When Romy Taormina stepped onto the Shark Tank stage, she wasn’t just pitching another wellness product, she was sharing a deeply personal mission. Psi Bands, FDA-cleared acupressure wristbands designed to combat nausea, were inspired by her own grueling experience with morning sickness during pregnancy. But beyond the heartfelt story lay a sleek, stylish solution to a widespread problem.
Psi Bands quickly differentiated themselves from clunky sea bands and traditional nausea remedies with their fashion-forward design and adjustable features. They weren’t just about relief, they were about confidence. The product was already generating buzz before its Shark Tank debut, and the company had amassed over $1 million in sales.
Founder Profile: Who’s Behind Psi Bands?
Romy Taormina, a former marketing executive, founded Psi Bands out of necessity and passion. A graduate of Cal Poly, San Luis Obispo, Taormina had a solid background in marketing, previously working for a company that developed spinal implants.
When she experienced severe nausea during her pregnancy, she discovered acupressure bands but found them unattractive and ill-fitting. That pain point sparked the idea for Psi Bands.
“I wanted something effective but also stylish,” Romy explained. “If you’re not feeling well, the last thing you want is to wear something that makes you feel worse.”
Under her leadership, Psi Bands gained traction quickly. The product was sold in major retailers including Target, REI, CVS, and Whole Foods. At one point, Romy’s estimated net worth hovered around $2 million, largely tied to the company’s valuation.
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The Shark Tank Pitch: High Stakes in the Tank
Romy entered the tank during Season 4, seeking $250,000 in exchange for 10% equity, valuing Psi Bands at $2.5 million. The Sharks were intrigued by the product’s FDA clearance and stylish functionality, but they quickly became concerned about competition and scalability.
Kevin O’Leary questioned the valuation: “You’re asking for a $2.5 million valuation, but you haven’t proven you can dominate the space.”
Despite the skepticism, Robert Herjavec made an offer of $250,000 for 40% equity. Romy, feeling the equity was too high, countered, but ultimately walked away without a deal.
“I didn’t want to give up that much of my company,” she later said in an interview. “It was a tough call, but I had to trust my gut.”
Her pitch showcased resilience and belief in her product. Though the deal didn’t close, the national exposure fueled a short-term sales boost.
Psi Bands Pitch on Shark Tank (Quick Info Card).
| Company name | Psi Bands |
| Product | Acupressure band for nausea relief |
| Episode | Season 04 Episode 18 |
| Founder | Romy Taormina |
| Asked for | $250,000 for 10% equity |
| Final deal | No deal |
| Sharks | None |
| Location | USA |
Inside Psi Bands’ Post-Tank Boom
Even without a deal, Psi Bands saw a notable post-Shark Tank surge. The product hit shelves in over 7,000 retail locations and was featured in national media outlets. Romy expanded her reach internationally and diversified the product line with new colors and designs.
By 2018, Psi Bands had generated over $3.2 million in cumulative sales. The company received FDA clearance, CE marking for European distribution, and strong endorsements from the cancer treatment community.
“We got a huge boost from appearing on Shark Tank,” Romy told CNBC. “The validation it gave us, even without a deal, was enormous.”
However, sales began to plateau as newer competitors entered the wellness wearables market, and online consumer behavior shifted.
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Psi Bands Reviews: Stylish but Not for Everyone
Reviews for Psi Bands have been largely positive, particularly from pregnant women, travelers, and chemotherapy patients. Users praise the product’s stylish design, comfort, and adjustability.
However, some reviews noted issues:
- The plastic clasp can be difficult to adjust for smaller wrists.
- Inconsistent effectiveness for some users, especially those not familiar with proper acupressure placement.
- Limited tech integration compared to emerging smart wearables.
Despite these concerns, Psi Bands maintained a loyal customer base, particularly among users looking for drug-free relief.
What Happened After Shark Tank? Is Psi Bands Still in Business?
As of 2025, Psi Bands is still in business, with products available through select retail partners and online stores. While the brand’s visibility may have decreased, the official website remains active and provides updated purchase options.
“You can buy Psi Bands directly from one of our retail partners in-store or online,” the company confirms. “Psi Bands are FSA (Flexible Spending Account) eligible!”
Though founder Romy Taormina has stepped back from the spotlight, the product continues to serve customers seeking drug-free nausea relief.
If the Deal Happened, Would This Be One of the Best in Shark Tank History?
Since Romy declined Robert’s offer, no Shark made a profit from Psi Bands. Had she accepted the $250,000 for 40%, and assuming a $3.2 million revenue ceiling, Herjavec might have earned roughly $1 million, depending on margins and growth.
Compared to mega-successes like Bombas (valued over $100 million) or Scrub Daddy (over $300 million in lifetime revenue), Psi Bands would have been a modest win at best.
Still, the product’s exposure and initial traction proved its market viability, even if long-term scalability fell short.
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Final Takeaway: A Stylish Idea That Faced Tough Realities
Psi Bands was a thoughtful, well-designed product that met a real need, but even great products require agile leadership, fresh capital, and the ability to scale rapidly.
The company’s closure is a reminder that Shark Tank fame doesn’t guarantee long-term success. Still, Romy’s journey offers a wealth of entrepreneurial wisdom for anyone navigating the highs and lows of startup life.
TL;DR
Psi Bands is still in business and has an estimated net worth of $3 million in 2025. Though no deal was made on Shark Tank, the brand gained national exposure and continues to sell through retail partners and its website.
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