Cat Amazing Shark Tank Update

Cat Amazing Shark Tank Pitch

Andrey Grigoryev appeared on Shark Tank Season 13, Episode 20, which aired on April 15, 2022, with line of interactive puzzle feeders to keep cats entertained.

Cat Amazing is listed in the PetProducts category. In plain terms, the business is described as line of interactive puzzle feeders to keep cats entertained.

Cat Amazing asked the Sharks for $200,000 for 10%, implying a valuation of about $2 million.

On the show, Cat Amazing made a listed deal with Lori Greiner for $200,000 for 22% with each donating a 5% stake to a cat shelter charity.

If treated as straight equity, the listed deal works out to about $909,090.909 implied valuation, down from the original $2 million implied valuation.

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

Cat Amazing After Shark Tank

Cat Amazing accepted an on-air offer and immediately saw how quickly cat owners could clear inventory after a national TV appearance. (Cat Amazing Shark Tank Update

On the night the episode aired, Andrey Grigoryev sold out of Cat Amazing products. (Cat Amazing Shark Tank Update

The company then took pre-orders for fulfillment in mid-May 2022, turning the sellout into a backorder-management problem rather than a dead end. (Cat Amazing Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches