Shed Defender Shark Tank Update

Shed Defender Shark Tank Pitch

Tyson Walters and Miles Walters appeared on Shark Tank Season 10, Episode 2, which aired on October 14, 2018, with The dog onesie that contans pet hair and dander.

Shed Defender is listed in the PetProducts category. In plain terms, the business is described as The dog onesie that contans pet hair and dander.

Shed Defender asked the Sharks for $250,000 for 10%, implying a valuation of about $2.5 million.

On the show, Shed Defender made a listed deal with Lori Greiner for $250,000 for 25%.

If treated as straight equity, the listed deal works out to about $1 million implied valuation, down from the original $2.5 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Shed Defender After Shark Tank

Shed Defender accepted an on-air Shark Tank deal for $250,000 for 25%, but later updates say the deal did not close. (Shed Defender Shark Tank Update

By April, 2024, update sources put Shed Defender's annual revenue around $1 million. (Shed Defender Shark Tank Update

In October, 2020, they did a private equity funding round with VisioCap. (Shed Defender Shark Tank Update

Products from Shed Defender are available on Amazon and Chewy. (Shed Defender Shark Tank Update

The company also introduced chew toys, leashes and dog shampoos to their line. (Shed Defender Shark Tank Update

The current brand site points customers to sheddefender.com. (Shed Defender website

Sources

Sources used for this page: Shark Tank API pitches