Neuro Gum has a net worth of $60 million. Neuro Gum and Mints appeared on Season 11 of Shark Tank and failed to secure any deal on the show.
Neuro Gum Net Worth 2024
| Net Worth | $60 Million |
| Annual Revenue | $14.8 Million |
| Profits | $6.2 Million |
| Lifetime Sales | $90 Million |
| Employees | 15 |
| Available In | 5,100 stores |
Sales & Revenues
When Neuro appeared on Shark Tank in 2019, the company has generated $3.5 million sales in 8 months period. Since then, Neuro has been growing at 16% every month.
As on today, Neuro makes $1.34 million in monthly revenues. After the Shark Tank appearance, the company raised $8 million investment in two Venture Capital rounds.
Neuro is expected to become a billion dollar company in few years. This is another big miss for Sharks after Swimply and DootBot (Ring) became billion dollar companies after the rejection on Shark Tank.
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Shark Tank Pitch
Neuro made its debut on “Shark Tank” Season 11, Episode 19, where its founders sought a $750,000 investment in return for a 5% stake in their company.
Kent Yoshimura and Ryan Chen showcased their gum and mints as a source of natural energy without sugar or GMOs.
Chen shared a personal story about a snowboarding accident that left him paralyzed from the waist down.
Kevin O’Leary advised Neuro to prioritize online sales, presenting an offer of $750,000 for a 5% equity stake along with a 50-cent royalty per unit until he reached $1 million in earnings.
Robert Herjavec, on the other hand, proposed a $1 million investment for a 20% share, prompting Yoshimura to suggest a valuation increase to $10 million.
Herjavec countered with a $7 million valuation, which Neuro ultimately turned down. The founders decided not to accept O’Leary’s offer as well, resulting in them leaving “Shark Tank” without securing a deal.