Dog Parker
About this raise
Who Should Be Interested:
Do you have a dog? Do you hate leaving your dog at home while you run errands, but you also hate tying them up when you go into a store? If you said yes, then Dog Parker is an investment to consider! Dog Parkers are clean, safe, and comfortable dog houses for your dog(s) to wait for you while you run into a store and do your errands. Now, you can walk your dog -- and grab your groceries, too!
The Company:
Dog Parkers are here to help make more places dog friendly destinations. Their high-tech, temperature-controlled dog houses are placed outside stores that don’t allow dogs. You simply use the app or your member card to unlock it. Then, close the door (which locks automatically), and run your errands. Only you can let your dog out at this point. All Dog Parkers have heat and AC, self-cleaning UV lights, and are made from vet-grade materials. Plus, there’s a puppy cam inside so you can peek in on your pup. So far, Dog Parkers have installed 45 houses in Brooklyn, and they’ve logged 41,000 operational minutes across 2,670 sessions, all since January 2017. They’ve also raised more than $2 million to date, and they currently have 730 members, with a monthly membership growth rate of 30% and a 65% repeat customer rate. They plan to expand into 63 more walkable US cities, and, to answer that question I know you’re all thinking -- nope, they’ve never had a “poo” incident. In all their sessions, not one pup has soiled their Parker. Wow!
The Bottom Line:
Right now, there are more dogs than children in the US, and Dog Parker is the first company to offer this level of safety and comfort to city dogs. Dog Parker lets you both fetch groceries and play fetch with Fido -- all in the same walk. It’s te-ruff-ruff-ic!
Investment Overview
Invested $139,187 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Pet Health, Food, and Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Brooklyn, New York
- Company Website
-
Visit Website
Team
- Employees
- 8
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
06/30/2018 | Wefunder | $9,000,000 | $139,187 | Equity - Preferred | Funded | RegCF |