Napwell, a Sleeping Mask, was started by Neil Joglekar and Justin Lee in 2013. Napwell, net worth was $1 Million at the time of their pitch in 2015 based on the $100,000 offer for a 10% equity of the company.
They appeared on Season 6 of Shark Tank USA in 2015. However, the Sharks were not interested in investing in Napwell. Sharks stated that this wasn’t the right type of investment to make, so the founder had to walk out empty-handed.
Napwell went out of business in 2015. Their products are no longer available on the market.
Napwell Net Worth
| Net worth | $1 Million (Business Valuation) |
| Lifetime sales | – |
| Investor | – |
| Founders | Neil Joglekar and Justin Lee |
Napwell Net Worth Timeline
| Net Worth 2024 | Out Of Business |
| Net worth valuation in 2015 before appearing on Shark Tank | $1 Million |
Napwell Pitch on Shark Tank
| Product | Sleeping mask |
| Episode | Season 06 Episode 15 |
| Founders | Neil Joglekar and Justin Lee |
| Asked for | $100,000 for 10% equity |
| Company name | Napwell |
| Final deal | No deal |
| Sharks | None |
| Location | Boston, Massachusetts |
Don’t miss these products from Season 6
Napwell Founders
Napwell was founded by Neil Joglekar and Justin Lee in 2013. They wanted to make something to prevent sleep inertia. They are very passionate about their business. Napwell’s founders, Neil Joglekar and Justin Lee net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2015 | Napwell appeared on Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and Napwell was one of them. Sometimes businesses don’t succeed for 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, Napwell went out of business in 2015. And the product is no longer available in the market.
