Neuro

neuroKent Yoshimura and Ryan Chen want a Shark’s help growing Neuro, their energy gum and mint company, in Shark Tank episode 1120. Neuro Gum and Mints are vegan, gluten-free, aspartame-free, sugar-free, and contain natural green tea caffeine, L-theanine, B6, and B12 vitamins. The guys met in college and became friends. They’re both into athletics: Kent was training for the Japanese Judo team while fighting Muay Thai internationally and Ryan was training with the U.S. Paralympic team.

Both men wanted an energy supplement that didn’t involve a lot of sugar or chemicals. They were into nootropic pills for various things, but they also wanted to be able to get their boost from a gum or mint. The guys blend their patent pending nootropic (cognition enhancing) caffeine + L-theanine blend with various vitamins for different nootropic results. Flavors like “Energy and Focus” or “Calm and Clarity” come in either peppermint, cinnamon, ginger chai or honey lemon.

They pre sold their first gum on IndieGoGo where they raised $20,571 back in 2015. They were kicked off Kickstarter because Kickstarter doesn’t allow energy supplements other than straight caffeine. A six pack of gum with 54 pieces in it costs $21 or $18.90 via a subscription. Since starting, they’ve sold 10 million units, which may or may not justify their $15 million valuation. They likely want a Shark to help take them over the next big hump and get to $100 million in sales. Will a Shark chew on this deal?

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Neuro Gum and Mints

Neuro Shark Tank Recap

Ken and Ryan are seeking $750,000 for 5% of their business. They’ll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and guest Shark Daniel Lubetzky that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on Neuro will be available on Shark Tank Blog once this episode airs.

Neuro Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Neuro & Kent Yoshimura and Ryan Chen as more details become available.

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