Boost Oxygen on Shark Tank

Name: Boost Oxygen
Price: 10 USD
Availability: InStock

Boost Oxygen sells portable canisters of supplemental oxygen, including aromatherapy-flavored versions. It is aimed at athletes, hikers at altitude, and people looking for a quick breath of concentrated oxygen at home or on the go.

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Official website checked Nov 1, 2026.

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Typical price: about $10 (may vary)

⏱ Boost Oxygen in 30 seconds

The ask$1M for 5%Valued at $20M
In the tankDeal: $1M for 6.25%With Kevin · loan
After the showDeal closedSurvived due diligence
TodayStill in business

Boost Oxygen Shark Tank deal

Asked for: $1,000,000 for 5%
Asking valuation: $20M
Result: Deal
Final deal: $1,000,000 for 6.25%
Deal valuation: $16M
Shark: Kevin O'Leary
Structure: Loan / credit line
Founders: Rob Neuner and Mike Grice
From: -
Aired: Oct 6, 2019

Deal notes: entire $1M is a loan at 7.5% interest, plus 6.25% equity

Asked

$20M

Got

$16M

Would you have invested in Boost Oxygen?

The pitch

Rob Neuner and Mike Grice pitched Boost Oxygen in Shark Tank Season 11, Episode 2 (aired Oct 6, 2019). They asked for $1,000,000 in exchange for 5% equity, valuing the business at $20M. The entrepreneurs walked away with a deal from Kevin O'Leary: $1,000,000 for 6.25%. That put the final valuation at $16M, 20% below what they originally asked for. Part of the investment was structured as a loan or line of credit.