Fresh Patch
 | |
| Company type | Private |
|---|---|
| Industry | Pet products |
| Founded | 2010 |
| Headquarters | Oxnard, California |
Key people | Andrew Feld |
| Products | Fresh Patch |
| Website | www |
Fresh Patch LLC (founded 2010) is an e-commerce company that delivers hydroponically grown grass patches to pet owners within the United States. The ABC television network featured Fresh Patch on its show Shark Tank.
History
[edit]On July 6, 2010, the Fresh Patch Company began operating from its headquarters in Florida. Its flagship product is a disposable pet commode consisting of hydroponically grown grass within a cardboard container.[1][2] On September 3, 2013, the U.S. Patent and Trademark Office issued a patent for the construction and continuous delivery/replacement method of the product (U.S. Patent No. 8,522,719).[3]
On February 3, 2015, the company pitched its product on the ABC television show Shark Tank. President Andrew Feld made the pitch, with the main points being the $1 million in sales, subscription-based business model, and plans to reduce shipping costs by establishing an East Coast distribution facility.[4] On the show, Barbara Corcoran and Mark Cuban made a combined offer of $150,000 for a 20% stake in the company—contingent on expansion of sales into retail stores.[3][5]
References
[edit]- ^ Mitroff, Sarah. “From Coffee to Condoms, Now There’s a Subscription Service for Everyone.” Wired. Nov. 21, 2012
- ^ “Is Your Business Subscribable?” Inc Magazine. Oct. 2014. Pg. 91
- ^ a b O’Connor, Brian. “Shark Tank Recap: Why Mark Cuban Hates Inventors.” Inc.
- ^ Raiche, Ryan. “Twenty four hours after Shark Tank appearance, local entrepreneur’s phone won’t stop ringing.” ABC News: Tampa Bay. Feb. 4, 2015
- ^ “Business Wins Support on Shark Tank.” The Ledger. Feb. 3, 2015