After its appearance on Shark Tank, where Barbara Lampugnale secured a $50,000 deal with Lori Greiner for her 3-in-one nail color kit business, the product saw significant early success. Nail Pak sold out quickly on QVC and secured a deal with Ulta Beauty, leading to $750,000 in sales.
However, despite these achievements, the company ceased operations around 2016, and the product is no longer available in stores or online.
Nail Pak (Grace Nail) Net Worth
| Estimated Net worth | $250,000 (2012) Business valuation |
| Annual Sales Revenue | Not available |
| Lifetime sales | Not available |
| Investor | Lori Greiner |
| Founder | Barbara Lampugnale |
| Employees | – |
Nail Pak (Grace Nail) Pitch on Shark Tank
| Company name | Nail Pak (Grace Nail) |
| Product | Nail Polish Kits |
| Episode | Season 03 Episode 13 |
| Founder | Barbara Lampugnale |
| Asked for | $50,000 For 20% Equity |
| Final deal | $50,000 For 40% Equity |
| Shark | Lori Greiner |
| Location | USA |
Don’t miss these products from Season 03
Nail Pak (Grace Nail) Founder
Barbara Lampugnale founded Nail Pak (Grace Nail)in 2010. She is a Korean-American entrepreneur who has been in the beauty industry for over 20 years. Lee’s brand quickly gained poplarity and got featured in several magazines such as Vogue, Harper’s Bazaar, and Allure. The networth of Nail Pak (Grace Nail)’s founder, Barbara Lampugnale, is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2012 | Appeared on Shark Tank season 3 and Lori Greiner invested $50,000 For 40% Equity |
| 2015 | Nail Pak is launched by Grace Lee. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Nail Pak (Grace Nail) was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Nail Pak (Grace Nail) went out of business in 2016. And the product is no longer available in the market.