DNA Simple, DNA kits for research studies that pay consumers $50, was started by Olivier Noel in 2015. As of November 2023, DNA Simple net worth is $1.3 million. And they’re pulling in a whopping $5 million in annual revenue.
In November 2017, they appeared on season 9 of Shark Tank USA. And made a deal with Mark Cuban, for $200,000 for 15% of equity. The final valuation was $ 1.3 million, down from the founder’s initial estimate of $800,000.
DNASimple is still in business. The company has raised over $5 million in funding and has matched over 500 spit donors to research studies. To buy their DNA kits visit their official website.
DNA Simple Net Worth
| Net worth | $1.3 million (2023) |
| Annual Sales Revenue | $5 million (2023) |
| Profits | Not Publicly Available |
| Lifetime sales | Not Publicly Available |
| Investor | $100,000 for 12.5% equity |
| Founder | $200,000 for 15% equity |
| Employees | Not Publicly Available |
DNA Simple Net Worth Timeline
| Net Worth 2023 | $1.3 million |
| Net Worth 2022 | $1.3 million |
| Net worth valuation 2017 after appearing on Shark Tank | $800,000 |
| Net worth valuation 2017 before appearing on Shark Tank | $1.3 million |
DNA Simple Pitch on Shark Tank
| Company name | DNA Simple |
| Product | DNA kits for research studies that pay consumers $50 |
| Episode | Season 09 Episode 10 |
| Founder | Olivier Noel |
| Asked for | $100,000 for 12.5% equity |
| Final deal | $200,000 for 15% equity |
| Shark | Mark Cuban |
| Location | USA |
Don’t miss these product from Season 09
DNA Simple Founder
DNA Simple was founded by Olivier Noel in 2015. He is a medical doctor and a PhD in molecular biology, with over 15 years of experience in genetics and genomics research. DNA Simple’s founder, Olivier Noel, has a net worth of $1.3 million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2017 | Appeared on Shark Tank season 09 and Mark Cuban invested $200,000 for 15% equity |
| 2019 | Expanded to international markets |
| 2020 | Launched new DNA testing products |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for DNA Simple and its continued success.