Ryan Chen and Kent Yoshimura pitched NeuroGum on Shark Tank. They sought $750,000 for a 5% stake in their business. They sell gum and mints that contain vitamins and caffeine. Their desire for a quick and simple energy boost led them to manufacture these items.
Energy drinks are inconvenient, and coffee is heavy. The mints and gum are sugar-free and vegan. They provide them with a mental boost as well. The founders talked about their history and friendship.
College is where they first met. They put a lot of effort into their academics and sports. During their hectic lives, they both desired more energy. Thus, this gum and mint combination was created.
Due to their oral absorption, gum and mints function more quickly than energy drinks. Will the entrepreneur get a deal on Shark Tank? Check out the Neuro update to find out!
Neuro Net Worth Shark Tank Update 2025
Ryan Chen and Kent Yoshimura asked for a $750,000 investment in exchange for 5% equity in their company. This meant they valued their company at $15 million. They did not make a deal on Shark Tank. After the show aired, NeuroGum saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of NeuroGum is about $24 million.
NeuroGum’s growth continued after Shark Tank. They gained success despite not landing a deal. The firm is still operating today. Over 50 million pieces of mints and gum have been sold. They make more than $12 million a year. They grew their business to include Whole Foods, Walmart, Target, and CVS. They are really well-liked on Amazon as well. NeuroGum continues to develop and introduce new goods.
They already offer gum and mints for relaxation, energy, and attention, and they will shortly introduce a sleep aid. They received additional attention as a result of their Shark Tank appearance. It was a significant event for the business. Their success demonstrates that they can prosper even in the absence of a shark. From a tiny internet company, they expanded to over 10,000 retail locations. They keep moving forward, and their future appears bright.
NeuroGum was not given a contract. They want $750,000 in exchange for 5% of their business. The founders rejected the proposals from two Sharks. For 20% of the business, Robert Herjavec made an offer of $1 million. It seemed like a dangerous investment to him. The product impressed him, but he desired a larger portion.
Additionally, Kevin O’Leary offered. Until he recovered $1 million, he offered $750,000 for 5% plus $0.50 from each unit sold. The royalty offer did not sit well with the founders. They left without a Shark partner after rejecting both offers. They sought to safeguard their other investors and thought their valuation was reasonable. They continued to put in a lot of effort despite not landing a deal.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Daniel Lubetzky (Guest Shark) | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | $750,000 for 5% equity but with an additional condition of $0.50 royalty per unit until he recouped $1 million | N/A | N/A |
| Robert Herjavec | $1 million for 20% equity | #1 $1 million for 10% equity #2 $1 million for 14% equity | N/A |
| Mark Cuban | Out | N/A | N/A |
Neuro Shark Tank pitch
Ryan and Kent met while attending college. Kent was practicing with the Japanese Olympic Judo team and pursuing a degree in neuroscience. Ryan was a chemical student. He captained both the track and cross-country teams. Ryan had a significant obstacle as well. He was in a snowboarding accident when he was 19. He would never be able to walk again, according to doctors.
He underwent 15 procedures throughout his two years in the hospital. After a long period of recovery, he was able to walk once more. He was motivated to live life to the utmost by this challenge. For their hectic lives, Kent and Ryan desired greater energy. Due to the inconvenient nature of coffee and energy drinks, they developed NeuroGum. Better was what they wanted. They collaborated to discover the ideal recipe. It required effort and time.
The Sharks heard the entrepreneurs’ explanation of their products. People can get a quick and healthy energy boost with NeuroGum and NeuroMints. L-theanine, vitamins, and natural caffeine are used to make the gum and mints.
The caffeine content of each piece is equivalent to half a cup of coffee. Because the product is absorbed through the lips, it functions more quickly than liquids. The creators disclosed their revenue figures as well. In the year they were on Shark Tank, they made $3.5 million.
Amazon and the internet accounted for the majority of their sales. Additionally, they had recently joined CVS in retail. There were 5,500 of them. The product sells for about $3.99 and costs $0.67 to create. They were enthusiastic about future expansion and had healthy profit margins. The Sharks were asked to assist the founders in growing their retail presence. They thought the proper partner might help their business expand even further.
The product was the subject of numerous queries from the Sharks. They were curious about how quickly the mints and gum worked. It takes between five to ten minutes, according to the founders. The Sharks also enquired as to whether the product was available in stores already. According to Kent and Ryan, they were in 5,500 places. They discussed their achievements at CVS and how, in the memory and attention sector, they were the second-best-selling product.
The Sharks enquired about recurring business as well. According to the founders, 33 percent of their internet buyers repurchased the item. 21% of Amazon consumers came back to make additional purchases. This demonstrated that after using the product, customers truly like it. Though they were worried about the business plan but the Sharks approved of the product.
The story and tenacity of the founders impressed the Sharks. However, they were worried about the company’s prospects. The first to declare his withdrawal was Daniel Lubetzky. He claimed that he was unable to relate to the product sufficiently. Mark Cuban made the decision to go out as well. He was concerned about the company’s energy and focus claims.
He believed that if the product did not function the same way for everyone, these claims might lead to issues. Despite his interest, Robert Herjavec thought the price was too expensive. He offered $1 million in exchange for 20% ownership. Additionally, Kevin O’Leary offered. He demanded a royalty of $0.50 per unit until he recovered $1 million, but he offered $750,000 for 5% equity.
What Went Wrong With Neuro On Shark Tank?
The Sharks were unable to make a deal because of a number of issues. They initially believed that the company was overvalued. They questioned whether the business could expand quickly enough to warrant the $15 million asking price. The valuation was described as “stinky poo poo” by Kevin O’Leary. The corporation was asking for too much, in his opinion. The company’s statements also worried Mark Cuban.
According to NeuroGum, it improves energy and focus, but Mark was concerned that different clients would experience different outcomes. He believed that if consumers believed the product did not work, this could lead to issues.
Daniel Lubetzky did not feel a connection to the product, but he did like the entrepreneurs. He didn’t think it had much of a future. Robert Herjavec desired a larger stake in the business but he was prepared to take a chance. That amount of equity was not something the founders were willing to give up. So they didn’t make a deal and departed.
Product Availability
Numerous stores carry NeuroGum and NeuroMints. CVS, Whole Foods, Walmart, Target, and other large retailers carry them. They are really well-liked on Amazon as well. The product is available in mint and gum varieties. It is gluten-free, sugar-free, and vegan. People get a clean energy boost from it. L-theanine, vitamins, and natural caffeine are all present in each piece.
The company’s website also sells gum and mints. Each piece of gum costs $0.67 to create, and a pack costs about $3.99. The creators’ product range is still growing. Gum and mints are now available for clarity and relaxation. A new sleep aid product is also scheduled for release.
Conclusion
The experience NeuroGum had on Shark Tank was both thrilling and difficult. Kent and Ryan, the founders, told a stirring tale. They developed a product to give consumers a quick and healthy energy boost. They persisted in their efforts despite not landing a transaction. NeuroGum is a prosperous business today. They have sold more than 50 million gum and mint pieces and are sold in more than 10,000 outlets.
They received increased notice as a result of their presence on Shark Tank. They have developed into a successful company even without the assistance of a shark. They keep improving their goods and adding new products to their lineup. NeuroGum appears to have a promising future. The business demonstrates how perseverance and hard work may result in significant success.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
