Heart Pup Shark Tank Update

Heart Pup Shark Tank Pitch

Anastasia Balyura appeared on Shark Tank Season 6, Episode 3, which aired on October 3, 2014, with quality Cashmere dog carrier body sling.

Heart Pup is listed in the PetProducts category. In plain terms, the business is described as quality Cashmere dog carrier body sling.

Heart Pup asked the Sharks for $25,000 for 10%, implying a valuation of about $250,000.

On the show, Heart Pup made a listed deal with Daymond John for $50,000 for 40%.

If treated as straight equity, the listed deal works out to about $125,000 implied valuation, down from the original $250,000 implied valuation.

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

Heart Pup After Shark Tank

Heart Pup accepted an on-air Shark Tank deal for $50,000 for 40%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (HeartPup Shark Tank Update

Heart Pup reported annual revenue of $500,000 as of March, 2023. The deal with Daymond did close and this business continues to do well as of August, 2021, despite the number of dog slings on Amazon and elsewhere. (HeartPup Shark Tank Update

The official website for Heart Pup is listed as www.heartpup.com. (Heart Pup website

Sources

Sources used for this page: Shark Tank API pitches