Petrol Dog Shark Tank Net Worth 2023
The company was valued at $750,000 during the pitch in 2018, however, it, unfortunately, closed its doors on January 2019 and since then the current net worth of the company has become unavailable.
It is likely that most of the value has been wiped out due to its closure in under a year, leaving investors with no return on their money. The exact details of what happened leading up to this closure remain unknown.
What is Petrol Dog?
Petrol Dog is a nutritious and hydrating treat for dogs that was created by veterinary nutritionists. It contains additional nutrients that promote canine health and has a pleasing taste. Compared to normal water, dogs prefer Petrol by a factor of four. Additionally, a 12 oz. bottle of Petrol has only 8 calories.
Petrol Dog was conceived by Julie Yenichek and Ryan Huyghe while brainstorming with other entrepreneurs, many of whom had brought their dogs along.
They observed that people carried various types of water, including filtered water, vitamin-enriched water, and fruit-flavored water. Julie and Ryan spent almost eight years developing Petrol with the help of a veterinary nutritionist.
Petrol Fuel is the only nutritional and tasty water available for dogs on the market. The delightful flavor ensures that dogs receive their recommended daily hydration intake, which is half an ounce to an ounce per pound of body weight.
Moreover, Petrol is an excellent way to provide dogs with a delicious treat while also helping them live longer, healthier, and more active lives.
Julie Yenichek and Ryan Huyghe are the founders of Petrol Dog. They started by using reverse osmosis water, which is water that has been purified by passing it through a semi-permeable membrane to remove impurities such as bacteria, pesticides, medicines, nitrates, arsenic, and other contaminants.
They then added nutrients such as citric acid, L-carnitine, and vitamins B1, B2, B3, and B6, which are essential for a dog’s overall health, weight regulation, and healthy skin and coat.
Petrol is an all-natural dog treat that contains no preservatives or meat byproducts. Each 12-ounce can of Petrol is recyclable and has only 8 calories. In contrast, a typical dog biscuit has around 115 calories. Julie and Ryan worked on the Petrol recipe for years before launching it with an IndieGoGo campaign that raised $13,795 in the first quarter of 2016, despite falling short of their fundraising goal.
Petrol Dog is essentially “smart water” for dogs. Dogs require hydration just like humans do, with a 35-pound dog needing 34 ounces of liquids per day. Petrol provides dogs with a tasty reward while also helping them stay hydrated. A four-pack of Petrol is available for purchase on Amazon for $17.
What Happened to Petrol Dog at Shark Tank Pitch?
Julie and Ryan sought investment from the Sharks on the TV show Shark Tank in order to expand their product’s distribution to national pet stores. They presented their pitch in episode 21 of season 9 of Petrol Dog on Shark Tank, asking for $150,000 for a 20% stake in their company, which was valued at $750,000.
During their pitch, they showcased their product by having two dogs perform agility routines while drinking Petrol. Lori tasted the product and commented that it tasted like broth. However, the Sharks were not impressed with the company’s sales of $16,000 over the last 16 months.
Despite Julie contributing $100,000 of her retirement savings to start the company, and Ryan investing $25,000 to acquire inventory, the Sharks were not convinced of the product’s viability, and none of them made an offer. As a result, Julie and Ryan left the pitch without a deal.
After the show, the company closed its doors in January 2019, and the product is now in limbo. It is listed as unavailable on Amazon’s Launchpad platform, where it was being tested. Additionally, the Petrol Dog website confirms that they are out of stock.
Julie now works as a Community Relations Director at Lowe’s, and Ryan is the Executive Vice President of Able Roof and Mr. Roof.
Net Worth of Petrol Dog
The company was valued at $750,000 during the pitch, since then the company closed its doors on January 2019, and hence the current net worth of the company is unavailable.
Petrol Dog Shark Tank Updates
Petrol is a liquid foot treat for dogs that were pitched on Shark Tank in episode 919 of season 9. The product is designed to be a hydrating and enriching part of a dog’s diet, containing important nutritional vitamins that can benefit a dog’s immune system.
Petrol was developed by Julie Yenichek and Ryan Huyghe, who got started with funds from an IndieGoGo campaign that raised $13,795 in the first quarter of 2016. During the 2016 calendar year, Petrol managed to hit $20,000 in sales.
Julie and Ryan entered the Shark Tank seeking $150,000 for 20% of their business. They gave their pitch as two dogs did agility tricks for the Sharks. Then they poured the dogs some Petrol, and they lapped it up.
After tasting it, Lori asked if she could taste it. She said it tasted like water and was out. Mark Cuban gave Julie a lecture and told her “sales cures all”; he was out too. Petrol did not receive a deal from any of the Sharks.
Sadly, Petrol shut down in January 2019 because the company ran out of money and didn’t have many options remaining after failing to secure a deal on Shark Tank.
Julie Yenichek is now a Director of Community Relations at Lowe’s, and Ryan Huyghe is Executive Vice President of Able Roof and Mr. Roof. Petrol’s current net worth is unknown.
Petrol Dog Shark Tank Summary:
| INFORMATION | DETAILS |
| Company Valuation (2018) | $750,000 |
| Founder(s) | Julie Yenichek and Ryan Huyghe |
| Product Description | Nutritious and hydrating treat for dogs |
| Petrol Dog Sales (16 months) | $16,000 |
| Amount Asked from Sharks | $150,000 for 20% of their business |
| Sharks’ Response | All Sharks declined to invest in the company |
| Net Worth in 2023 | Currently Unavailable |
| Petrol Dog status | The company closed its doors in January 2019 |
| Co-founder’s current role | Julie Yenichek – Community Relations Director at Lowe’s<br> Ryan Huyghe – Executive Vice President of Able Roof and Mr. Roof |
Petrol Dog FAQs
What Is Petrol Dog, its Founder, And Its Use?
Petrol Dog is a nutritious and hydrating treat for dogs that was created by veterinary nutritionists. It contains additional nutrients that promote canine health and has a pleasing taste.
Petrol is a liquid foot treat for dogs created using some of the highest quality ingredients, making it a hydrating and enriching part of your dog’s diet. Compared to normal water, dogs prefer Petrol by a factor of four.
Petrol has a pleasant taste and additional nutrients that are excellent for canine health. A 12 oz. bottle of Petrol has only 8 calories.
Julie Yenichek and Ryan Huyghe are the founders of Petrol Dog. They started by using reverse osmosis water, which is water that has been purified by passing it through a semi-permeable membrane to remove impurities such as bacteria, pesticides, medicines, nitrates, arsenic, and other contaminants.
Julie Yenichek and Ryan Huyghe spent 8 years with a veterinary nutritionist to develop their unique formulation, which is essentially a delicious water bottle with added ingredients.
Petrol’s filtered water for dogs is designed with important nutritional vitamins that can benefit a dog’s immune system.
Petrol is an excellent way to provide dogs with a delicious treat while also helping them live longer, healthier, and more active lives. Customers can purchase a pack of four for around $17. Petrol managed to hit $20,000 in sales during the 2016 calendar year.
However, the sharks on Shark Tank did not invest in Petrol because they didn’t believe there was enough demand for this type of pet product.
How Much Was Petrol Dog Asking On Shark Tank?
On Shark Tank, PetRol asked for $150,000 for 20% of their business, valuing the company at $750,000. The founders, Julie Yenichek and Ryan Huyghe, entered the tank with two dogs who performed agility tricks for the Sharks.
They then demonstrated their product by pouring PetRol for the dogs, which they quickly drank. PetRol is a hydrating treat for dogs that claim to be like smart water for dogs. The company claims that dogs prefer it 4 to 1 over regular water.
PetRol is made with reverse osmosis filtered water, 100% natural flavorings, and six added vitamins and minerals that are good for dogs’ overall health.
Although PetRol managed to make some sales, its product wasn’t very popular, and it hadn’t managed to market it effectively to capture the attention of potential buyers looking for smart water dog treats.
PetRol had earned $16,000 only since the company started. The company’s current net worth is unknown, and things seemed to be in limbo, with its products being available on Amazon Launchpad but out of stock on its own website.
Did Petrol Dog Have The Deal?
No, Petrol Dog did not get a deal on Shark Tank. Petrol Dog was pitched on Shark Tank in episode 919 by entrepreneurs Ryan Huyghe and Julie Yenichek. They asked for $150,000 for 20% equity of the business.
However, none of the sharks were interested in investing in Petrol Dog because they didn’t believe there was enough demand for this type of pet product.
The sharks cited the company’s lack of sales and the fact that Petrol Dog had not operated consistently since its appearance on Shark Tank.
Unfortunately, Petrol Dog shut down in January 2019 because the company ran out of money and didn’t have many options remaining after failing to secure a deal on Shark Tank.
Petrol Dog was valued at around $750,000 by the founders at the time of their Shark Tank appearance. The company had only earned $16,000 since it started.
Petrol Dog’s filtered water for dogs was designed with important nutritional vitamins that could benefit a dog’s immune system. Customers could purchase a pack of four for around $17.
Is Petrol Dog Still In Business?
Petrol Dog was a company that pitched its hydrating treat for dogs on Shark Tank in 2018. The product was designed to provide dogs with a delicious treat while also helping them live longer, healthier, and more active lives.
Petrol Dog used reverse osmosis water, which is purified water that has been passed through a semi-permeable membrane to remove impurities such as bacteria, pesticides, medicines, nitrates, arsenic, and other contaminants.
The company claimed that dogs preferred Petrol Dog to normal water by a factor of four, and there were only 8 calories in a 12 oz. bottle.
Unfortunately, Petrol Dog is no longer in business. The company shut down in January 2019 due to a lack of sales and investment.
The founders, Julie Yenichek and Ryan Huyghe have moved on to other organizations. Petrol Dog is currently out of stock on Amazon and is listed as unavailable on its website.
Are Julie Yenichek and Ryan Huyghe married or in a relationship?
They are not married and are not in a relationship. They are both single individuals.
What do Julie Yenichek & Ryan Huyghe do for a living?
Julie is currently working as Community Relations Director at Lowe’s and also as Executive Vice President of Mr. Roofs, Inc.
Did Petrol Dog return to Shark Tank?
No, they did not return to the show. They did not secure a deal with the Sharks and hence their product is no longer in business or accessible to consumers.
Is Petrol Dog a scam?
No, Petrol Dog is a reality and they were on Shark Tank.
Is Petrol Dog accepting PayPal?
No, they do not accept PayPal.
Where is Petrol Dog available for sale?
It is available on Amazon Launchpad, but it is currently out of stock and the company is listed as unavailable.
What are the Pros of Petrol Dog?
People like how easy it is to administer: they just have to pour a bottle or two into their dog’s bowl of water.
Is Petrol Dog legit?
Yes, Petrol Dog is a reality and they were on Shark Tank.
What are the Cons of Petrol Dog?
There are few complaints regarding errors on Amazon’s Launchpad website; they were not able to return the product.
Who do I contact in case of a complaint?
A visit to the company’s website returns an error page that states: “This page isn’t available at this time.
What is the net worth of Julie Yenichek?
Julie Yenichek net worth is unknown.
What is the net worth of Ryan Huyghe?
Ryan Huyghe net worth is unknown.
