Pondera Holdings
156 N. Jefferson Street Suite 102, Chicago, Illinois, 60661, United States
Overview
Pondera Holdings is an operationally-focused holding company that provides capital to private
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Whisker
Led · Equity · Dec 2019
AutoPets is the inventor, manufacturer, and retailer of the Litter‑Robot, a highly rated automatic self‑cleaning litter box, and recently launched Litterbox.com offering over 120 curated cat products. The company was founded in 1999 and is based in Auburn Hills, Michigan. AutoPets has grown rapidly since 2015, with revenue rising from approximately $7M in 2015 to an estimated $40M in 2019. Leadership changes tied to the company’s growth include the promotion of Jacob Zuppke to executive vice president and COO and his addition to the board; founder Brad Baxter remains CEO and a significant shareholder. AutoPets is expanding operations, leasing an 8‑acre, 50,000‑square‑foot corporate campus in Auburn Hills and doubling its Juneau, Wisconsin manufacturing and shipping facility from 33,000 to 63,000 square feet. The company plans to launch a new robot product line in 2020 as part of its product development initiatives.
Team
No current team members are available.