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

Petnostics, founded by Stephen Chen in 2015, aimed to revolutionize pet healthcare with its at-home urine test kits for pets.

After appearing on Shark Tank in 2016, Chen secured a deal with Lori Greiner and Kevin O’Leary for $300,000 in exchange for 20% equity, although the deal ultimately fell through.

The company later partnered with Fetch for Pets to expand distribution. Despite early success, including $250,000 in annual revenue, Petnostics shut down in 2022. Its net worth before closure was around $5 million​.

Petnostics Net Worth

Estimated Net worth$5 million (2022)
Annual Sales RevenueNot Publicly Available
Lifetime salesNot Publicly Available
InvestorA pet urine sample technology for monitoring your pet’s health
FounderStephen Chen
EmployeesNot Publicly Available

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

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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’s net worth is unknown as of 2024, since the business is no longer functioning.

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.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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