SwiftPaws is a health and wellness brand that makes remote-controlled pet toys. The main focus of this brand’s product is on what pets do. So right now most of what this brand makes is for dogs.
SwiftPaws founder Meghan Wolfgram goes to Shark Tank to get money so she can grow her business.
Wolfgram loves animals and works as a dog behaviorist and trainer in many zoos. SwiftPaws products help people care for animals and give them a good life. They also help people do good things for animals.
Meghan has two dogs named Pretzel and Piper. She trains them both using SwiftPaws products.
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About the founders
SwiftPaws was started by and is run by Megan Wolfgram. In 2012, she opened this business. Meghan cares deeply about animals, especially dogs. It now has two dogs. Their names are Pretzel and Piper.
Her pretzel dog is 13 years old and Piper is 3 years old. She saved them both from the South East German Shorthanded Pointer.
She went to DePauw University for school, and then she worked BCR Environment as a finance intern. She started SwiftPaws, Inc. in 2012 and has been CEO ever since.
SwiftPaws for the shark tank
Successful even before appearing on Shark Tank, this startup has received four rounds of funding since its inception. From 2012 to 2021, the company has received four rounds of funding.
So, Groundswell Startups, an Accelerator/Incubator, gave her the first money for her business. In 2018, US Strategic Capital invested $73,600.
2020, Florida Gulfshore capital, a venture capital firm, put money into a seed round. 2021, Beresford Ventures put $131,000 into crowdfunding for a product.
What happened to SwiftPaws after it appeared on Shark Tank?
FastPaws has grown very fast since they have Sundning but their sales have gone up a bit because of the Shark Tank show.
Many people want to buy this brand because it was promoted in this TV show, so those people buy this brand.
If people really like this product, sales will continue to increase in the same way as in the past.
Did Shark Tank Help SwiftPaws Close a Deal?
SwiftPaws founder Meghan Wolfgram did a great job pitching her company on Shark Tank, which Shark really liked.
This company is making money and has been growing for a long time, but the founder wants to get funding so that he can grow it quickly.
The company’s founder asked Shark to invest $240,000 in exchange for 6% of the company.
Shark Lori Greiner put $240,000 into this company in exchange for 6% of the company, which the founder asked for.
What is SwiftPaws’ ability?
From December 2022, Swift Paws has an estimated net worth of $2.4 millionbut it may rise in the future as the company grows slowly.
Its competitors are also growing slowly, so it can certainly become a good start-up if it changes its strategy and progresses.
Read also: How Muvez’s business was affected after getting a deal from Daymond John in Shark Tank?
Where are SwiftPaws sold?
SwiftPaws is a remote control and tool for dogs. This allows you to meet your dog’s daily activity quota without much effort.
In addition to their official website, you can also purchase swiftpaws products Amazon and eBay.com. If you want to buy this product from any platform, you can use the link below.
Does SwiftPaws still exist?
Meghan Wolfgram’s new business is doing well. It has between 1 and 10 employees and has raised money from 4 investors.
Its headquarters are located on the east coast in the southern United States. This company is still making money and is slowly getting bigger.
