Nampons Shark Tank Update — Shark Tank Season 17
A hospital-grade, mess-free solution for nosebleeds that impressed the Sharks with its simplicity, safety, and everyday usability.
Joshua Lippiner stormed the stage of “Shark Tank Season 17 Episode 8,” pitching his brand, Nampons. It is a revolutionary product developed to treat instant nosebleeds with convenience and less mess.
So, the question is: whether the Sharks would make an investment in this one-of-a-kind first aid product or will they decide to pass?
About Nampons
| Category | Details |
|---|---|
| Business Name | Nampons |
| Founder | Joshua Lippiner |
| Industry | First aid |
| Product | Sterile plug for nosebleed |
| Investment Asked | $350,000 for 5% equity |
| Deal Status | Deal secured with Robert Herjavec and Michael Strahan |
| Deal Outcome | $350,000 in exchange for a 10% stake, plus a royalty of $0.10 on each piece sold until they get back the money |
| Valuation | $7 million |
Joshua Lippiner has a background in turning business ideas into successful ventures. Even before starting Nampons, he built tech platforms, travel websites, and pitched several ideas, but he constantly suffered from nosebleed issues.
Like Joshua, millions of people across the globe suffer from nose bleeding. So, initially, the idea struck as a joke about using tampons, but eventually Joshua commenced Nampons from his house in Charlotte, North Carolina.
Nampons are sterile plugs made of oxidized cellulose, and when you slide them inside your nostril, they expand, further accelerating the clotting. Moreover, to use a Nampon, people do not need gloves or any medical training. They just have to open and insert it and then wait until the bleeding stops.
Additionally, Nampons are different because, unlike tissues or cotton, they do not stick or make any mess. So, no head tilting is required to stop the bleeding, as you just have to put the pressure at the right place.
Let’s dive deeper into what happened on the Tank when Joshua pitched the product.
Nampons Shark Tank Pitch
Joshua Lippiner came in seeking $350,000 in exchange for a 5% stake in his brand, further valuing the company at $7 million. He presented the product to the Sharks, asking them to drop blue water on Nampons and see how it expands and absorbs.
Most of the Sharks, especially Lori Greiner, appreciated the product after watching the real experiment.
Besides that, Michael Strahan asked if they have a patent, but the founder responded that they have the IP and trademarks on the design, but no patent. However, he shared that new products are going to come soon, including Nampons Sport. It will help players to plug in and still go back in the game and breathe.
Furthermore, a 12-pack box retails for $24.99, and the six-pack, which is their bestseller, retails for $15.99. The landing cost of the six-pack box was $3.61, while the 12-pack box cost $7.86. When Robert Herjavec asked about the sales, the Sharks were shocked to hear the figure.
Launched in 2021, the brand earned a revenue of $3.4 million in 2024 and $1 million in 2023. In 2025, they are projected to earn $3.8 million by the year’s end.
Also, when Robert asked about the growth trajectory, the founder replied that Nampons made $2 million in 2024 from D2C (Direct-to-Consumer), and was on track to make $3 million in 2025.
Later, Joshua shared with Kevin O’Leary that in 2024 they made a net profit of $800,000, but in 2025 they are expected to generate $200,000. Though the financials looked strong, Kevin and other investors were skeptical about the valuation.
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What Makes Nampons Unique?
There are various reasons why Nampons are different from other alternatives to stop nose bleeding. Let’s look at some of those:
- The most distinctive quality of Nampons is that they are made of oxidised cellulose, a hospital-grade material. It is used in hospitals to stop bleeding.
- Though it is not a new innovation because the material already existed, the founder of Nampons made it more accessible. Certainly, Nampons can be kept in the first aid kits.
- Also, it stops bleeding within 10 seconds, which is very quick. The product is purposely built to fit conveniently in the nostril of a person and apply pressure.
Did Nampons Get A Deal On Shark Tank?
After listening to the numbers and looking at the innovation, the Sharks were impressed but also concerned about the competition. Michael Strahan was the first one to talk about the competition in this space. However, Joshua responded that there are some companies coming up, but they can beat them with innovation.
Kevin O’Leary, as mentioned above, was not sure about the valuation of $7 million and bluntly stated that the maximum valuation of the brand should be around $2 million. So, he decided to stay out of the deal. Similarly, Lori Greiner agreed with Kevin, and she too bowed out of the negotiations.
Later, Barbara Corcoran also backed out of the deal because she was on the same page as Kevin and Lori. Markedly, Robert Herjavec liked the narrow niche the brand is covering and offered $350K in exchange for a 25% stake. Meanwhile, Michael also showed interest in joining Robert for the same deal.
Interestingly, here comes the twist: when the founder said that he would like to go for royalty. Of course, this offer made Kevin come back to the negotiating table, and he offered $350K in exchange for 7.5% plus $0.10 royalty on each piece sold until he recoups $500K.
Robert and Michael together revised their offer to $350,000 in exchange for a 10% stake. It includes a royalty of $0.10 on each piece sold until they get back the investment amount.
Hence, Joshua secured a deal with Robert Herjavec and Michael Strahan on the same terms.
Nampons Shark Tank Update
The founder of Nampons, Joshua Lippiner, secured the deal with Robert and Michael on the Tank, and this led to more visibility and traction. As of now, Nampons is present in 1,200 Walmart stores across the United States, but they are planning to expand the distribution.
Where Can You Buy It?
You can purchase the Nampon plugs directly on Amazon, or you can also shop from their official website. Also, you can check the recent updates about the brand on their Instagram page.
Quick Summary
- Joshua Lippiner stepped on the Tank along with his brand, Nampons. It is a sterile nose plug that can be put inside the nostril to stop nose bleeding.
- The product is of medical-grade quality and can be used in first aid kits.
- Thus, the founder secured the deal with Robert Herjavec and Michael Strahan. They offered $350K for 10% equity, plus a royalty of $0.10 on every piece sold until they recoup $350,000.
