Oogiebear Shark Tank Net Worth- What Happened After The Shark Tank?
Oogiebear Shark Tank Net Worth
Oogiebear has a net worth of about $6 million as of 2022. The founders appeared on Shark Tank Season 14 and made a deal with Barbara Corcoran and Robert Herjavec who jointly invested $600,000 ($300k each) in exchange for 10% equity in the company.
Oogiebear is a baby accessory company that appeared on Shark Tank Season 14 Episode 1 in September 2022. The founders, Sina and Nina Farzin, asked the Sharks for $400,000 for 5% equity at an $8 million valuation.
Oogiebear’s signature product is a scoop and loop tool that tackles all types of boogers and ear wax. It has a bear head design that helps prevent the tip from going too far.
Oogiebear was already a successful business before appearing on Shark Tank. They were on track to make $5.4 million in annual revenue for the upcoming year with a profit of $1 million.
Table: Oogiebear Shark Tank Summary
ITEM | INFORMATION |
Oogiebear net worth | $6 million (as of 2022) |
Investment deal | Barbara Corcoran and Robert Herjavec jointly invested $600,000 in exchange for 10% equity in the company |
Product description | A scoop and loop tool for cleaning babies’ nostrils and ears |
Company revenue | $15 million worth of products sold since starting the business in 2015, $5.4 million in sales, and $1 million in profit since the start of 2022. |
Founders | Nina Farzin, a pharmacist and parent |
Shark Tank appearance | Appeared on Season 14, Episode 1 in September 2022 and secured a deal with Barbara Corcoran and Robert Herjavec |
Investors’ promise | To give up half of the equity if the company doesn’t hit $400 million in sales within two years. |
Availability of product | Available on their website and at Target, Buy Buy Baby, Nordstrom, Walmart, and Amazon. |
Headquarters | Located in Rockville, Maryland |
Number of employees | 11-50 |
What Is Oogiebear Shark Tank And Who Founded Oogiebear Shark Tank?
Oogiebear is a baby care product that helps parents clean out their baby’s clogged nostrils.
It was founded by Nina Farzin, a pharmacist and parent who needed unique assistance in 2015. Oogiebear is a tool for picking babies’ noses and ears.
The company has sold over $15 million worth of products since starting the business in 2015, with over $1 million units sold to date. In September 2022, Nina Farzin appeared on Shark Tank to pitch her company.
During the episode, Barbara Corcoran and Robert Herjavec gave Farzin a combined $600,000 for 10% of Oogiebear. The investors promised to give up half of that equity if the company doesn’t hit $400 million in sales within two years.
What Happened To Oogiebear At Shark Tank?
Sina and Nina Farzin appeared on Season 14 of Shark Tank with their business, Oogiebear, and secured a deal with Barbara Corcoran and Robert Herjavec for $600,000 in exchange for 10% equity. Since then, the company has seen great success.
Oogiebear products are available on their official website and at Target, Buy Buy Baby, Nordstrom, Walmart, and Amazon.
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The company has made over $15 million since 2015, with $5.4 million in sales and $1 million in profit since the start of 2022. Additionally, the Farzins have received an outpouring of support from viewers of Shark Tank.
What Happened To Oogiebear After Shark Tank?
Oogiebear is a company that sells baby booger pickers. The business was started in 2015 by Maryland parents Sina and Nina Farzin from Maryland. When her eldest child, Ariana, was just a toddler, Nina struggled to keep her child’s nose clean, especially during cold and flu seasons.
As a pharmacist, she was dumbfounded that there were no safe and healthy products on the market to help with this issue. Oogiebear has made over $15 million since 2015.
On Shark Tank Season 14, the duo claimed that since the start of 2022, they had made $5.4 million in sales, with $1 million in profit.
Oogiebear appeared on Shark Tank Season 14 and made a deal with Barbara Corcoran and Robert Herjavec. They invested $600k for 10% equity in the company.
The investors promised to give up half of that equity if the company doesn’t hit $400 million in sales within two years. Oogiebear was also a hot commodity for other Sharks such as Mark Cuban, Lori Greiner, and Kevin O’Leary who wanted a stake in the company.
As of today, you can purchase the original Oogiebear baby booger picker on their website — it appears as though their inventory was able to withstand the aggressive bump in exposure “Shark Tank” contestants receive; commonly, websites will crash and products will vanish before preorders are processed.
There is no recent news about any significant changes or updates regarding Oogiebear after Shark Tank.
Is Oogiebear Still In Business?
Yes, Oogie Bear is still in business as of November 2022. The company was started by Nina Farzin in 2015 with an investment of $22K and has become a successful baby care company with a total revenue of $15 million in just seven years.
The company’s net worth is approximately $4.5 million, and it is running in profit. Many people have bought the Oogiebear Baby Ear & Nose Cleaner product from the official website of Walmart and given it positive ratings.
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The headquarters of the Oogie Bear company is located in Rockville, Maryland, and there are currently 11-50 employees working for the company.
Oogiebear Shark Tank Updates
OogieBear is a company that creates innovative and smart baby care products, including a tool for picking babies’ noses. The company was founded by Nina Ferzin, a Doctor of Pharmacy, in 2015. OogieBear appeared on season 14 episode one of Shark Tank in 2022 and asked for a 5% equity for $400,000 at an $8 million valuation.
The husband and wife pair Sina and Nina Farzin negotiated a deal with Barbara Corcoran for $600k for 10% equity.
OogieBear has a net worth of $4.5 million based on a successful business. Since its launch in 2015, the brand has reached a total revenue of $15 million.
As of September 2022, OogieBear has sold over $1 million units and is on track to make $1 million in profits on $5.4 million in sales.
The company has received good reviews from customers and the Sharks on Shark Tank. The Shark Tank Blog will follow up on OogieBear & Sina and Nina Farzin as more details become available.
How Does Oogiebear Shark Tank Work?
Oogiebear is a baby care product that was featured on season 14 episode one of Shark Tank in 2022. The product was created by Nina Ferzin, a Doctor of Pharmacy, in 2015 to help parents safely pick up their baby’s nose and remove ear wax.
Oogiebear has a patented scoop end for crusty boogers and a loop end for sticky ones. The product has received good reviews from customers and was estimated to have a net worth of $4.5 million based on a successful business.
During their appearance on Shark Tank, Oogiebear asked for a 5% equity for $400,000 at an $8 million valuation. However, the husband and wife pair Sina and Nina Farzin shocked everyone with their deal and negotiated a deal with Barbara Corcoran and Robert Herjavec for $600k for 10% equity.
The investors promised to give up half of that equity if the company doesn’t hit $400 million in sales within two years. Oogiebear was a hot commodity for the Sharks, as Mark Cuban, Lori Greiner, and Kevin O’Leary also wanted a stake in the company.
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To date, Oogiebear has sold over 1 million units and has reached a total revenue of $15 million since its launch in 2015. This year (2022), the company is on track to make $1 million in profits on $5.4 million in sales. The Shark Tank product has not only received a deal but also has two new business partners.
How Has Oogiebear Grown Since Appearing On Shark Tank?
OogieBear, a company that creates innovative and smart baby care products, appeared in season 14 episode one of Shark Tank in 2022. The brand even got an offer for $600K for 10% equity from sharks Robert Herjavec and Barbara Corcoran.
OogieBear was founded by Nina Ferzin, a Doctor of Pharmacy, in 2015, when she only had $22,000. Since its launch, the brand has reached a total revenue of $15 million.
OogieBear has a net worth of $4.5 million based on a successful business. The company negotiated a deal when they appeared on Shark Tank, asking for a 5% equity for $400,000 at an $8 million valuation.
Later, the husband and wife pair Sina and Nina Farzin shocked everyone with their deal. The investors promised to give up half of that equity if the company doesn’t hit $400 million in sales within two years.
It is unclear how much OogieBear has grown since appearing on Shark Tank in 2022. However, the company’s success on the show has helped the couple take their product to the next level.
The OogieBear’s success on Shark Tank has helped the couple take their product to the next level. The company’s Instagram account released a post thanking everyone for their support and love after their appearance on the show.
What Is The Current Valuation Of Oogiebear After Shark Tank?
Oogie Bear appeared on Shark Tank Season 14 Episode 1 and asked the Sharks for $400,000 for 5% equity at an $8 Million Valuation.
The sharks were astonished by the huge valuation. However, Oogie Bear managed to secure a deal with Robert Herjavec and Barbara Corcoran, who invested $600k in exchange for 10% equity.
OogieBear has a net worth of $4.5 million based on a successful business. Since its launch in 2015, the brand has reached a total revenue of $15 million. As of September 2022, Oogie Bear has not released any official updates on its sales report.
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In summary, Oogie Bear’s current valuation is not explicitly stated in the search results. However, it is known that the company secured a deal with Robert Herjavec and Barbara Corcoran, who invested $600k in exchange for 10% equity.
Additionally, Oogie Bear has a net worth of $4.5 million based on successful business and has generated $15 million in revenue since its launch in 2015.
How Much Equity Did Robert Herjavec And Barbara Corcoran Get In Oogiebear?
Robert Herjavec and Barbara Corcoran invested $600,000 for 10% equity in Oogiebear, a company that creates innovative baby care products, during season 14 episode 1 of Shark Tank in 2022.
The deal was a joint offer from both sharks, with Robert joining Barbara’s deal as the episode progressed. The investors promised to give up half of that equity if the company doesn’t hit $400 million in sales within two years.
During the episode, Oogiebear asked for a 5% equity for $400,000 at an $8 million valuation. Lori Greiner offered $400k in exchange for 10% equity, followed by a request for Mark Cuban to join the offer. Barbara Corcoran also offered $400k in exchange for 10% equity.
Ultimately, Nina Ferzin, the founder of Oogiebear, negotiated a deal with Robert and Barbara for $600k for 10% equity.