The company’s founder got his start on Shark Tank. Despite the lack of sales, the nasal screen has received a strong demand in 39 countries. This required the company pay a ten per cent royalty for six years. His company has received attention from numerous media outlets, including “Shark Tank.” According to reports, the Sharks signed an $8 million purchase order with him. Moore’s company has received investments of $500k and has been endorsed Hollywood actors. Although the company is based in San Francisco, California (the headquarters), it is now available in more than 50 countries. First Defense Nasal Screens has more than 20,000 employees in 50 countries today and is one of the fastest-growing startups in the world. FDNS was not featured on Shark Tank, but the product has grown in popularity and the company is now valued at over $50 million. While Joe Dawson has built an empire from his venture, his net worth will increase over time. Moore plans to continue his work with First Defense Nasal Screens to grow its net worth to $50 million in a year. Today, First Defense Nasal Screens are distributed to over 30 countries and are protected by two patents. However, he turned down the offer and instead sought a modest loan from the Sharks. Moore’s entrepreneurial vision landed him a place on the popular television show Shark Tank, where he was offered $750,000 for a 30% stake in the company and a 10-year royalty. With this growth and continued focus on reducing air pollution, First Defense Nasal Screens net worth is projected to increase to $50 million by 2021.
First Defense Nasal Screens have since expanded across 50 countries and announced a distribution deal with an Indian company.
The company was a hit on Shark Tank and was one of the most profitable ventures to emerge. Joe Moore, founder of First Defense Nasal Screens has a net worth $5 million.
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