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Oogiebear Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-Update-Oogiebear

Oogiebear, a booger removal tool, was started by Nina and Sina Farzin in 2015. As of December 2023, Oogiebear net worth is $8 million and they’re pulling in a whopping $5.4 million in annual revenue. 

In September 2022, they appeared on season 5 of Shark Tank USA and made a deal with Barbara and Robert, $600,000 for 10% equity. The final valuation was $6 million, down from the founder’s initial estimate of $8 million.

As of 2023 December, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.

Oogiebear Net Worth

Net worth$8 million
Annual Sales Revenue$5.4 million
Profits$1 million
Lifetime sales$15 million
InvestorsBarbara and Robert
FoundersNina Farzin
Employees11-50 employees

Oogiebear Net Worth Timeline

Net Worth 2023$8 million
Net worth valuation 2022 after appearing on Shark Tank  $6 million
Net worth valuation 2022 before appearing on Shark Tank  $8 million

Oogiebear Pitch on Shark Tank

Company nameOogiebear
ProductBooger removal tool for babies
EpisodeSeason 14 Episode 01
FoundersNina and Sina Farzin
Asked for$400,000 For 5% equity
Final deal$600,000 For 10% equity
SharksBarbara and Robert
LocationRockville, Maryland, United States 

Don’t miss these product from Season 14

Oogiebear Founders

Oogiebear was founded by Nina and Sina Farzin in 2015. Nina and Sina Farzin are a married couple living in Potomac, Maryland. They both work in healthcare but in different areas. Sina focuses on periodontics, while Nina used to work as a pharmacist. Oogiebear’s founders, Nina and Sina Farzin, have a net worth of 7.2 million USD as of 2023.

Key accomplishments

YearAccomplishment
2022The company appeared on Shark Tank Season 14 and got the deal from Barbara and Robert.
2023The product sells in 1600  stores nationwide.

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 Oogiebear and its continued success.

What do you think?

Written by GAG Team

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