Woof Shark Tank Update – Net Worth, Pitch & Deal

Everyone loves their pets. They care for them as much as they care for their babies. But their pets can’t always be with them. Especially in any state of emergency. What will happen to their pets if they are late for work or stuck in a traffic jam? These thoughts terrify them. But not anymore; the Woof app takes care of them.

The Woof app is a mobile application that makes sure that your pets are always looked after and being taken care of. It is a geolocation-based app with time-restrained limits. If the timer goes off, the support system is activated. If still there isn’t any response, then the wellness check is made for their safety.

Entrepreneur Arsy Khodabandelou presented his app, Woof, on Shark Tank Season 14. The pitch was good, but the customer number wasn’t impressive. He demanded for $100,000 for 10% equity. But will Sharks invest in something just for pets? Let’s find out.

Woof net Worth

Arsy Khodabandelou asked for a $100k investment in exchange for 10% equity in his company. This meant he valued his company at $1 million. He did not make a deal with any of the Sharks. After the show aired, Woof did not see significant growth. With an estimated 5% yearly growth rate (lower than typical business growth due to the challenges highlighted by the Sharks), the current net worth of Woof is about $1.11 million.

What Happened to Woof After Shark Tank?

Despite Shark Tank’s appearance, there wasn’t much response from the audience. The business is still running, and social media accounts are active. But unfortunately, there wasn’t any good progress on its journey.

Did Woof get a deal on Shark Tank?

No, Woof didn’t get any deal. All Sharks stepped out. 

Shark(s) nameOffer & DemandCounterofferAccepted?
Robert HerjavacOutN/ANo
Lori GreinerOutN/ANo
Kevin O’LearyOutN/ANo
Barbara CorcoranOutN/ANo
Mark CubanOutN/ANo

Woof Shark Tank Update

woof net worth

Founders & their Backstory

Arsy was in a car accident. At that moment, he was thinking about his life and dogs. As he lives alone in New York. So, he decides to take a step. He surveyed by talking to pet parents around him. He felt that it was a real issue. So, he made the Woof app.

Initial Pitch

Arsy begins his pitch with an introduction of himself and his three pet dogs. He then demanded for $100,000 with 10% equity. He then explained his fear of taking care of his pets in case of any unexpected situations. So he created Woof. This app is built to ensure the safety of the pet and take care of it if its owners are in an unwelcome situation.

He further explained how the Woof app works. The app uses a geolocation timer which starts once you step outside your location. It ends on pre-set time. If the timer runs out, the app will consider it an emergency. Then, a support system gets to work. The system calls you first and then your contact list to assess the situation. 

If the situation persists, then a wellness check is conducted. A checkup will be made to ensure that the pets are okay. It works in the background. Arsy concluded the pitch and asked Sharks to join them.

Queries about the Product

what happened to woof after shark tank

Kevin begins his inquiries first. He inquired if there were any sales. Arsy replied that the app had been live for three months. He mentioned there have been incidents but nothing serious enough to rescue dogs. Robert inquired if the service included walking and feeding the dogs. Arsy responded that if the timer is out, their team waits up to three hours. Then, move to step three, the wellness check.

They contact the local authorities. They make a check-up on dogs and make sure that they are okay. They bring the dogs with them to ensure their safety. Mark inquired if the dogs weren’t okay and needed care. Arsy replied that animal welfare should take care of those dogs till you or your family members claim them back. Robert inquired if there is any service where dogs are taken care of if the owner isn’t available. 

Arsy replied with a no. The service is go and see only. Lori inquired about why he had this idea. Arsy shared a story. Kevin and Robert inquired about the number of customers and their costs. Arsy answered that it costs $2.99 subscription per month and $30 per annum. Robert inquired about the number of paid users.

He replied that he had 317 downloads and 102 subscribers. He further explained that he spent $2,500 on marketing and learned the development himself. Moreover, the pet service is available for any pet. 

Shark’s Responses & Final Deal

did woof get a deal on shark tank

Daymond is the first Shark to step out. He thinks that the business will face a lot of challenges. Such as the name Woof, which is very common and which he doesn’t own. Robert was next. He thinks the target audience is very low. So he stepped out. Lori admired the idea but didn’t think of it as a business to invest in.

Kevin stepped out as he is a one-man show. He can’t handle everything on his own, and the idea is not worth enough. Last was Mark. He liked it, but there was no growth in it. He left without a deal. 

What Went Wrong with Woof on Shark Tank

The pitch was great, and the idea was amazing. However, the low number of customers and paid subscribers made Sharks think about the app. Despite its good cause, entrepreneurs couldn’t get a deal.

Product Availability

The Woof app is a pet safety and well-being app. The app takes care of your pets while you can do other work. This app works according to a timer that begins and ends as per the geolocation of your home. In case the time is up, a support system will push in. 

It waits up to 3 hours, then cares about you or your contact list for help. In case this security check fails, the wellness check is made by local authorities to ensure everything is okay with our pets. This app is for all pets. It has a subscription model. You can get your subscription model from their website

Conclusion

Entrepreneur Arsy Khodabandelou is at Shark Tank Season 14 with his unique idea to keep its pets safe and secure. His Woof app makes sure that your pets are safe while you are away. It works on a timer timer-based counter that you can set up As you relieve your home or premises, the geolocation activates the timer. 

Additionally, two support systems and wellness checks are made for the safety of the pets if there aren’t any responses from the owner. The pitch was good, but subscription prices were low. He demanded for $100,000 for 10% equity. However, the low customer numbers made Sharks think about its growth. Due to this, all Sharks stepped out. And Arsy has to leave without a deal.

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