- The Wall Street Journal reported that Wag was looking to sell itself at the end of 2019
- Investor SoftBank sold its entire $300 million stake in Wag back to the company at a loss in December 2019
- Raised $300 million from Softbank in 2018
Wag is one of the two big money pet service startups in the US (the other being competitor Rover.)
Wag offers on-demand dog walking through a mobile app. Similar to Uber, the company uses contractors to fulfill its services.
Softbank, the large Japanese investment fund,