Shed Defender Shark Tank Net Worth 2023

Shed Defender is a company founded by brothers Tyson and Miles Walters that makes and sells dog onesies to keep dogs from shedding.

The company was featured on Shark Tank USA in October 2019, where the founders asked for $250,000 for 10% of their company. After some negotiating with the sharks, they agreed to $250,000 for 25%.
Since appearing on Shark Tank, Shed Defender has seen great success. As of 2023, Shed Defender has a net worth of $4,100,000 per month and an average monthly revenue of $700,000. and they have expanded their line to include a “Shed Defender: Sport” and “Winter Fleece”.

They also have a “Paw it Forward” program which donates a portion of their profits to animal shelters. Shed Defender reportedly makes $1 million in revenue annually, and the founders’ net worth is estimated at 2.25 million USD as of 2022.

What Is Shed Defender?

The Shed Defender is a type of dog onesie that covers the dog’s fur to minimize shedding, while still allowing the dog to shed naturally. The onesie fits snugly on the dog, providing a moderate amount of pressure that can promote feelings of calmness, confidence, and security in dogs.

In addition to these benefits, the Shed Defender has several other advantages. For certain breeds, the gentle compression of the garment can be beneficial, especially for nervous dogs that may feel more secure when wearing it.

The Shed Defender can also be a substitute for the “cone of shame” that some dogs have to wear after surgery, and many people find it more appealing than the cone as it can be quite amusing to see a dog wearing a leotard.

Wearing the Shed Defender can also help reduce airborne allergies and pet dander, making it a great choice for winter when you want to keep pests off your dog or just keep them clean for longer. The onesie also has convenient openings for your dog to go to the bathroom.

Overall, the Shed Defender is a versatile and practical accessory for dog owners who want to minimize shedding, reduce allergies, or provide their furry friend with some extra comfort and security.

Who Is The Founder Of Shed Defender?

Shed Defender was founded by Tyson and Miles Walters. In 2011, Tyson conceived the idea while searching for a solution to control Saint Bernard’s excessive shedding.

The Shed Defender resembles a leotard for dogs. It effectively keeps your dog’s hair off furniture, rugs, and automobiles by trapping it inside the leotard, which can be easily removed at your convenience.

Over several years, Tyson dedicated himself to perfecting the product, experimenting with different fabrics and designs until he achieved the perfect fit. Initially, he only made them for his own dog, but after receiving numerous inquiries, he decided to establish a company.

Despite not having consulted with the dogs themselves, customers love the Shed Defender, which is available in a variety of colors and designs and ranges from $39.99 to $62.99 for a “large” size. The Walters brothers have been receiving significant attention in the pet industry for their innovative products which have been well-received thus far.

What Happened To Shed Defender At Shark Tank Pitch?

In episode 1003 of Shark Tank, Myles, and Tyson Walters presented their company Shed Defender, which sells dog onesies, and were seeking a business partner to help them produce and market their product to the pet industry. They asked for $250,000 for a 10% stake in their $2.5 million company.

During their presentation, Myles and Tyson brought their Saint Bernard, Harley, dressed in a Shed Defender onesie. They shared their success story, revealing that they had generated $1.2 million in revenue in just 18 months. Their onesies range in price from $32.99 to $62.99 and provide a profit margin of around 80%.

However, some Sharks expressed concern about the lack of patent protection for the product. Mark was interested in the financial figures, while Barbara didn’t think the product was relatable and suggested delaying retail.

Kevin offered $250,000 for a 33% stake in the company, while Robert made the same offer. Lori entered the bidding with an offer of $250,000 for a 28% stake.

The Walters brothers countered with an offer of 25% equity for the investment, which Lori accepted. In the end, they struck a deal and left the Shark Tank with a new business partner.

What Happened To Shed Defender After Shark Tank?

Lori’s agreement was not finalized, which resulted in both Amazon and Chewy selling the products. Furthermore, they broadened their product line to include chew toys, leashes, and dog shampoos.

Tyson had planned to launch his products for sale in 2020, but due to the Covid-19 outbreak, the launch was postponed until 2021.

In October 2020, they successfully completed a private equity investment round with VisioCap. Their products became available in June 2021 at Bed Bath & Beyond, Walmart, and online. As of February 2022, the company is still in operation and has yearly revenues of $1 million.

Shed Defender Shark Tank Updates

Shed Defender is a company that appeared on Shark Tank in episode 1003 in 2018. The company’s product is a onesie for dogs that prevents shedding fur in the household. The founders, Tyson and Myles Walters, were seeking $250,000 for 10% of their business.

After some negotiating, Lori Greiner agreed to invest $250,000 for 28% of the company. Shed Defender reportedly makes $1 million in revenue annually.

Since appearing on Shark Tank, Shed Defender has expanded its line of products to include leashes, soft chews, and dog shampoo. The company has also started a “Paw it Forward” program, which donates a portion of its sales to a charity that helps animals.

Shed Defender now has a net worth of $4,100,000 per month and an average monthly revenue of $700,000.

In conclusion, Shed Defender has grown since appearing on Shark Tank and has expanded its line of products to include other helpful pet supplies.

The company reportedly makes $1 million in revenue annually and has a “Paw it Forward” program that donates to a charity that helps animals. Shed Defender has a net worth of $4,100,000 per month and an average monthly revenue of $700,000.

Shed Defender Shark Tank Net Worth 2023

CATEGORY	DETAILS
Company Founders	Tyson and Miles Walters
Shark Tank Deal	$250,000 for 25%
Net Worth	$4,100,000/month
Monthly Revenue	$700,000
Product Line	“Shed Defender: Sport” and “Winter Fleece”
Paw It Forward	Donates a portion of profits to animal shelters
Founder’s Net Worth	$2.25 million (2022)
Yearly Revenue	$1 million
Launch Delayed to	2021 (due to Covid-19)
Private Equity Investment	VisioCap (October 2020)
Retailers	Bed Bath & Beyond, Walmart, and online

Competitors of Shed Defender

The primary competitors of Shed Defender in the market space are; Fitwarm, Addie Brands, A Dog Fashion, and Chompers and Sons among others.

Net Worth of Shed Defender

The company valuation was $2.5 million during the pitch. Since then the company is still operating and hence the company’s net worth might have been higher than that of the pitch.

Shed Defender FAQs

What Is Shed Defender Shark Tank?

Shed Defender is a onesie for dogs that prevents shedding. It was created by brothers Tyson and Miles Walters, who appeared on Shark Tank in 2018 seeking $250,000 for 10% of their business.

The Shed Defender looks like a doggie leotard and contains the dog’s hair within the suit to reduce shedding while still allowing the dog to shed naturally.

The Sharks found the product amusing but were impressed with the sales numbers and margins. Lori Greiner made an offer of $250,000 for 25% of the business, which the brothers accepted.

Since appearing on Shark Tank, Shed Defender has expanded its line of products to include other pet products. The company has experienced significant growth and success, with sales skyrocketing after the Shark Tank episode. Shed Defender is still going strong to this day.

How Does Shed Defender Shark Tank Work?

Shed Defender is a company that makes breathable spandex onesies for dogs to prevent shedding. The company was founded by Tyson Walters in 2011 when he wanted a solution for his Saint Bernard’s massive shedding.

Shed Defender appeared on Shark Tank in episode 1003 and secured a $250,000 investment for 25% of their business from Lori Greiner. Since then, the company has expanded its line of products to include other pet products.

The Shed Defender onesie is designed to contain shedding fur, reducing airborne allergens and pet dander. The onesie is made of breathable spandex and is great for winter, keeping bugs off dogs, or just keeping them clean. Shed Defender reportedly makes $1 million in revenue annually and has a “Paw it Forward” program that donates a portion of its sales to a cause.

Shed Defender has grown since its appearance on Shark Tank and is still going strong. The company has new products and ways to help animals.

Shed Defender has nearly 80% margins in place for all nine variations and sizes of their dog onesie that prevents shedding. The company sells its products on its website, Amazon, and is planning to start the process of wholesaling.

Is Shed Defender Shark Tank Still In Business?

Yes, Shed Defender is still in business. Shed Defender is a company that makes and sells dog onesies that keep dogs from shedding. Shed Defender was founded by brothers Tyson and Miles Walters in October 2016.

Shed Defender appeared on Shark Tank in episode 1003 and secured a deal with Lori Greiner for $250,000 for 25% of their business. Since appearing on Shark Tank, Shed Defender has expanded its line of products to include leashes, soft chews, and dog shampoo.

Shed Defender has enjoyed a great deal of success since its time on Shark Tank, with sales skyrocketing.

What Is The Current Valuation Of Shed Defender After Shark Tank?

Shed Defender is a company that makes and sells dog onesies to prevent dogs from shedding. The company was featured on Shark Tank in October 2019, where the founders asked for $250,000 for 10% of their company.

After some negotiation with the sharks, they agreed to $250,000 for 25%. Since appearing on Shark Tank, Shed Defender has seen great success.

As of 2023, Shed Defender has a net worth of $4,100,000 per month and an average monthly revenue of $700,000. Shed Defender has expanded its line to include “Shed Defender: Sport” and “Winter Fleece” products, which have been well received thus far.

Shed Defender’s net worth was estimated to be around $4.1 million in 2022. Shed Defender’s founders, Tyson Walters, and Miles Walters have a net worth of $2.25 million USD as of 2022. Shed Defender’s products are available in various stores, including Chewy.com and Amazon.

How Much Did Shed Defender Make In Sales After Appearing On Shark Tank?

Shed Defender is a company that makes and sells dog onesies to prevent dogs from shedding. The company was founded by brothers Tyson and Miles Walters and officially launched in October 2016.

Shed Defender appeared on Shark Tank in 2018 and asked for $250,000 for 10% of their company. After some negotiation, they accepted an offer from Lori Greiner for $250,000 for 25% equity in the company.

Since appearing on Shark Tank, Shed Defender has seen great success. As of 2023, Shed Defender has a net worth of $4,100,000 per month and an average monthly revenue of $700,000.

The company’s products are available in various stores, including Chewy.com and Amazon. Shed Defender has also expanded its line to include leashes, soft chews, and dog shampoo.

It is not clear how much Shed Defender made in sales after appearing on Shark Tank, but the company’s sales have hit well over $700,000 per month since 2018.

Shed Defender reported $1,200,000 in sales after only selling the product for a little over 17 months at the time of their Shark Tank appearance. Shed Defender’s net worth was estimated to be around $4.1 million in 2022.

How much were they seeking on Shark Tank?

They were seeking $250,000 for a 10% stake in their fiber-filled doggy onesies business.

Who did they land a deal with on Shark Tank?

Lori Greiner offered $250,000 for 25% equity shares of the company.

When did Shed Defender start?

The business was started back in 2011.

Where is Shed Defender located?

Shed Defender is located in California, USA.

Does Shed Defender come in different sizes?

Yes, Shed Defender comes in 20-pound large and 35-pound extra-large sizes.

Does Shed Defender work?

Yes, it does work to some extent as users and reviewers assert that they had seen a reduction in the amount of hair shed by their pets when they used the Shed Defender. It’s great for people who hate dog hair on their upholstery or clothing.

What is Shed Defender made of?

Shed Defender is made of two layers of premium quality cotton fabric that has been treated with a fire-retardant solution.

Which size should I purchase?

The product comes with a sizing chart that should be utilized to decide the size customers should purchase. Please contact support@sheddefender.com if the customer has any issues with sizing. Their sizes are unique in comparison to other pet items, so please refer to our sizing instructions carefully.

Can I leave the Shed Defender on my dog for an extended period of time?

The Shed Defender is not intended for long-term or continuous usage. When the collar is initially worn, we recommend supervising the dog for a trial period to verify the correct fit.

They do not advocate wearing the Shed Defender for more than eight (8) consecutive hours unless otherwise instructed by their veterinarian, and it should be maintained clean at all times.

They urge that they adhere to all proper dog grooming guidelines.

The Shed Defender is ideal for vehicle travels, visits with their dog to family and friend’s homes, and anywhere else where dog hair is not desired.

What is the shipping cost of Shed Defender?

Shipping is free inside the United States of America via USPS. International orders are sent for a fixed charge of $9.99 – $14.99 USD by DHL or USPS.

Is it possible to swap or return it?

Yes, they accept returns and exchanges on all purchases within 30 days of delivery as long as the product is unused, clean, and unaltered or changed. Please contact the store directly if they purchased from another shop.

Is Shed Defender product safe for the dog?

When properly fitted and supervised, the Shed Defender is completely safe for their dog. They do not advocate wearing the Shed Defender for more than eight (8) hours in a row.

While the Shed Defender has been veterinarian certified for a variety of functions, it is recommended that customers visit their veterinarian before using it for medicinal purposes.

Consult their veterinarian about the best approach to using Shed Defender on pets with skin issues.

Is Shed Defender product UV protected?

Yes, the fabric is a close-knit spandex and polyester jersey that effectively protects the majority of UV radiation. Please keep in mind that they do not suggest that dogs wear the Shed Defender in hot weather unless they are supervised by an adult. Please constantly keeps an eye out for the dog’s overheating.

How long does the Shed Defender warranty last?

Their guarantee covers any manufacturing flaws, such as a malfunctioning zipper.

Is Shed Defender beneficial for allergy sufferers?

For humans allergic to dog hair and dander, the Shed Defender significantly reduces the quantity of dog hair and dander dispersed around the house, car, and other spaces.

It does not completely remove allergies because the head, tail, and paws remain exposed, but it significantly reduces allergen distribution in the majority of instances.

What is the net worth of Tyson Walter?

The net worth of Tyson Walter is $1.5 million.

What is the net worth of Myles Walter?

The net worth of Myles Walter is unknown.