In 2013, Breathometer came up with a new idea. It was a small breathalyzer that could tell you your blood-alcohol levels. People liked it so much they asked for more money. The amount of money they wanted to go from $ 150K to almost $ 1 million!
Seven years ago, the Breathometer was introduced on a TV show. It became very successful. Now let’s look back and see what happened after that day.
Did it make a lot of money? How has the company grown since then? Let’s find out how Breathometer went from just an idea to a business worth millions of dollars.
What is a Breathometer?
The first Breathometer was built for iPhones.
Who is the Founder of Breathometer?
The founder of Breathometer is Charles Michael Yim. He is an entrepreneur and inventor who has created many different products over the years. [2]
What Happened During The Pitch?
During the pitch, Yim asked for $ 150,000 in exchange for a 10% stake in his company. The sharks were impressed with the product and decided to make an offer. They offered him $ 1 million for a 25% stake in his company.
Who Is Charles Michael Yim?
Charles Michael Yim is the founder and CEO of Breathometer. He has a degree in electrical engineering and an MBA from Stanford University. He has also held various C-Suite positions at Breeze Energy, Groupon, and AOL.
Who Invested in Breathometer?
Breathometer was eventually purchased by the conglomerate group, Viant. The following six investors contributed to the success of Breathometer: Mark Cuban, Lori Greiner, Robert Herjavec, Daymond John, Kevin O’Leary, and Jeff Foxworthy.
Competitor’s Analysis of Breathometer
Breathometer had a few competitors in the market at the time. Alcohoot was their main competitor, however, they were eventually acquired by BACtrack and are no longer in business. [3]
Breathometer Before Shark Tank
Before Shark Tank, Breathometer had secured investments from a $ 2 million seed round. They had also landed contracts with several large retail chains such as Target and Best Buy.
Breathometer On Shark Tank
On the show, Yim was able to secure a $ 1 million investment from all six sharks. This gave him the financial resources he needed to launch his product. [1]
What Happened After Shark Tank?
After Shark Tank, Breathometer was able to secure additional investments and partnerships. In 2015, the company was acquired by Viant for an undisclosed amount.
Breathometer has new owners and is growing quickly. They now have breathalysers, blood test kits, fitness trackers, and a mobile app.
The app helps people keep track of their drinking. Breathometer is now one of the top companies for health and wellness technology.
Overall, Breathometer has been an incredible success story. From its humble beginnings on Shark Tank to its acquisition by Viant, it’s clear that Charles Yim has created a company worth millions of dollars.
The success of Breathometer shows how important it is to have a great idea, financial resources, and the right team. With these three things, anything is possible.
Is the Breathometer Still on Business?
FAQ
Why was the Breathometer shut down?
The Breathometer was shut down in 2017 due to a recall of their alcohol breathalyzer devices. This was because the device’s accuracy had been compromised.
What Happened to Charles Michael Yim?
Charles Michael Yim is still CEO of Breathometer and is now focusing on developing new products for Viant, the company that acquired Breathometer in 2015.
He is also actively involved in philanthropy, supporting a variety of causes including breast cancer research.
What Are the Benefits of Using a Breathometer?
Breathometer provides individuals with a convenient way to track their alcohol consumption and make more informed decisions about drinking habits.
It can also be used as an educational tool to educate people about the dangers of drinking and driving. Additionally, Breathometer’s fitness trackers help individuals monitor their physical activity levels.
Did the Sharks lose money on the Breathometer?
No, the Sharks did not lose any money on Breathometer. They made a great investment as the company has since been acquired for an undisclosed amount.
Who is the owner of the Breathometer?
The Breathometer is now owned by the conglomerate group, Viant. The company was acquired in 2015 for an undisclosed amount.
What happened to the Breathometer after Shark Tank?
After appearing on Shark Tank, Breathometer was able to secure additional investments and partnerships. In 2015, the company was acquired by Viant for an undisclosed amount.
The company has since been growing steadily and now offers a wide range of products that help people monitor their health and well-being.
What was the most successful product turned down on Shark Tank?
The most successful product turned down on Shark Tank was Breathometer. Charles Yim was able to secure a $ 1 million investment from all six sharks and the company has since been acquired by Viant for an undisclosed amount.
What is the best advice for pitching a business idea on Shark Tank?
The best advice for pitching a business idea on Shark Tank is to come prepared with a well-researched and thought-out business plan.
Additionally, you should be able to clearly explain the value of your product or service and make sure you have a clear vision for the future of your company.
Finally, it’s important to show enthusiasm and passion for your product or service, as that can go a long way in convincing investors.
How has the Breathometer changed since Shark Tank?
Since appearing on Shark Tank, Breathometer has expanded its product line to include a wide range of health and wellness technology.
Additionally, the company has been acquired by Viant and is now focused on developing new products for the conglomerate group.
The company is also actively involved in philanthropy, supporting a variety of causes including breast cancer research.
How can the Breathometer help people?
The Breathometer helps individuals monitor their alcohol consumption and make more informed decisions about drinking habits. The fitness trackers also help individuals stay active and monitor their physical activity levels.
Additionally, the company is actively involved in philanthropy, supporting a variety of causes including breast cancer research.
How can a Breathometer be used as an educational tool?
Breathometer can be used as an educational tool to educate people about the dangers of drinking and driving.
Additionally, it can help users learn to better understand their drinking habits, allowing them to make more informed decisions about their consumption.
Finally, the company’s philanthropic initiatives provide support for a variety of causes including breast cancer research.
Why is the Breathometer a great investment?
The Breathometer is a great investment because it provides individuals with an easy way to track their alcohol consumption and make better decisions about drinking habits. Additionally, fitness trackers help users monitor their physical activity levels.
Does the Breathometer have a mobile app?
Yes, the Breathometer does have a mobile app that allows users to monitor their drinking habits and physical activity levels. The app also provides educational resources about the risks associated with drinking and driving.
Additionally, it is integrated with the company’s philanthropic initiatives, allowing users to support causes that are important to them.
Do people still use the Breathometer?
Yes, people still use the Breathometer to track their alcohol consumption and make better decisions about their drinking habits.
Additionally, fitness trackers are popular among those who want to stay active and monitor their physical activity levels.
Finally, the company is actively involved in philanthropy, providing support for a variety of causes including breast cancer research.
Do the sharks make money from Breathometer?
Yes, the sharks do make money from Breathometer. The company was acquired by Viant for an undisclosed amount and all six of the sharks have been able to benefit financially as a result.
Additionally, Breathometer is actively involved in philanthropy and has provided the Sharks with opportunities to support causes that are important to them.
What is the Breathometer’s future outlook?
The future outlook of Breathometer is bright. The company is actively involved in research and development and has already expanded its product line to include a wide range of health and wellness technology.
Additionally, the company’s philanthropic initiatives provide support for a variety of causes including breast cancer research.
Can I use the Breathometer to track my alcohol consumption?
Yes. The device can provide users with an accurate estimate of their blood alcohol content so that they can make more informed decisions about their drinking habits.
Additionally, fitness trackers help individuals stay active and monitor their physical activity levels.
Can I use the Breathometer to track my physical activity?
Yes. The device can be used to track a variety of physical activities, including walking, running and biking.
Additionally, the fitness trackers have been designed to monitor users’ heart rates and other vital signs during exercise.
Finally, the company is actively involved in philanthropy and has supported a variety of causes including breast cancer research.
What are the benefits of using the Breathometer?
The Breathometer can help you track your drinking and exercise. It also helps people in need by giving to causes they care about. The company also provides education about the risks of drinking and driving. They are always working on new products that help people stay healthy.
Can I use a Breathometer to donate to charity?
Yes. The company is actively involved in philanthropy and has provided the Sharks with opportunities to support causes that are important to them.
Additionally, users can purchase special “breath coins” from the mobile app which will be donated directly to a variety of charities. This makes it easy for those who want to make a difference in the lives of others.
Which charities does Breathometer support?
Breathometer supports a variety of charities focused on health and wellness, including breast cancer research.
Additionally, the company has been involved in philanthropic initiatives such as providing medical care to underserved communities in Latin America and supporting disaster relief efforts.
Finally, they are actively involved in environmental protection projects that help protect natural habitats.
Which products does Breathometer now offer?
Breathometer now offers a wide range of health and wellness technology, including fitness trackers, breathalyzers, sleep monitors, hydration sensors, and more.
Additionally, the company has expanded its product line to include Bluetooth-enabled devices that allow users to monitor their vital signs from anywhere. Finally, they are actively developing new products to help people stay healthy and active.
Is Breathometer available outside of the US?
Yes. The device is currently available in both Canada and the United Kingdom, with plans to expand into other countries shortly.
Additionally, users can access their data from anywhere through the mobile app. This makes it easy for those who want to stay connected to their health and wellness no matter where they are.
Can I get support if I need help with a Breathometer?
Yes. The company provides a variety of customer service options including an online support portal, live chat, and email support.
Additionally, they have partnered with several organizations to provide additional resources for users who may need assistance with their devices or are looking for more information about the company.
What happened to the Breathometer after Shark Tank?
After being on Shark Tank, Breathometer has gotten successful. They have made 20 new products and services, worked with health-focused organizations, and given money to different causes.
They also sell their products in other countries now. People give them awards for how amazing their technology is. Breathometer still makes lots of health-tracking devices that help people stay healthy all around the world.
Are there any other resources I can use to learn more about Breathometer?
Yes. The company provides a variety of informational resources on its website, including product specifications and customer reviews.
Additionally, they regularly post updates and health tips on social media channels like Instagram, Twitter, and Facebook. Finally, users can find additional information through the mobile app or by joining the Breathometer community.
Is the Breathometer worth it?
Yes. Breathometer is a great investment for anyone who wants to stay connected to their health and wellness. The company offers a variety of products that are aimed at helping users monitor their vital signs, track fitness goals, and donate to philanthropic initiatives. Additionally, the mobile app makes it easy for people to check in on their progress from anywhere. All in all, Breathometer is a great way to get started on the path towards better health and wellness.
How often should I use Breathometer?
Most users find that using Breathometer daily is beneficial for tracking health and wellness goals.
Additionally, updating the device regularly will ensure that the data collected is accurate and up-to-date.
Finally, it’s important to remember to take breaks as needed to avoid overdoing it or becoming too reliant on the device.
How long does it take a Breathometer to charge?
Breathometer typically takes 2-3 hours to fully charge. It’s important to remember that charging time can vary depending on the device and how much battery life is left before a charge.
Additionally, users should make sure that the device is plugged into a wall outlet for optimum charging efficiency.
How often do I need to replace my Breathometer?
Breathometer devices typically require replacement after 1-2 years of use. The company recommends replacing the device every one to two years to maintain accuracy and ensure that the data being collected is up-to-date.
Additionally, the device should be replaced if it shows any signs of wear and tear or malfunction.
What other services does Breathometer offer?
In addition to their device offerings, Breathometer also provides a variety of services such as health coaching and personalized fitness plans.
The company also works with organizations to provide additional resources for those who are looking to improve their overall health and wellness.
Additionally, the company donates part of its profits to philanthropic causes around the world.
Does Breathometer offer customer service?
Yes. Breathometer provides a variety of customer support options, including an online help center, phone and email support, and a live chat feature.
The company also offers a warranty for its products, so customers can rest assured that any issues with the device will be taken care of.
Is the Breathometer secure?
Yes. Breathometer takes security and privacy seriously and implements measures such as encryption, secure data storage, and auditing to protect user information.
Additionally, the company adheres to all applicable laws and regulations when it comes to protecting customer data. Finally, users can also opt-in for two-factor authentication when logging into their account for extra security.
Useful Video: Breathometer – Beyond the Tank
Conclusion
There’s no doubt that the products and services offered by this investment-worthy company are invaluable, especially considering how accessible they have made medical diagnostic testing.
They have set a new precedent when it comes to convenient health tests and breathed some much-needed life into this industry. If you’re looking for reliable, accurate, and easily accessible health screening apparatus, then Breathometer has you covered!
Visit Breathometer’s website or use their mobile app to see their range of devices. They are really good quality and perform well.
We hope this article told you something about what Breathometer has done in the past and what it might do in the future.
References:
- https://gazettereview.com/breathometer-now-2016-theyre-shark-tank-update/
- https://insidergrowth.com/breathometer-net-worth/
- https://bizzbucket.co/breathometer-after-shark-tank-update/
