No Mo-Stache, founded by Gita Vasseghi, appeared on Shark Tank in 2018 with a line of portable facial wax strips for women.
Although it didn’t secure a deal, the brand gained considerable publicity. As of 2024, No Mo-Stache is valued at approximately $2 million.
The business continues to thrive, expanding its product line to include body waxing and selling in major retailers like Target and Urban Outfitters.
No Mo-Stache has not relied on crowdfunding but has seen steady growth through retail partnerships and online sales, maintaining its status as a leading at-home waxing brand.
No Mo-stache Net Worth
Estimated Net worth | $2 million (2024) |
Annual Sales Revenue | $4 million (2024) |
Lifetime sales | Not publicly available |
Investors | Lori Greiner and Bethenny Frankel |
Founders | Jennifer Paschall and Gita Vasseghi |
Employees | Not publicly available |
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 2024.
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.