As pet owners, we all worry about our furry friends’ health. We take them to the vet for regular check-ups, but it can get expensive. Sometimes, we don’t even know if something is wrong until it’s too late. This can lead to bigger problems for our pets and heavy costs for us. Many pet parents want a way to keep an eye on their pets’ health at home to catch problems early.
Stephen Chen faced the same concern, so he created Petnostics. It’s a simple system to check your pet’s health using just a small urine sample and your smartphone. This product is not only affordable but also convenient for pet owners everywhere.
Stephen brought his idea to Shark Tank in Season 7. He wanted help to grow his business and make this solution available to everyone. Stephen asked for $300,000 in exchange for 10% equity in his business. Did the entrepreneur get a deal on Shark Tank? Check out our Petnostics update to find out!
Petnostics Net Worth Shark Tank Update 2025
Stephen Chen went on Shark Tank asking for $300,000 for 10% of his company. This meant he thought his business was worth $3,000,000. He made a deal with Lori Greiner for $300,000 in exchange for 20% of the company, lowering the value to $1,500,000. The episode was aired in April 2016. The company offered at-home pet health test kits but shut down in 2022. The current net worth of Petnostics is $0 in 2025.
As for the Petnostics update, Stephen did not finalize his deal with Lori Greiner and Kevin O’Leary after Shark Tank. However, this didn’t stop him. He partnered with Fetch for Pets, a distribution company, to expand his product line. Stephen worked hard to make Petnostics more accessible to pet owners.
The product was available on Amazon for a few years after the episode aired. However, by early 2022, it disappeared from the platform. As of now, Petnostics no longer has an online presence. It seems that
Yes, Stephen got a deal on Shark Tank. He asked for $300,000 for 10% equity. After some negotiations, he agreed to a deal with Lori Greiner and Kevin O’Leary. They offered $300,000 for 20% equity, which Stephen accepted.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Ashton Kutcher | Out | N/A | N/A |
| Lori Greiner and Kevin | $300,000 for 20% equity | N/A | Yes |
| Kevin O’Leary | $300,000 for 15% equity | N/A | No |
| Robert Herjavec | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Petnostics Shark Tank pitch
Stephen Chen created Petnostics because of his love for pets. He wanted to help pet owners monitor their pets’ health at home. Stephen noticed how difficult and costly regular vet visits could be. He wanted a product that could give quick and easy health updates for pets.
Creating this product was not easy. Stephen faced challenges in developing the technology and ensuring accuracy. He also had to get patents for his product, which was time-consuming and costly. Despite these challenges, Stephen believed in his idea and worked hard to bring Petnostics to life.
Stephen entered the Shark Tank stage with his adorable dog Austin. He introduced Petnostics as a simple way to monitor a pet’s health. He explained how the product worked. The Petnostics cup had a lid with built-in strips for urine testing. These strips were the same ones vets used. The cup worked with a smartphone app that gave instant results.
Stephen explained the benefits of the product. It could detect problems like diabetes early. This could save pet owners time and money while helping their pets live healthier lives. He also demonstrated a ladle to help collect urine samples from female pets.
Stephen asked for $300,000 in exchange for 10% equity in his business. He explained that the investment would help him scale production and lower costs.
Each Shark had specific questions about the product.
Ashton Kutcher: Ashton wanted to know about production costs. Stephen explained that each Petnostics cup costs $2 to make. He said that producing in larger quantities could lower the cost to $0.90 per cup.
Robert Herjavec: Robert asked about patents. Stephen mentioned he had four patents covering the cup design and app. Robert also wanted to know if the product would add value for customers. He worried that too much depended on vets liking the product.
Ashton Kutcher: Ashton asked if blood tests would give better results. Stephen replied that most pet owners wouldn’t feel comfortable collecting blood samples.
Each Shark had a unique response to Stephen’s pitch. Mark thought the product was too limited because it only used urine tests. He didn’t think it had enough potential, so he went out.
Robert felt that the business relied too much on vets. He thought the idea was still in its early stages, so he went out.
Kevin was interested in the product but wasn’t fully convinced. He offered $300,000 for 15% equity.
Lori liked the idea and offered $300,000 for 20% equity.
Kevin and Lori Together: After some back and forth, Kevin and Lori decided to team up. They offered $300,000 for 20% equity. Stephen accepted their offer.
Product Availability
From our Petnostics update research, the product was available on Amazon for several years. It offered an affordable and convenient way to check pets’ health. Petnostics cups were easy to use and worked with a smartphone app.
However, as of today, Petnostics is no longer available online. The company’s website is inactive, and the product has disappeared from major online retailers. It seems the business has been discontinued.
Conclusion
Petnostics started as a promising product for pet owners. It provided an easy way to monitor pets’ health and prevent serious issues. Stephen Chen impressed the Sharks with his idea and even got a deal with Lori Greiner and Kevin O’Leary.
Unfortunately, the deal didn’t finalize after the show. Despite this, Stephen continued to grow the business and partnered with Fetch for Pets. However, Petnostics is no longer available as of today.
The product had a good run and helped many pet owners. While it’s unclear why Stephen moved on, his efforts showed his dedication to making pet care easier. We’ll keep an eye out for updates from Stephen or any similar ventures he might launch in the future
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
