPooch is Pet Care.
What are the marketing channels?
Marketing Channel is through Instagram, Facebook, YouTube and website.
What are its marketing strengths?
Its marketing strength is that it offers pet care services to the customers.
How does it make money?
It makes money by selling their product on Amazon and various other places online, offline stores and via promotion of the website on social media.
Who made an appearance on the shark tank with Brooke?
Brooke came on the Shark Tank with iCPooch CEO James Pelland and a furry buddy named Yoyo.
What exactly happened at the shark tank pitch?
Brooke was just 14 at the time, but she was well prepared to sell the business moguls her iCPooch firm, which specialized in interactive care for dog owners.
She was hoping to secure a $150,000 investment in exchange for a 20% stake in the business but didn’t get any deal.
Brooke Martin launched a Kickstarter campaign in 2013, but it failed to capture the interest of the crowd financing community and failed to reach its $70,000 goal.
What is the backstory of Brooke’s product?
Brooke felt bad about leaving her freshly adopted shelter dog at home alone, so she looked for ways to video chat with her dog.
What are Brooke Martin long-term goals?
Although she still relies on a third-party manufacturer to scale her manufacturing, she wants to be able to take over administration of this element of the business at some point in the future.
What’s the problem with iCPooch?
The iCPooch is available on Amazon, but the $240 price tag may prevent it from becoming a popular purchase.
What is the price of the iCPooch?
On Amazon, the iCPooch costs $139 without the tablet.
Is IOC Pooch Video Chat Worth It?
Depending on your dog’s training, the majority of reviews on the IOC Pooch Video Chat are mainly good.
What are the advantages of utilizing IC Pooch dispensers?
Brooke’s insert able dispensers store a range of goodies, including the All Natural Dog Cookies she sells to help expand her company.
Which Shark Tank Episode featured the IC Pooch?
Shark Tank Episode 628 featured the IC Pooch Wireless Treat Dispenser.
14-year-old Brooke Martin and her CEO, James Pelland, pitch iCPooch, a gadget that allows pet owners to feed and communicate with their dog remotely.
Brooke Martin was just 12 years old when she originally imagined a device that would allow her Golden Retriever, Kayla, to communicate with her while she was at school.
What was the idea?
Considering the concept to video speak with your dog was amazing enough, but Martin went it a step further by imagining a means to remotely give her dog a reward at the same time.