Bug Bite Thing Net Worth (Updated 2026).

In the heart of Florida, a small business was born out of a big idea. Bug Bite Thing, launched in 2011, was the brainchild of a local entrepreneur who, like many, was tired of the itchy, uncomfortable aftermath of bug bites. The creator, after years of personal frustration and seeing others suffer, decided to channel their ingenuity into a solution.

The journey to fame began with a simple yet innovative product: a small, plastic tool designed to extract insect venom from the skin. It was a novel approach to an age-old problem, and word quickly spread among locals. As satisfied customers shared their experiences, Bug Bite Thing started to gain traction, moving from local markets to online platforms, and eventually, into the hands of people across the country.

Bug Bite Thing’s Current Net Worth (2025)

As of 2025, Bug Bite Thing’s estimated net worth is $10 million. This figure reflects the company’s successful expansion and market penetration since its inception in 2016.

Career

Bug Bite Thing was founded by Jeffrey R. Vahle in 2016. The company’s innovative and eco-friendly insect bite relief tool quickly gained popularity, leading to its feature on the TV show “Shark Tank” in 2017. After securing a deal with investor Kevin O’Leary, the company continued to grow, expanding its product line and distribution channels.

Other Ventures

In addition to its core product, Bug Bite Thing has ventured into related markets. In 2020, the company launched a line of natural, DEET-free insect repellents. They also offer a variety of accessories, such as carrying cases and lanyards, to enhance the user experience of their primary product.

Assets

Bug Bite Thing’s primary asset is its proprietary bite relief tool, which has several patents pending. The company also owns a robust e-commerce platform and has established distribution partnerships with major retailers. Their inventory includes various SKUs, allowing them to cater to different customer needs and preferences.

Annual Income

Bug Bite Thing’s annual income has seen steady growth since its launch. In 2021, the company reported an annual revenue of $5 million, a significant increase from its 2018 figure of $1.5 million. This growth can be attributed to increased brand awareness, expanded product offerings, and strategic partnerships.

Frequently Asked Questions about  Bug Bite Thing

Frequently Asked Questions: Bug Bite Thing Net Worth

1. What is Bug Bite Thing?

Bug Bite Thing is a unique, patented tool designed to remove insect venom from the skin after a bite or sting. It’s a small, handheld device that uses a gentle suction action to extract the venom, providing relief from itching, swelling, and pain.

2. Who invented Bug Bite Thing?

Bug Bite Thing was invented by a woman named Andrea Schoen, who suffered from severe reactions to insect bites. She created the device to provide relief from her own symptoms and later developed it into a product for commercial use.

3. When was Bug Bite Thing first introduced to the market?

Bug Bite Thing was first introduced to the market in 2014, after Andrea Schoen successfully pitched it on the television show Shark Tank in 2013.

4. How does Bug Bite Thing work?

Bug Bite Thing works by using a gentle suction action to extract the insect venom from the skin. The device is placed over the bite or sting, and a gentle squeeze of the bulb creates the suction. The venom is then collected in a small chamber within the device, which can be cleaned and reused.

5. Is Bug Bite Thing safe to use?

Yes, Bug Bite Thing is safe to use. It’s designed for use on all ages, including children, and is gentle enough to use on sensitive skin. However, it should not be used on open wounds or broken skin.

6. How effective is Bug Bite Thing?

Bug Bite Thing has been shown to be effective in reducing the symptoms of insect bites and stings. In clinical studies, users reported a significant reduction in itching, swelling, and pain within minutes of using the device.

7. How much does Bug Bite Thing cost?

The cost of Bug Bite Thing varies depending on the retailer and any ongoing promotions. As of now, it typically retails for around $10-$15 for a single device.

8. What is the net worth of Bug Bite Thing?

The latest estimated net worth of Bug Bite Thing is around $10 million.

9. Is Bug Bite Thing available in stores?

Yes, Bug Bite Thing is available in many retail stores, including Walmart, CVS, and Bed Bath & Beyond. It’s also available for purchase online through the Bug Bite Thing website and other online retailers.

10. Does Bug Bite Thing come with any guarantees or warranties?

Yes, Bug Bite Thing comes with a 30-day money-back guarantee. If you’re not satisfied with the product for any reason, you can return it within 30 days for a full refund. The device also comes with a one-year warranty against defects in materials and workmanship.