No Mo-Stache is a portable hair removal kit for the upper lip. Spas and salons use hot gooey wax to remove skin but No Mo-Stache eliminates the spa visit and possibility of burning your skin by providing cold wax strips. You simply warm up the No Mo-Stache strip in your hand and apply to the upper lip. Rub back and forth and then pull the hair off. The two entrepreneurs behind No Mo-Stache, Jennifer Paschall and Gita Vasseghi of Los Angeles, California pitched their business on Shark Tank in November 2017. They went into the Tank seeking an investment of $100,000 in exchange for 25 percent equity. They left with a deal with guest Shark Bethenny Frankel and the Queen of QVC Lori Greiner: $100k for 25 percent equity with $200k paid back in royalties ($1 per unit).
After Shark Tank, No Mo-Stache landed distribution deals with big retailers including Anthropologie, Ulta Beauty, and CVS. No Mo’s second product is No Mo-Bush which includes waxing strips for the bikini. Both products include post-wax aloe cream.
The latest No Mo product is the No Mo-Unibrow which comes with removing wax strips for the eyebrows, tiny tweezers and post-wax aloe cream. The No Mo-Unibrow box features a rainbow unicorn. New episodes of Shark Tank air Sundays at 9 pm on ABC. [27 Favorite ‘Shark Tank’ Products at Amazon — New List]