First Defence Nasal Screens Shark Tank Update – First Defence Nasal Screens net Worth

Joe Moore is a confident and strong entrepreneur who fought hard times in his life in the form of cancer. He presented his simple product, a small, stick-on filter for nostrils that filters up to 99% of allergens, dust, pollen, and dander, reducing allergy, symptoms, and respiratory irritation.

Those who suffer from asthma are particularly vulnerable to airborne particles, so the product has medical applications. He asked for $500,000 in exchange for a 10% investment in his company. Did he get the deal or not? Let’s find out.

First Defence Nasal Screens Net Worth

First Defence Nasal has been doing wonders since 2019; at that time, their current net worth was $5.8 Million, and in 2020, they rose to $6.2 Million. In 2021 and 2022, they reached $25 million and $30 million respectively. Per our last update, 2023, their net worth is $19 Million.

Did First Defence Nasal Screens get a deal on Shark Tank?

Joe presented his product in Season 2, episode 4 of Shark Tank USA. Yes, He got the deal of $750k for 30% and 15% perpetual royalty from Kevin O’Leary, Mark Cuban, and Daymond John.

Shark(s) InvolvedOffer madeDemandCounterofferAccepted?
Mark Cuban & Daymond & Kevin$750 K30% Perpetual Royalty + 30% OwnershipNoYes
Barbara CorcoranN/AN/AN/AN/A
Robert Herjavec$4 Million10% Royalty$5 with 15% RoyaltyNo

First Defence Nasal Screens Shark Tank Update

first defence nasal screens shark tank deal

The first defense nasal screens are self-adhesive nasal screens that are made of 100% breathable, non-latex, hypoallergenic materials. The screen can fit over and cover your nostrils. 

Lab tests confirm that the innovative Nasal Screen developed by First Defense effectively blocks approximately 92 percent of particles with a diameter of 1 micron and nearly 77 percent of particles with a diameter of 0.1 microns. This makes First Defense Nasal Screens a straightforward, convenient, and affordable solution to protect against viruses, germs, allergies, and pollutants.

This episode has so much curiosity element and it set a record of a $4 million offer from Robert Herjaves. The pitch was excellent and the discussion on offers was exciting as well. In the end, Joe closed the deal with three sharks and left happily.

Founders and BackStory

Joe Moore, the founder of First Defense Nasal Screen, came up with the idea for a nasal screen in 2011 after a near-death experience caused by a sneezing attack while driving. He almost collided with a semi-trailer on the interstate due to distraction from the sneezing.

This incident inspired Moore to find a solution to prevent similar accidents in the future. While considering face masks, he found them too heavy and uncomfortable. Through numerous trials and errors, Moore identified the perfect product. However, lacking the financial support and expertise to launch independently, he turned to the sharks for assistance.

With little marketing experience, starting the business alone would have been a lengthy process. Moore approached the sharks for backing and guidance in bringing his innovative nasal screen to the market.

Pitch and Offers

Barbara Corcoran opts out due to concerns about the cost of educating people on the necessity of the product. Still, Kevin O’Leary expresses intrigue and proposes a deal: $500,000 for a 20% equity stake and a 15% royalty. Mark Cuban intervenes, offering to partner with O’Leary.

Daymond John steps in with an $800,000 offer for a 30% equity share and a 10% royalty. O’Leary, undeterred, presents a second offer of $1 million for full ownership, which Moore rejects. However, Moore hints at the possibility of selling the company outright for the right price and a 10% royalty.

Daymond John then raises the stakes, offering $1 million for a 30% stake and a 10% royalty until he recoups his investment. Robert Herjavec outshines everyone with a groundbreaking bid of $2 million for the entire company, offering a 10% royalty.

As tension rises, Robert Herjavec makes Shark Tank history with an astounding offer of $4 million for the business and 10% royalty. In a counter-offer, Moore suggests selling the company for $5 million and a 15% royalty. However, Herjavec declined this proposal and exited the deal.

Negotiation and Final Deal

O’Leary, Cuban, and John join forces for a unified offer to Moore: $750,000 in exchange for a 30% ownership stake in the company, accompanied by a 15% perpetual royalty. Moore negotiates further, persuading Mark Cuban to sweeten the deal by including season tickets to the Mavericks. Ultimately, Moore accepts this collaborative offer from the three Sharks.

First Defence Nasal Screens Availability

First Defense Nasal Screens, created by Joe Moore, offer a groundbreaking solution to protect against contaminated air. These nasal screens are light, easy to use, and have been proven to reduce the intake of allergens, pollutants, and viruses by almost 99%. Unlike regular masks or nasal inserts, they provide a comfortable and discreet way to safeguard yourself from respiratory hazards.

Key Features of First Defense Nasal Screens:

  1. Lightweight and Easy to Use: These nasal screens have a clever design that ensures a comfortable fit without causing any discomfort. Users can simply peel and stick them onto the outside of their nostrils without needing insertion or adjustment.
  1. Proven Effectiveness: Through extensive research and clinical trials, First Defense Nasal Screens are highly effective in reducing the intake of allergens, pollutants, and viruses. This scientific validation makes them a reliable choice for respiratory protection.
  1. Protection Against Allergens, Pollutants, and Viruses: Acting as a physical barrier, these nasal screens filter out allergens such as pollen and pet dander, as well as pollutants and viruses in the air. They prevent these harmful particles from entering the nasal passages, lowering the risk of allergic reactions and respiratory infections.

How First Defense Nasal Screens Work:

First Defense Nasal Screens use a special non-woven material that closes when you breathe in, effectively filtering out allergens, pollutants, and viruses. When you exhale, the material opens up, allowing for smooth airflow while ensuring continuous protection. This unique mechanism ensures optimal filtration without hindering your breathing.

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