Pawnix Shark Tank Net Worth-What Happen After The Shark Tank?
What is Pawnix Shark Tank Net Worth?
Pawnix is a company that offers noise-canceling headphones for dogs to help keep them calm during loud noises such as fireworks.
The founder of Pawnix, Kirsten Brand, appeared on Shark Tank in March 2022 and asked for $150,000 in exchange for 10% equity, a business valuation of $1.5 million. However, she did not get funding from the sharks.
As of 2022, Pawnix’s current net worth is $150,000. It is unclear whether this net worth includes the value of the company or just Kirsten Brand’s personal net worth
Despite not receiving funding from the sharks, Pawnix was successful in selling thousands of dollars worth of their product after appearing on Shark Tank.
As of 2023, there has been no recent information about the company’s current status or net worth beyond what was previously mentioned.
What Is Pawnix And Who Founded Pawnix?
Pawnix is a noise-canceling pair of headphones for dogs that was founded by Kirsten Brand.
The idea for Pawnix came to her after her dog Emma ran away due to the loud fireworks on the 4th of July. On an airplane, she put her noise-canceling headphones on Emma’s ears and it calmed the dog down. This inspired Kirsten to create Pawnix.
Kirsten Brand is from Nashville, Tennessee, and has a degree in packaging engineering from Michigan State University. She spent hours and days researching noise-canceling techniques before creating Pawnix.
The headphones are available in two sizes (Medium and Large) and four colors (Gray, Blue, Pink, and Red). They cost $199.99 each and are fit for all dog breeds.
Pawnix was launched through an Indiegogo campaign in 2020.
What Happened To Pawnix At Shark Tank?
Pawnix, a noise-canceling headphone set for dogs, was featured on Shark Tank Season 13 Episode 17. The founder of Pawnix, Kirsten Brand, offered $150,000 for a 10% stake in her company (business valuation of $1.5 million) but failed to convince the sharks to invest in her business.
Sharks Lori Greiner and Robert Herjavec opted out because of the high price while Mark Cuban, Kevin O’Leary, and Raymond John were not interested in investing in a pet-related business. The sharks turned down Brand’s Pawnix offer, and she went home empty-handed.
After appearing on Shark Tank, there hasn’t been much news about Pawnix. However, according to the company’s website, they are still taking care of dogs worldwide. Pawnix has quite a substantial following on social media and prides itself on assembling every product by hand inside the United States.
Although Kirsten started Pawnix back in 2017 and launched a Kickstarter campaign in 2020 that fell short of its goal, she raised north of a couple of thousand dollars on Indiegogo. Upon its release, Pawnix grew quite popular.
In summary, after failing to secure an investment from the sharks on Shark Tank Season 13 Episode 17, Pawnix continued to operate as usual.
Although there hasn’t been much news about the company since its appearance on Shark Tank, it has quite a substantial following on social media and prides itself on assembling every product by hand inside the United States.
What Happened To Pawnix After Shark Tank?
Pawnix, a noise-canceling headset brand for dogs, appeared on Shark Tank in Season 13 Episode 17. The founder of Pawnix demanded $150,000 in exchange for 10% of her company’s share.
Although the Sharks were impressed with Kirsten Brand’s sales and the product itself, they did not make an offer.
After appearing on Shark Tank, demand for the product increased significantly and Brand was able to sell thousands of dollars’ worth of Pawnix headsets.
The brand is still focused on selling Pawnix headsets and taking care of dogs worldwide. The headphones are still available on its website, so it seems that the Brand is still in business.
Is Pawnix Still In Business?
Yes, Pawnix is still in business as of February 2023. The company was founded by Kirsten Brand and sells noise-canceling headphones for dogs.
Although the company did not receive funding on Shark Tank, it has been successful in selling thousands of dollars’ worth of productsThe headphones are available in four sizes and four colors and can be connected to tablets or smartphones via Bluetooth pairing technology.
The product is priced at $199.99 and can only be purchased on the official website.
The company assembles the headphones by hand in the US, which takes 3-5 business days to fulfill an order.