We Americans love our dogs, but we don't like all of the pet hair that can get on our clothes, furniture and just about everywhere in our homes or cars! Tyson and Miles Walters appeared on Shark Tank on Season 10, Episode 2 to pitch their solution to this problem - it's the Shed Defender!
The Shed Defender is a onesie for dogs that was created by Tyson Walters after his St. Bernard's shedding became a problem. The onesie is made of RecoTex, a polyester and spandex blend designed to withstand wear and tear and to be safe and environmentally-friendly. The product was patent pending, but Walters decided to drop the patent pursuit due to lack of funds.
Tyson and Miles Walters came into the tank seeking an investment of $250,000 in exchange for 10% of their company. Mark Cuban was the first to go out, citing a lack of knowledge or interest in the product line. Kevin O'Leary made an offer of $250,000 for 33% of the company, an offer that Robert Herjavec matched. Lori Greiner jumped in with a better offer - $250,000 for 28% of the company. Walters countered with 25% and Lori accepted, so the Shed Defender walked away with a deal.
The Shed Defender should not be worn continuously by your dog, but could be very useful for those times and places you want to keep shedding to a minimum and it can be worn outside to protect your pet from the cold or from picking up ticks. The gentle pressure of the onesie can reduce anxiety in some dogs as well.
The Shed Defender is available now in several colors and in sizes ranging from mini to XXL.
The company donates a portion of their sales to animal shelters, rescue centers and adoption groups.
SHARK TANK UPDATE - WHAT HAPPENED AFTER THE SHOW
It appears as though the deal with Lori Greiner has made it through the due diligence process; many Shark Tank deals fall through. Lori tweeted about Shed Defender the night of the product appearance on Shark Tank and included a product purchase link.
Shed Defender is active on social media and it has over 19K followers on Facebook and close to 7K followers on Instagram. The company is somewhat less active on Twitter and has about 300 followers.