What Happened to PetPaint after Shark Tank? PetPaint Shark Tank Update
What is PetPaint?
Pet Paint is a fun, safe alternative to a dog-specific pet costume. Each hue is completely safe, non-toxic, and easily washable.
It’s perfect for dressing up your dog for the holidays or Halloween. Additionally, it is recommended by the majority of veterinarians.
Abe Geary is Pet Paint’s creator and CEO. His career began in 1995, while he was a student at Moorpark College studying marketing. He then obtained entrepreneurial skills while working at Morton Karr’s new company development section.
Who is the founder of PetPaint?
Abe Geary is Pet Paint’s founder and CEO. He later became the proprietor of Creative Displays, where he gained experience thinking imaginatively about business. He established Pet Paint shortly afterwards.
Abe Geary recognized that the majority of dogs despise sewed costumes and set out to remedy a decades-old problem.
He accomplished this by establishing a firm dedicated to the marketing of nontoxic paints specifically for dogs.
Geary founded Pet Paint in January 2010 with the goal of developing nontoxic hairspray recipes specifically for dogs.
All PetPaint products have been vet-tested and are non-toxic to your pet. It’s similar to colored hair paint that people use, and there are stencil kits available to help you design a pattern for your dog.
Abe is also the owner of Creative Displays, a trade show display company; he founded PetPaint in 2010 to “add some swagger to your wager.” The firm is still in its infancy, and Abe is hopeful that the product will gain traction among body paint enthusiasts.
What Happened to PetPaint at Shark Tank pitch?
Abe Geary wants people to be able to paint their pets, which are why he created PetPaint, a colorful hairspray for dogs.
He presented PetPaint to the Shark Tank panel in episode 508, which reunites the popular “women of Shark Tank.” He was seeking for a Shark to assist him in gaining access to national shops.
Abe entered the Shark Tank seeking $200,000 for a 20% stake in his firm, which worth $1 million.
He sends many canines that have been decorated with PetPaint products, including a bulldog painted in the colors of Mark Cuban’s basketball team.
Abe had already committed $240,000 to the venture. Inventory totals $200,000 in value. He had patents pending on important components and has conducted thorough toxicity and irritant testing.
Abe had surpassed $70,000 in sales since he began selling in March. He already had a buy order from PetSmart for a 50-store test, which will generate around $12,000 in revenue. He expects to earn $200,000 in the first year.
Barbara Corcoran was interested in learning about sales. The cans are priced at $9.99. Corcoran believes that the product would struggle to sell at that pricing range, referring to it as a novelty item for holidays and special events. She goes out.
Kevin O’Leary shares a tale about Phoenician purple dye to demonstrate that spray-on pet color was not a patented product. Mr. Wonderful exits, as he generally does in similar situations.
Lori Greiner was concerned about the $200,000 worth of merchandise that was then lying in storage. She also goes out.
Mark Cuban casts doubt on the retail plan, telling Abe that he should focus on digital and social media marketing. “It’s so simple and apparent that he afraid that couldn’t see it.” He exits.
Robert Herjavec was the sole survivor. He concurs with Mark, stating that the greatest approach to sell the product would be through social media. He was undecided, but Barbara Corcoran leaps in.
She was ready to give him the $200,000 he seeks, but in exchange for 60% ownership of the firm. She wants for him to “step aside” and allow her to advertise the goods.
Herjavec exits after hearing Barbara’s offer. Abe examines the offer but declines because “he does not want to join with someone who was only interested in grabbing equity.”
He declines the offer, and left the pitch without a Shark deal.
What Happened to PetPaint after Shark Tank?
Despite the Sharks’ mauling, Abe heeded their advice and moved to the Internet to establish a brand for Pet Paint.
Today, PetSmart and internet retailers sell the product countrywide. Pet Paint is far from being a “niche” product; it is utilized in parades and festivities, as well as animal rescue efforts.
Shelters use the spray to identify spayed or neutered animals and even “dress up” animals to encourage people to adopt. He also carries Savor ski Crystals for adding some “bling” to your dog.
While the Sharks passed on PetPaint, the product is having a moment, and Abe has struck gold. Indeed, Abe was so successful that he is featured in Episode 202 of Beyond the Tank.
The company is still in business and has over $5 million in lifetime sales as of February 2022.
Net Worth of PetPaint
The company valuation was $1 million during and after the pitch. Since then the company is still operating and hence the company net worth might be higher than that of pitch.
What is PetPaint?
PetPaint is a multi-purpose hair spray for dogs. It is made of nontoxic ingredients that paint your dog’s coat with vibrant beauty.
Who is the founder?
PetPaint is founded by Abe Geary. He was born in 1999 in the United States. He is living in California.
How much was seeking on Shark Tank?
Abe was seeking for %200,000 for 20% stake of his company, which worth $1 million.
Did he have the deal?
No, he did not have the deal.
Is PetPaint still in business?
Yes, PetPaint is still in business and it has more than 5 million in sales.
What is the selling price of PetPaint?
It sells for $9.99 on PetSmart website. There are other sellers who sell at a lower price like eBay or Amazon.
What is PetPaint website?
PetPaint Official Website: https://www.petpaint.com
Where is PetPaint located?
The headquarters of PetPaint is located in California, United States.
Where do I buy PetPaint?
Customers can buy pet paint from PetPaint official website and other online retailers like PetSmart, eBay and Amazon.
How much to ship PetPaint?
The shipping cost of PetPaint depends on the location of customer’s address, the weight of their order and any promotions that are going on at the time.
What is the color of PetPaint?
There are different colors like Red, Blue, Black, Clear.
How does PetPaint work?
The spray is applied on the affected area, during which the color dries. When it dries, they’ll see what looks like water-repellent powder on the pet’s coat.
Pet Paint is meant to be a temporary dye and will wash off without damaging the pet or its coat.
How long will PetPaint take delivered?
PetPaint orders are delivered within 3-5 business days after they are made.
What is PetPaint made of?
PetPaint is made of soy and water-based dye. It is completely dry pet safe. There are no chemicals added to the spray.
Is PetPaint easy to wash off?
PetPaint colors go on easily, but they do not wash off until the paint does, in a week or so.
How do I pay for PetPaint?
Customers can make the payment by Credit Card, Debit Card, PayPal or Amazon Pay.
What does PetPaint smell like?
PetPaint smells like a normal hair spray for humans.
How to apply PetPaint?
Customers have to first shake the bottle, then spray directly onto their pet’s hair and rub it in, then let it dry for about 10 minutes and brush their pet’s coat to distribute the color evenly. The paint will stay on until it naturally washes out with cleaning or rain.
Who is the CEO?
The CEO of PetPaint is Abe Geary.
How much does Abe Geary worth?
The net worth of Abe Geary is not available.