Shark Tank Pitch

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DNA Simple Shark Tank Update

2m

Services


Pitch Overview
NameDNA Simple
Main PresentersOlivier Noel
Order Shown in Episode2
Final DealOffer made from sharks

DNA Simple Shark Tank Pitch

Olivier Noel appeared on Shark Tank Season 9, Episode 10, which aired on November 11, 2017, with dna swab kit service connecting to research studies in need of participants.

DNA Simple is listed in the Services category. In plain terms, the business is described as dna swab kit service connecting to research studies in need of participants.

DNA Simple asked the Sharks for $100,000 for 12.5%, implying a valuation of about $800,000.

On the show, DNA Simple made a listed deal with Mark Cuban for $200,000 for 15%.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, up from the original $800,000 implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.


Offers

Made ByLabelSharks Part of DealSummary
SharksDealMark Cuban$200,000 for 15%
CompanyOffered$100,000 for 12.5%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

DNA Simple After Shark Tank

DNA Simple's on-air deal did not close, but the Shark Tank exposure still helped the genetics-research marketplace quickly build its sample pool. (DNA Simple Shark Tank Update

Link Preview

DNA Simple Shark Tank Update

https://www.sharktankblog.com/business/dna-simple/

).

By the end of 2017, the company had 130,000 samples in its database, already above its 100,000-sample goal. (DNA Simple Shark Tank Update

Link Preview

DNA Simple Shark Tank Update

https://www.sharktankblog.com/business/dna-simple/

).

Public updates later valued the company around $1.3 million, and its official site remained reachable as a research-participant matching platform. (DNA Simple Shark Tank Update

Link Preview

DNA Simple Shark Tank Update

https://www.sharktankblog.com/business/dna-simple/

, DNA Simple website

Link Preview

DNA Simple website

https://www.dnasimple.org

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

Link Preview

sharktankblog.com

https://www.sharktankblog.com/business/dna-simple/

, dnasimple.org

Link Preview

dnasimple.org

https://www.dnasimple.org

.


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