Somnifix, Mouth Strips, was started by Nicholas Michalak in 2014. As of August 2025, Somnifix’s net worth is $3 Million and they’re pulling in a whopping $1.1 Million in annual revenue. 

On April 21, 2019, they appeared on Season 10 of Shark Tank USA and made a deal with Mark Cuban for $500,000 for 20% equity. The final valuation was $2.5 Million, down from the founder’s initial estimate of $5 Million.

Somnifix is still in business as of 2023. The company offers a solution to snoring by providing a mouth strip that promotes nose breathing during sleep. Products are on sale at the official website, Amazon, and Walmart.

Somnifix Net Worth

Net worth$3 Million
Annual Sales Revenue1.1 Million
ProfitsN/A
Lifetime SalesN/A
Shark Tank InvestorMark Cuban
FounderNicholas Michalak
EmployeesN/A

Somnifix Net Worth Timeline

Net Worth 2023$3 Million
Net Worth 2022$2.7 Million
Net Worth 2021$2.5 Million
Net Worth 2020$2 Million
Net worth valuation 2019 after appearing on Shark Tank  $2.5 Million
Net worth valuation 2019 before appearing on Shark Tank  $5 Million

Somnifix Pitch on Shark Tank

Company nameSomnifix
ProductMouth Strips
EpisodeSeason 10 Episode 20
FounderNicholas Michalak
Asked for$500,000 for 10% equity
Final deal$500,000 for 20% equity
SharkMark Cuban
LocationChevy Chase, Maryland

Somnifix Founder

Somnifix was founded by Nicholas Michalak in 2014. This company offers a solution to snoring by providing a mouth strip that promotes nose breathing during sleep. Somnifix’s founder, Nicholas Michalak has a net worth of USD 3 Million as of 2025.

Key accomplishments:

YearAccomplishment
2019Appearing on Shark Tank in 2019 and receiving a deal from Mark Cuban
2014Creating a solution to snoring by providing a mouth strip that promotes nose breathing during sleep.

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 Spretz 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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