NootroBox Net Worth
NootroBox is a company that appeared on Shark Tank and was valued at $40 million. As of 2022, the company has a net worth of $50 million or $2.5 million, depending on the source.
What is NootroBox and Who is the founder of NootroBox?
NootroBox, now known as HVMN, is a company that offers nootropic pills to help individuals enhance their cognitive abilities.
The company was founded in 2014 by Geoffrey Woo and Michael Brandt, who gained their entrepreneurial spirit from Silicon Valley’s startup culture.
Their nootropic blends include Sprint for energy and concentration, Rise for memory, Kado-3 for Omega-3 support, and Yawn for natural sleep assistance.
Nootropic substances are classified as cognitive-enhancing compounds that have minimal side effects and are suitable for long-term use.
NootroBox sells various products such as Rise, a dietary supplement that improves memory, endurance, and resilience, and Kado-3, an omega-3 supplement that provides daily protection for the brain and body.
Sprint provides a quick boost of clarity, energy, and flow for long days, while Yawn helps with falling asleep, improving sleep quality, and feeling refreshed upon waking.
Their Go Cubes chewable coffee, which offers the same caffeine boost as coffee without the jittery feeling, gained the attention of the company. All of their supplements are approved by the FDA as GRAS (Generally Recognized As Safe) or as dietary supplement substances.
The company offers one-month supplies of supplements for $39 to $49, and a full month’s supply of each supplement costs $121. The Go Cubes cost $39 for 20 packs of 4 cubes each.
NootroBox Shark Tank pitch
In episode 10 of season 8, Michael and Geoffrey pitched their idea of NootroBox to the Sharks in hopes of getting assistance with the distribution.
They were seeking $2 million for a 5% stake in their company, which was valued at $40 million. However, the Sharks were not impressed with the product and were taken aback by the high valuation.
Chris Sacca and Lori both decided to opt out. Kevin also declined as he was not interested in investing in sugar cubes. Robert felt that the entrepreneurs didn’t explain things well enough, and Mark believed that the valuation was too high. Ultimately, the two left the pitch without a deal.
Despite the unsuccessful pitch, the company is still operating and has rebranded under the name HVMN (pronounced “human”). They have monthly sales of over $3 million and have even released a new product called Ketone, which is a Ketone ester energy drink.
They’ve secured over $2.5 million in funding from investors and seem to be gaining traction. As of December 2021, the company is still in operation with yearly revenues of $4 million.
Competitors of NootroBox
Mental Mojo, Genuine Health, MakeWay Wellness, Procera, Equilibrium Nutrition, and Arepa are among NootroBox’s main competitors.
Net Worth of NootroBox
The company was valued at $40 million during and after the pitch. Since then the company has been doing well in sales with annual revenue of $4 million. This justifies that the company’s net worth has elevated.
NootroBox FAQs
What is NootroBox?
NootroBox provides Nootropic supplements based on the latest scientific research. Their products support memory, focus, concentration, and energy without the side-effects of stimulants.
Who is the founder?
Geoffrey Woo and Michael Brandt are the co-founders of NootroBox.
How much were asking on Shark Tank?
They were asking for $2 million for a 5% stake in their company, which was valued at $40 million.
Did they have the deal?
No, they didn’t land a deal on Shark Tank.
Is NootroBox still in business?
Yes, the company is still in operation as of December 2021, with yearly revenues of $4 million.
Who are NootroBox competitors?
AmaZest, Mental Mojo, Genuine Health, MakeWay Wellness, Procera, Equilibrium Nutrition, and Arepa are some of the company’s main competitors.
How much money has NootroBox raised?
The company has risen over $2.5 million from investors as of December 2016.
What are Nootropics?
Nootropics are substances that improve cognitive function, particularly attention control (the ability to concentrate on one aspect of an environment in the presence of distracting stimuli). Examples include caffeine, chorine, and L-thiamine.
Is NootroBox a scam?
It is a fact that NootroBox is not a scam. Even though they didn’t land a deal on Shark Tank, they are still in business and doing well.
Are Nootropics safe?
Nootropic are usually very safe. Most of them have no known side-effects other than the ones caused by a caffeine overdose. Caffeine, for example, can cause heart arrhythmia and dehydration in sensitive individuals.
Where is NootroBox these days?
HVMN, formerly NootroBox, is an American firm that makes and distributes a Ketone ester drink, ketogenic diet items, and Nootropic supplements.
San Francisco is the company’s headquarters. HVMN is an abbreviation for “Health via Modern Nutrition.”
What exactly are go cubes?
They created Go Cubes, which are chewable coffee cubes. Coffee has the same impact as Go Cubes. Half a cup of coffee is equivalent to one cube (50 mg caffeine).
What is better, a go cube or a Rubik’s cube connected?
The Rubik’s Connected has a more traditional appearance and feel. The edges of the cube are crisper, and the colors on the sides are stickers. The GoCube has rounded sides and a sticker less design, with the cube’s parts being the actual colors.
What is the caffeine content of go cubes?
Each cube is a food, not a supplement, and contains the following ingredients: 50 milligrams of caffeine, which is roughly the equal of half a cup of coffee. 500% of their recommended requirement of vitamins B6 (essential for food processing) and B12 (important for keeping blood and nerve cells healthy)
Are the Go cubes vegan?
GO Cubes are gluten-free and vegan. NootroBox, situated in San Francisco, creates GO Cubes.
Is NootroBox accepting PayPal?
Yes, NootroBox accepts PayPal payments and can be found on the company’s website: https://nootrobox.com/
How to I contact NootroBox?
382 NE 191st St. PMB 29363 Miami, Florida 33179-3899, Call: 1 (833) 415-4866 (Mon-Fri, 10 AM – 5 PM PST) o
What is the return policy of NootroBox?
Customers can return an item within 30 days of purchase with the following exceptions: They have received a defective or damaged product they have not received an order confirmation email from them, but they have still ordered NootroBox products.
Can I cancel my order?
Yes, customers can cancel their order through the website. They will receive a refund less a $3 fee per product.
What are my rights if there is a problem with my purchase?
If customers feel they’ve been treated unfairly by NootroBox, they have legal rights to pursue the complaint through their state’s attorney general office, or if they are located in their hometown, the local state district court.
What are the most popular products sold by NootroBox?
The most popular products sold by NootroBox include the Mentari (35 mg Ketone ester supplement) and the Coffee Creations (Coffee Cube), a variety of delicious and nutritious coffee cubes that are 100% plant-based.
What is the net worth of Geoffrey Woo?
Geoffrey Woo’s net worth is unknown.
What is the net worth of Michael Brandt?
Michael Brandt’s net worth is estimated at $1.5 million.
