Swiftpaws Shark Tank Net Worth-What Happened After The Shark Tank?
What is Swiftpaws Shark Tank Net Worth in 2023?
Swift Paws is currently in business and has an estimated net worth of $4 million.
Swift Paws is a health and wellness lifestyle brand for pets founded by Meghan Wolfgram. The company appeared on Season 13 Episode 19 of Shark Tank USA, where it asked for $240,000 for a 6% stake in the business.
After negotiations, Lori Greiner agreed to invest $240,000 for a 6% stake, and the deal was finalized. Swift Paws is currently in business, and Meghan Wolfgram’s net worth is approximately $4 million.
SwiftPaws appeared on Shark Tank in April 2022, where Lori Greiner invested $240,000 for 6% equity in the company. Following the episode’s airing, SwiftPaws generated $100,000 in sales on the first day and exhausted its stock.
Sales continued to rise due to the promotion of the brand on the show, with SwiftPaws hitting $1 million in revenue before entering the holiday season in October 2022.
The company is revamping production to get a price point closer to $199 by the end of 2023 and adapt SwiftPaws for use with cats.
What Are Swiftpaws And Who Founded Swiftpaws?
SwiftPaws is a health and wellness lifestyle brand for pets that makes beautifully playful products to help pets live their best lives. The company’s flagship product, SwiftPaws Home, allows pet owners to create the best game of chase ever in their own backyard.
It is easy to set up and perfect for people with busy schedules who still want to give their pets great healthy exercise while having fun.
Playing with SwiftPaws for just a couple of minutes gives your pup a fun outlet for their energy and can also help reduce destructive behaviors that can arise from boredom.
Meghan Wolfgram is the founder and CEO of SwiftPaws.
She has over a decade of experience in animal enrichment and has worked with dog behaviorists, trainers, and zoos on enrichment for cheetahs and other species Wolfgram’s passion took her on a 10-year journey chasing success, which led her to create SwiftPaws.
In late 2017, SwiftPaws raised more than $73,000 in a Kickstarter crowdfunding campaign to create SwiftPaws Home. Sales started slowly for the $450 consumer version of the mechanical lure.
Then in 2020, the company was able to raise about $670,000, increase production and grow its team. In the second half of 2020, SwiftPaws generated more than $400,000 in revenue.
It is important to note that there is also a character named Swiftpaw in the Warriors book series by Erin Hunter.
Table: Swiftpaws Shark Tank Summary
| INFORMATION | DETAILS |
| Company Name | SwiftPaws |
| Founder(s) | Meghan Wolfgram |
| Appearance on | Season 13 Episode 19 of Shark Tank USA |
| Pitched | $240,000 for 6% stake in the business |
| Investment | $240,000 for 6% equity by Lori Greiner |
| Net Worth | $4 million |
| Year of Shark Tank | 2023 |
| Year of Current Net Worth | 2023 |
| Revenue in 2020 | $400,000 |
| Revenue in 2021 | $1 million |
| Revenue in 2022 | $1 million before entering the holiday season |
| Expected Revenue in 2023 | $1.5 million |
| Business Status | Still in business |
| Product Line | Remote control toys for pets |
| Future Plans | Adapting SwiftPaws for use by mass consumers and cats, and reducing the price point to $199 by the end of 2023. |
Note: Information is accurate as of March 2023.
What Happened To Swiftpaws At Shark Tank?
According to the search results, SwiftPaws appeared on Shark Tank in 2023 and made a deal with Lori Greiner for $240,000 for 6% equity.
After the show aired, sales increased significantly, and the company hit $1 million in revenue before entering the holiday season.
SwiftPaws more than doubled its inventory in anticipation of a post-show sales spike and sold out in three weeks. The company is on track to hit $1.5 million in sales this year.
SwiftPaws produces professional and home lure-coursing equipment for dogs. The founder, Meghan Wolfgram, created SwiftPaws because she loves doing agility competitions with her dogs.
Before appearing on Shark Tank, SwiftPaws had already raised four funding rounds since its inception and had taken $4 million in funding.
The search results do not provide any information about what happened to SwiftPaws after Shark Tank other than that it is still thriving and offering new products on its website.
What Happened To Swiftpaws After Shark Tank?
SwiftPaws is a pet product company that produces “capture the flag”-style dog toys. The company was founded in 2012 by Meghan Wolfgram, who changed the focus from the professional sport of lure coursing to the pet industry.
Before appearing on Shark Tank, SwiftPaws had already raised four funding rounds since its inception and had $1.5 million in lifetime sales.
During her pitch on Shark Tank, Meghan asked for an investment of $240,000 for 6% equity, valuing the business at $4 million.
Lori Greiner made a deal with SwiftPaws for exactly those terms. After appearing on Shark Tank, SwiftPaws more than doubled inventory in anticipation of a post-show sales spike and sold out in three weeks.
The company generated more than $400,000 in revenue in the second half of 2020 and did just over $1 million in sales in 2021. In early October 2022, SwiftPaws revealed that it had already hit $1 million in revenue for that year before entering the holiday season.
SwiftPaws is still thriving and is on track to hit $1.5 million in sales this year. The company is revamping production to get a price point closer to $199 by the end of 2023 and adapting SwiftPaws for use by mass consumers.
Is Swiftpaws Still In Business?
Yes, SwiftPaws is still in business as of March 2023. According to, the startup of Meghan Wolfgram is running well with 1-10 employees working right now, and has raised funding from four investors.
The company’s headquarters are on the East Coast of the Southern US, and it is still profitable. SwiftPaws manufactures remote control toys for pets that focus heavily on pet activity, with most products made for dogs.
The company’s products are available on Amazon, eBay, and their official website.
Wolfgram says that SwiftPaws more than doubled inventory in anticipation of a post-show sales spike after appearing on Shark Tank and selling out in three weeks. The company is on track to hit $1.5 million in sales this year.
In late 2017, SwiftPaws raised more than $73,000 in a Kickstarter crowdfunding campaign to create SwiftPaws Home. Sales started slowly for the $450 consumer version of the mechanical lure.
Then in 2020, the company was able to raise about $670,000, increase production and grow its team.
SwiftPaws is now a wellness and enrichment company with products for pets of all kinds. The company is revamping production to get a price point closer to $199 by the end of 2023 and adapt SwiftPaws for use in smaller spaces.
Swiftpaws Shark Tank Updates
SwiftPaws is a company that produces “capture the flag”-style dog toys. The founder, Meghan Wolfgram, went on Shark Tank in September 2021 asking for an investment of $240,000 for 6% equity, valuing the business at $4 million.
During the pitch, Meghan revealed that SwiftPaws had $1.5 million in lifetime sales, but the company had very small profit margins. Despite this, Lori Greiner made a deal with Meghan for $240,000 for 6% equity.
After the Shark Tank episode aired in April 2022, SwiftPaws more than doubled its inventory in anticipation of a post-show sales spike and sold out in three weeks.
The company is on track to hit $1.5 million in sales in 2023. However, research for a SwiftPaws update in April 2023 did not find new numbers.
Overall, SwiftPaws seems to be thriving after its appearance on Shark Tank. The company has expanded its inventory and is on track to hit $1.5 million in sales this year.
How Does Swiftpaws Shark Tank Work?
SwiftPaws is a pet enrichment toy that creates a unique game of chase for dogs. It is a capture-the-flag game that can run up to a course length of 200 ft.
The SwiftPaws Home Original comprises a main unit that powers the course and is controlled remotely by the human at speeds up to 30 mph.
Three pulleys mark the corners of the course that spans up to 300 feet and are held in place by stakes or tethers with the flags (lures) being pulled swiftly along the bright pink line. The SwiftPaws Home Plus adds an upgraded drive that can reach speeds of 36 mph.
There are also two additional pulleys that expand the course up to 750 feet. Both versions are made with high-quality materials and take only minutes to set up.
Meghan Wolfgram, the founder of SwiftPaws, appeared on Shark Tank seeking $240,000 for 6% equity of her business. She demonstrated her product to the Sharks by pulling the trigger, and her dog Piper started chasing the flag all over the stage.
The Sharks were impressed by her product, and Lori Greiner offered her the exact amount she came asking for.
SwiftPaws has been growing very fast after getting funding, and their sales have increased somewhat due to the Shark Tank show. SwiftPaws brand products are available on Amazon, eBay, and their official website.
What New Products Has Swiftpaws Released?
SwiftPaws is a pet product company that makes playful enrichment products in the USA to help pets stay active and healthy. The company’s flagship product is a motorized pulley system that has a line running through it.
When a flag is attached to the line and the motor is turned on, dogs chase the flag, providing them with exercise and entertainment. The company started with commercial interests, selling to law enforcement agencies, search and rescue teams, and zoos.
In 2018, SwiftPaws launched a home edition of the product, which raised $73,608 in a successful Kickstarter campaign. The home version costs $500.
SwiftPaws has released several products, including the SwiftPaws Home Original Remote-Control Toy for Dogs, which is available on Amazon. The company has also released Lure Coursing Machine Kits, which are available on its website.
SwiftPaws was featured on Shark Tank in 2022, where it announced that it had hit $1 million in revenue by the end of Q3 2022. The company is on track to hit $1.5 million in sales in 2023.
The Sharks on the show suggested that the company’s flagship product was too expensive for the mass consumer market, so SwiftPaws is revamping production to get a price point closer to $199 by the end of 2023.
The company is also adapting its product for use in smaller spaces and is developing a version of the flagship product for cats with a feather.
How Does Swiftpaws Shark Tank Work?
SwiftPaws is a pet enrichment toy that creates a unique game of chase for dogs. It is a capture-the-flag game that can run up to a course length of 200 ft.
The SwiftPaws Home Original comprises a main unit that powers the course and is controlled remotely by the human at speeds up to 30 mph.
Three pulleys mark the corners of the course that spans up to 300 feet and are held in place by stakes or tethers with the flags (lures) being pulled swiftly along the bright pink line. The SwiftPaws Home Plus adds an upgraded drive that can reach speeds of 36 mph.
There are also two additional pulleys that expand the course up to 750 feet. Both versions are made with high-quality materials and take only minutes to set up.
Meghan Wolfgram, the founder of SwiftPaws, appeared on Shark Tank seeking $240,000 for 6% equity of her business. She demonstrated her product to the Sharks by pulling the trigger, and her dog Piper started chasing the flag all over the stage.
The Sharks were impressed by her product, and Lori Greiner offered her the exact amount she came asking for.
SwiftPaws has been growing very fast after getting funding, and their sales have increased somewhat due to the Shark Tank show. SwiftPaws brand products are available on Amazon, eBay, and their official website.
What Is The Current Valuation Of Swiftpaws After Shark Tank?
The current valuation of SwiftPaws after Shark Tank is estimated to be $2.4 million. Meghan Wolfgram, the founder of SwiftPaws, appeared on Shark Tank in April 2022, asking for an investment of $240,000 for 6% equity, valuing the business at $4 million. She made a deal with Lori Greiner for the same terms.
After appearing on Shark Tank, SwiftPaws continued to thrive and expand its product line. The company started offering new products on its website after filming wrapped up, including new flirt poles and critters to attach to them.
On the first day after the episode of Shark Tank aired, SwiftPaws generated $100,000 in sales and exhausted its stock. In early October 2022, the company revealed that it had already hit $1 million in revenue for that year, and that’s before entering the holiday season.
SwiftPaws has been growing very fast after getting funding, and their sales have increased somewhat due to the Shark Tank show. The current net worth and valuation of SwiftPaws is estimated to be $2.4 million, but it may increase in the coming time due to slow growth.
