Arber is a biological organic plant wellness company founded in 2021 by entrepreneur Vanessa Dawson. She is a serious businesswoman with years of experience in capital, equity, and advisory roles. Her first business, Evry, is a social planning and payments platform that was started in January 2012. However, that business could not be sustained and closed down in 2014.
The company provides several plant care products to take care of the plant, to maintain it and to keep it healthy. If the plant is kept healthy then it will have a positive impact on the environment and human life.
According to the company’s website, over 1,500 agricultural trials have been conducted on Arber’s products and it has been proven that the product protects plants from pests and diseases and also helps in the growth of plants.
Company offers a range of organic products to support your plants: Organic Bio Insecticide, Bio Fungicide, Bio Protectant, and Plant Food. Each product is priced at $25, making easy for you to maintain your garden.
Bio Insecticide helps in preventing insects from living in the soil. Its formulation makes use of Burkholderia bacteria which is beneficial for beneficial insects and helps the plant to thrive.
| Company Name | Arber | |
| Founder/Co-Founder | Vanessa Dawson | |
| Founded | 2021 | |
| Product | Organic Plant Care Products | |
| Asked For | $500K for 4% equity | |
| Final Deal | TBA | |
| Shark | TBA | |
| Episode | S15 E22 | |
| Air Date | May 3rd, 2024 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Los Angeles, California, United States | |
| Lifetime Worth (Sales) | $12M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
What Is the Background of The Founder?
After receiving a Psychology/Biology degree from Queen’s University, Vanessa Dawson worked as Director of Business Development at software development company Dom & Tom from 2012-2013.
In September 2013, She started a capital platform company named The Vinetta Project, however, She exited this business in Oct 2022. Currently she is Investor and Advisor in Flytographer and Silvernest and also a Council Member in National Women’s Business Council.
Arber Shark Tank Recap
The company’s valuation is $12.5 million, and Vanessa said that each Plant Care bottle landed cost $7 to $10 and retails for $21 to $25. She also revealed that the business will be two years old in 2023, and the products are available in 300+ Walmart stores, with an aim to launch in 1700 Target stores this year.
In 2022, sales were approximately $7 million, and she’s aiming for $5 million in sales this year. However, despite the good sales figures, the company isn’t profitable because the profit margins on the product are very low.
Mark Cuban and Candace Nelson declined to invest in the business because, despite strong sales, the profit margin has too low, indicating that the company wouldn’t be able to generate profits.
Daymond John and Lori Greiner declined to invest in the business because they believed that the business wasn’t investable at the current time.
Kevin O’Leary offered $500k for a 5% stake in the company plus a royalty of $1 per unit until $1.5M is paid. Vanessa countered with $0.50 per unit, but Kevin declined, so she decided not to accept his offer.
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Candace Nelson | No Offer |
| Kevin O’Leary | No Offer |
| Mark Cuban | No Offer |
| Daymond John | No Offer |
| Lori Greiner | $500k for a 5% stake + a royalty of $1 per unit until $1.5M is paid |
| Founder’s (Countered) | $0.50 per unit |
| Final Deals | No Deals |
Arber Shark Tank Update
We’ve added this company and its founders to our valuable tracking and monitoring data. Stay tuned for updates on the company’s progress, which will be shared in this post. We’ll update this post within a few weeks of the episode airing.
Explore updates on the companies featured in Shark Tank Season 15 Episode 22. Click the link below for the latest insights and progress reports.
