Nohbo Shark Tank Update | Nohbo Net Worth

Nohbo is an innovative and eco-friendly personal care company that had its spotlight on Season 7 of the popular American business reality show Shark Tank.

The company is renowned for creating single-use, water-soluble drops containing shampoo, conditioner, body wash, and shaving cream.

These drops are encased in a biodegradable wrapper that dissolves in water, thus offering a convenient and waste-free alternative to traditional personal care products. The core feature that sets Nohbo products apart is the unique water-soluble packaging.

Every time you use a Nohbo drop, the outer layer dissolves and releases the contents, eliminating the need for single-use plastic bottles or tubes.

Its products are high-quality, vegan, and cruelty-free, including shampoo, conditioner, body wash, and shaving cream. It’s designed to be kind to your skin, hair, and the environment. 

Nohbo products are a good choice for a multitude of reasons. Firstly, they align with the global need for sustainable alternatives in our daily lives, particularly in personal care, where plastic waste is substantial.

By eliminating the need for plastic packaging, Nohbo reduces the total plastic waste that ultimately ends up in landfills and oceans. Secondly, the single-use format is perfect for travel, camping, or gym visits.

The drops are compact, lightweight, and TSA-friendly, making them incredibly convenient. Lastly, in addition to being eco-friendly and convenient, Nohbo prioritizes product quality, ensuring that despite the novel format, users do not compromise on the effectiveness and luxury of their personal care experience. 

Nohbo, as seen on Shark Tank, has successfully combined convenience, sustainability, and quality in its revolutionary personal care products. By choosing Nohbo, consumers can contribute to a greener future while enjoying a top-notch, hassle-free personal care regimen.

Company NameNOHBO
EntrepreneurBenjamin Stern
ProductSingle-Use Shampoo Balls
Investment Asking For$100,000 For 25% equity in NOHBO
Final Deal$100,000 For 25% equity in NOHBO
SharkMark Cuban
Nohbo Episode Season 7, Episode 18
Nohbo Business StatusIn Business
Nohbo WebsiteNOHBO Website
Nohbo Net Worth$8 Million

What Is NOHBO?

Nohbo is an innovative company that has made a substantial breakthrough in the personal care industry with a revolutionary concept of creating environmentally friendly, single-use products.

The company is primarily known for its Nohbo Drops, which are transformative single-use, water-soluble drops containing personal care essentials like shampoo, conditioner, body wash, and shaving cream.

The magic of these products lies in their unique packaging. The drops are encased in an advanced water-soluble plant film that dissolves completely upon contact with water, making packaging waste a concern of the past.

This concept revolutionizes how personal care products are used and packaged, making Nohbo’s products a sustainable alternative to traditional plastic shampoo bottles.

Nohbo’s innovative approach and environmental commitment mark it as a game-changer in the personal care industry and the fight against plastic pollution.

Nohbo Shark Tank Update | Nohbo Net Worth

Furthermore, Nohbo’s mission extends beyond just innovative product delivery. The company also focuses on the broader goal of reducing non-degradable plastic waste from our planet.

Nohbo strives to protect aquatic and avian life from the harm induced by plastic products, making Nohbo a champion of innovative personal care and environmental stewardship.

Here are some key attributes of Nohbo’s products:

  • Eco-Friendly: The Drops are packaged using a plant-based, water-soluble film, making them a sustainable alternative to plastic bottles.
  • Single-use: Nohbo Drops are designed for single-use, ensuring freshness and hygiene.
  • Chemical-Free: Nohbo’s products are free from harmful chemicals, ensuring safe use for all customers.
  • Variety: The company offers a variety of personal care products, including shampoo, conditioner, body wash, and shaving cream.

Who Is The Founder Of NOHBO?

Benjamin Stern, a young and ambitious entrepreneur from Florida, founded Nohbo. Stern was just a teenager attending high school when he devised the concept for Nohbo.

Fascinated by entrepreneurship from an early age, Stern began developing his innovative idea after viewing a biology class documentary highlighting the alarming rate at which plastic pollution was damaging our ecosystems. This spurred him to develop a product that could potentially minimize the use of plastic in the personal care industry.

Stern’s idea took the shape of Nohbo, single-use, water-soluble balls of shampoo, conditioner, body wash, and shaving cream encased in biodegradable packaging.

His goal was to eliminate the billions of tiny plastic bottles that hotels worldwide offer and that households use, most of which end up in landfills or oceans. The product was designed not only to minimize waste but also to deliver a high-quality personal care experience.

Before appearing on Shark Tank, Stern faced numerous challenges in bringing his product to market. A significant obstacle was creating a formula for the product and its unique packaging that could meet quality standards, withstand various conditions, and be cost-effective.

Despite these challenges, Stern persisted, securing a provisional patent for Nohbo and producing a small quantity of the product for testing and promotional purposes.

Stern’s hard work paid off when he secured a spot on Season 7 of Shark Tank. The appearance brought Nohbo to the attention of millions of viewers and led to an investment that catapulted the brand to new heights.

It was a significant milestone for Stern and his innovative, eco-friendly personal care product line, highlighting his dedication to creating a more sustainable world.

How Was The Shark Tank Pitch Of NOHBO?

Benjamin Stern, the founder of Nohbo, appeared on Shark Tank in Season 7, Episode 20, and impressed the Sharks with his pitch for his innovative, eco-friendly personal care product.

Stern started by introducing himself as a high school student, and then he promptly launched into his passionate pitch about the environmental issues caused by plastic waste, particularly in the personal care industry.

He emphasized creating sustainable alternatives and presented Nohbo as an innovative solution. Stern demonstrated how the product worked, showing the panel a Nohbo ball, it’s water-soluble packaging, and how it dissolved under running water, leaving no trace of waste.

Stern sought an investment of $100,000 for his innovative company in exchange for a 20% stake, valuing Nohbo at $500,000. The Sharks were notably impressed with Stern’s maturity, dedication, and overall concept of Nohbo.

However, they voiced concerns regarding the company’s stage of development, market viability, production costs, and the product’s retail price.

Despite these concerns, the renowned Shark and owner of the Dallas Mavericks, Mark Cuban, was highly interested in the product.

He was impressed with Stern’s drive and vision, especially at such a young age, and saw potential in the product. Cuban offered Stern $100,000, but he requested a 25% stake in the company, a slight increase from Stern’s initial equity offer. 

After some consideration, Stern accepted Cuban’s deal, marking a successful conclusion to the pitch. The deal was celebrated as a big win for Nohbo, which now had the backing of one of the most successful entrepreneurs in the United States.

Stern’s appearance on Shark Tank proved to be a pivotal moment in the company’s journey, bringing significant exposure and an essential partnership that would aid Nohbo’s growth in the competitive personal care industry.

Final Deal: Mark Cuban agreed to invest $100,000 for 20% equity in NOHBO.

What Happened To NOHBO After Shark Tank?

Nohbo experienced substantial growth and success after its appearance on Shark Tank. The company’s innovative and eco-friendly approach to personal care captured a lot of attention and interest, not just from the Sharks but also from the audience.

With the investment and mentorship from Mark Cuban, the brand received the financial and strategic support it needed to scale its operations and enter the market with a stronger foothold.

Since the Shark Tank pitch, Nohbo has gone through several rounds of product development and refinement to enhance further the quality of its personal care products and the efficiency of its production process.

The company expanded its product range to include shampoo, conditioner, body wash, and shaving cream drops, all featuring the same water-soluble, waste-free packaging.

One significant achievement for Nohbo post-Shark Tank was securing partnerships with various hotel chains. These partnerships were pivotal in reaching Stern’s original goal of replacing the mini plastic bottles typically used in hotels.

By adopting Nohbo’s single-use drops, these hotels significantly reduced their contribution to plastic waste.

Regarding retail, Nohbo products became available through various online platforms, including the company’s official website and large ecommerce sites, reaching a wider customer base.

The brand received positive reviews for its innovative concept, product effectiveness, and commitment to sustainability.

The appearance on Shark Tank served as a massive boost for Nohbo, providing the resources and exposure necessary for the company to refine and expand its eco-friendly product line and secure a place in the competitive personal care industry.

NOHBO Shark Tank Update

After appearing on Shark Tank, Nohbo, a sustainable beauty, and personal care technology company, has grown significantly and made notable progress. Nohbo raised $3 million in a Series Seed funding round led by Material Impact, Safer Made, and Mark Cuban’s Radical Investments.

With this investment, Nohbo aimed to scale manufacturing to produce 15 million monthly units. The company’s innovative product, which encapsulates high-quality beauty products in a water-soluble membrane, garnered interest from investors aligned with sustainable alternatives to combat plastic waste.

Mark Cuban, one of the sharks on Shark Tank, was impressed by Nohbo’s product and invested in the company. As a result, he now serves on Nohbo’s Board of Directors, providing his expertise and network to support the company’s growth and development.

After the show, Nohbo faced formula and supply issues, prompting them to transition from shampoo balls to gel-based shampoo drops. This adaptation allowed them to overcome manufacturing challenges and ensure the timely delivery of eco-friendly personal care products.

Nohbo Shark Tank Update | Nohbo Net Worth

Nohbo’s revenue, combined with the launch of Benjamin Stern’s new brand, Sunrise Session, exceeded $8 million annually. Nohbo also partnered with over 60 companies and hotels for distribution.

Furthermore, they expanded into the European market and licensed their technology to other manufacturers, solidifying their commitment to sustainability. Nohbo experienced significant growth and success after Shark Tank. They received a $3.4 million investment, opened a new factory, obtained patents, and expanded their team.

The company aimed to make a substantial impact on reducing plastic waste and had plans to expand in hotels, conduct pilots for large groups, and continue their efforts in plastic waste reduction.

Nohbo secured significant funding, scaled manufacturing, transitioned to gel-based shampoo drops, formed partnerships, expanded into the European market, and licensed their technology to other manufacturers.

Nohbo also opened a new factory, obtained patents, and experienced substantial growth, aiming to impact reducing plastic waste positively.

Is NOHBO Still In Business?

Yes, Nohbo is still in business and pursuing its mission to combat plastic waste and provide sustainable personal care solutions. Nohbo has experienced significant growth and made several advancements since its appearance on Shark Tank.

Nohbo continues to offer its water-soluble personal care products through its website, with shipping to the US, Canada, and Mexico.

What Is the Net Worth of NOHBO?

According to our research, the net worth of Nohbo is estimated to be $8 million. The valuation of Nohbo was $400,000 after securing an investment from Mark Cuban on Shark Tank.

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