Boost Oxygen, aromatherapy-flavored supplemental oxygen, was started by Rob Neuner and Mike Grice in 2007. As of November 2023, Boost Oxygen net worth is $20 million. And they’re pulling in a whopping $5.5 million in annual revenue.
In October 2019, they appeared on season 10 of Shark Tank USA. And made a deal with Kevin O’Leary, for $1 million for 6.25% of equity. The final valuation was $16 million, down from the founder’s initial estimate of $20 million.
Boost Oxygen is still in business. They are a worldwide leader in portable supplemental oxygen canisters. They have been featured on Shark Tank, and their products are available at major retailers nationwide. Visit their official website for more details.
Boost Oxygen Net Worth
| Net worth | $20 million (2023) |
| Annual Sales Revenue | $5.5 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Kevin O’Leary |
| Founder | Rob Neuner and Mike Grice |
| Employees | Not publicly available |
Boost Oxygen Net Worth Timeline
| Net Worth 2023 | $20 million |
| Net Worth 2022 | $20 million |
| Net worth valuation 2019 after appearing on Shark Tank | $16 million |
| Net worth valuation 2019 before appearing on Shark Tank | $20 million |
Boost Oxygen Pitch on Shark Tank
| Company name | Boost Oxygen |
| Product | Aromatherapy-flavored supplemental oxygen |
| Episode | Season 11 Episode 02 |
| Founders | Rob Neuner and Mike Grice |
| Asked for | $1 million for 5% equity |
| Final deal | $1 million for 6.5 % equity |
| Shark | Kevin O’Leary |
| Location | USA |
Don’t miss these product from Season 10
Boost Oxygen Founders
Boost Oxygen was founded by Rob Neuner and Mike Grice in 2007. Neuner is an entrepreneur with a background in sales and marketing. He came up with the idea for Boost Oxygen after experiencing the benefits of supplemental oxygen firsthand while living at high altitude. Boost Oxygen’s founders, Rob Neuner and Mike Grice, have a net worth of $5 million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2019 | Appeared on Shark Tank season 10 and Kevin O’Leary invested $1 million for 6.5 % equity |
| 2020 | Boost Oxygen launches its first oxygen-infused home products. |
| 2021 | Boost Oxygen expands its product line to include oxygen-infused air purifiers. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Boost Oxygen and its continued success.
