By Lauren Hirsch.
Bark, the parent company of BarkBox, the subscription service for dogs, is prepared to go public in as soon as six months, co-founder and CEO Matt Meeker told CNBC. It would also consider a potential sale.
The company has met with banks in recent weeks to discuss both options, sources familiar with the situation said. Bark confirmed the meetings, saying they are typical for a company at its stage to build relationships and gauge the market and opportunities, far in advance of any process.
If it does go public — a move that will be market dependent — Bark will welcome labeling itself in conversations with investors as a subscription box company. That identification would come despite the recent industry aversion to the label.