Do you often forget to apply sunscreen on your body? In this article, we will be talking about a product that will make you remember where you forgot to apply sunscreen. Do you know about SunscreenR? Are you excited to learn the net worth of SunscreenR? If your answer is yes, then this is the perfect article for you to read till the end. In this today’s article, we will be talking about the net worth of Sunscreenr. But before moving on to the section where we talk about its net worth, let us throw light and give you a brief introduction to the product.
Sunscreenr is been designed to protect those we love and care about. Both the founders of the product have watched their family members struggle with skin cancer. It is reportedly said that using SPF 30 sunscreen can reduce your chance of skin cancer by 80%. Sunscreenr is a special viewer that changes the way you protect yourself from the sun. Sunscreeenr detects where you have missed applying sunscreen. Dave Cohen is the founder of sunscreen, and he came on to the shark tank to seek investment for sunscreenr, a small device that detects where you have missed applying sunscreen.
The device itself works as a camera. When you point the device at someone’s skin or even at your skin, the area where the sunscreen has been applied will appear dark, and where it has not been applied, it will appear light so that the person can notice the difference and apply the sunscreen where necessary. He ran a Kickstarter campaign, which generated around $119,629. This campaign was followed by an even more successful campaign called IndieGoGo Campaign, which raised around $165,405. The ultimate product is waterproof, sand proof, lightweight, and small. He asked for $800,000 for 10% equity in his company on shark tank. Jon Meyer is the co-founder of sunscreenr.
Net Worth of Sunscreenr:
When Dave Cohen appeared on the shark tank and pitched for sunscreen, the product was evaluated to be above $8 million. Lori and Daymond tested the product, and it was evident where the sunscreen was and wasn’t. Robert then inquired about the Kickstarter campaign of Dave Cohen, and Dave informed that he raised around $93,000 in five weeks. The final deal that was locked between the founder and Kevin O’Leary was done at $800,000 for 33.33% equity in the company for the shark. The business is still running and is selling the product through a website.
Let us learn how the product works. The human eye cannot detect the areas, but this product can, and it warns the user of its product to apply sunscreen to the area where it has not been applied. The product employs a unique filter that blocks all light save the wavelength absorbed by sunscreen. So he pitched his product in the shark tank and bagged the deal with one of the sharks for the amount he asked for but with a little higher equity for the product. In this section, we have revealed the net worth of Sunscreenr
In the above section of the article, we discussed and revealed the net worth of Sunscreenr, in this section, let us throw light on more information related to the product. From the above discussions, we got to learn a lot related to the product. We why the founder Dave Cohen and Jon Meyer made such a product and the importance of sunscreen for human skin and body. How the founder pitched the product on shark tank and how he bagged the deal. We also discussed the fact and the net worth of Sunscreenr, which was the true purpose of the passage. To give readers an insight into how the business and product are doing and how the business has succeeded over the years.
To sum it up, we have discussed plenty of facts and gained about the product. The highlight of the article was to discuss the net worth of Sunscreenr, it has been revealed in the above section of the article.
