What Happened to Heart Pup Sling After the Shark Tank Pitch?
What is Heart Pup Sling?
Heart Pup is a line of dog carriers designed to resemble a scarf or sling. The concept was born out of a wish to move her little dog, Trixi, whether she was traveling or performing housekeeping.
“Each design is inspired by a personal (yet universal) travel experience,” she adds on her website. The range of Heart Puppies is distinguished by exquisitely created decorations. The repertoire is ferocious and irreverent.”
Who is the Founder of Heart Pup Sling?
Heart Pup Sling was founded by Anastasia Balyura.
Each Heart Pup sling is handcrafted by Anastasia using reclaimed copper, leather, knit, and cashmere.
Having a Heart Pup on hand simplifies trips with your canine for the little dog owner on the go.
The dogs are contained in a pocket-like space within the sling, which is worn over the shoulders rather than over the neck.
What Happened to Heart Pup Sling at the Shark Tank Pitch?
Anastasia appeared on Shark Tank season 6 episode 3 wearing a Heart Pup and containing her pet, requesting $25,000 in exchange for a 10% stake in her Heart Pup firm. This corresponds to a $250,000 valuation.
She educates the public about her product and distributes samples. She claims that in one year, she sold 980 pieces at a price of $138 each, netting her over $130K in sales. The Sharks are attracted to her edges.
Robert Herjavec inquired as to the pricing of the item. Anastasia confirmed that each outfit cost her $8 in materials and an additional $8 in production.
When Robert questioned about her total sales thus far, Anastasia stated that her first year of business brought her $135,000 in revenue.
Anastasia asserts that she requires Shark’s assistance in locating a third-party manufacturer to create the product so she can concentrate on running the firm.
Robert congratulated Sarah on her early success, but he could not anticipate a widespread market for the Heart Pup carriers and hence withdrew.
Mark concludes that he would be an unsuitable companion and goes away.
Lori thought that the Heart Pup carrier was easily replicable and lacked uniqueness.
Lori saw it as a niche product that was unlikely to appeal to a large market, particularly at the high selling price. Lori was also unavailable.
Mr. Wonderful exits, declaring that he despises rat dogs.
Daymond believed that money might be made in the region and made an offer. He requested a $50,000 investment in exchange for a 40% stake in the business.
Daymond’s offer surprised the other sharks, and Kevin screamed, ‘That’s horrible.’
Anastasia contemplated the offer for some time before accepting it out of desperation.
What Happened to Heart Pup Sling After the Shark Tank Pitch?
Since Shark Tank, Balyura has been busy selling Heart Pup and maintaining the company’s social media channels with adorable and occasionally sexy images of the dog sling in action.
The product has been featured in a variety of online fashion blogs and publications, both vast and diversified in their readership.
The agreement with Daymond was finalized, and as of August 20, 2021, the firm is still doing well.
What is the Net Worth of Heart Pup Sling?
Anastasia approached Shark Tank with a request for $25,000 in exchange for a 10% stake in her Heart Pup enterprise. This corresponds to a $250,000 valuation.
They accepted a $50,000 offer from Daymond in exchange for 40%, valuing the property at $125,000.
Who are the Competitors of Heart Pup Sling?
There are no known competitors for Heart Pup Sling.
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Heart Pup Sling FAQS
What is Heart Pup Sling?
Heart Pup is a line of dog carriers designed to resemble a scarf or sling. The concept was born out of a wish to move her little dog, Trixi, whether she was traveling or performing housekeeping.
How much was she asking in the Shark Tank?
Anastasia was seeking $25,000 in exchange for a 10% stake in her Heart Pup business.
How much did she received from the Shark Tank?
Anastasia received a $50,000 investment offer from Daymond in exchange for 40% ownership.
Can they wash their sling?
While washing it in cold water on the hand wash/gentle cycle is OK, each washing machine is unique, and each fibre may react differently to the detergent used.
As a result, they cannot assume liability and recommend that consumers wash their slings by hand or dry clean them.
Do they accepts returns?
Please be aware that all sales are final and no refunds will be issued. A one-time size exchange is permitted on sale items (if necessary).
Due to the fact that they are pet products, they do not accept returns for hygienic concerns, and they are custom-made items.
How do they pick a size?
If they are petite or petite and have a little pup, they should choose an extra small if they wish to elevate their pup.
If they are of normal height and have a small or medium-sized dog, they should go for the medium size. Select a big if the individual is full-figured or masculine.
Where is Heart Pup Sling manufactured?
They are made in the United States of America.
Are Heart Pup Slings trademarked?
Tank The Heart Pup Sling is a patented product.
What materials is Heart Pup Sling made of?
The Heart Pup Sling is crafted from ultra-soft Italian cashmere knit wool.
Where can they buy Heart Pup Sling?
Purchases may be made directly from the Heart Pup website, Amazon, or a variety of other online merchants.
Is Slings are safe for puppies?
Slings allow owners to keep their dog near at all times while also helping to keep pets safe from harm.
A sling may be beneficial in a number of situations for both dogs and their owners.
Can they transfer their dog in a sling?
Pets are not permitted to be carried in baby slings. They may, however, transport their pet in a baby sling if the dog is little and weighs less than 11 pounds, such as cats or small dogs.
How does Heart Pup Sling generate revenue?
They generate revenue by selling straight to clients online via their own website and Amazon.com.
How can they contact Anastasia Balyura?
They may visit their website at www.heartpup.com or follow Heart Pup Sling on Facebook, Twitter, or Instagram to be informed about their goods and company.
