EverlyWell

EverlyWell

EverlyWell is an at-home health testing company and digital health platform. The company was founded in June 2015 by Julia Cheek in Dallas and is located in Austin, Texas.

EverlyWell’s tests are centered on women’s health, sexual health, thyroid, metabolism, food sensitivity, men’s health and breast milk docosahexaenoic acid (DHA) testing.

History

The company was founded by Julia Taylor Cheek in 2015. In 2016, the company headquarters moved to Austin. In November, 2017, the founder and CEO of EverlyWell had appeared on the ABC reality show Shark Tank. Lori Greiner offered the company a $1 million line of credit at 8% interest rate for a 5% equity stake which made it the largest deal for a female entrepreneur on Shark Tank.

EverlyWell partnered with Helix, a personal genomics company to launch three DNA-based products which personalized information about food sensitivity, metabolism and breast milk DHA.

Product

The company offers more than 30 at-home testing kits that consist of sample collecting done by the consumer, pre-paid return shipping, and medical professional-reviewed results. The results are sent to the consumer's device on a secure results platform within days.

COVID-19

In early 2020, the company released an at-home test for the COVID-19 pandemic. Consumers must first complete an online pre-screening questionnaire regarding symptoms and then can purchase a testing kit for $135. The kit contains tools for sample collection and pre-paid return shipping components. As with its other testing products, consumers receive the results of their tests via its digital platform. If a consumer should test positive for COVID-19, they can access a telehealth consult and the company reports the results to all mandated agencies.

Funding

EverlyWell raised $2.5 million in their angel and seed round. They raised $2 million in a round led by Next Gen Venture Partners with Jack Novak, SoGal Ventures, Full Tilt Capital.

Timeline

February 2019

$50m Series A

The round was led by Goodwater Capital and Highland Capital Partners.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
EverlyWell funding round, April 2019
50,000,000
April 2019
2 Results
Results per page:
Page 1 of 1

People

Name
Role
LinkedIn

Joshua Stanley

CFO

Julia Taylor Cheek

CEO and Founder

Further reading

Title
Author
Link
Type
Date

Everlywell announces Monday launch of solution to get tested and diagnosed for COVID-19 from home

Everlywell

Web

March 18, 2020

EverlyWell brings lab tests home, personalized health data online

Lora Kolodny

Web

September 12, 2016

Why global regulators are divided over new coronavirus tests

Amrita Khalid

Web

March 25, 2020

Documentaries, videos and podcasts

Title
Date
Link

Run Your Own Lab Tests with EverlyWell at Disrupt SF Startup Battlefield

September 12, 2016

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Melody Petersen
November 18, 2020
Los Angeles Times
The growing popularity of at-home lab tests sold by tech start-ups has raised concerns as physicians are removed from patient decisions. The Trump administration is limiting what the FDA can do to keep consumers safe, experts say.
Tina Reed
September 10, 2020
FierceHealthcare
Everlywell is bringing on a well established digital health exec as its first president amid what it calls a "period of explosive growth" for the at-home health testing startup.
Mary Ann Azevedo
May 18, 2020
Crunchbase News
The test represents the first standalone at-home sample collection kit that can be used with certain authorized tests, according to the FDA
Conor Hale
May 17, 2020
FierceBiotech
The FDA authorized a new at-home collection kit that allows people to take their own nasal swab samples and then mail them overnight to a laboratory to be tested with different authorized coronavirus diagnostics.
lalorek
May 17, 2020
SiliconHills
Everlywell received authorization from the U.S. Food and Drug Administration for its COVID-19 Test Home Collection Kit. The FDA sent out a news release Saturday reporting that Austin-based Everlywell's home collection kit is currently the only authorized COVID-19 diagnostic testing kit the FDA has approved. The government regulator issued an emergency use authorization (EUA) to ...
Darrell Etherington
March 19, 2020
TechCrunch
The state of testing for the novel coronavirus currently spreading globally in the U.S. is abysmal, relative to other developed countries, but there are a number of efforts underway to help improve availability. One company doing their part is at-home lab testing startup Everlywell, which has been offering a number of in-home self collection kits [...]

References

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