IceBeanie Net Worth 2025: How a Surfer’s Migraine Hack Became a Multi-Million Dollar Brand
IceBeanie Net Worth 2025 is $292,820—backed by Mark Cuban, this migraine-relief cap is still cooling down the market.
In 2025, IceBeanie isn’t just another Shark Tank product—it’s a standout success story born from real pain and relentless grit. Founded by professional big wave surfer Nic Lamb after a brutal concussion, this cold therapy beanie has evolved into a go-to solution for migraines, hangovers, and post-workout recovery. Since its appearance on Shark Tank Season 12 (2021), IceBeanie has experienced remarkable growth, with over 200,000 units sold and more than $8 million in revenue by mid-2024.
What Happened on Shark Tank?
In Season 12, Episode 13, Nic Lamb entered the Tank seeking $50,000 for 20% equity in IceBeanie. He shared his personal journey—how a surfing injury led him to develop a wearable cold compression cap that offers natural relief for migraines and other head-related ailments.
Mark Cuban saw potential in the product and offered $50,000 for 30% equity. After some negotiation, they agreed on $50,000 for 25% equity.
“I’d say the primary advice he’s given for us has been just stay laser-focused right now and continue to do what you’re doing.”
Interestingly, after the deal was made, Daymond John offered $100,000 for 25% equity, but Nic chose to honor his agreement with Mark Cuban.
IceBeanie Pitch on Shark Tank
| Product | A beanie with ice packs |
| Episode | Season 12 Episode 13 |
| Founder | Nic Lamb |
| Asked for | $50,000 for 20% equity |
| Company name | IceBeanie |
| Final deal | $50,000 for 25% equity |
| Shark | Mark Cuban |
| Location | Los Angeles, CA |
If you were a Shark, would you have invested $50K in IceBeanie for 25%?
What Changed After the Show?
The Shark Tank effect was immediate and profound. IceBeanie’s website experienced a surge in traffic, and sales skyrocketed. By the end of 2021, the company had achieved $550,000 in revenue.
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By July 2024, IceBeanie had sold over 200,000 units, generating more than $8 million in revenue. The product received positive reviews on platforms like Amazon, with customers praising its effectiveness in relieving migraines, headaches, and even aiding in chemotherapy recovery.
The company also expanded its product line, introducing IceBeanie 2.0 with enhanced comfort and fit. Products became available on Amazon and the official IceBeanie website, and the brand expanded internationally to countries including India and South Africa.
IceBeanie Net Worth 2025
As of 2025, IceBeanie’s estimated net worth is approximately $292,820, based on a 10% annual growth rate from the post-deal valuation.
With an estimated 10% yearly growth rate, the current net worth of IceBeanie is about $292,820.
Mark Cuban’s 25% stake in the company has appreciated in value, reflecting the company’s growth since the initial investment.
Where Is IceBeanie Heading in the Future?
IceBeanie continues to thrive in 2025, with plans to expand its product line and reach new markets. The company is exploring opportunities in retail partnerships and international distribution. Nic Lamb remains actively involved as CEO, leveraging his background as a professional athlete to promote the brand.
Customer reviews remain overwhelmingly positive, with many praising the product’s effectiveness and comfort. As the company looks to the future, it aims to continue innovating in the field of natural pain relief solutions.
🔹 TL;DR (Too Long; Didn’t Read)
IceBeanie Net Worth 2025 is estimated at $292,820. Backed by Mark Cuban, this cold therapy cap continues to grow with global sales and new launches.
FAQs
Is IceBeanie still in business in 2025?
Yes, IceBeanie is still active and growing, with plans for product expansion and international distribution.
Did IceBeanie get a deal on Shark Tank?
Yes, a deal was made on air with Mark Cuban for $50,000 in exchange for 25% equity.
Who owns IceBeanie now?
IceBeanie is still owned and operated by its founder, Nic Lamb, who serves as CEO.
Where can I buy IceBeanie?
IceBeanie products are available on their official website and Amazon.
