What Happened to NootroBox After Shark Tank?
What is NootroBox?
NootroBox is a company that provides Nootropic tablets to help you become a better version of yourself.
The company’s name was changed to HVMN in mid-2017, and it is currently known as NootroBox for its collection of four Nootropic blends: Sprint for energy and focus, Rise for memory, Kado-3 for Omega-3 fatty acid support, and “Yawn” for natural sleep aid.
The company’s creators, Geoffrey Woo and Michael Brandt, came up with the idea for NootroBox in 2014. Woo and Brandt both grew up in Silicon Valley’s startup techie scene, where they developed their entrepreneurial spirit.
And in Silicon Valley, where people try to wring every second of production out of every second, bivouacking is unmistakably part of the ethos.
Who is the NootroBox creator?
The company’s creators, Geoffrey Woo and Michael Brandt, came up with the idea for NootroBox in 2014. Woo and Brandt both grew up in Silicon Valley’s startup techie scene, where they developed their entrepreneurial spirit.
Nootropic, according to the NootroBox website, “are a large category of cognition-enhancing drugs with minimal side effects and are suitable for long-term use.”
These compounds include those found in nature or produced by the human body, as well as synthetic equivalents.” In other words, they are vitamins that boost mental acuity.
They sell a wide range of products. Rise is a nutritional supplement that boosts memory, stamina, and resilience. Kado-3 is an omega-3 supplement that protects both the brain and the body on a daily basis.
Sprint gives you a boost for immediate clarity, energy, and flow when you have a long day ahead of you. Yawn is a sleep aid that helps you fall asleep, sleep better, and wake up feeling refreshed.
The Go Cubes chewable coffee was the product that caught NootroBox interest. They claim it gives the same caffeine boost as coffee but without the jittery feeling.
All of their supplements have been GRAS (Generally Recognized As Safe) certified and/or authorized as a dietary supplement substance by the FDA.
A bottle of supplements costs between $39 and $49. It includes one month’s worth of nutrients. A full month’s supply of each supplement costs $121. The Go Cubes are $39 for 20 packets of four cubes.
What Happened to NootroBox’s pitch on Shark Tank?
In episode 10 of season 8 of NootroBox on Shark Tank, Michael and Geoffrey decided to pitch their idea to Sharks to help them with distribution.
Michael and Geoffrey entered the Shark Tank seeking for $2 million for a 5% stake in their firm, which worth $40 million.
The Sharks are astounded by the $40 million price tag, which is the most in Shark Tank history! The Sharks, like the rest of the league, don’t “get” the stuff.
Chris Sacca goes out because he is concerned about the long-term effects on his health.
Lori feels they need a better salesperson and goes out.
Kevin will not spend $2 million on sugar cubes, thus he went out. Robert went out because he felt they didn’t explain things well enough.
Mark, however, feels the valuation was ludicrous and has opted out. Finally, the two leave the pitch without a deal.
What Happened to NootroBox After Shark Tank?
Despite the fact that the presentation did not result in a deal, the company is still in business and trades under the name HVMN (pronounced “human”).
They have over $3 million in monthly sales and have produced Ketone, a Ketone ester energy drink. They’ve risen over $2.5 million from investors and appear to be getting traction.
The company is still in business as of December 2021, with annual revenues of $4 million.
Competitors of NootroBox
NootroBox’s primary rivals are Mental Mojo, Genuine Health, MakeWay Wellness, Provera, Equilibrium Nutrition, and Arepa.
NootroBox’s Net Worth
During and after the pitch, the firm was valued at $40 million. Since then, the firm has grown in sales, with annual revenue of $4 million. This signifies that the company’s net worth might have been more that of pitch.
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NootroBox FAQs
What is NootroBox made of?
NootroBox formulas contain no illegal or prescription drugs. The supplements are designed to promote mental cognition, to improve brain function and enhance overall performance.
What is the main ingredient in NootroBox?
The main ingredient in all NootroBox formulas are B vitamins, including B1 (thiamine), B2 (riboflavin), B6 (pyridoxine), B12 (cyanocobalamin), and foliate.
Is NootroBox safe to use?
According to the NootroBox website, there are no dangerous side effects, and no serious health risks.
What is the recommended dosage?
Each stack comes with a small leaflet that will guide users through their day. For example, in order to help them perform at their best, they have to take 2 capsules of Rise in the morning and 2 more after lunch. This means that one bottle of Rise will last for a month.
Is NootroBox approved by FDA?
All the NootroBox products are listed on the FDA’s GRAS and/or authorized as dietary supplements on the FDA website.
Are NootroBox ingredients effective?
According to the official Nootropic website, all ingredients used in their formulas are intended to enhance mental focus and clarity.
Who Are The Founders?
Geoffrey Woo, a Navy Seal, and Michael Brandt met while studying at Stanford University and became inseparable in Silicon Valley’s startup scene.
Is NootroBox safe to use by kids?
NootroBox states clearly that their products are not for use by children and even for adults, they are intended for only occasional use.
What is the cost of NootroBox?
According to their website, a bottle of supplements will cost between $39 and $49. A full month’s supply of each supplement will cost $121.The Go Cubes are $39 for 20 packets of four cubes.
What is the delivery time for NootroBox?
Customers can expect their order to be dispatched by courier within 48 hours after they have placed it online. The delivery time is usually 5-10 business days.
How do I track my order?
The NootroBox website has a tracking service on the order page, which is accessible by logging into their online account.
What is NootroBox’s return policy?
The company offers full returns for any reason, but they have to be made within 30 days of delivery. The customer will get a refund minus shipping charges and 10% restocking fees.
What is NootroBox guarantee?
NootroBox offers a 100% satisfaction guarantee to all users. If they are not satisfied with the product, they can return it for a full refund minus shipping charges and 10% restocking fees.
What are NootroBox payment terms?
The company accepts all major credit cards, including MasterCard and Visa.
What are the benefits of NootroBox?
NootroBox produces a variety of supplements including Ketone, which is their energy drink, and their other energy supplements. Other products include caffeine and adaptogens like Papaya and Cordyceps.
