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
InvestorsLori Greiner and Bethenny Frankel
FoundersJennifer Paschall and Gita Vasseghi

No Mo-stache Pitch on Shark Tank

Company nameNo Mo-stache
ProductOn-the-go discreet waxing strips for women
EpisodeSeason 09 Episode 08
Founders Jennifer Paschall and Gita Vasseghi
Asked for$100,000 for 25% equity
Final deal$100,000 for 25% equity
Shark / SharksLori Greiner and Bethenny Frankel
LocationInglewood, 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

YearAccomplishment
2017Appeared on Shark Tank season 09 and Lori Greiner and Bethenny Frankel invested $100,000 for 25% equity.
2020No Mo-Stache launched its own line of skincare products.
2023No 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.

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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