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Petnostics Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-Update-Petnostics

Petnostics, a pet urine sample technology for monitoring your pet’s health, was started by Stephen Chen in 2013. As of November 2023, Petnostics net worth is $5 million and they’re pulling in a whopping $250,000 in annual revenue. 

In April 2016, they appeared on season 7 of Shark Tank USA and made a deal with Lori Greiner and Kevin O’Leary, for $300,000 for 20% of equity. The final valuation was $1.5 million, down from the founder’s initial estimate of $3 million.

Petnostics is still in business. They are an online retailer of pet supplies and accessories. Now they offer a wide variety of products, including food, toys, treats, and bedding for pets. Petnostics also offers a subscription service that delivers pet supplies to your door on a regular basis. Anyway, their official website is out of operation since 2022 and Amazon store also running out of stock by the moment.  

Petnostics Net Worth

Net worth$5 million (2023)
Annual Sales Revenue$250,000 (2023)
ProfitsNot Publicly Available
Lifetime salesNot Publicly Available
InvestorA pet urine sample technology for monitoring your pet’s health
FounderStephen Chen
EmployeesNot Publicly Available

Petnostics Net Worth Timeline

Net Worth 2023$5 million
Net Worth 2022$5 million
Net worth valuation 2016 after appearing on Shark Tank  $1.5 million
Net worth valuation 2016 before appearing on Shark Tank  $3 million

Petnostics Pitch on Shark Tank

Company namePetnostics
ProductPet urine sample technology for monitoring your pet’s health
EpisodeSeason 7 Episode 24
Founder Stephen Chen
Asked for$300,000 for 10% Equity
Final deal$300,000 for 20% Equity 
SharksLori Greiner and Kevin O’Leary
LocationAnaheim, California

Don’t miss these product from Season 07

Petnostics Founder

Petnostics was founded by Stephen Chen in 2013. Stephen Chen is an animal lover who wanted to make it easy for pet owners to find the best products and services for their furry friends. Petnostics’s founder, Stephen Chen, has a net worth of $5 million as of 2023.

Key accomplishments

YearAccomplishment
2016Appeared on Shark Tank season 7 and Lori Greiner and Kevin O’Leary invested $300,000 for 20% Equity 
2015Petnostics was named one of the “50 Fastest Growing Companies in Retail” by Stores magazine
2016Petnostics was awarded the “Etailer of the Year” award by the Pet Care Industry Association

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Petnostics and its continued success.

What do you think?

Written by GAG Team

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