The narrator, formerly in a corporate career, identified a gap in the pet industry when he became concerned about his dog, Maxwell, potentially getting lost. He found that existing solutions, such as costly GPS collars with unreliable performance and traditional engraved tags, fell short of needs. Seeking a better alternative, he founded a company to develop an innovative pet tag. This new product features a durable, silent tag made of scratch-proof silicone, combined with a pet profile platform accessible through a smartphone camera. The platform provides vital information such as owner contacts, health data, and behavioral notes, making it easier for anyone who finds a lost dog to help return it quickly and efficiently. Additionally, the tag can integrate an Apple AirTag, linking it to the “Find My” network for advanced tracking capabilities. Launched in 2023, the company quickly gained traction, securing nearly 600 customers and entering a rapidly growing market expected to expand significantly by 2033. The founder, however, expresses a desire to transition from building to scaling, considering passing the company to someone who can drive growth more effectively. Despite stepping back, he takes pride in the tangible impact of his creation, proudly wearing his own product on Maxwell.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More