Pet Plate Net Worth 2022 – What Happened After Shark Tank?
The Pet Plate company appeared on Episode 10 of season 8 of Shark Tank asking for a $100,000 for 10% stake in the company.
But did the deal go through? And is the company still in effect today? Continue reading to find out if Pet Plate is a success and what their 2022 net worth is.
The company has now developed an estimated net worth of over $10 Million, read on to find out more.
What Is Pet Plate?
Pet Plate is a company specifically developed for pet owners.
The company offers a subscription service where pet owners can get fresh, healthy dog food recipes delivered to their homes.
These healthy meals are prepared according to the pet’s weight, age and specific dietary needs.
The meals are made with vitamin enriched vegetables such as peas, carrots, squash and broccoli. All meals are packed with nutrients to meet the standards of AAFCO Dog Food Nutrient Profiles.
What is Pet Plate’s Net Worth?
In 2021, Pet Plate raised $9 million in funding with a contribution from General Mills.
Other organizations such as The Yard Ventures and Castor Ventures also invested in the company in their funding.
Pet Plate has the backing of industry leaders and investors so the company can grow and reach millions of dog owners across America.
Who is the Owner of Pet Plate?
Renaldo Webb who is a former analyst for a pet food company founded Pet Plate in 2015.
During Webb’s time working for the pet food company he discovered the low-grade ingredients and standards used to make mass-produced dog food.
This inspired Renaldo to create a healthier alternative for pets around the US.
Why is Pet Plate so Popular?
Pet Plate is popular because it guarantees pet owners food that’s healthier for their dogs to eat.
It also gives pet owners the convenience of delivery services. Each plate is tailored to a dog’s specific needs.
Whether the dog has diabetes, cancer or allergies a plate will have the nutrients and vitamins needed for a dog to live a healthier lifestyle.
Shark Tank Appearance – Did It Go Through?
Renaldo Webb appeared on Shark Tank in season 8, episode 10 with his dog Winston.
Webb was seeking $100,000 investment with a 10% stake in his company. However, the owner of Pet Plate left without a deal.
Where Is The Pet Plate Company Today?
Even though the deal for Pet Plate didn’t go through on Shark Tank, the company is extremely successful today.
Since the company’s inception they have delivered more than 9.2 million human-grade meals to dog owners across 48 states in America.
Conclusion
Many pet owners were saddened that the Pet Plate deal didn’t go through on Shark Tank.
But the business is still running and they’re a massive success in the US.
The company is backed by industry leaders who want to provide healthier foods to dog’s especially those who have special dietary needs.
Renaldo also states that his company wouldn’t have been the success it is today without the appearance on Shark Tank.
With $9 million in funding Pet Plate plans to create new and improved products such as organic treats and nutritional supplements.
