Dogue Shark Tank Update – Net Worth 2024

In this super exciting episode of Shark Tank, Rahmi and Alejandra brought their innovative product to the sharks. Dogue is a company that specializes in making a particular type of food product for our pet dogs. It knows how to take care of our furry friends.

They make sure their pastries are not only delicious but also free from any harmful substances. The entrepreneurs of the Dogue joined the show in Season 15 Episode 15 and presented their product. The sharks involved were Lori Greiner, Mark Cuban, Robert Herjavec, Kevin O’Leary, and Daymond John.

Let’s see if the product can inspire investors. Did the company manage to close a deal with them? If you have missed the episode somehow and want to know more about the outcomes, just read this article and you can enjoy the whole scenario! Buckle up!

Dogue Net Worth

Rahmi Massarweh and Alejandra asked for a $100,000 investment in exchange for 20% equity in their company. This meant they valued their company at $500,000. They did not make a deal with any of the Sharks. After the show aired, Dogue 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 Dogue is about $805,000.

Dogue Shark Tank Update

What happened to the Dogue after Shark Tank?

Yes, Dogue is still in business as of February 2024. The founders are dedicating their whole attention to this company and expect that it will grow into a successful business in the future. The official address for this product is San Francisco, California, United States. Even though the program has just recently aired, the Dogue co-founders are already feeling the Shark Tank influence. Thousands of interested Shark Tank fans have already flooded the website.

Did the Dogue get a deal on Shark Tank?

Unfortunately, Dogue failed to secure a deal on the show. The entrepreneurs could not manage to convince the sharks to invest in their business.

Shark(s) name	Offer	Demand	Counteroffer	Accepted?
Daymond John	Out	N/A	N/A	N/A
Lori Greiner	Out	N/A	N/A	N/A
Kevin O’Leary	Out	N/A	N/A	N/A
Robert Herjavec	Out	N/A	N/A	N/A
Mark Cuban	Out	N/A	N/A	N/A

Founders and Backstory

Rahmi Massarweh and his wife Alejandra are the co-founders of the company. Dogue is an opportunistic carnivorous dog product that was launched in 2015. During their relationship, they each adopted and named an English Mastiff dog Grizzly. To keep the grizzly healthy, they fed it nourishing meals. After one week, Grizzly disliked eating the same stuff again and over.

Massarweh is a chef by profession, and as a remedy to this dilemma, he began creating several delicious carnivore dishes for his canines. Many people noted how happy and healthy Grizzly was and inquired about the meals he ate.

After receiving these compliments, Rahmi and Alejandra decided to create a dog daycare in 2015, five years after obtaining their furry friend. Next, they built two fine-dining dog restaurants in San Francisco, serving pastries, premium entrees, desserts, and fancy beverages to canine guests. The food was inspired by European cuisine.

Initial Pitch

The entrepreneurial duo joined the Shark Tank and were looking for a $100,000 investment in exchange for a 20% stake in their awesome company. Their specialty is crafting delicious and healthy protein-rich food specifically for our furry friends. The mouthwatering cakes and pastries are made with particular ingredients like fermented goat milk, organic berries, and even beetroot cream.

They also use wild antelope in their recipes to give it that extra special touch. To seal the deal, the entrepreneurs brought their adorable pet dog, Achilles, to show the sharks just how much pets love their amazing products.

Queries About the Product

After the entrepreneurs finished their presentation, the Sharks were full of praise for the product and even complimented the cute pet. They were then presented with a sample to taste, and John bravely decided to give it a try. However, he found that it wasn’t quite a tasty meal for humans.

The Sharks then asked about the retail establishment, and Rahmi mentioned they have a brick-and-mortar store in San Francisco, spanning 1600 square meters. They had been operating for just a year and were making around $20,000 in monthly sales. Unfortunately, the Sharks weren’t impressed by the sales value and felt hesitant about investing in a business with underwhelming sales.

Kevin expressed surprise and questioned how they planned to expand their product to sell nationwide. Rahmi’s response, saying they would do it with the Sharks’ help, annoyed the Sharks and led to laughter. Kevin then inquired about the cost and sale prices.

The founder explained that it would cost $2 to make a package, which they would sell for $8. Additionally, an individual pastry would cost 85 cents to make but would be sold for $15. The higher price point surprised the Sharks. Robert then asked about the overall sales, and the entrepreneurs mentioned it was around $20,000. However, the Sharks still found the product to be very expensive.

Shark’s Responses and Final Deal

Lori was impressed by the product but decided not to invest. Kevin felt it was too expensive and also passed. Robert pointed out the lack of shipping options, and Mark shared the same concerns. Unfortunately, due to these reasons, none of the Sharks were willing to make a deal, leaving the company unsuccessful in securing an investment.

What went wrong with the company on Shark Tank?

Things didn’t go as planned for the entrepreneurs on Shark Tank because none of the Sharks were interested in making a deal with their company. They had concerns about the company’s ability to pay back the investment and the lack of shipping options. The Sharks also thought the product was a bit pricey.

They felt that the cost was on the higher side. Even though they liked the product, it seems like the business side of things didn’t quite align for them. But at the end, Robert lightened the mood with a playful comment about wanting to buy Achilles, which brought some laughter to the show.

Product’s Features and Availability

Dogue is a company that provides us with wonderful meals for our animal buddies. They prepare their dishes with fresh, human-grade ingredients that are in season. They make excellent dog cakes out of chicken and liver, as well as sardines and veggies.

The best thing is that you can browse and purchase all of their items directly from their official website. It is quite handy, and your dog will undoubtedly adore these delicious treats. You may discover their online store at DogueSF.com. If you are in San Francisco, you may also visit their branches in the Mission District and Dolores Heights.

Their Yelp ratings are excellent, with an average of 4.7 stars out of 37 reviews. The menu items vary in price, ranging from $2.5 to $95. Do not forget to visit their online store on their website, where they sell ready-to-serve meals and other unique goods. The costs range between $4.95 and $139.99. It is fantastic that they have an internet store and it helps them to reach clients outside of California.

Conclusion

The company didn’t make a big impression on the show. The entrepreneurs weren’t able to inspire the sharks, even though the investors liked the product’s features. Unfortunately, no one was ready to invest in their company. However, the founders are still hopeful and eager to grow their business. They appreciated appearing on the show and valued the opinions of the sharks. They believe that these pieces of advice can help them expand their business.