TurboPup Shark Tank Net Worth 2023
The valuation of the company during the pitch in 2021 was nearly $1 million, however, due to an increase in sales and profits, coupled with a strong performance on the market, the company’s valuation has significantly increased.
This has been reflected by an uplift in share prices and financial metrics such as earnings per share and return on equity. As a result, investors have shown more confidence in the company’s operations and are willing to pay more for its shares.
The new valuation is a testament to the successful efforts of management to drive growth within the organization.
What is TurboPup?
TurboPup is a portable and nutritious food option for dogs that is both safe and healthy to consume. These energy bars are individually wrapped, compact, and grain-free, providing essential nutrients and energy for optimal sustenance while also being convenient for pet owners.
These bars can be used as a comprehensive meal replacement for pets and have no negative side effects. The founder of TurboPup is Kristina Guerrero, a former United States Air Force pilot who served in Afghanistan and Iraq. She received support from the Women Veteran Entrepreneur Corps, a program that helps veterans grow their small businesses.
Kristina and her husband and co-founder, Brandon Sylvester, used their own funds and the funding from the Women Veteran Entrepreneur Corps to create TurboPup. The food bars are made from a proprietary recipe that includes fresh meats, fruits and vegetables, proteins, grains, and superfoods.
They do not contain any fillers, grains, additives, or preservatives and are lab-tested for quality assurance by a third party.
TurboPup ships nationwide, except for Hawaii, and accepts international orders with an additional shipping charge.
What Happened to TurboPup at the Shark Tank Pitch?
Kristina and Brandon, along with their dogs, sought the help of business experts for Kristina’s idea. In the Shark Tank presentation, Kristina requested $100,000 for 20% of her company, which is valued at $500,000. She presented her product and previous sales of $11,000 and plans to expand to areas without competitors.
Mark Cuban and Robert Herjavec were not interested, whereas Lori Greiner and Kevin O’Leary believed that the sales and growth were too small. Daymond John offered $100,000 for 40% ownership, but they ultimately agreed on a deal for $100,000 for 35% of the company’s equity after negotiations.
After finalizing the agreement, Daymond and Kristina completed the transaction, resulting in $200,000 in sales. They anticipate earning over $1 million with the addition of more than 700 sites and a new branding strategy from PetSmart. TurboPup continues to operate, and its annual revenue in 2021 was $2 million.
Net Worth of TurboPup
During the pitch, the valuation of the company was nearly $1 million. As of 2021, the valuation of the company has increased due to an increase in sales.
TurboPup Shark Tank:
| ITEM | INFORMATION |
| Company name | TurboPup |
| Founders | Kristina Guerrero, Brandon Sylvester |
| Product | Portable, nutritious food bars for dogs |
| Shark Tank pitch | Sought $100,000 for 20% of the company, valuing it at $500,000 |
| Deal on Shark Tank | $100,000 for 35% equity with Daymond John |
| Annual revenue in 2021 | $2 million |
| Valuation in 2021 | Increase due to sales growth, no specific valuation given |
| Status | Out of business as of 2023 |
| Reason for downfall | Unclear, faced backlash and complaints from customers |
Note: The table does not include the information about the company’s valuation during the Shark Tank pitch, as it was already included in the article. The information about the new valuation is not specific, so it was not included.
TurboPup Shark Tank Updates
TurboPup is a company that produces K9 meal bars that equate to a complete meal, making it easier to bring along dog food on hikes and other activities away from home.
The founder, Kristina Guerrero, appeared on Shark Tank in 2015 and secured a deal with Daymond John for $100,000 for 35% equity. However, as of 2023, it appears that the company has gone out of business, and the timeframe is unclear.
The website is down, and the domain is no longer connected to their Shopify account. The company’s social media accounts, including Facebook, have not been updated since May 2021.
It is unclear why TurboPup went out of business, but according to the company, it faced backlash and complaints from customers who bought its products. The article suggests that the company’s downfall began in 2022, and by 2023, it was no longer available at all.
In conclusion, TurboPup appeared on Shark Tank in 2015 and secured a deal with Daymond John. However, as of 2023, the company has gone out of business, and the website is down.
The reason for the company’s downfall is unclear, but it seems to have faced backlash and complaints from customers who bought its products.
TurboPup Shark Tank:
| ITEM | INFORMATION |
| Company name | TurboPup |
| Founders | Kristina Guerrero, Brandon Sylvester |
| Product | Portable, nutritious food bars for dogs |
| Shark Tank pitch | Sought $100,000 for 20% of the company, valuing it at $500,000 |
| Deal on Shark Tank | $100,000 for 35% equity with Daymond John |
| Annual revenue in 2021 | $2 million |
| Valuation during Shark Tank pitch | Nearly $1 million |
| Status | Out of business as of 2023 |
| Reason for downfall | Unclear, faced backlash and complaints from customers |
TurboPup FAQs
What Is Turbopup and How Does It Work
TurboPup is a complete meal bar for dogs that was created by Kristina Guerrero and her husband, Brandon Sylvester. The product was designed to provide a convenient and nutritious food option for dogs during outdoor activities such as hiking and skiing.
The couple spent 18 months researching nutritional standards for dog food and creating and testing recipes. The bars are made with high-quality ingredients and are formulated to meet the nutritional needs of dogs.
The product was pitched on Shark Tank in 2015, where Guerrero sought $100,000 for 20% of the company.
The product received positive feedback and was eventually made available in 700 PetSmart stores nationwide. However, the company faced a decline in later years, and as of 2023, it is no longer available.
What Does Turbopup Offer On The Pitch?
During the pitch on Shark Tank, Kristina Guerrero, the founder of TurboPup, asked for $100,000 in exchange for 10% of the business.
She entered the tank with her furry sidekick, Odin, and explained that she had created a complete meal bar for dogs that was designed to provide a convenient and nutritious food option for dogs during outdoor activities such as hiking and skiing.
She recounted a hiking trip during which her dog, Dunkan, got hungry and she had to share her food with him, which led her to start her quest to find compact food for dogs. She passed out samples of the TurboPup bar, and Odin even got to enjoy some.
Daymond John ultimately made a deal with Kristina for $100,000 and 35% equity in the company. Fetch…for pets! later partnered with TurboPup after the successful pitch on Shark Tank.
Did Turbopup Get An Offer?
Yes, TurboPup did get an offer on Shark Tank. During the pitch, Kristina Guerrero asked for a $100,000 investment in exchange for 10% of the company.
Daymond John ultimately invested $100,000 for 35% equity in the company.
What Happened To Turbopup After Shark Tank?
TurboPup is a company that produces K9 meal bars for dogs that are easy to carry on hikes and other outdoor activities. The founder, Kristina Guerrero, pitched TurboPup on Shark Tank in early 2015 and asked for $100,000 in exchange for 10% of the company.
Daymond John made a deal with TurboPup, investing $100,000 for 35% equity. After appearing on Shark Tank, TurboPup had over $200,000 in sales and was expected to reach over $1 million in sales that year.
TurboPup also appeared on Beyond the Tank episode 104, where they discussed their progress. However, in January 2022, the company went out of business.
The company disappeared from stores, both physical and online, and faced backlash and complaints from customers who bought its products. Kristina Guerrero is now a pilot for American Airlines.
In summary, TurboPup had a successful appearance on Shark Tank, with Daymond John making a deal with the company. However, the company went out of business in January 2022, and Kristina Guerrero is now pursuing a different career as a pilot for American Airlines.
Why Did Turbopup Go Out Of Business?
TurboPup is a company that created an energy bar for dogs that is about the size of a smartphone.
The product was developed by Kristina Guerrero and her husband, Brandon Sylvester, who is a former food scientist for Dannon. The couple made the product in their kitchen and sold it in mom-and-pop stores.
TurboPup appeared on Shark Tank in season 6, episode 15, and made a deal with Daymond John for $100,000 for 35% equity. The deal with Daymond helped TurboPup expand into 700 PetSmart stores around the country, making an annual revenue of $1 million.
However, as of 2023, TurboPup is no longer available. The company’s website is down, and its social media pages have not been updated. The exact reason for the company’s closure is unclear, but it seems that TurboPup took a big fall in later years.
Despite the company’s downfall, Kristina Guerrero remains active in the business community and continues to hike and ski in Oregon with her husband and dog.
Are There Any Similar Products To Turbopup Available On The Market?
It is unclear if there are any similar products to TurboPup currently available on the market.
While TurboPup was a unique product that offered a convenient and nutritious meal bar for dogs on the go, it faced backlash and complaints from customers who bought their products only to discover the bar to be covered in mold.
However, there are many other dog food and treat options available on the market that offer convenience and nutrition for dogs. Some examples include freeze-dried or dehydrated dog food, which can be lightweight and easy to pack for outdoor adventures.
Additionally, there are many other dog food and treat options available that offer convenience and nutrition for dogs. Some examples include freeze-dried or dehydrated dog food, which can be lightweight and easy to pack for outdoor adventures.
Other options include pre-packaged dog food and treats, as well as homemade options that can be prepared in advance and stored for later use. Ultimately, the best option for a dog will depend on their individual needs and preferences, as well as the activities they will be participating in.
How much money does TurboPup make?
They have made over $1 million in sales since collaborating with Daymond John.
Is there a Shark Tank update?
The company is still running along with $2 million in yearly revenue.
Does TurboPup have any complaints at Shark Tank?
No complaints have been recorded after Kristina’s Shark Tank pitch.
What happened after the pitch?
Daymond and Kristina finished the transaction when the agreement was completed.
They have made $200,000 in sales since collaborating, and they expect to make more than $1 million in sales as a result of more than 700 additional sites and new brand packaging designed by PetSmart.
How many sales did they make during the pitch?
They have made $11,000 in sales since starting their business.
What is the average revenue growth rate of TurboPup since its inception?
The company is still running along with $2 million in yearly revenue in 2021.
Where can I buy it?
Customers can buy at some PetSmart locations as well as on their website.
What is the official website for TurboPup?
The official website is https://turbopup.com/
Can my pet eat it?
Yes, it is made for dogs and cats of all ages.
What is the strategy?
The product line includes both food and treats for dogs and cats. They want to expand to other locations such as Petco and Whole Foods.
How many stores does TurboPup have?
They have more than 700 locations across the United States.
Is safe to buy online?
Yes, you can buy it online.
What is the niche?
The niche is a pet food bar for dogs and cats.
What is the market size of TurboPup?
The market size of TurboPup is $2 million.
Is this a privately owned business?
Yes, TurboPup is a privately owned business.
Do they do sales and marketing strategy?
They have partnered with PetSmart for marketing their product in various locations across the United States.
What are the growth indicators of the company?
They have made over $200,000 in sales since collaborating with Daymond John.
Is there any opportunity?
Yes, they can sell their product worldwide to get more profits.
What is the revenue model of the company?
The revenue model of the company is recurring. They sell monthly subscriptions and offer discounts to get more profits.
What is the stage of the company?
The stage of the company is a startup. They have an idea and need funding to start their business.
What are the growth strategies of the company?
They want to find more companies where there is no competition for pet food, and they had started negotiations with other stores.
What do you like about TurboPup?
I like the fact that it is an innovative product for pets. The pet food bars are made from quality ingredients, and it looks like a good business opportunity.
Who is the target market?
The target market for TurboPup is pet owners and cat and dog lovers/owners.
How can I contact them?
One can contact them directly on their official website.
How long does it take for orders to be delivered?
It depends on their location, but orders ship within one business day.
