PupBox, a subscription box service geared specifically for puppy owners, is introduced by Ben and Ariel Zvaifler on Shark Tank episode 810.
Their puppy prompted them to offer their services after raising it themselves. Since big box stores didn’t have the right snacks and toys for their boxes, the company searched for the best things to include.
Every month, you receive a box of training treats, chews, accessories, toys, and training aids. They are “age-appropriate” for your puppy’s stage of development.
The monthly cost of a Pup Box subscription is $29, and a one-time purchase costs $39 (plus shipping and handling).
Every package contains items worth more than $40, indicating that each box contains valuable items.
PupBox is most likely looking for a Shark to assist with funding growth. Is it possible for a Shark to appreciate puppies?
What Is PupBox?
PupBox is a subscription box that offers dog treats and toys to new owners and parents and advice on dog training and caring for pets.
The puppy’s physical characteristics affect what is placed in the boxes, so the contents alter with time.
The PupBox plan offers a multi-month program tailored to the puppy’s needs, allowing dog parents to raise their canine babies more effectively.
PupBox provides toys, treats, and accessories to their door. Still, it also contains training guides on topics like teething, house training, and everything else they’ll need as their forked grows into an adult.
PupBox makes it easier to raise a puppy than ever before.
|Entrepreneur||Ben Zvaifler and Ariel Zvaifler|
|Product / Business||Subscription box for puppies that are fun and educational|
|Investment Asking For||$250,000 for 10% equity in PupBox|
|Final Deal||$250,000 for 15% equity in PupBox|
|Episode||Season 8 Episode 9|
|Business Status||In Business|
Who Is The Founder Of PupBox?
Ben and Ariel Zvaifler, from San Diego, California, are the founders of PupBox.
The PupBox service helps you navigate the process more effectively by sending you monthly boxes that include high-quality toys, detailed training instructions, treats, and puppy accessories that correspond to your dog’s age and development stage.
Every item in your puppy’s box is handcrafted to meet their specific requirements based on their personality, physical characteristics, and lifestyles.
PupBoxes comes with 4-6 puppy goods and a bag of training treats every month. The goodies will help to keep your puppy engaged when training, playing and learning new things.
All Pupbox snacks and chews are handcrafted in the United States or Canada using only the highest-quality ingredients.
The use of long-lasting chews can help keep your puppy entertained and calm when teething.
When you have a puppy, you know that they NEED to chew on something, and if you don’t give them something to chew on, they will find something on their own.
You can expect to receive a new toy every month in your PupBox based on how old your puppy is.
When your puppy is young, you will receive teething toys as soon as necessary. As the puppy grows, you will receive interactively and puzzle toys that help develop the puppy’s mind.
PupBox Before Shark Tank
Ben and Ariel Zvaifler, married for seven years, are also proud owners of a dog named Maggie.
PupBox was conceived during the pair’s puppy’s development to help new owners take better care of their pets.
They were dissatisfied with selecting dog goods available for purchase in well-known pet retailers.
Ben and Ariel developed a system offering people toys, treats, and a variety of other training accessories to achieve their goal.
Furthermore, these subscription boxes will deliver your ” age-appropriate ” goods to your lovely pet!
A significant portion of the couple’s time was devoted to crafting their business plan. Its mission is to provide dog owners with high-quality dog products at a reasonable price.
It can be costly to own a pet, but because pets are considered family members, everyone wants to give them the best possible care.
Ben and Ariel have experienced this firsthand, so they sought the help of a Shark to get their PupBox business off to a successful start.
How Was The Shark Tank Pitch Of PupBox?
Every month, you will receive a box containing training treats, toys, chews, accessories, and training aids. Your dog fits in the boxes because the sizes are “age-appropriate.”
Pup Box charges $29 per month (if paid in advance) for a twelve-month membership and $39 for a one-time purchase of the service.
There are items worth more than $40 in every box, which means each gift is of true value.
Ben and Ariel appeared on the Shark Tank seeking an investment of $250,000 in exchange for a 10% percent of their company called PupBox, based on a $2.5 million valuation. Each shark was comforted by a dog the team members placed on their laps.
The company’s creators said that they could not find enough training materials and high-quality toys in traditional retail stores, so they decided to create their own subscription company.
PupBox generated $275,000 in revenue in its first year of business, which climbed to $700,000 in 2016, the same year they were featured on Shark Tank, according to the company.
It was projected that they would generate $2 million in sales in 2017.
Kevin O’Leary thought the value was excessive, but he believed they would be able to fulfill their goals, so he contributed $250,000 in exchange for 20 percent of the company.
Kevin’s proposition was rejected by Mark Cuban, who stated that he simply did not like subscription box businesses after hearing about them.
Lastly, Daymond John offered $250,000 in exchange for 25 percent company ownership, citing connections in the pet industry.
Robert Herjavec made the same offer for 15 percent of the company for $250,000. He anticipated an immediate response from the company and Herjavec.
Daymond remained uninterested despite Ben and Ariel’s efforts to find out if any other sharks would be interested in partnering with them because he believed he contributed too much value to the company.
Robert accepts $250,000 plus 15 percent of the company’s equity, implying that the company has a value of $1,666,666.66.
What Happened To PupBox After Shark Tank?
PupBox has maintained a respectable level of success since accepting Robert’s offer on the Shark Tank.
Their online presence is still very strong, especially on social media. The company posts photos and updates regularly to its Facebook Page and Instagram account.
Their follower count had grown to approximately 100,000 since they participated in the show, which is impressive compared to when they made their pitch to the Sharks.
You can visit the Official PupBox Website if you’re interested in learning more about PupBox and what they may be able to offer you and your furry pet.
It provides detailed information on what to expect by subscribing to the service, setting up a personalized training plan for your puppy, and what you can expect from it.
PupBox Shark Tank Update
This episode of the podcast features an update from Ben and Ariel about hosting a puppy adoption event to increase awareness of their business.
They have grown their sales to more than $700K since it first arrived on the scene and have modified their offerings to meet the increased demand.
In addition to their regular products, they also sell dog leashes and collars, which the company owns.
PupBox has recently expanded its product line to include boxes for adult dogs to retain more clients.
Robert’s assistance and the new techniques will help Ben and Ariel generate more than $2 million in sales within a year.
PetCo purchased the PupBox company in November of last year. “As part of the transaction, Ben and Ariel and the whole PupBox team will join Petco,” according to a news release from the company. The financial terms of the transaction will not be disclosed.”
Is PupBox Still In Business?
Petco acquired PupBox in November 2017, less than a year after appearing on Shark Tank.
The PupBox Holiday Box was also announced simultaneously, marking a first for both companies.
According to the company, Ben and Ariel Zvaifler and the rest of the PupBox team have joined Petco, which has more than 1500 outlets in the United States, Mexico, and Puerto Rico.