Psi Bands Shark Tank Update – Shark Tank Season 4
Romy Taormina walked in with her fashionable Psi Bands, which offered a solution to nausea relief without the use of any drugs.
“Mompreneur” Romy Taormina pitched her product, Psi Bands, on Shark Tank in Season 4 Episode 18. Her product offered a fashionable twist on a tried and tested solution to nausea and motion sickness.
Check out more Shark Tank Season 4 Episodes.
About Psi Bands
| Category | Details |
|---|---|
| Business Name | Psi Bands |
| Founder | Romy Taormina |
| Industry | Health & Wellness |
| Product | Fashionable acupressure wristbands for nausea relief |
| Deal Status | No Deal |
| Investment Asked | $250,000 for 10% equity |
| Valuation | $2.5 million (at the time of Shark Tank pitch) |
Acupressure wrist bands applied pressure at a point on the wrist, just below the thumb, to relieve nausea without drugs.
Acupressure wrist bands had been around for quite a while; Psi Bands packaged the concept into something resembling a wristwatch band.
Other acupressure wristbands on the market looked like tennis wristbands; they didn’t look good, and they weren’t waterproof.
Boaters had been using acupressure wristbands for years to combat seasickness, and Romy wanted to sell to the boating crowd. They were also marketing to moms with morning sickness and chemotherapy patients.
Psi Bands (pronounced Sigh Bands) were available at REI, Whole Foods, pharmacy chains, and online and cost about $15.
Psi Bands Shark Tank Recap
Romy came into the Shark Tank asking for $250K for a 10% share in the business.
Romy explained there were medical studies that proved the effectiveness of acupressure wrist bands (they had been around for many years, Psi Bands were just a new spin on an old idea).
She revealed she had over $1 million in sales for the year (she said in an interview she was rolling out in 7,500–8,000 additional retail outlets in 2013).
Lastly, Romy also mentioned that she had $600K in debt, some of which was calculated to account for back salaries.
Did Psi Bands Get a Deal on Shark Tank?
Barbara didn’t like the idea of company debt financing back salaries, so she was out. Mark was leery about the medical research, so he was out too.
Robert didn’t like the idea of cancer claims (Psi Bands helped relieve nausea associated with chemotherapy), so he was next to opt out.
Daymond said he didn’t trust Romy, so he was out. Mr. Wonderful offered $250K for 40% of the company. That was a figure Romy couldn’t accept, so she declined the offer, and Kevin delivered his famous “you’re dead to me” line; he was out.
What Made Psi Bands Unique?
Psi Bands provide a scientifically proven, drug-free relief from nausea. They are also stylish, comfortable, and adjustable.
Psi Bands Shark Tank Update
Despite the Sharks’ concerns about medical claims, the company continued to grow and gain market share.
Having gained FDA “clearance,” they were selling briskly through Amazon and other retailers. The FDA’s clearance meant that the creator had to prove that her product was “substantially equivalent to a device that was already legally marketed for the same use.”
With nausea being a very real problem for millions of people, this became a popular solution.
Even though the Sharks refused a bite of the company, it seemed that Psi Bands had found success. She had products on the shelves at Walgreens, Target, CVS, REI, and Amazon.
As of July 2025, the company was still in business and earned $3–5 million annually. The estimated net worth of Psi Bands is around $5 million.
Posts about Psi Bands on Shark Tank Blog
Find more about Acupressure Wrist Bands as seen on Shark Tank.
Where Can You Buy It?
Psi Bands are up for grabs at various retail store chains across the US.
Alternatively, you can also get them on Amazon and on their official website. They also have a Twitter (X) account that has not been updated for a while in comparison to their Facebook, which is relatively active.
Quick Summary
- Romy Taormina pitched Psi Bands, stylish acupressure wristbands designed to relieve nausea, seeking $250,000 for 10% equity.
- Despite $1 million in annual sales, the Sharks decline to invest due to concerns about debt and medical claims.
- Psi Bands continues to thrive, now generating $3 million annually with products available at major retailers like Walgreens, Target, and Amazon.
Psi Bands did not need a Shark to win their battles, but what about other products that appeared with it? Check out their business updates!
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