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.
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.
