How Much is a Breathometer Net Worth?
Getting a breathometer can be a great way to help you get healthier. However, there are many things to keep in mind when you are purchasing a device. The first thing you should consider is what your budget is. You also need to consider the quality of the device. If you want a device that will last for years, you should consider investing in a high-quality product.
Charles Yim founded the company in 2012
Inventor Charles Michael Yim is best known for his appearance on ABC’s hit show Shark Tank. In the show’s fifth season, he pitched his Breathometer product to the sharks and successfully raised over two million dollars. He also secured investment from Daymond John and Robert Herjavec.
Breathometer was developed by Charles Michael Yim in 2012. It is a mobile accessory that attaches to a smartphone’s audio jack and provides breathalyzer functionality. It connects to the iPhone and Android devices and is able to measure blood alcohol content. It is FDA approved and has superior design. The company’s mission is to make health more affordable.
Breathometer launched in September 2012 and sold in both brick and mortar and online stores. After appearing on Shark Tank, it received tens of thousands of orders. The product did over $5 million in sales, but the FTC shut down the app in 2017, requiring Breathometer to refund customers.
Shark Tank appearances
Getting on “Shark Tank” is a great way to get your product or service in front of a large audience. There are some things to be aware of, though. For one thing, you’re not guaranteed a big boost in traffic to your site. Also, you may not get the type of investment you’re hoping for. In addition, the Sharks may not be as impressed by your business as you’d like.
Getting on “Shark Tank” has changed the lives of hundreds of entrepreneurs and hundreds of employees. Many of the best companies were founded by Shark Tank entrepreneurs, and some went on to become financially successful.
What do you get when you combine a well-crafted pitch with a little luck? What if you were to put up a dollar and you were given a dollar back? Well, that would be quite the feat, wouldn’t it? The Sharks will only invest if they’re convinced that your product or service is worth the money.
Earlier this year, Breathometer, Inc. was ordered to give customers full refunds. The Federal Trade Commission (FTC) alleged that Breathometer’s marketing claims were deceptive. They were also unable to provide accurate results. This device was also found to understate blood alcohol content (BAC) levels.
In addition to the FTC complaint, the company was required to refund all of its clients. The company was also forced to stop selling its breathalyzers to the public.
The company sold devices to consumers and businesses alike. They made over $5 million in sales in 2014. The company’s newest product, Mint, uses the same technology as the Original Breathometer, but measures hydration and dental health.
The company also made a splash on Shark Tank. Five “Sharks” invested $1 million in Breathometer. They included Kevin O’Leary, Mark Cuban, Lori Greiner, Robert Herjavec, and Daymond John. The Sharks were known for their hard bargaining tactics.
The company made millions of dollars on the sales and marketing of Breathometer. It was also one of the most popular products on the show.
Refunds to customers
Whether you have purchased a Breathometer or Breeze, you are entitled to a refund. Breathometer agreed to give consumers refunds for devices sold between 2013 and 2015 after the company reached a settlement with the FTC. Breathometer was unable to meet its accuracy claims and did not inform consumers that their devices regularly understated their blood alcohol content. Eventually, the FTC and Breathometer reached a settlement that required Breathometer to stop making accuracy claims and provide full refunds to consumers.
Breathometer was initially launched as an accessory for the iPhone that could detect blood-alcohol content. The device plugs into the headphone jack of the iPhone and provides a reading of the blood alcohol content. The device also requires a companion app. The company has since introduced new products, such as the Breeze, which are also marketed as smartphone breathalyzers. Those products have the same functionality as the Breathometer but have a higher price tag.