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Turbopup Net Worth 2021
TurboPup Net Worth 2021
TurboPup is a brand of dog food bars that are grain-free, made with real meat and veggies, and designed for owners to take on their journeys. Based in La Pine, Oregon, the business has since spread to more than 700 locations nationwide.
Consumers have praised this product for its delicious, healthy, and portable nature. As a result, it has become one of the most sought-after pet products available on the market.
Shark Tank Founder Kristina Guerrero first visited the show as a guest in early 2015 with hopes of finding someone who could help her turn her dream into reality. Daymond John, impressed by her military background and entrepreneurial spirit, ultimately joined her business venture as partner.
She entered The Tank hoping to secure $100,000 in exchange for 10% ownership in her company. Although several sharks showed interest, Mark Cuban, Robert Herjavec, and Lori Greiner all quickly withdrew.
She countered with a $100,000 offer for 40% equity, but the sharks weren’t interested. Daymond John was left as the sole remaining shark and saw great potential in her. He appreciated her military discipline but wasn’t sure about her business ventures.
He offered her $100,000 at 40%, but she countered with a demand for 35%. Ultimately, the deal she wanted was done!
Updates From the Tank
In February 2016, Turbopup was featured in an update segment on the 19th episode of season 7. It was then revealed they had joined forces with Fetch, one of the major distributors in pet products, allowing them to expand into over 700 stores nationwide and experience a tremendous spike in sales.
After their Shark Tank episode, they have seen over $200k in sales and plan on reaching $1 million this year!
TurboPup has achieved great success on Shark Tank, amassing a net worth of over $2 million as of 2021 and being carried in more than 700 stores nationwide.
What happened next?
After leaving Shark Tank, the company’s valuation had decreased. But they are now bringing in more revenue than ever before and plan on growing sales and profits which should help boost the firm’s valuation further.
At the Tank, TurboPup’s valuation was close to $1 million. By 2021, they had amassed over $200k in sales and are on track for a whopping $1.2 million this year!