Springer Net Worth Shark Tank Update 2025 

Dog owners know the struggle of keeping their pets hydrated on the go. Regular water bottles spill, bowls are bulky, and many portable solutions are inconvenient. Siblings Griffin and Shannon Ross faced this problem firsthand with their own dogs. They wanted a simple, mess-free way to give their pets water during walks, hikes, and trips. 

Their solution? The Springer, a squeezable water bottle with a built-in bowl on top. The design was straightforward: fill the bottle, flip the lid to form a bowl, and let your dog drink without spills. What started as a personal fix turned into a thriving business. By the time they appeared on Shark Tank Season 13, they had already achieved $1.7 million in sales in 2020.

Griffin and Shannon entered the Tank seeking $400,000 for 6% equity to expand marketing and production. The Sharks were impressed by their sales but had concerns about valuation and business decisions. After tense negotiations, Lori Greiner offered $400,000 for 10% equity plus preferred stock, which the siblings accepted.

Springer Net Worth Shark Tank Update 2025 

Griffin and Shannon Ross were looking for an investment of $400k in exchange for 6% equity in the company. At the time of the episode, they valued their company at $6.6 million. Griffin and Shannon successfully secured a deal with Lori Greiner for an investment of $400k for 10% equity plus preferred stock in the company. The investment adjusted the company’s net worth to around $4 million. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Springer is around $12 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Daymond John	Out	N/A	N/A
Lori Greiner	$400,000 for 10% equity + preferred stock	$400,000 for 8% equity	Yes
Kevin O’Leary	$400k for a 3% stake + a royalty of $3 per unit until $400k is paid, then royalty drops to $1.50 in perpetuity	N/A	No
Robert Herjavec	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Griffin and Shannon Ross Backstory + Their Initial Pitch 

Griffin and Shannon Ross grew up with dogs and often took them on outdoor adventures. They noticed how difficult it was to carry water for their pets without making a mess. Traditional bowls were bulky, and regular bottles required a separate dish. They wanted something portable, leak-proof, and easy to use.

After brainstorming, they designed the Springer, a squeezable water bottle with a flip-top bowl. The concept was simple but effective: Press the bottle to fill the bowl, and let the dog drink. When finished, the bowl folded back into the lid, preventing spills. 

Starting the business wasn’t easy. The siblings self-funded the company and faced challenges in manufacturing and distribution. They spent most of their early profits on patents, branding, and marketing to protect their idea. Despite these hurdles, Springer gained traction, especially among dog owners who valued convenience.

When they pitched on Shark Tank, they highlighted their strong sales,$1.7 million in 2020, and their five-year track record. They explained how their product solved a common problem for pet owners. Their ask was $400,000 for 6% equity, valuing the company at $6.6 million.

Queries + Shark’s Responses, and Final Deal

The Sharks had mixed reactions to Springer’s pitch.

Mark Cuban was the first to speak. He thought the company’s sales were too low for a five-year-old business. He also questioned their valuation and decided to bow out.

Daymond John had issues with the small equity stake offered. He felt 6% was too little for a meaningful partnership and chose not to invest.

Robert Herjavec was concerned about how they managed money. He believed they were paying themselves too much instead of reinvesting in growth. This led him to decline the deal.

Kevin O’Leary made an aggressive offer,$400,000 for 3% equity, plus a $3 royalty per bottle until he recouped his investment. After that, he wanted $1.50 per bottle forever. Griffin and Shannon rejected this, fearing the royalties would hurt profits.

Lori Greiner, however, saw potential. She loved pet products and believed in Springer’s marketability. She offered $400,000 for 10% equity plus preferred stock, giving her priority in payouts. The Ross siblings countered with 8%, but Lori stood firm. 

After some hesitation, they accepted Lori’s deal, gaining a powerful retail partner.

Product Availability

The Springer is a water bottle that you can easily squeeze to get water out of it. It’s designed without any harmful chemicals (BPA-free), so it’s safe to use. Here are some of its main features:

– No leaks: You don’t have to worry about water spilling out.

– Easy to use with one hand: You can open it and drink from it easily, even if you’re holding something else.

– Tough and easy to clean: The materials are strong, and you can put them in the dishwasher.

You can find it in different colors and sizes. There’s even a special version called “Dog & Me” that lets you share it with your pet.

You can buy the Springer from their official website (springerpets.com), Amazon, and Pet stores like Petco and Chewy. The price is between $15 and $30, depending on which size and style you choose.

What Happened To The Springer After Shark Tank?

Since appearing on Shark Tank, Springer has successfully grown its business in a few key ways. The company has developed new products to offer, attracting more customers. With Lori’s connections in retail, they’ve been able to sell more products through various stores.

They’ve introduced new items, like the “Dog & Me” water bottle, which appeals to pet owners who want to stay hydrated alongside their dogs. They’ve built a solid online presence, receiving thousands of positive reviews from satisfied customers. Today, Springer continues to do well, benefiting from a dedicated group of loyal customers and consistent growth in sales.

Conclusion 

Griffin and Shannon Ross turned a simple idea into a successful business. Their Shark Tank deal with Lori Greiner helped them scale, and today, Springer remains a top choice for pet owners.  

While some Sharks doubted them, their persistence paid off. For anyone needing a portable dog water solution, Springer delivers convenience, quality, and innovation.  

Their story proves that even simple products can make a big impact, with the right partner.