SEASON 10 EPISODE 10
pet bathing tool
Tom Zipprian and Daniel Lentz
$200k for 10%
Aquapaw is the wearable 2-in-1 water sprayer and bath scrubber that is here to make bath time less stressful for you and your dog.
Aquapaw was founded by Virginia Tech alumni Daniel Lentz and Tom Zipprian. The duo took their idea to Kickstarter in 2016 where they reached their pledge goal of $42,000 with 455 backers.
Although a number of similar products exist, the Aquapaw remains the best selling of its kind.
AQUAPAW ON SHARK TANK
As innovative as the product is, Lori Greiner feels the dog space is too competitive goes out. Mark Cuban, who “hates” the dog space, shares the same sentiment as Lori and he too goes out.
Fortunately for Aquapaw, a few Sharks remain. Robert Herjavec makes the initial offer before Daymond John comes in with an offer of 200k for 30%, followed by Bethenny Frankel who matches his offer.
Robert changes his offer by asking for more equity in response to Daymond and Bethenny but also to punish the Aquapaw duo for not accepting his initial offer.
Aquapaw makes a counter offer to Daymond and Bethenny of 200k for 20%. After feeling neglected and rejected at not being included in the counter offer, Robert goes out.
Neither Bethenny nor Daymond like the offer and Bethenny goes out.
Daymond counters again but the Aquapaw duo won’t budge. They refuse his offer and eventually leave the Shark Tank without a deal.