What Happened to Neuro Gum After the Shark Tank Pitch?
What is Neuro Gum?
Neuro Gum is a chewing gum that was developed to offer people with clean, safe energy. It is meant to be used in place of supplements and energy drinks, which can cause crashes and contain a lot of sugar.
Neuro Gum & Mints are vegan, gluten-free, aspartame-free, and sugar-free, with natural green tea caffeine, L-theanine, and vitamins B6, B12 included.
Who Founded Neuro Gum?
Neuro Gum was founded by Kent Yoshimura and Ryan Chen.
Kent Yoshimura and Ryan Chen desire a low-sugar, low-chemical energy supplement.
They were interested in nootropic medicines for a number of reasons, but they also wanted to be able to get a boost simply chewing gum or sucking on a mint.
The men use their patent-pending nootropic (cognition-improving) caffeine + L-theanine combination with other vitamins to get a variety of nootropic effects.
The flavors “Energy and Focus” and “Calm and Clarity” come in peppermint, cinnamon, ginger chai, and honey lemon.
They pre-sold their first gum on IndieGoGo in 2015, raising $20,571.
They were kicked off Kickstarter because caffeine-based energy goods are not permitted.
A six-pack of 54-piece gum costs $21 or $18.90 if you subscribe.
They’ve sold ten million pieces since its beginnings, which may or may not justify their $15 million price tag.
What Happened to Neuro Gum at the Shark Tank Pitch?
Ken and Ryan are seeking $750,000 for a 5% investment in their firm. The Company is valued at $15 million as a result of this.
In terms of revenue, the firm has generated $3.5 million in the first eight months of 2019. They need a Shark to help them with their marketing budget and retail operations.
They’d want a Shark to help them navigate the world of shopping. Robert is apprehensive, but he cares for the lads and offers $1 million in exchange for a 20% stake.
Kevin rejects the valuation and instead offers $750,000 for 5% with a 50 cent royalty per unit until he recoups $1 million.
The guys answer to Robert by asking whether he will take a valuation of $10 million. Robert reacts with a $7 million valuation, and when they explain that they won’t be able to get there, he storms out.
They next turn to Kevin, who also declines their offer.
What Happened to Neuro Gum After the Shark Tank Pitch?
Despite the lack of a contract, the company continues to sell on Amazon and its website. Kent has fitness videos on YouTube, and the company is still involved in the community.
During the riots in Los Angeles following George Floyd’s death, they recently aided in the painting of murals on boarded-up stores.
Their Instagram profile has 13.1K followers, Facebook has 4.7K followers, and Twitter has 2.7K followers.
Their products were offered in 6500 retail locations, including 5000 CVS stores, as of November 2021. The yearly revenue of the corporation is $6 million.
What is the Net Worth of Neuro Gum?
As of 2021, Neuro Gum is valued $500 million.
Who are the Competitors of Neuro Gum?
Nootropics LTD, HighRES Inc., Martinez & Turk Inc., Powder City LLC., Nootrobox, AlternaScript LLC., and truBrain Inc. are some of Neuro Gum’s main competitors.
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Neuro Gum FAQS
Is it true that Neuro Gum got a deal on Shark Tank?
Despite the lack of a contract, the company continues to sell on Amazon and its website. Kent has fitness videos on YouTube, and the company is still involved in the community.
How long should they chew their Neuro Gum for?
If they need a cognitive boost, the business recommends chewing one or two gums each day. Within 5 to 10 minutes, the advantages of the brain supplement become apparent.
What distinguishes Neuro Gum?
They use carefully designed components and thorough scientific testing to offer the most effective solution for improving their mental state.
Unlike heat-extruded gum and mints, they use breakthrough cold-compression technology to assure each component’s bioavailability.
How many pieces may they eat in a single day?
Most healthy people, according to statistics, can withstand up to 400mg of caffeine per day, which equals to around 10 pieces of Neuro.
They recommend taking 1-2 pieces at a time as needed.
When should they employ Neuro Gum?
Take Neuro Gum whenever they need a modest boost to their preferred mental state, whether it’s energizing or relaxing.
They like to use Neuro Gum before and after they work out, study, drive, and dine.
How long should they hold it in their mouth to reap the full benefits?
Because of buccal and sublingual absorption, Neuro operates faster than if the components were ingested. The effects are noticeable in as little as 5 minutes, but they may use it for as long as they choose.
How should they store Neuro, and how long will it keep?
Neuro may be kept everywhere (in their car, handbag, backpack, or workplace), but it is best kept in a cool, dry area. It has a shelf life of two years.
What is Neuro’s pH level?
Unlike coffee, Neuro has a neutral pH of 7 – the same as water.
Where can they purchase Neuro Gum?
Neuro is available for purchase on both their website and Amazon.com. They may also find a Neuro-stocked retail location near them by using their store finder or CVS.com.
Is it possible to order Neuro Gum as a present for someone?
When purchasing as a gift, enter their email address to receive all summary information, but enter the recipient’s name and shipping information instead.
they’ll make sure there’s no pricing or receipts in the package.
Can they order Neuro Gum from a country other than the United States?
They currently only ship to the United States. They want to be able to share with the rest of the world as they grow. Follow them on social media to stay up to speed on the newest news and developments.
How long will it take to get their order?
Orders ordered within the United States are sent and delivered within 5-7 business days.
Which shipping companies do they use?
They rely on the US Postal Service, FedEx, and UPS to deliver their packages. To keep shipping prices low, they compare pricing among carriers and dispatch using the most cost-effective method.
How can they return a product for a refund?
They have 30 days to try Neuro, and if they aren’t fully satisfied, they will either fix the problem or return their money. Simply send them an email at [email protected]
Who founded Neuro Gum?
Kent and Robert, husband and couple entrepreneurs, are the brains of Neuro Gum.
What is the difference between truBrain and Neuro?
TruBrain is a neuroenhancement supplement that contains caffeine, L-theanine, vinpocetine, alpha lipoid acid, creatine, phosphatidylserine, and other substances.
Neuro Gum contains roughly 15% caffeine derived from genuine coffee beans, as well as a wide range of substances designed to promote cognitive functioning in the brain.
Which episode of Shark Tank was Neuro Gum aired?
It aired in episode 19 of Season 11.
