Nampons Update | Shark Tank Season 17
Josh Lippiner noticed that millions of people experience sudden nosebleeds but are left to use tissues or makeshift solutions that are messy and embarrassing.
That problem led him to create Nampons, a small nasal insert that expands quickly, absorbs blood, and helps stop bleeding rapidly, allowing users to get on with their day.
Will this simple fix be enough to impress the sharks? Let’s find out in our Nampons update and pitch recap.
If you’re short on time, here’s a quick overview of what happened to Nampons after
Josh entered
In terms of a Nampons update, after airing on
| Shark | Result |
| Michael Strahan and Robert Herjavec | Accepted offer of $350,000 for 10% equity plus a $0.10 royalty per piece sold until $350,000 is paid |
| Kevin O’Leary | $350,000 for 7.5% equity plus a $0.10 royalty per piece sold until $500,000 is paid |
| Lori Greiner | No offer |
| Barbara Corcoran | No offer |
Shark Tank Nampons Pitch
- Entrepreneur: Josh Lippiner
- Business: A trusted nosebleed solution
- Ask: $350,000 for 5% equity
- Result: $350,000 for 10% equity plus a $0.10 royalty per piece sold until $350,000 is paid
- Sharks: Michael Strahan and Robert Herjavec
Josh opened his pitch by narrating how around 60 million people in the U.S. get nosebleeds every year. It could happen at work, school, on sports fields, and in public.
But the whole is that people are never prepared, so they have to resort to using tissues or improvised solutions that are messy and embarrassing.
However, Nampons was created to replace those solutions. The product is a small nasal insert made specifically for nosebleeds. Users open it, place it in the nostril, and let it work.
The Nampon expands within seconds and absorbs up to ten times more blood than tissue, and contains a clotting agent that helps stop bleeding fast. Once the bleeding stops, it can be removed without restarting the bleed.
Josh explained how the business operates. Nampons sells physical consumer products through direct-to-consumer channels, Amazon, wholesale, and retail.
Customers can buy a six-pack or a twelve-pack. The six-pack sells for $15.99 and costs $3.61 to produce, while the twelve-pack sells for $24.99 and costs $7.86 to make.
The product is designed for first-aid kits, medicine cabinets, sports bags, and emergency use.
To show how it works, Josh ran a live demo. The sharks watched the product expand rapidly when liquid was added.
Kevin O’Leary asked if the expansion could be dangerous. Josh said over one million units have been sold with no safety issues.
Guest shark Michael Strahan asked about patents. Josh explained that the product is not patented due to prior art, but the company owns its trademarks and branding. He also introduced a future product, Nampon Sport, designed with a built-in airway so athletes can keep breathing while playing.
Robert Herjavec asked if Josh was the founder. Josh confirmed he owns the company. Lori asked about medical credentials. Josh said he is not a doctor but works with a medical advisory board that includes ENTs and hematologists.
Sales impressed the sharks. Nampons launched in 2021. The company did $1.1 million in sales, then $3.4 million the following year. This year, it is projected to reach $3.8 million. Josh explained that growth slowed because a large wholesale customer front-loaded a multi-year purchase.
However, profitability raised concerns. Last year, the company made $800,000. This year, profits are projected at $200,000 due to reinvestment in marketing and new product development.
Kevin, Lori, and Barbara all declined to invest, citing valuation concerns.
Robert took a different approach. He liked the narrow category focus and offered $350,000 for 25% equity. Michael showed interest but hesitated. Josh countered Robert with a royalty-based structure.
In the end, after negotiation, Robert and Michael agreed to invest $350,000 for 10% equity, with a $0.10 royalty per unit until their investment is repaid.
Josh accepted the deal and left the Tank. Now let’s get a Nampons update to see how Josh is doing today.
Shark Tank Nampons Update
According to our Nampons update, it is still too early to report any major progress for the company, as much of the work appears to be happening behind the scenes.
As for the deal with Michael Strahan and Robert Herjavec, there is currently no confirmed status. Based on available information, the agreement appears to be in the due diligence phase.
However, there are signs of increased attention following the episode. Shortly after airing, Nampons launched an “As Seen on
During our review of the company’s online presence, we also observed strong customer acceptance. Nampons has received over 3,500 five-star reviews on Amazon, reflecting positive feedback from users who have tried the product.
If you’re looking for a solution to early morning nosebleeds, get one for yourself via the Nampons website.
As the dust settles, we will be back with another Nampons update.
For more updates from
Before you go, be sure to check out our list of all the
Marvin Uzor
Marvin Uzor is a content contributor for Shark Tank Recap. He specializes in crafting engaging, well-researched content that delve into the latest Shark Tank stories, keeping readers hooked. He has a soft spot for his favorite Shark Tank companies, Bombas and Doorbot, known for their innovation and impact.