What happened to The Bear and The Rat after Shark Tank?
What exactly is The Bear and The Rat?
The Bear and The Rat is a firm that creates stomach-friendly frozen treats for dogs and cats.
Each cup contains one serving of prebiotics and digestive enzymes, both of which encourage healthy stools and help to decrease gas.
Their nutritious and long-lasting “dog ice cream” yogurt is perfect for dogs with sensitive stomachs. They also did not overlook your pet.
Frozen goat milk yogurt supplements can assist both dogs and cats. There is no mixing or measuring with any of their ready-to-eat treats (and hence no mess).
It’s made with real ingredients like peanut butter, Applewood smoked bacon, and banana.
Who are The Bear and The Rat’s Founders?
The Bear and The Rat was formed by Matt and Meg Meyer, a husband and wife team.
Meyers has been making probiotic, gluten-free frozen yogurt for dogs since 2010.
The Rat and the Bear Laika (The Rat), a Meyer’s rat terrier, and Quimby, their Lhasa Apso, inspired the moniker Cool Treats for Dogs (The Bear). Although the frozen yogurt is of human grade, it is intended for dogs.
An animal nutritionist and a veterinarian have approved the products. Dogs tend to enjoy the variety, which include “Bacon Peanut Barker,” “Banana Peanut Barker,” and “Choc o Not.”
What Happened to The Bear and The Rat During Their Shark Tank Pitch?
Matt and Meg appeared on Shark Tank season 4 episode 7 looking for a $125,000 investment in exchange for a 20% share in their firm. This translates to a $625,000 valuation.
They have roughly $30,000 in sales and are in the midst of negotiating a deal with Petco, according to Meg.
They offer the Sharks samples to try, and it appears that The Bear and the Rat appeals to canines significantly more than Sharks; the Sharks DO NOT enjoy the product!
Daymond John gets out first since the Bear and The Rat don’t have a lot of sales.
Mark thinks they’re overrated and tells them not to listen to someone who doesn’t have to deal with the repercussions; he’s gone.
Kevin feels their speciality is too limited, therefore he is also leaving.
Lori Greiner works as a model. Lori adores Matt and Meg; she recommends them to give it some time, but she is out as an investment.
Robert is well-known for his affinity for dogs. At one point during the pitch, he coaxes one of the dogs to approach him.
The dog squirms and falls to the floor as he picks it up. Fortunately, the dog was not harmed.
Despite his love for the dogs, Robert feels the company is overvalued, therefore he is also departing.
What happened to The Bear and The Rat after Shark Tank?
The Bear and The Rat made a lot of money from their performances on Shark Tank.
Despite not receiving a contract, they received a lot of interest from merchants.
They are still not available at Petco, but sources tell me that they are available at a number of Whole Foods stores and other companies in the Denver area.
Unfortunately, the Bear passed away in 2014. The company made considerable strides, acquiring access to more than 3000 small, independent pet stores.
They are also sold in Publix stores in the southeast. In June 2019, the company announced that it would be sold in Whole Foods stores across the country.
The company’s annual revenues will be $5 million in August 2021.
What is The Bear and The Rat’s net worth?
Matt and Meg appeared on Shark Tank season 4 episode 7 looking for a $125,000 investment in exchange for a 20% share in their firm. This translates to a $625,000 valuation.
The current valuation is clearly higher than the one they request.
Who are The Bear and The Rat’s competitors?
The Bear & The Rat’s primary rivals include Nature’s Food Patch, The Nutro Company, Schell & Kampeter Inc., The Dogs List, Pet Bistro, Nulo Inc., C.J. Foods, Inc., and Simmons Foods Inc.
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The Bear and The Rat FAQS
1. What is The Bear and The Rat?
The Bear and The Rat is a firm that creates stomach-friendly frozen treats for dogs and cats.
2. Where are The Bear and The Rat’s headquarters?
The company’s base of operations is Hygiene, Colorado, USA.
3. What inspired the name The Bear and The Rat?
The inspiration for the name came from a husband-and-wife duo’s pets: a rat terrier named Laika (The Rat) and an Lhasa Apso named Quimby (The Bear).
4. Who are The Bear and The Rat’s founders?
The Bear and The Rat was formed by Matt and Meg Meyer, a husband and wife team.
Meyers has been making probiotic, gluten-free frozen yogurt for dogs since 2010.
5. What is The Bear and The Rat’s mission?
The Bear and The Rat’s mission is to provide nutritious treats that taste great for dogs.
6. What happened to The Bear and The Rat after Shark Tank?
The Bear and The Rat made a lot of money from their performances on Shark Tank.
Despite not receiving a contract, they received a lot of interest from merchants.
7. What is The Bear and The Rat’s net worth?
The Bear and The Rat’s current valuation is clearly higher than the one they request.
8. Who are The Bear and The Rat’s competitors?
The Bear and The Rat’s primary rivals include Nature’s Food Patch, The Nutro Company, Schell & Kampeter Inc., The Dogs List, Pet Bistro, Nulo Inc., C.J. Foods, Inc., and Simmons Foods Inc.
9. Are The Bear and The Rat safe for human consumption?
Yes, The Bear and The Rat frozen treats are safe for human consumption.
10. How were the founders seeking in the Shark Tank?
The Bear and The Rat was looking for a $125,000 investment in exchange for 20% of the company.
11. Did they get the deal from the Sharks?
Unfortunately, The Bear and The Rat did not receive a deal from any Shark.
12. What is The Bear and The Rat’s business model?
The Bear and The Rat uses traditional retail stores to market frozen treats to customers.
13. What is annual revenue of The Bear and The Rat?
The Bear and The Rat’s annual revenues are $5 million as of August 2021.
14. What are some of the flavours available from The Bear and The Rat?
The Bear and The Rat produce nine flavours, including “Banana Peanut Barker,” “Choc o Not,” and “Bacon Peanut Barker.
15. What are the ingredients in The Bear and The Rat?
Ingredients are Dried Rice Syrup, Peanut Butter (peanuts), Bacon, Optgagest and Yogurt (skimmed Milk, Guar Gum).
