On Shark Tank Season 11 Dog Threads made an appearance with a fascinating concept. Gina and Scott Davis encouraged people to dress like their canines. They established a business producing clothing for dogs and their owners. Their business was called Dog Threads. They requested $250,000 from Shark Tank in exchange for 17% of their company. Several adorable dogs wearing vibrant matching clothes accompanied the pair as they showcased their goods to the Sharks.
They assured the Sharks that their clothing was made of high-quality materials and was entertaining. Helping folks dress up with their pets was the aim. Although they had been doing this since 2014, they only recently made it their full-time job. Scott and Gina wanted a shark to help them build their business because they were sure it would grow and expand. Will the entrepreneur get a deal on Shark Tank? Check out the Dog Threads update to find out!
Dog Threads Net Worth Shark Tank Update 2025
Scott and Gina Davis asked for a $250k investment in exchange for 17% equity in their company. This meant they valued their company at $1.47 million. They made a deal with Mark Cuban for $250k in exchange for 25% of their company. This new deal valued their company at $1 million. After the show aired, Dog Threads saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Dog Threads, now known as Good Thomas, is about $1.61 million.
Following some significant modifications to Shark Tank Dog Threads. The business changed its name to Good Thomas in honor of their cherished dog. They started selling more goods and kept expanding. Good Thomas was still operating and doing well in 2024. They started selling more than just dog-and-human matching clothing.
In addition, they introduced harnesses and leashes. By now the company’s yearly revenues had surpassed $365,000. The company continued to expand and gained even more recognition their website included a wide range of entertaining and bright merchandise for pet owners who like to match with their animal companions.
On Shark Tank, Dog Threads did indeed get a deal. The Shark that struck the agreement with them was Mark Cuban. Gina and Scott requested $250,000 for 17% of their business. Mark Cuban gave them $250,000 in exchange for a quarter of their company after some negotiating.
Mark had faith in their company and thought that concentrating on product licensing would help them succeed. He recognized the opportunity to collaborate with well-known companies and expand their business. Happy with the agreement, Scott and Gina departed the Tank with high hopes for their future with Mark on board.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Daymond John | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Mark Cuban | $250,000 for 30% equity | $250,000 for 25% equity | Yes |
Dog Threads Shark Tank pitch
Because Scott and Gina Davis cherished their dog Thomas as much as they did their first child, they founded Dog Threads. They sought to create stylish and enjoyable clothing for him. Gina used her skills as a fashion designer for people to create clothing for dogs. The couple thought other dog owners would welcome wearing clothes that matched their pets. Their goal was to produce a superior product that would enhance the appearance of both humans and animals.
The couple initially faced difficulties juggling their day jobs and Dog Threads development. They first had trouble expanding the company but they were enthusiastic about the concept. It took them some time to go full-time with their company and give it the attention it needed to succeed.
Scott and Gina were self-assured when they entered the Shark Tank. They used a variety of dogs dressed in their clothing to showcase their merchandise. The Sharks were impressed by how cute dogs appeared in their vibrantly striped clothing. Since launching the company in 2014, Scott and Gina reported that they have generated $465,000 in revenue.
The couple claimed to have made $196,000 in sales the year before they arrived at the Tank and to have only recently started working full-time with Dog Threads. They sought the assistance of a shark to expand the company and attract new clients. They wanted their human and dog suits to be a huge hit.
The Sharks had a lot of questions and were interested in the product. They were interested in the retail prices as well as the cost of production. Scott and Gina explained that it cost $10.75 to make a small dog shirt which they sold for $40.
They sold human clothes for $68 after charging $21.50 for them.
The Sharks were interested in the couple’s plans for expanding the company. They also questioned as to whether matching pets was indeed in high demand. Although they loved the idea the Sharks weren’t sure if it would be successful in the long run.
The first Shark to make a bid was Mark Cuban. He recognized the promise of licensing their items and had faith in the company. He made Scott and Gina an offer of $250,000 in exchange for 30% of their business. The offer pleased the couple but they wanted to haggle over the percentage. Mark was asked whether he would accept 25% rather than 30%.
Mark first refused but he eventually consented after learning their argument for wishing to leave more of the business for their son’s future. Mark’s offer was enthusiastically accepted by Scott and Gina. The pair left with a new business partner and a deal to help them expand their enterprise.
What Went Wrong With Dog Threads On Shark Tank?
The agreement did not appeal to all of the Sharks. Robert Herjavec, Lori Greiner, and Daymond John all left. They didn’t think their pets needed to be dressed up. Lori did not believe she could contribute to the growth of the company and thought she was not a good fit for it.
Both Robert and Daymond found the idea entertaining but they would not make an investment. Kevin O’Leary wanted to make an offer but Mark Cuban threatened to withdraw his own if Scott and Gina listened to Kevin’s. The pair rejected Kevin’s offer and chose to accept Mark’s offer.
Product Availability
A range of coordinating clothes for people and their dogs is available from Good Thomas. More than merely shirts are now part of their product portfolio. Leashes, harnesses, festive jumpers, and even pajamas are now available for purchase. Their products all have distinctive patterns and designs and are vibrant and entertaining.
Products from Good Thomas can be bought on their website. The cost of the clothing is comparable to what it was on Shark Tank. Human shirts are still approximately $68 while dog tees are about $40. Also available are matching accessories for your pets and other goods. Customers who wish to match with their animal pals can purchase goods from Good Thomas’s online store.
Conclusion
Dog Threads now known as Good Thomas had a thrilling and enjoyable journey on Shark Tank. Scott and Gina Davis had a brilliant idea for matching canine and human costumes when they arrived at the Tank. They struck a deal with Mark Cuban. Who supported their expansion and had faith in their company.
They have increased their yearly sales and broadened their product offering since Shark Tank. They are still producing high-quality, entertaining things for dog owners who wish to dress up their animals. Good Thomas appears set to continue expanding and gaining new clients as they go forward. They have the ability to grow their brand and develop their company with Mark Cuban’s assistance.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
