PetPaint Shark Tank Net Worth 2023
PetPaint has had over $5 million in lifetime sales since appearing on Shark Tank in 2013. After appearing on Shark Tank, PetPaint leashed sales of $5,000 in 2012 which grew exponentially to revenues of $200,000 last year.
The valuation of Pet Paint on the show was $1,000,000 and Barbara gave an offer at the valuation of $333,333.3.
As of February 2023, PetPaint has a net worth of around $5 Million.
What is PetPaint? Who is the Founder of PetPaint?
Pet Paint is a safe and fun alternative to traditional dog costumes. The product consists of non-toxic, washable paints that come in various colors. It is a popular choice for pet owners looking to dress up their dogs for holidays or special occasions. Moreover, it is recommended by many veterinarians due to its safety for pets.
Abe Geary is the founder and CEO of Pet Paint. He began his career in marketing while studying at Moorpark College in 1995. He honed his entrepreneurial skills while working in the new company development section of Morton Karr.
Later on, he gained experience in business creativity while running Creative Displays, a trade show display company. It was during this time that he recognized the challenge of dogs disliking sewn costumes and sought to find a solution.
In 2010, Abe founded Pet Paint with the goal of creating a non-toxic and safe alternative to traditional pet costumes. He started by developing non-toxic hairspray recipes specifically for dogs.
All PetPaint products have been tested by veterinarians and are safe for pets. The product is similar to colored hair paint for humans, and there are stencil kits available to help create designs and patterns.
Abe is optimistic about the future of Pet Paint and believes that it will become a popular choice among body paint enthusiasts. His passion for creativity and entrepreneurship has led him to develop an innovative and safe product that allows pet owners to express their love for their furry friends in a fun and unique way.
PetPaint Shark Tank Pitch
Abe Geary created PetPaint, a colorful hairspray for dogs that allows people to paint their pets. He pitched the product on Shark Tank in episode 508, seeking a $200,000 investment for a 20% stake in his company, which was valued at $1 million.
While some Sharks were interested in the product, none of them ended up investing, as they were concerned about pricing, sales, and ownership issues.
Despite not getting a deal, Abe listened to the Sharks’ feedback and shifted his focus to digital and social media marketing. As a result, PetPaint is now sold by PetSmart and online retailers nationwide and has become a popular product for parades, festivities, and animal rescue efforts. The company has even expanded to offer Savor ski Crystals for dogs.
As of February 2022, PetPaint has generated over $5 million in lifetime sales, and Abe has been featured on Beyond the Tank Episode 202. PetPaint continues to thrive, thanks to its safe, non-toxic, and washable formula that allows pet owners to have fun with their furry friends.
Net Worth of PetPaint
The company valuation was $1 million during the pitch. Since then the company is still operating and hence the company’s net worth might be higher than that of the pitch.
Petpaint Shark Tank Update
Pet Paint is a non-toxic paint for dogs that allows people to paint their pets in a fun and unique way. The product was pitched on Shark Tank by Abe Geary, who was seeking a $200,000 investment for a 20% stake in his company, which was valued at $1 million.
Although some Sharks were interested in the product, none of them ended up investing, as they were concerned about pricing, sales, and ownership issues.
Despite not getting a deal, Abe listened to the Sharks’ feedback and shifted his focus to digital and social media marketing.
As a result, Pet Paint is now sold by PetSmart and online retailers nationwide and has become a popular product for parades, festivities, and animal rescue efforts.
There are nine colorful colors to choose from along with half a dozen stencils that will make you a professional dog painter in no time.
As of March 2023, there is a Shark Tank update on Pet Paint. The update states that Abe Geary’s dog, Billie, wouldn’t wear pet clothes, so he decided to create a non-toxic paint to give her a fashionable look without the hassle.
The update does not mention whether or not Pet Paint received a deal on Shark Tank Season 5. However, the update does mention that PetPaint has had over $5 million in lifetime sales since appearing on Shark Tank in 2013.
Petpaint Shark Tank Net Worth
|Non-toxic paint for dogs
|Revenues in 2012
|Revenues in 2022
|Shark Tank Valuation
|Offer on Shark Tank
|$200,000 for 20% equity (from Barbara at $333,333.3 valuation)
|Sales since Shark Tank
|$5 million (as of Feb 2023)
|Shark Tank outcome
|No deal (Season 5) and no deal (2023)
|Sold by PetSmart and online retailers nationwide
|Popular for parades, festivities, and animal rescue efforts
|Offering Savor ski Crystals for dogs
|All products have been tested by veterinarians and are safe for pets
|Net Worth (Feb 2023)
What Happened To Petpaint After Shark Tank?
Abe Geary went on Shark Tank in 2013 to present his pet hair coloring product, PetPaint. He was seeking a $200,000 investment for a 20% stake in his company, which had a $1 million valuation.
However, none of the Sharks ended up investing due to concerns about pricing, sales, and ownership issues. After the show, Abe began selling the product online, not just on his website but also on Amazon.
PetPaint has since had over $5 million in lifetime sales and is now sold by PetSmart and online retailers across the country.
In 2023, Abe returned to Shark Tank hoping for an investment, but none of the Sharks made an offer, and he left without a deal. Despite this, PetPaint is still in business and has had over $5 million in lifetime sales.
Did Any Of The Sharks Invest In Petpaint?
No, none of the sharks invested in PetPaint. The founder, Abe, invested $240,000 of his own money into the company and was hoping for an investment from a shark, but he did not receive one.
How Successful Is Petpaint Now?
PetPaint is a company that produces non-toxic colored hairspray for dogs, allowing pet owners to paint their dogs in different colors and patterns.
The company appeared on Shark Tank in 2013 seeking a $200,000 investment in exchange for a 20% equity stake, but none of the sharks took the offer.
As of July 2022, PetPaint had sold over $70,000 worth of paint, with each can selling for $9.99. The company had a 50-store testing deal with PetSmart.
In a Shark Tank update in March 2023, PetPaint’s founder, Abe Geary, reported that he had sold about $70,000 worth of product in the roughly seven months prior. The company is still actively selling its product. As of January 2023, PetPaint had over $5 million in lifetime sales. The company has extended its product selection to include pet hair extensions and doggie diamonds.
PetPaint has found success in various ways. People have used it for Pride parades, Mardi Gras parades, and to dress up less attractive dogs to help them get adopted more easily. PetPaint has also been used to mark rescue dogs to denote whether or not they’ve been fixed.
What Other Products Does Petpaint Offer Besides Pet Hair Coloring?
PetPaint is a company that provides colored hairspray for dogs. Along with pet hair coloring, PetPaint also provides finishing sprays that reduce color transfer and make the product last longer.
The company also offers holiday kits for St. Patrick’s Day, Christmas, and Valentine’s Day, which include a bottle of PetPaint, a stencil, and a masking shield. Additionally, PetPaint sells stencils featuring paw prints, hearts, snowflakes, and candy canes.
It’s worth noting that PetPaint is not the only company that offers pet hair dye, as OPAWZ also provides semi-permanent dog hair dye that is non-toxic and can be bathed. However, PetPaint stands out because it offers a finishing spray and stencils to complement its colored hairspray.
Where Can You Buy Petpaint?
PetPaint is a non-permanent colored hairspray for pets that allows pet owners to dress up their pets without the need for expensive costumes. It is available for purchase on Amazon and on the PetPaint website.
On Amazon, PetPaint is available in a variety of colors, including Greyhound Green, Poodle Pink, and Whippet White. The PetPaint website offers a wider range of products, including stencils, finishing sprays, and holiday kits.
PetPaint previously had a 50-store testing deal with Petsmart, but it is unclear whether PetPaint is still available on Amazon or Petsmart as of 2023.
How Much Was Petpaint Seeking On Shark Tank?
PetPaint was pitched on Shark Tank by founder Abe Geary in season 5, episode 8. He was seeking $200,000 in exchange for 20% equity and had already invested $240,000 in the product. However, the Sharks were not interested in investing in PetPaint, and Abe did not receive a deal.
Is Petpaint Still In Business?
Yes, PetPaint is still in business. As of February 2022, PetPaint has generated over $5 million in lifetime sales. PetPaint is sold by PetSmart and online retailers nationwide. The product is used in parades, festivities, and animal rescue efforts.
PetPaint is a multi-purpose hair spray for dogs that is made of non-toxic ingredients. It is a safe, vet-approved alternative to expensive pet costumes. Each color is easy to clean and fully safe for dogs.
PetPaint sells for $9.99 on the PetSmart website. Other retailers, such as eBay or Amazon, sell at a lower price. PetPaint’s official website is https://www.petpaint.com.
The website offers a variety of products, including easy-to-use stencils, cardboard stencil packs, and numbers and letters. PetPaint also offers starter kits and a range of colored pet hair sprays.
What Is The Selling Price Of Petpaint?
It sells for $9.99 on the PetSmart website. There are other sellers who sell at a lower price like eBay or Amazon.
What Is Petpaint Website?
PetPaint is a dog hair spray that can add a colorful touch to a dog’s coat. It was created by Abe Geary, who appeared on Shark Tank in 2013 to pitch the product but did not secure an investment.
After taking feedback from the Sharks, Abe shifted his focus to digital and social media marketing. PetPaint is now a successful business with over $5 million in sales, and it is sold by PetSmart and other retailers both in-store and online at a lower price. The product is non-toxic, safe, and easy to clean.
The PetPaint website provides more information about the product’s ingredients and frequently asked questions. PetPaint is made with pet safety in mind, contains no harsh chemicals, and can be easily removed from a pet’s fur using a mild shampoo.
How much to ship PetPaint?
The shipping cost of PetPaint depends on the location of the customer’s address, the weight of their order, and any promotions that are going on at the time.
What is the color of PetPaint?
There are different colors like Red, Blue, Black, and Clear.
How does PetPaint work?
The spray is applied to the affected area, during which the color dries. When it dries, they’ll see what looks like water-repellent powder on the pet’s coat.
Pet Paint is meant to be a temporary dye and will wash off without damaging the pet or its coat.
How long will PetPaint take to deliver?
PetPaint orders are delivered within 3-5 business days after they are made.
What is PetPaint made of?
PetPaint is made of soy and water-based dye. It is completely dry pet safe. There are no chemicals added to the spray.
Is PetPaint easy to wash off?
PetPaint colors go on easily, but they do not wash off until the paint does, in a week or so.
How do I pay for PetPaint?
Customers can make the payment by Credit Card, Debit Card, PayPal or Amazon Pay.
What does PetPaint smell like?
PetPaint smells like a normal hair spray for humans.
How to apply PetPaint?
Customers have to first shake the bottle, then spray directly onto their pet’s hair and rub it in, then let it dry for about 10 minutes and brush their pet’s coat to distribute the color evenly. The paint will stay on until it naturally washes out with cleaning or rain.
Who is the CEO?
The CEO of PetPaint is Abe Geary.
How much does Abe Geary worth?
The net worth of Abe Geary is not available.