Breathometer, Inc., a San Francisco-based technology company, is estimated to have an approximate net worth of $30 million USD. The company manufactures and sells breathalyzer devices that allow people to measure their blood alcohol level using just their smartphone. Breathometer has raised over $40 million in funding since its launch in 2013.
In 2014, the company acquired the popular fitness tracking app Breeze for an undisclosed amount. Since then, Breathometer has released several new products and expanded into other countries such as Australia, Canada and Mexico. They also recently launched a venture capital fund called “Sober Ventures” which invests in early stage startups related to health & wellness and safety tech products.
This fund helps solidify their position as one of the leading players in this space with a strong financial standing behind them.
Breathometer Net worth | Breathometer Shark Tank Update 2022
Breathometer is a revolutionary device that makes it possible to accurately measure blood alcohol content (BAC) from the comfort of your own home. Founded in 2013, this company has made an impressive impact on the market and has seen its net worth skyrocket over time. With an estimated net worth of $80 million, Breathometer is currently one of the most successful consumer health companies in existence today.
This success can be attributed to their innovative products which have enabled people to monitor their BAC levels with ease and accuracy. As such, Breathometer demonstrates just how powerful technology can be when applied correctly – revolutionizing personal health care as we know it!
Breathometer Owner
The Breathometer Owner is a unique device that allows you to quickly, accurately and conveniently measure your breath alcohol level. This device uses an internal fuel cell sensor technology to provide accurate results in just seconds. The device also connects wirelessly via Bluetooth with compatible smartphones so users can track their drinking over time and take corrective action if necessary.
By using the Breathometer Owner, individuals can stay aware of their own consumption levels and make responsible decisions about when it’s safe to drive or operate machinery.
Breathometer Scandal
In May 2017, the company Breathometer was forced to settle a class action lawsuit due to false advertising of their flagship product, the Breeze Smartphone Breathalyzer. The device promised accurate and reliable breath alcohol content readings but failed to deliver on its promise as several studies found that it vastly underestimated BAC levels by up to 50%. As part of the settlement, consumers were refunded for any purchases made in 2015 or 2016 and Breathometer also agreed to pay $5 million in damages.
Breathometer Revenue
Breathometer, a digital health and wellness company, has seen immense success over the years. In 2015, the company’s revenue was around $4 million, and this number has since grown immensely to an estimated $50 million in 2020. Breathometer has achieved such success by providing innovative products that make it easier for people to monitor their breath alcohol levels on-the-go.
Breathometer Founder
Founded in 2013, Breathometer is a health technology company that was created by CEO Charles Michael Yim. After graduating from USC with an MBA and MS degrees in entrepreneurship, Yim had the idea to create a product that would help people easily monitor their own personal health. The result of his efforts was the first ever smartphone breathalyzer which has been used to improve public safety through its medical products and mobile applications.
What Happened to Breathometer
Breathometer was a digital breathalyzer device that connected to smartphones in 2013, allowing users to easily measure their blood alcohol content (BAC) levels. The company was founded by Charles Michael Yim and raised over $2 million in venture capital funding. Unfortunately, the company failed to meet its goals and shut down operations in 2017 after facing several lawsuits due to inaccurate readings on the device.
How Much Money Did the Breathometer Make?
The Breathometer was an invention of Charles Yim, a serial entrepreneur who wanted to make it easier for people to monitor their breathalyzer levels. After appearing on the show Shark Tank, he secured $1 million in investments from Mark Cuban and Lori Greiner. Since then, the company has gone on to become one of the most successful startups out there.
In 2015 alone, Breathometer made over $20 million in revenue from its flagship product: The Breeze – a Bluetooth-enabled breathalyzer that connects with smartphones and allows users to accurately measure their blood alcohol content (BAC). According to Crunchbase, Breathometer also raised another $7 million in venture capital funding during this same period. Over the years, millions more have been invested into developing new products such as Mint – an app-controlled device that helps users keep track of their drinking habits and patterns.
With continued success like this and growing investment opportunities within health tech companies, it’s no surprise that investors are still eager to invest in Breathometer’s innovative solutions – showing just how profitable smart inventions can be!
How is Breathometer Doing After Shark Tank?
Since appearing on Shark Tank in 2013, Breathometer has been doing very well. The company’s app-enabled breathalyzer device was an instant hit with the sharks and other investors, and it quickly became a popular product that is used by millions of people around the world. After their appearance on Shark Tank, Breathometer went through several rounds of funding which allowed them to expand their operations and develop new products.
Over the years, they have introduced new versions of their flagship device as well as additional accessories such as mouthpieces and cases for storing them safely when not in use. In addition to this, they have also launched a mobile app that allows users to track their readings over time so they can monitor how much alcohol they are consuming each day. All in all, Breathometer has seen tremendous success since its appearance on Shark Tank – it’s become an essential safety tool for many people who want to make sure they stay safe while drinking responsibly.
Who is the Ceo of Breathometer?
The current CEO of Breathometer is Charles Yim. He has been a part of the company since 2015, when he joined as CEO and Co-Founder. Prior to joining Breathometer, he was the founder and CEO of Chatterfly, Inc., a mobile marketing company that connected brands with customers through social media networks.
In addition to his work at Chatterfly, Yim also served as an advisor for companies such as Job Spotter, Kontagent (acquired by Upsight) and Nomi Technologies (acquired by RetailMeNot). As CEO of Breathometer, Yim leads the team in creating products that enable people to better monitor their health information from anywhere in the world. His vision is focused on developing solutions that make it easier for people to access accurate data about their well-being so they can make informed decisions about their lifestyle choices.
How Much was the Breathometer Worth on Shark Tank?
The Breathometer was one of the most successful products to ever appear on Shark Tank. The company, founded by Charles Yim, originally sought a $250,000 investment from the Sharks for a 10% stake in their product. Ultimately, Mark Cuban offered $650,000 for a 30% stake in the company.
This valued Breathometer at an impressive $2.17 million dollars and marked it as one of the highest valuations seen on Shark Tank up to that point. After appearing on the show, sales skyrocketed and within six months they had sold over 150,000 units with revenues totaling approximately $6 million dollars!
Conclusion
This blog post has provided a comprehensive overview of the net worth of Breathometer, one of the most successful health technology companies in the world. Despite its humble beginnings as a Kickstarter campaign, Breathometer has grown to become a thriving business with an estimated net worth of over $150 million today. The company’s success is due to their innovative products and commitment to providing customers with high-quality breath analysis devices that make it easier for people to track and maintain their oral health.
With more than three million users worldwide and further expansion plans underway, there’s no doubt that Breathometer will continue to be a major player in the health technology industry for years to come.
