What Happened To Genius Litter After Shark Tank?
Genius Litter After Shark Tank Update: Genius Litter is a color-changing cat care litter product. The founder of this business is Ramon Van Meer who is also the founder of a pet accessories business.
If he had known about this disease earlier, he would have saved Quinsel. After a lot of research, Genius Litter was born. This product detects cat urine abnormalities and identifies diseases by changing Urine colors in Litter.
What is Genius Litter?
The secret of Genius litter color change is that silica crystals start changing colors as soon as they come under the influence of cat urine. If the color of urine in the litter is yellow then Cat has no problem and safe.
Blue indicates abnormal alkaline levels, green indicates abnormal PH levels, orange indicates albumin, and red indicates blood disease. Recognizing these symptoms will give the cat owner time to consult a veterinarian.
The price of the Six-pound bag is $24.99. If you have subscription then you will get 5% discount. You can buy their products from Amazon.
Who Is The Founder Of Genius Litter?
The Founder and CEO of the Genius Litter business is Ramon Van Meer. He founded this company in 2019.
Ramon is the owner of San Francisco Base Van Meer Capital Investment Company and also the owner of Alpha Paw Business. The CTO (Chief Technology Officer) of this business is Anant Gupta who is a full-stack developer.
Genius Litter Shark Tank Update
Company Name | Genius Litter | |
Founder | Ramon Van Meer | |
Founded | 2019 | |
Product | color-changing cat care litter product | |
Asked For | $250k for 4% equity | |
Final Deal | $250k for 8% equity + 2% Advisory share | |
Shark | Lori Greiner Robert Herjavec Mark Cuban | |
Episode (Shark Tank USA) | S15 E13 | |
Air Date | Feb 2, 2023 | |
Business Status | In Business | |
Genius Litter Net Worth | $3.6M *estimated | |
Headquarters | Austin, Texas, USA | |
Genius Litter Instagram | View Profile | |
GO TO AMAZON | Buy Now |
Genius Litter on Shark Tank Pitch
Ramon entered the Shark Tank and asked for $250,000 for 4% equity from the Sharks. He explained to the Sharks about his business. It is a silica litter that is mixed with a pH tester liquid that detects urine sample health issues.
Emma Grede said that she does not have much knowledge of this space, so she is out. Mark Cuban said this is not the business he wants to get into so he is out.
Kevin O’Leary and Lori Greiner teamed up and offered $250k for a 10% equity + a royalty of $2 per unit $1 Million is paid. Ramon said he is not interested in a royalty deal but in equity. Kevin and Lori offered $250k for 20% equity.
Robert Herjavec offered $250k for 10% equity. Ramon asked the three sharks to come together. Kevin, Lori & Robert offered $250k for 15% equity. Ramon countered 13% equity. But Lori said 13% equity + 2% adverse share.
Mark Cuban offered his Yes/No concept of $250k for 8% equity. Lori and Robert both teamed up and offered $250k for 8% equity + 2% advisory shares. After Kevin was out, Mark joined Lori and Robert.
Genius Litter Net Worth
Genius Litter’s net worth is estimated at $3.6 million. There are a lot of people in the United States who own pets. According to the Forbes report, cats are kept in 46.5 million households. But most people like to keep dogs, about 65.1 million households.
Is Genius Litter Still In Business?
Yes, Genius Litter is still in business as of February 2024.
There are many brands in the market that sell cat litter, their average cost is $11 and the average cost of premium litter is $50. Many people in the world consider pets as a part of their family and spend a lot of money on them.
The current headquarters of this business is in Austin, Texas, United States and 11-50 employees are working in it.
FAQs
The Founder and CEO of the Genius Litter business is Ramon Van Meer.
Genius Litter’s net worth is estimated at $3.6 million.
Yes, Genius Litter is still in business as of February 2024.
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