Dog owner Andrew Feld, didn’t have a backyard for his dog to go to the bathroom in, and he needed a solution that would work on his balcony. That’s why he created his natural grass patches that can be used anywhere, inside or outside of the home. Will the sharks love his idea on
Shark Tank Fresh Patch Update
- Entrepreneurs: Andrew Feld
- Business: Pet grass delivery service
- Ask: $150,000 for 10% equity
- Result: $150,000 for 20% equity
- Sharks: Mark Cuban and Barbara Corcoran
Andrew brought his Fresh Patch, natural grass patches to the tank. The convenience of his product is great for puppy owners, and also dog owners who can’t send their dogs outside to do their business. The company takes advantage of a recurring subscription model which costs $25.00 on a bi-weekly basis and the product is delivered to their homes.
PET-TRAINING MADE EASY: Fresh sod mat helps dogs learn faster not to urinate and poop inside.
CONVENIENT: Great potty option for indoor or older dogs; perfect for an apartment, balcony or porch.
Now that it was time to talk about the company’s sales, Andrew quickly impressed the sharks by telling them that his company had more than $1 million in lifetime gross revenue sales. All of the company’s sales had come from online platforms, which the sharks also loved to hear. One shark was not interested in investing and that was Robert Herjavec. He didn’t feel like his own dog would like the patch so he went out.
Kevin O’Leary was interested though, and he offered Andrew $150,000 in exchange for 33.3% equity. Barbara Corcoran also decided to make an offer. Here’s was $150,000 for 20% equity, contingent on getting his product into retail stores. In hopes of swaying Andrew to make a deal, Kevin lowered his equity ask down to 20%.
Interested in partnering with Barbara, Mark offered to go in on her deal of $150,000 for 20%, with the same contingency. Andrew accepted their offer! What happened next for his company? Keep reading our Fresh Patch update to find out!
It turns out that the deal with Mark and Barbara never finalized, but research for our Fresh Patch update revealed that in 2022 the company was still in business. Andrew generates more than $1 million in sales every year. That’s great news for his company! You can purchase your own grass patch on Amazon or the Fresh Patch website.
Are you interested in learning more about the other companies featured on Season 6 Episode 17? Follow the links below for our other company updates from the episode.
Before you go, be sure to check out our Season 6 Products Page, for even more on companies and products!