The Nasal filter, First Defense Nasal Screens, was started by Joe Moore in 2011. As of September 2023, First Defense Nasal Screens net worth is $50 Million and they’re pulling in a whopping around $1 Million in annual revenue.
In March 2011, they appeared on Season 2 of Shark Tank USA and made a deal with Kevin O’Leary, Mark Cuban, and Daymond John for $750,000 for 30% + 10% perpetuity royalty of equity. The final valuation was $2.5 Million, down from the founder’s initial estimate of $5 Million.
First Defense Nasal Screens Net Worth
|Net worth||$50 Million|
|Annual Sales Revenue||$1 Million|
|Lifetime Sales||Over $100 Million|
|Shark Tank Investors||Kevin O’Leary, Mark Cuban and Daymond John|
|Employees||Over 25 employees|
First Defense Nasal Screens Net Worth Timeline
|Net Worth 2023||$50 Million|
|Net Worth 2022||$50 Million|
|Net Worth 2021||$50 Million|
|Net worth 2011 before appearing on Shark Tank||$5 Million|
|Net worth 2011 after appearing on Shark Tank||$2.5 Million|
First Defense Nasal Screens Pitch on Shark Tank
|Company name||First Defense Nasal Screens|
|Episode||Season 02 Episode 02|
|Asked for||$500 000 For 10% Equity|
|Final deal||$750,000 for 30% + 10% perpetuity royalty|
|Sharks||Kevin O’Leary, Mark Cuban and Daymond John|
|Location||New Port, Richey,Florida, USA|
First Defense Nasal Screens Founder
First Defense Nasal Screens was founded by Joe Moore in 2011. Joe Moore was seriously suffering with a sneeze attack and he was nearly losing his life. Wearing a face mask is the solution to this issue but it is heavy and uncomfortable. Then he was motivated to find a solution for this issue. First Defense Nasal Screens’s founder Joe Moore, has a net worth of 17 Million USD as of 2023.
|2011||Appeared on Shark Tank in Season 02 Episode 02.|
|2018||Stuck cooperation with filter your life Healthcare Private Limited in India to distribute products.|
|2021||Breaking records of Shark Tank Products. To fight against COVID-19, introduced Nasal Screens with an additional layer to defend against viruses.|
|2022||The net worth of First Defense Nasal Screen was 50 Million.|
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 First Defense Nasal Screens and its continued success.