Every parent knows that a baby with a stuffy nose can be really tough to manage. It can make it hard for babies to sleep, eat, or breathe comfortably. Many parents have tried traditional ways to clear their baby’s nose, like using suction devices, but those can be uncomfortable for babies and tricky for parents to use.
Sina and Nina Farzin, who are parents themselves, recognized this problem and created a tool called Oogiebear. It’s designed to gently and safely help remove mucus and earwax from babies. What makes Oogiebear special is its soft design and cute bear-shaped handle that helps parents use it safely without pushing it too far into the baby’s nose.
In an episode of Shark Tank Season 14, the Farzins pitched Oogiebear to a panel of investors, seeking $400,000 for a 5% share in their business. The investors were impressed because the Farzins had sold over $15 million worth of Oogiebear products since they started in 2015, and the company was making a profit.
After a bit of negotiation, they agreed to a deal with investors Barbara Corcoran and Robert Herjavec for $600,000 in exchange for 10% equity in the company.
Oogiebear Net Worth Shark Tank Update 2025
Sina and Nina Farzin were looking for an investment of $400,000 in exchange for 5% equity in their company, Oogiebear. At the time of the episode, they valued their company at $8 million. They successfully secured a deal with Barbara Corcoran and Robert Herjavec for an investment of $600,000 for 10% equity in the company. The investment adjusted the company’s net worth to around $6 million. After the show was aired, the company experienced a significant boost in exposure, leading to increased sales and expansion into major retailers. As per my rough estimate, the current net worth of Oogiebear in 2025 is around $7.26 million.
Shark(s) name
Offer & Demand
Counteroffer
Accepted?
Robert Herjavec and Barbara
$400,000 for 10% equity
$400,000 for 6% equity
Yes
Lori Greiner
$400,000 for 12% equity
N/A
No
Kevin O’Leary
400,000 for 8% equity
N/A
No
Daymond John
Out
N/A
N/A
Mark Cuban
Out
N/A
N/A
Barbara Corcoran
Partnered with Robert
N/A
N/A
Sina and Nina Farzin Backstory + Their Initial Pitch
Sina and Nina Farzin created a product called Oogiebear because they faced a common problem: their child had a stuffy nose, and they found that existing nasal cleaning tools were often too harsh, hard to clean, or risky to use. They wanted a solution that was gentler, safer, and easier for both babies and parents.
To solve this issue, they designed the Oogiebear, which features a soft tip and a bear-shaped handle that helps prevent deep insertion into a baby’s nose. This tool is made from medical-grade silicone, meaning it’s safe and easy to clean, making it perfect for sensitive little noses and ears.
Starting their baby product brand wasn’t a walk in the park. They encountered several obstacles. It was tough to find the right materials and suppliers to create their product. They had to ensure their product met safety standards. There were many other products already available, making it hard to stand out. Despite these challenges, the Farzins started the business with just $22,000 and successfully turned it into a million-dollar brand.
When they presented their product on Shark Tank, they shared some key details. It costs between $2 to $4 to make the Oogiebear, while it sells for $12.99 to $24.99. They have sold over 1 million units, generating about $15 million in revenue since they launched in 2015. In 2022 alone, they made $5.4 million in sales, with a profit of $1 million. The Oogiebear is available for purchase at major retailers like Amazon, Walmart, Target, BuyBuy Baby, and Nordstrom.
During their pitch, they sought $400,000 in exchange for 5% of their company to help expand their distribution and develop new products.
Queries + Shark’s Responses, and Final Deal
Robert Herjavec: He asked how much of the sales come from Amazon. The entrepreneur revealed that 76% of their sales are from Amazon and expressed a desire to expand to other stores.
Robert offers $400,000 for a 10% stake in the business, which is more than what the entrepreneur was asking for.
Daymond John: Daymond likes the product but feels that baby products are not his area of expertise. He chooses to opt out of the offer.
Lori Greiner: She thinks the product is a great fit for parents. She offered $400,000 for 12% equity.
Mark’s Offer: Mark offers $400,000 for a 12% stake, which is a counteroffer aimed at gaining a larger share of the business.
Barbara Corcoran: Barbara proposes $400,000 for a 10% stake but adds a unique condition. If she doesn’t help the business reach $400 million in two years, she will return half of her equity (5%). She offers a $200,000 line of credit for further support.
Ultimately, the entrepreneurs decided to accept a joint offer from Barbara and Robert for 600,000 in exchange for 10% equity in the business. This collaboration suggests they found value in combining their resources and expertise to help the business grow.
Product Availability
Oogiebear is a product that is easy to find both on the internet and in physical stores. You can buy it online from their official website, as well as on big websites like Amazon and Walmart.com. If you prefer to shop in person, you can find Oogiebear products at popular stores like Target, BuyBuy Baby, and Nordstrom. The price for Oogiebear products ranges from about $12.99 to $24.99, depending on where you buy it.
In addition to their main products, Oogiebear has also created new items, including:
– Oogiebear Chest Rub (a balm for soothing)
– Teething Toothbrush (a toothbrush for babies who are teething)
– Bulb Aspirator (a tool to help clear stuffy noses in babies)
What Happened To The Oogiebear After Shark Tank?
Oogiebear, a company that makes products for babies, just had a successful deal with two investors, Barbara and Robert. Because of this deal, the company has been growing a lot in important ways. They started selling their products in big stores like Walmart and Target, which helped them reach more customers.
After appearing on the TV show Shark Tank, Oogiebear increased its sales to between 6 and 7 million dollars each year. They also introduced new items for baby care, expanding what they offer.
As of today, Oogiebear continues to do well and is positively impacting many parents around the world by providing helpful products.
Conclusion
Oogiebear is a product designed for parents to help take care of their babies’ noses and ears, especially when they are congested. The company, led by the Farzins, appeared on the TV show Shark Tank and impressed the Sharks, with their strong sales and the uniqueness of their product. They successfully secured a deal worth $600,000 with two of the Sharks, which allowed them to grow and reach larger stores.
Today, Oogiebear continues to thrive and is seen as an essential tool for parents dealing with stuffy noses in babies. Their story shows how a simple idea can make a big difference in people’s lives.
Hey, I’m Amna Habib, an undergraduate student pursuing a Bachelor’s in Business Administration. Shark Tank has always been one of my favorite TV shows because it offers a unique glimpse into the world of entrepreneurship. The way entrepreneurs present innovative solutions to everyday problems aligns with my academic interests and fuels my curiosity about business strategies. Each pitch showcases creativity and strategic decision-making, which I find both insightful and inspiring. Watching the show has deepened my passion for business and motivated me to explore the world of entrepreneurship even further. Beyond business and writing, I love food, shopping, and spending time with my friends and family.
