Simple Habit, A wellness and relaxation app, was started by Yunha Kim in 2016. As of September 2023, Simple Habit’s net worth is $15 Million and they’re pulling in a whopping $1.5 Million in annual revenue.
On October 1, 2017, they appeared on Season 9 of Shark Tank USA seeking $600,000 for 5% equity valuing the company at $12 Million. However, the Sharks were not interested in investing in Simple Habit. Sharks made some offers and the founder has come up with counter offers all the sharks have rejected the counter offers so she had to walk alone.
Simple Habit company is still in business. And their products are available on the website.
Simple Habit Net Worth
|Net worth||$15 Million (2023)|
|Annual Sales Revenue||$1.5 Million|
Simple Habit Net Worth Timeline
|Net Worth 2023||$15 Million|
|Net Worth 2022||$12 Million|
|Net Worth 2021||$10 Million|
|Net Worth 2020||$8 Million|
|Net worth valuation in 2017 after appearing on Shark Tank||$12 Million|
|Net worth valuation in 2017 before appearing on Shark Tank||$12 Million|
Simple Habit Pitch on Shark Tank
|Company name||Simple Habit|
|Product||A wellness and relaxation app|
|Episode||Season 09 Episode 01|
|Asked for||$600,000 for 5% equity|
|Final deal||No deal|
|Location||San Francisco, CA|
Don’t miss these products from Season 9
Simple Habit Founder
Simple Habit was founded by Yunha Kim in 2016. Yunha Kim made this app to help people incorporate meditation. Yunha Kim previously founded the Locket app. She is a tech enthusiast. Simple Habit’s founder, Yunha Kim, has a net worth of USD 15 Million as of 2023.
|2023||Simple Habit app has 10 million downloads|
|2017||Simple Habit has been featured 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 of Simple Habit and its continued success.