SomniFix Shark Tank Update (2026): Did the Mark Cuban Deal Ever Close?
SomniFix Shark Tank Update (2026): Did the Mark Cuban Deal Ever Close?
Short answer: SomniFix pitched on Shark Tank Season 10 and shook hands with Mark Cuban on air for $500,000 at 20% equity — but that deal never closed. Cuban confirmed it himself in 2020, telling VICE by email that "our investment never closed." SomniFix is still in business in 2026, still founder-owned, and its mouth strips are on shelves at Target and CVS and on Amazon at about $25.99 for a 30-strip (4-week) pack.
Is SomniFix still in business in 2026?
Yes. SomniFix — the "nose breather" mouth tape brand from Shark Tank — is still operating out of Chevy Chase, Maryland, run by founder Nicholas Michalak and Dr. Andre S. Michalak. Third-party trackers put annual revenue around $3 million, and industry estimates place the company's 2026 valuation somewhere between $4 million and $5 million. Because the business is privately held, no audited figures exist; treat every net-worth number you read (including ours) as an estimate.
What happened on the Shark Tank episode
Nicholas Michalak entered the Tank in Season 10 asking for $500,000 for 10% equity — a $5 million valuation.
- Traction at the time: about $350,000 in sales in the first nine months.
- Founder investment: roughly $1.4–1.5 million of family money already in the business.
- The sticking point: the Sharks pushed hard on whether mouth strips could simply be copied. Michalak pointed to patent protection.
- The offer: Mark Cuban offered $500,000 for 20%, non-negotiable — a $2.5 million valuation. Michalak accepted on air.
Why the deal fell apart
After the episode aired, the deal went into due diligence and collapsed there. This is common on Shark Tank: the broadcast itself creates a revenue spike, and once cash flow turns strongly positive, handing over a fifth of the company looks expensive. Neither side has detailed the reasons publicly. The practical result is that the Michalak family kept 100% of the equity — and 100% of the upside from the mouth-taping trend that took off on social media years later.
What SomniFix costs and where to buy it (2026)
- 30 strips (4 weeks): about $25.99
- 90 strips (3 months): about $59.99 (list $77.97)
- 360 strips (12 months): about $229.99 (list $311.88)
- Where: somnifix.com, Amazon, Target, CVS, and third-party sleep retailers
- Guarantee: 30 nights, unused strips, product refund
Prices change; check the retailer before buying.
What mouth tape actually does — and what it doesn't
Mouth tape works on one mechanism: it seals the lips so you breathe through your nose. For people whose snoring is caused mainly by mouth breathing, that can help, and it can reduce dry mouth. It does nothing about the more common cause of snoring — the lower jaw and tongue falling back and narrowing the airway. It is also a consumable: you buy strips every month, forever.
If your nose is blocked, taping your mouth shut is the wrong starting point. And if you have diagnosed or suspected sleep apnea, mouth tape is not a treatment — see a clinician. (For a longer look at how apnea gets missed and treated, see our piece on Joe Rogan's battle with sleep apnea.)
SomniFix vs. an adjustable mouthpiece
| SomniFix mouth strips | VitalSleep mouthpiece | |
|---|---|---|
| How it works | Seals lips to force nasal breathing | Holds the lower jaw slightly forward to open the airway |
| Best for | Mouth breathers with a clear nose | Snoring caused by jaw/tongue relaxation |
| Cost pattern | ~$26/month, ongoing | One-time purchase, reusable |
| Fit | One size adhesive strip | Boil-and-bite custom fit, adjustable in small increments |
| Regulatory | Consumer sleep aid | FDA-cleared (510(k) K201719) |
| Try it | 30 nights | 60 nights to decide |
They are not mutually exclusive — some people tape and use a mouthpiece. But if the jaw is the problem, tape won't fix it.
Other Shark Tank and viral snoring products we've looked at
- Honex mouthpiece reviews
- Respyria review: snoring and congestion
- Mellow Pillow reviews
- SnoreRx vs. SnoreRx Plus
- Best snoring mouthpiece for small mouths
FAQ
Did SomniFix get a deal on Shark Tank? They accepted Mark Cuban's $500,000-for-20% offer on air, but the investment never closed after the show.
Is SomniFix still in business? Yes — still operating in 2026, still founder-owned, sold at Target, CVS, Amazon and its own site.
What is SomniFix worth today? Estimates run about $3 million in annual revenue and a $4–5 million valuation. These are third-party estimates, not disclosed financials.
Who founded SomniFix? Nicholas Michalak with Dr. Andre S. Michalak, based in Chevy Chase, Maryland.
What season was SomniFix on? Season 10.
Does mouth tape stop snoring? It can help if your snoring comes from mouth breathing. It doesn't address a collapsing airway from jaw and tongue position, which is what an adjustable mouthpiece targets.
Is mouth tape safe if I have a blocked nose or sleep apnea? No — don't seal your mouth if you can't breathe freely through your nose, and don't use tape as a substitute for apnea treatment.
Bottom line
SomniFix is a Shark Tank success story without the Shark: the televised handshake never became an investment, and the company grew anyway on the back of the mouth-taping trend. If you're a nose breather with a clear airway, strips are a cheap experiment. If you snore because your jaw drops back, a fitted, adjustable mouthpiece is the more direct fix — and you buy it once.