If you own a dog, you are likely familiar with the problem of dog hair everywhere in your house. It can be difficult to regulate hair trails from your couch to your automobile, and washing doesn’t appear to be enough. This annoyance is shared by all pet owners, particularly when visitors arrive or cleaning time arrives. The founders of Shed Defender, Tyson, and Miles Walters, were well aware of this struggle.
They decided to address the issue by developing a dog onesie that would contain the lost fur.
Dogs can wear the Shed Defender onesie easily because it is breathable and lightweight. It makes life considerably easier for dog owners by containing the hair and allowing the normal shedding process to continue. Tyson and Miles submitted their concept to the Sharks in Season 10 of Shark Tank in the hopes of receiving money and advice to expand their company.
In exchange for a 10% stock stake in Shed Defender, the two requested $250,000. Did the entrepreneur get a deal on Shark Tank? Check out our Shed Defender update to find out!
Shed Defender Net Worth Shark Tank Update 2025
Tyson and Miles Walters asked for a $250,000 investment in exchange for 10% equity in their company. This meant they valued their company at $2.5 million. They made a deal with Lori for $250,000 in exchange for 25% of their company. This new deal valued their company at $1 million. After the show aired, Shed Defender 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 Shed Defender is about $1.77 million.
As for the Shed Defender update, Shed Defender has prospered since their Shark Tank appearance. Tyson and Miles didn’t let the fact that the agreement with Lori Greiner wasn’t finalized stop them. The business is still operating and makes more than $1 million a year.
Products from Shed Defender can be found on their website, Amazon, and even at big-box stores like PetSmart and Walmart. Additionally, they have broadened their consumer base by adding a variety of dog accessories to their product line.
Shed Defender actively provides a portion of their monthly sales to animal-related NGOs, rescues, and shelters in addition to expanding their business. Their reputation among pet owners has improved as a result of this altruistic strategy, which has also reinforced the goal of their brand.
Yes, Lori Greiner was the first person Tyson and Miles made a contract with. The entrepreneurs accepted her offer of $250,000 for a 25% share in Shed Defender after hearing their pitch.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Lori Greiner | $250,000 for 28% of equity | $250,000 for 25% of equity | Yes |
| Robert Herjavec | $250,000 for 33% equity | N/A | No |
| Kevin O’Leary | $250,000 for 33% equity | N/A | No |
| Barbara Corcoran | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Shed Defender Shark Tank pitch
Shed Defender was an idea that Tyson Walters came up with out of need. Because Harley, his dog, sheds fur all over the place, it become hard to keep his house and car clean. There was nothing on the market that contained the fur, so Tyson looked for something that may be helpful. He therefore made the decision to make one himself.
They created Shed Defender with the help of his cousin Miles, meeting the demands of innumerable pet owners who encounter the same issue. The two first encountered difficulties with marketing and manufacturing. But they remained committed, and their perseverance paid off as Shed Defender became more well-liked by pet owners.
Tyson and Miles boldly displayed their inventive dog onesie as they made their way into the Shark Tank. They described how the onesie traps stray fur inside the garment to keep the shedding under control. Another useful and considerate feature of Shed Defender is an aperture that lets dogs relieve themselves without taking off the suit.
The Sharks were drawn to Tyson and Miles’ remarkable sales numbers, which included $1.2 million in just 18 months after inception. With solid margins of about 80% throughout their nine size variations, they clarified that their product was already profitable. They were requesting $250,000 in exchange for a 10% ownership part in the business. Keep reading our Shed Defender update to see what happens next!
Mark Cuban asked baout the numbers in the business. The founders revealed that they have been selling for 18 months and did $1.2 million in sales.
Lori asked where they sell their products. Tyson responded that they sell it through their website and Amazon. They also started wholesaling.
Mark cuban inquired about the price and the cost of the product. The small ones sells for $39.99 and costs $6.23 to make.
Robert Herjavec Enquiring about consumer opinions, he sought to see whether the product had additional applications. According to Tyson, the Shed Defender helps dogs feel less anxious since its mild pressure is like a comforting hug.
Kevin and Robert each offered $250,000 for 33% of the business
Mark and Barbara chose not to make an offer.
Lori made an offer of $250,000 for a 28 percent stock holding. After negotiating with Lori, Tyson and Miles secured a deal with her on the show by agreeing to 25% stock for the $250,000 investment.
Product Availability
From our Shed Defender update research, Shed Defender is sold on their website Shed Defender, on well-known online marketplaces like Amazon, and at physical stores like PetSmart and Walmart. The onesie costs $39.99 for the lowest size and $62.99 for the largest, and it is available in nine sizes. It is suitable for dogs of all sizes and kinds and is made of an eco-friendly, breathable material. Additionally, pet owners can easily maintain the onesie by machine washing it.
Conclusion
Even though Shed Defender’s Shark Tank voyage didn’t go as planned, Tyson and Miles Walters prevailed. Dog owners have taken a strong interest in the product, and the business has grown significantly. They have created a brand that appeals to pet owners by offering a workable answer to a frequent issue.
Tyson and Miles’ dedication to animal care and ongoing product line expansion has only improved their relationship with customers. In the future, Shed Defender may continue to develop and launch fresh approaches to pet care, which would simplify the lives of pet owners globally.
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.
