Petrol Dog Shark Tank Update | Petrol Dog after Shark Tank
What is Petrol Dog?
Petrol is a veterinary nutritionist-created nutritious, hydrated treat for dogs. Petrol has a pleasant taste and additional nutrients that are excellent to canine health.
Petrol is a hydrating vitamin-enriched dog treat. Dogs prefer it to normal water by a factor of four. There are only 8 calories in a 12 oz. bottle.
Julie Yenichek and Ryan Huyghe came up with the idea while brainstorming with other up-and-coming entrepreneurs, the majority of whom had brought their dogs with them.
The people all carried bottled water with them: filtered water, of course; water enriched with vitamins, minerals, and electrolytes; and some flavored with a variety of fruit tastes.
Julie and Ryan immediately started to work. It took almost eight years to create the mixture with the help of a veterinary nutritionist.
Petrol Fuel is the only nutritional, tasty water available for dogs on the market. And the delectable flavor guarantees that they obtain their recommended daily hydration intake of half an ounce to an ounce per pound.
Best of all, it’s an opportunity to give dogs tasty treats while also providing them a chance to live longer, healthier, and more active lives.
Who is the founder of Petrol Dog?
Julie Yenichek and Ryan Huyghe founded Petrol Dog. They began with water that had been cleaned by reverse osmosis, a method in which water is pushed through a semi-permeable membrane to remove impurities such as nitrates, pesticides, bacteria, medicines, arsenic, and so on.
Then we added nutrients such citric acid, L-carnitine, vitamin B1 (thiamin), B2 (riboflavin), B3 (niacin), and B6 (pyridoxine), which your dog needs for overall good health, weight regulation, a healthy metabolic and neurological system, and healthy skin and coat to avoid dry flaky skin and itching.
Then they topped it off with all-natural flavorings and, ta-da, they had Petrol Fuel for Dogs. There are no preservatives, and no meat or meat byproducts are used. Each 12-ounce can (which is totally recyclable) has only 8 calories. In comparison, whiffs, crumbly doggy biscuit has an average of 115 calories.
The two, both entrepreneurs and dog enthusiasts, worked on their recipe for years before launching it with cash through an IndieGoGo campaign that raised $13,795 in the first quarter of 2016. Petrol came to market despite raising less than half of their target.
It’s essentially smart water for dogs. According to the manufacturer, dogs prefer it over conventional water by a factor of four.
They begin with purified reverse osmosis water. Then they add all-natural flavorings, as well as six vitamins and minerals that are beneficial to dogs’ general health.
Dogs, like humans, must keep hydrated; a 35-pound dog needs 34 ounces of liquids each day. A regular dog biscuit has around 120 calories, whereas Petrol contains 8 calories per 12 ounce bottle.
It’s a way to offer your dog a reward while still keeping him hydrated. The price of a four-pack is $17. They are only available on Amazon.
What Happened to Petrol Dog at Shark Tank pitch?
Julie and Ryan decided to present their product to Shark Tank investors in episode 21 of season 9 of Petrol Dog on Shark Tank in order to help them get into national pet stores.
Julie and Ryan join the Tank looking for $150,000 for a 20% stake in their firm, which is valued at $750,000.
They present their pitch as two dogs perform agility routines for the Sharks. Then they pour Petrol on the dogs, who gulp it down. Lori asks if she can taste it after the dogs leave the Tank.
She says it tastes like broth after tasting it. Julie explains that they started the company in 2010, but it was put on hold due to the recession and the inability to obtain small business loans at the time. The company was resurrected about 18 months ago.
The Sharks are not impressed by the $16,000 in sales over the last 16 months. Julie contributed $100,000 of her retirement savings to the initial start-up. $10,000 was spent on attending and exhibiting at a trade show, while the remaining $90,000 was spent on product development.
When Julie revived the firm, Ryan put up $25,000 to acquire inventory. Rohan says he’s not sure if there’s a market for the product, and he’s the first Shark to exit.
Barbara is wary of enterprises that start, halt, and restart; she’s out. Lori isn’t sure whether this is something that people would buy, so she’s also out.
Robert exited because he believes there are too many externalized issues. Mark gives Julie a lecture and tells her that a sale fixes everything; he is also the final Shark to go out. Julie and Ryan eventually left the pitch without a deal.
What Happened to Petrol Dog after Shark Tank?
The firm closed its doors in January 2019 after they departed the pitch without a deal from the Sharks. Petrol is now in limbo.
It is available on Amazon’s Launchpad platform, which aims to test out things using Amazon. Petrol, on the other hand, is marked as unavailable, and a visit to their website confirms that they are out of stock.
Julie is now 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 FAQs
What is Petrol Dog?
Petrol is a veterinary nutritionist-created nutritious, hydrated treat for dogs. Petrol has a pleasant taste and additional nutrients that are excellent to canine health.
Petrol is a hydrating vitamin-enriched dog treat. Dogs prefer it to normal water by a factor of four. There are only 8 calories in a 12 oz. bottle.
Who is the founder?
Petrol is an all-natural dog treat created by Julie Yenichek and Ryan Huyghe.
How much were asking on Shark Tank?
They were asking for $150,000 for 20% stake of their company.
Did they have the deal?
No, they did not have the deal.
Is Petrol Dog still in business?
No, the company is currently out business and out of stock on Amazon and they are listed as unavailable on their website.
Is 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.
