Shark-Tank-US-Net-worth-UpdateNapwell

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.

RELATED: 9 REJECTED SHARK TANK PITCHES THAT MADE MILLIONS

Napwell Net Worth

Net worth$1 Million (Business Valuation)
Lifetime sales–
Investor–
FoundersNeil Joglekar and Justin Lee

Napwell Net Worth Timeline

Net Worth 2024Out Of Business
Net worth valuation in 2015 before appearing on Shark Tank  $1 Million

Napwell Pitch on Shark Tank

ProductSleeping mask
EpisodeSeason 06 Episode 15
Founders Neil Joglekar and Justin Lee
Asked for$100,000 for 10% equity
Company nameNapwell
Final dealNo deal
SharksNone
LocationBoston, Massachusetts

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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.

RELATED: HOW SHARKS VALUATE A BUSINESS ON SHARK TANK

Key accomplishments

YearAccomplishment
2015Napwell 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.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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