Jennifer Paschall and Gita Vasseghi created No Mo-Stache, a portable waxing kit, to make hair removal easy and mess-free. They pitched it on Shark Tank in 2017 and secured a $100,000 deal from Lori Greiner and Bethenny Frankel for 25% equity, with a $1 royalty per unit until $200,000 was repaid.
Thanks to the exposure, No Mo-Stache expanded its product line, adding the No Mo-Bush bikini waxing kit, and landed in major retailers like Ulta Beauty, CVS, and Anthropologie.
By 2025, the brand’s products are available in 15,000 stores and online, generating $4 million annually, cementing its spot in the beauty market.
No Mo-stache Net Worth
| Estimated Net worth | $2 million (2025) |
| Annual Sales Revenue | $4 million |
| Investors | Lori Greiner and Bethenny Frankel |
| Founders | Jennifer Paschall and Gita Vasseghi |
No Mo-stache Pitch on Shark Tank
| Company name | No Mo-stache |
| Product | On-the-go discreet waxing strips for women |
| Episode | Season 09 Episode 08 |
| Founders | Jennifer Paschall and Gita Vasseghi |
| Asked for | $100,000 for 25% equity |
| Final deal | $100,000 for 25% equity |
| Shark / Sharks | Lori Greiner and Bethenny Frankel |
| Location | Inglewood, USA |
Don’t miss these products from Season 09
No Mo-stache Founders
No Mo-stache was founded by Jennifer Paschall and Gita Vasseghi in 2013. Paschall and Vasseghi are passionate about making hair removal more convenient and accessible to women.
They believe that every woman deserves to feel confident and comfortable in her own skin. No Mo-stache’s founders, Jennifer Paschall and Gita Vasseghi, have an approximate net worth of $2 million as of 2025.
Key accomplishments
| Year | Accomplishment |
| 2017 | Appeared on Shark Tank season 09 and Lori Greiner and Bethenny Frankel invested $100,000 for 25% equity. |
| 2020 | No Mo-Stache launched its own line of skincare products. |
| 2023 | No Mo-Stache continues to grow and expand its product line. |
Conclusion
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 No Mo-stache and its continued success.