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PetPlate Shark Tank Update

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It is said that breakfast should be eaten like a king, Lunch like a middle man, and dinner like a beggar, But what about our best companion – the dog. Do we have a meal fit for a king, which is delivered to our doorstep? Well yes, the quintessential food delivery service for your four-legged companion is here – Pet plate. A delicious and wholesome meal for your dog.

The pet lover behind the care is Renaldo Webb who makes fresh dog food in small batches. Starting in 2015 this venture has taken pet nutrition to the next level and customers are loving the food.

Pet plate at a glance:

Business ideaPet food fit for human consumption delivered to your doorstep
FounderRenaldo Webb
Asked for$100,000 for 10%
Accepted dealNo deal
SharksNo shark
Business statusIn business
EpisodeSeason 8 Episode 10
WebsitePetPlate
Petplate at a glance.

Index:

Founder Story:

The formulator of these recipes started the business because he didn’t want to allow his pet to eat food that was not fit for human consumption. The company has now spread to 110 customers and is known all over New York City.

Tying a close bond with his pet and his job, Renaldo worked as a supply chain consultant in a pet food factory. Here he got to know the unknown by getting familiar with the various ingredients.  

Did Pet plate get a deal on SharkTank?

The Pet lover Renaldo entered the SharkTank seeking an investment of $100,000 for 10%. The food is human-safe and can be eaten by humans as well as their pets. All the sharks are given some to taste. But all the sharks except Mark are hesitant. Mark loves it as he takes a bite. There are various flavors and subscriptions to choose from.

The various tenures for the subscription are 1, 3, 6, and 12 months. The sharks are interested in finding out the pricing strategy behind the business and the fact that a 300-mile radius is the delivery focus of this brand. Robert is the first to go out as he is worried about scaling.

The other sharks have different views. Lori loves the owner and his business but thinks she would not be able to give value she’s out. Kevin has his eye on the logistics and believes it to be the downside of the business. He also believes that he has an investment with plated which cost him therefore he would not be able to invest in Pet Plate.  Renaldo says he has covered the problem by producing 300 units each of 4 pounds of dog meals.

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Mark loves the product and Renaldo but he cannot dedicate 24/7 to the business therefore he is out. Chris Sacca thinks this business tackles and competes with Uber food delivery therefore he is out.

What happened to Petplate after SharkTank?

The growth and territory of this business have grown as far as the nation. This company now sells 3000-4000 meals a month nationwide while they have managed to make 10 million meals to this day. They have also got a lot of significant funding that is helping the cause.

Product details:

  • This product is fit for consumption by humans.
  • There are a plethora of doggie dishes available like Barking beef, chomping chicken, Tail wagging turkey, Power packed pork, Lip licking lamb, Lean and mean venison, Sausage bites, and digestive biscuits.
  • They claim that your pet will have a good digestive system, healthier weight, shinier coats, more energy, and most importantly fewer visits to the vet.
  • The three courses of food available are Entrees, Treats, and Supplements.
  • The food is home cooked and delivered to your doorstep.
  • The food has a variety of flavors to choose from and the company has a meal for every pup/dog.
  • You are in an advantageous position when it comes to estimating the meal plan for your pet. Just enter the required details and a meal will be delivered to your doorstep after payment.

Competitors of Pet plate:

Competitors of this firm are:

  • Ollie
  • The farmer’s dog
  • Nom Nom now.

What is the net worth of Pet Plate?

The food-loving and the pet-loving company have a net worth of over $10 million as of today. Till today they have made 10 million meals with the help of their producer and are happy to feed more of their companions for years to come.

Is Pet plate still in business?

The hound in the pet space. Today this company has made its mark with the able guidance of the sharks which Renaldo took to heart. Till today they have made $10 million in meals with the help of their producer and are happy to feed more of their companions for years to come.

The owner has fallen in love with the business and wants to expand it one canine at a time let’s see how far the business helps him create his territory. Renaldo hopes to make the business grow.

PetPlate social links:

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FAQs:

What is PetPlate?

PetPlate is a food delivery service for your four-legged companion is here – Pet plate. A delicious and wholesome meal for your dog

Who founded PetPlate?

The pet lover behind the care is Renaldo Webb who makes fresh dog food in small batches. Starting in 2015 this venture has taken pet nutrition to the next level and customers are loving the food.

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