Shed Defender Dog Onesie Update | Shark Tank Season 10

Tyson Walters was tired of his Saint Bernard’s hair getting all over the house, furniture, and car. So, he came up with the Shed Defender, a zip-up onesie for dogs that keeps shedding contained and helps calm anxious pets with light compression. It also works as a more comfortable alternative to the cone after surgery. Will the sharks see a future in this cleanup-friendly solution? Let’s find out in our Shed Defender update and pitch recap.

If you’re short on time, here’s a quick overview of what happened to Shed Defender after Shark Tank.

Tyson and Miles pitched their dog onesie on Shark Tank Season 10, and made a deal with Lori Greiner for $250,000 for 25% equity in their company.

In terms of a Shed Defender update, the company added new products like leashes, shampoos, and dog chews. They also got into retail stores like Walmart, and Target, which helped them grow to over $1 million in annual sales.

Shark	Result
Lori Greiner	Accepted offer of $250,000 for 25% equity
Kevin O’Leary	$250,000 for 33.3% equity
Robert Herjavec	$250,000 for 33.3% equity
Barbara Corcoran	No offer
Mark Cuban	No offer

Shark Tank Shed Defender Pitch

• Entrepreneurs: Tyson Walters and Miles Walters
• Business: Dog onesie that prevents shedding
• Ask: $250,000 for 10% equity
• Result: $250,000 for 25% equity
• Shark: Lori Greiner

Tyson and Miles introduced their product by bringing out dogs wearing the Shed Defender onesie. The sharks reacted positively, and everyone got a sample to examine.

Their product, Shed Defender, is made from a lightweight, breathable fabric that is also eco-friendly and vet-approved.

Shed Defender keeps hair off furniture, calms anxious dogs, and replaces the cone dogs wear after surgery.

Additionally, it unzips from the bottom so that the dog can go to the bathroom. This means that you don’t need to fully remove the onesie beforehand.

Mark Cuban asked about sales so far. Tyson said they had been in business for 18 months and had made $1.2 million in pre-tax revenue. They had sold over 25,000 units.

Lori Greiner then asked where they were selling the product. Tyson said they sold on Amazon, through their website, and had just started wholesaling.

In terms of cost, they sell nine sizes, with their smallest retailing for $39.99 and their largest for $62.99.

The smallest cost $6.23, and the largest cost $13.26. That gave them an average profit margin of around 80%. The sharks liked the strong margins.

Lori asked if they had a utility patent. Tyson said no, explaining they skipped it early on because of the cost.

Tyson admitted the risk of copycats but felt confident in their product. Mark supported the decision, saying a lack of patent wasn’t a dealbreaker.

Robert Herjavec then asked about future sales. Myles said they projected $2.5 million over the next two years. Tyson said they were aiming to get into big-box retail stores.

Mark dropped out. He liked the idea but didn’t know the pet space well enough to help. He also warned that moving to retail might be risky and preferred their current sales model.

Barbara Corcoran agreed. She advised them to focus on what was already working, but ultimately stepped out because she didn’t connect with the product.

Kevin O’Leary, now convinced, made an offer of $250,000 for 33.3% equity. Robert matched the same offer and said he’d be the better partner.

Lori believed the product would do well on TV and offered $250,000 for 28% equity.

After a quick counteroffer back to Lori, the three ultimately agreed to do $250,000 for 25% equity, allowing Miles and Tyson to strike a deal with Lori.

Did they continue to achieve success following Shark Tank? Keep reading our Shed Defender update to find out!

Shark Tank Shed Defender Update

Our Shed Defender update found that the deal was never finalized with Lori.

Despite the deal falling through, after the episode aired, they expanded beyond the original onesie. Shed Defender launched new products like bungee leashes, dog shampoos, and vitamin chews.

This helped them offer more solutions to dog owners and build a stronger brand.

Our Shed Defender update found that they were eventually able to get into major retailers like Walmart, Chewy, PetSmart, and Target.

They also started a give-back program called “Paw it Forward.” A portion of every month’s sales goes to animal rescues and shelters.

With the deal with Lori falling through, Tyson and Miles were able to get an investment from VisioCap and secured patents for some of their products, like a leash with wearable magnets.

Since Shark Tank, Shed Defender has grown to around 15 million in annual sales.

If we get any more news, we will be back for another Shed Defender update.

For more on Shark Tank Season 10 Episode 2, check out the links below.

• Sanaia Applesauce Update
• Ta-Ta Towel Update
• LugBug Update

Before you go, be sure to check out our list of all the Shark Tank Season 10 products.