Oogiebear Net Worth Shark Tank Update 2025

Babies often have trouble breathing when their noses get blocked. This can make them uncomfortable and upset. They can have trouble eating or sleeping. Current tools like nasal aspirators are not always safe or effective. Sina and Nina Farzin saw this problem and wanted to create something better. They invented Oogiebear. Oogiebear is a soft easy-to-clean tool for clearing babies’ noses and ears.

It helps babies breathe better. It also helps them sleep and eat better. Sina and Nina brought Oogiebear to Shark Tank to get an investment and grow their business. Will the entrepreneur get a deal on Shark Tank? Check out the Packback update to find out!  

Oogiebear Net Worth Shark Tank Update 2025

Nina and Sina Farzin were looking for an investment of $400k in exchange for 5% equity in the company. At the time of the episode, they valued their company at $8 million. They successfully secured a deal with Barbara and Robert for an investment of $600k 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 good boost in exposure. As per my rough estimate, the current net worth of Oogiebear in 2025 is around $6.5 million.

Shark(s) NameOffer & DemandCounter OfferAccepted?
Lori Greiner$400,000 for 12% equityN/AN/A
Robert Herjavec$400,000 for 10% equity$600,000 for 10% equityYes
Kevin O’Leary$400,000 for 10% equityN/AN/A
Barbara Corcoran$400,000 for 10% equity$600,000 for 10% equityYes
Mark Cuban$400,000 for 12% equityN/AN/A
Daymond JohnOutN/AN/A

Founders Backstory + Initial Pitch

Nina and Sina Farzin are the creators of Oogiebear. They aimed to assist infants in breathing more easily and feeling at ease. The concept for Oogiebear emerged when they observed that infants struggled with nasal congestion. Existing tools were neither safe nor gentle enough for infants. They chose to develop something gentle and impactful. Initially, they encountered difficulties such as determining how to design the tool to be soft enough for infants while remaining effective.

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They needed to determine how to produce it safely and cost-effectively. They described how their device functions when they presented Oogiebear on Shark Tank. The device features a gentle tip and a handle shaped like a bear. It is secure for infants and simple for caregivers to operate. The Farzins sought $400,000 in exchange for a 5% stake in the company.

They had previously sold more than 1 million units and generated $15 million in revenue. Their product was rapidly increasing and they aimed to grow even further.  

Queries + Sharks’ Responses and Final Deal

The sharks were intrigued by the merchandise and the company. They inquired to gain further knowledge. 

Barbara Corcoran was the initial shark to present an offer. She enjoyed the item and the narrative surrounding it. She proposed $400,000 in exchange for a 10% stake. Robert Herjavec similarly proposed an offer of $400,000 for 10% stake. 

Lori Greiner and Mark Cuban also expressed interest. They accepted Robert and Barbara’s bid but requested 12% equity. This caused the Farzins to ponder carefully regarding which proposal was most suitable for their business. 

The Farzins sought additional funds to expand their business thus they proposed $600,000 for 10% ownership. Barbara and Robert believed this was a favorable agreement. They consented to provide them with the funds they desired. Barbara additionally included a $200,000 credit line. This enhanced the appeal of their proposal even further. 

Ultimately the Farzins agreed to the arrangement with Barbara and Robert. They received $600,000 for a 10% stake and a credit line.            

What Went Wrong With Oogiebear On Shark Tank?

Not all the sharks accepted Farzin’s offer. Daymond John was the first shark to bow out. He admitted that baby products were not his area of expertise. Lori Greiner and Mark Cuban also did not accept the deal. They wanted 12% equity instead of the 10% that the Farzins were asking for. However, Barbara Corcoran and Robert Herjavec were happy to work with them and offered a deal that worked for both sides.

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Product Availability

Oogiebear is still in business today. It is available for purchase online and in stores. The Farzins expanded their retail partnerships with big retailers like Walmart and Target. Oogiebear is also sold on Amazon Nordstrom and BuyBuy Baby. It costs between $12.99 and $24.99 depending on the product. Oogiebear is still growing and selling well in many places.

What Happened to Oogiebear After Shark Tank?

Following Shark Tank Oogiebear kept expanding. The company widened its retail footprint in locations such as Walmart and Target. They began to provide new products as well. These items comprised toothbrushes for teething and balms for the nose. The company experienced robust sales following the exhibition. In 2022 they generated $5.4 million in revenue and $1 million in profit. By the year 2023, their revenue had climbed to $6.5 million. 

The Farzins utilized the funds from their Shark Tank agreement to facilitate their growth. They concentrated on placing their products in additional stores. They also focused on introducing new products to their collection. 

Currently, Oogiebear continues to be an expanding business. It assists parents in looking after their infants more effectively. The Farzins persist in offering their products through online platforms and large retail stores. 

Conclusion

Oogiebear started as a small idea to help babies breathe better. Sina and Nina Farzin pitched their product on Shark Tank. They asked for $400,000 for 5% equity. In the end, they made a deal with Barbara Corcoran and Robert Herjavec for $600,000 for 10% equity and a $200,000 line of credit. The deal helped them grow their business and expand their product line. Today Oogiebear is still in business and continues to sell well in stores like Walmart and Target.

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They have also grown to $6.5 million in sales. Oogiebear’s journey shows that with the right support and hard work a small idea can grow into a big success.