EverlyWell

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.