The company that produces memorial diamonds from cremation ashes, Eterneva, was started by AdelleArcher and Garrett Ozar. in 2016. As of August 2023, Eterneva’s net worth is $30 million. And they’re pulling in a whopping $1.1 million in revenue yearly to back it up.
In October 2019, they appeared on Season 11 of Shark Tank USA and made a deal with Mark Cuban for $600,000 for 9% of equity. The final valuation was $6.6 million, down from the founder’s initial estimate of $12 Million.
In August 2023, Eterneva is still in business. If you are willing to buy their amazing products, you can visit their website.
Eterneva Net Worth Timeline
|Net Worth 2023||$30 Million|
|Net Worth 2022||$20 Million|
|Net Worth 2021 after appearing on Shark Tank||$6.6 million|
|Net worth 2021 before appearing on Shark Tank||$12 Million|
Eterneva Pitch on Shark Tank
|Product||Memorial diamonds from cremation ashes|
|Episode||Season 11 Episode 03|
|Founders||Adelle Archer and Garrett Ozar|
|Asked for||$600,000 for 5% equity|
|Final deal||$600,000 for 9% equity|
|Location||Austin, Texas, United States|
Eterneva was founded by Adelle Archer and Garrett Ozar in 2016. Garrett Ozar is the co-founder and chief strategy officer of Eterneva. He has also worked as a sales manager for multiple major US companies, Such as American Golf Corporation, Golfnow, RockSolid, Bigcommerce, and more. Adelle Archer, the other person, is the co-founder and CEO of Eterneva. She worked in marketing and big commerce after completing her MBA from Acton School of Business. And also she worked as Head of Product Marketing at TrendKite for a few years. Eterneva’s founders, Adelle Archer and Garrett Ozar, have a net worth of $27.3 million as of 2023.
|2019||Appeared on Shark Tank Season 11, and shark Mark Cuban invested $600,000 in the startup for 9% share.|
|2020||Increased customer recognition in 14% after appearing in Shark Tank|
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 Eterneva and its continued success.