Fresh Patch Shark Tank Update

Fresh Patch Shark Tank Pitch

Andrew Feld appeared on Shark Tank Season 6, Episode 17, which aired on February 2, 2015, with dog potty grass patch subscription service.

Fresh Patch is listed in the PetProducts category. In plain terms, the business is described as dog potty grass patch subscription service.

Fresh Patch asked the Sharks for $150,000 for 15%, implying a valuation of about $1 million.

On the show, Fresh Patch made a listed deal with Mark Cuban and Barbara Corcoran for $150,000 for 20%.

If treated as straight equity, the listed deal works out to about $750,000 implied valuation, down from the original $1 million implied valuation.

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

Fresh Patch After Shark Tank

Fresh Patch accepted an on-air Shark Tank deal for $150,000 for 20%. The on-air deal did not close. Follow-up reporting lists the company as in business. (Fresh Patch Shark Tank Update

Fresh Patch reported annual revenue of $10 million as of October, 2022. The founder introduced new sizes: mini, standard, large and extra-large and also sells plastic training trays and dog treats. (Fresh Patch Shark Tank Update

The official website for Fresh Patch is listed as www.freshpatch.com. (Fresh Patch website

Sources

Sources used for this page: Shark Tank API pitches