Noggin Boss Hats Shark Tank Net Worth-What Happened After Shark Tank?
What Is Noggin Boss Shark Tank Net Worth?
Noggin Boss Hats founders, Gabe and Sean, went to the shark tank seeking a $50,000 investment for a 25% stake in their business valuing their company at $200,000.
During their pitch, they shared that their brand had generated $330,000 in sales within just four months of launching in February 2020. However, they experienced a significant decrease in sales due to the COVID-19 pandemic.
Gabe mentioned that they had many potential customers, but were unable to fulfill 95% of their orders due to a lack of a hat-making license. As a result, they were appearing on “Shark Tank” in hopes of securing an investor.
The company received a $50,000 investment (for a 30% stake in the company) from Daymond John on Shark Tank, bringing the valuation at the time of investment was $150,000
According to various sources, the net worth of Noggin Boss Hats is estimated between $200,000 to $380,000 as of 2022.
However, it is important to note that these are estimated figures and may not be entirely accurate.
What Is Noggin Boss And Who Founded Noggin Boss?
Noggin Boss is a sports apparel company that specializes in custom oversized hats.
The company was founded in 2019 by two best friends, Sean Starner and Gabe Cooper, who are former college athletes and club team coaches. They saw an opportunity to create something fun and innovative that would appeal to sports fans.
Noggin Boss gained nationwide attention after a photo of Washington Commander RB Brian Robinson wearing one of their hats went viral on social media. The company has never sold a hat with an unlicensed logo on it, doing everything “100% above board,” according to Cooper.
In early 2023, Noggin Boss appeared on Shark Tank seeking $50,000 for 25% equity in their company. They struck a deal with Daymond John.
What Happened To Noggin Boss At Shark Tank?
Noggin Boss is a sports apparel company that specializes in custom oversized hats. The company was founded in 2019 by two best friends, Sean Starner and Gabe Cooper, who are former college athletes and club team coaches.
They saw an opportunity to create something fun and innovative that would appeal to sports fans.
Noggin Boss gained nationwide attention after a photo of Washington Commander RB Brian Robinson wearing one of their hats went viral on social media. The company has never sold a hat with an unlicensed logo on it, doing everything “100% above board,” according to Cooper.
In early 2023, Noggin Boss appeared on Shark Tank seeking $50,000 for 25% equity in their company. They struck a deal with Daymond John.
Gabe Cooper and Sean Starner, the founders of a certain product, used humor to present their offerings when they appeared on Shark Tank. The Shark was quite taken with the founders’ amusing style of presentation.
During their conversation, the founder asked the Shark for a $50,000 investment in their company in exchange for 25% ownership.
Shark Daymond John showed interest in the business and ultimately invested $50,000 for a 30% stake in the company. The valuation at the time of investment was $150,000, with a post-money valuation of $200,000.
What Happened To Noggin Boss After Shark Tank?
As of December 2022, the deal between Noggin Boss and Daymond John has not closed, and no licensing deals are in place either. Noggin Boss is a custom oversized hat business founded by Gabe Cooper and Sean Starner in 2019.
They appeared on Shark Tank seeking $50,000 for 25% equity in their company. They pitched about their passion for sports and handed out their Noggin Boss hats to the Sharks. Daymond John made a deal with them for $50,000 for 30% equity.
Noggin Boss has faced some challenges since appearing on Shark Tank. Initially, low sales tripped them up, but they explained that they couldn’t fill 95% of their orders.
However, they were ready for the moment when Washington Commander RB Brian Robinson wore one of their hats and it went viral on social media.
This was due to their appearance on Shark Tank where they purposely came in with a low company valuation realizing that what John and Cuban could offer them was much more valuable than money.
As of 2022, Noggin Boss Hats’ founders Gabe Cooper and Sean Starner have a net worth of $300,000.
However, there is no information available about what happened to Noggin Boss after appearing on Shark Tank beyond the fact that the deal with Daymond John has not yet closed as of December 2022.
Is Noggin Boss Still In Business?
Yes, Noggin Boss is still in business as of March 2023. The company was founded in 2019 by Gabe Cooper and Sean Starner, and it specializes in custom oversized hats. In 2022, sales were reported to be “through the roof”.
While a licensing deal has not been made with Daymond John from Shark Tank as of December 2022, the company is still generating good sales with its one product. It appears that Noggin Boss is still operating and selling its original noggin hats.
