Basepaws Shark Tank Net Worth 2023

In June 2022, Anna’s firm, Basepaws, was acquired by Zoetis Inc. for over $50 million. Despite her request of $250,000 for 5% equity being downgraded to 10%, the firm was still valued at 2.5 million.

In its commitment to expansion, the company is planning on launching a new direct-to-consumer (D2C) product specifically for dogs next year.

With further investments and substantial progress in their development plans, Anna’s equity stake may bring her more wealth than initially anticipated.

What is BasePaws?

BasePaws is a company that provides DNA testing services for cats, which helps pet owners gain further insights into their cat’s breed, health, and behaviors.

Basepaws at the Shark Tank

Anna Skaya, a serial entrepreneur of the company, presented her idea during the tenth season of Shark Tank. In exchange for a 5% stake, she was seeking a $250,000 investment. Robert Herjavec and Kevin O’Leary offered her $125,000 for a 5% share.

To use the BasePaws kit, cat owners must swab their cat’s fur and send it to the BasePaws lab in Los Angeles for $99. After submitting the sample, the owner will receive a report that provides a genetic and breed analysis of their cat.

This report includes in-depth information on the cat’s breed, traits, health, and potential hereditary diseases based on genetic markers.

The company’s mission is to enhance the lives of cats everywhere and help strengthen the bond between humans and their feline companions by giving pet owners insight into their cat’s unique background.

Basepaws after the Shark Tank

With the support of Kevin O’Leary and Robert Herjavec, Basepaws has experienced continued growth. They are expanding their research and testing capabilities, which will provide valuable insights into various feline health concerns.

Basepaws has also developed a PCR-based COVID-19 test for cats, which was introduced in November 2020. Anna Skaya, the founder and CEO of Basepaws, appeared on the 2021 season premiere of ABC’s Shark Tank to update the audience on the company’s progress since her initial appearance on the show in 2019.

Thanks to their partnership with the sharks, Basepaws has grown tenfold and is widely considered one of the most successful collaborations in Shark Tank’s history. Anna Skaya recently attended a meeting in Miami with senior executives from Amazon Launchpad and Facebook, which included Kevin O’Leary.

Additionally, Basepaws was featured on the web series “Increase My Business,” produced by fashion designer Tan France in 2020. The show aims to help entrepreneurs improve their businesses’ profiles on Facebook.

What is BasePaws Net Worth?

And although Anna requested for $250,000 for 5% and received $250,000 for 10%, her firm is still valued at 2.5 million.

Basepaws Shark Tank Updates

Basepaws is a cat DNA testing service that appeared on Shark Tank during season 10, episode 21 in April 2019[1][2]. The founder, Anna Skaya, managed to secure a deal with Kevin O’Leary and Robert Herjavec for $250,000 in exchange for 10% equity.

After Shark Tank, Basepaws continued to operate and generate more than $1 million per year in revenue.

In December 2021, Basepaws made its third appearance on Shark Tank to discuss its rapid growth and plans for the future. The company was acquired by Zoetis for over $50 million.

During the update, founder and CEO Anna Skaya highlighted 2022 as a milestone year for Basepaws and shared plans for growth in 2023. Kevin O’Leary also recently named the Basepaws Cat DNA Test as his all-time favorite Shark Tank product.

Overall, Basepaws has continued to operate and grow since its appearance on Shark Tank. The company was acquired by Zoetis and has plans for further growth in the future.

Table: Basepaws Shark Tank

TOPIC	SUMMARY
Company	Basepaws is a DNA testing service for cats that provides insights into a cat’s breed, health, and behaviors.
Shark Tank	Basepaws appeared on Shark Tank during Season 10, where founder Anna Skaya secured a $250,000 investment from Kevin O’Leary and Robert Herjavec for 10% equity.
Post-Shark Tank	Basepaws has continued to operate and generate revenue. It has expanded its research and testing capabilities and has developed a PCR-based COVID-19 test for cats. The company was acquired by Zoetis Inc. for over $50 million in June 2022.
Net Worth	Despite Anna’s request for $250,000 for 5% equity being downgraded to 10%, Basepaws was valued at $2.5 million.
Future Plans	Basepaws plans to launch a new direct-to-consumer product for dogs in 2023 and has plans for further growth in the future.

BasePaws FAQS

What Is Basepaws Shark Tank?

Basepaws is a DNA testing service for cats that was pitched on Shark Tank by Anna Skaya in Season 10 Episode 21. The company’s mission is to make the world better for cats and their humans.

For $95, a cat owner can get a complete genetic report that gives information about their cat’s breed(s) and genetic traits that impact their health.

The way Basepaws operates is that customers receive a kit in the mail that allows them to easily receive a DNA sample from their cat. Once the sample is received by Basepaws and sent into the lab, a detailed report is printed and sent to the customer.

During the Shark Tank pitch, Kevin O’Leary was the first shark to make an offer to Basepaws. He offered $250,000 for 8.3% equity and wanted an additional 1.7% in advisory shares. Robert Herjavec also made an identical offer to Anna and her company.

Lori Greiner decided to drop out because she thought that the company hadn’t generated enough sales to justify an investment, while Daymond John and Mark Cuban also dropped out for similar reasons.

Basepaws has made three appearances on Shark Tank, which is a rarity for most brands. The company returned to Shark Tank on December 2, 2022, and founder and CEO Anna Skaya highlighted 2022 as a milestone year for Basepaws and shared plans for growth in 2023.

Kevin O’Leary has also recently remarked on the Basepaws Cat DNA Test as his all-time favorite Shark Tank product.

How Does Basepaws Shark Tank Works?

Basepaws is a cat DNA testing service that appeared on Shark Tank in 2019. The company was founded in 2016 by Anna Skaya, a serial entrepreneur who worked at four start-up companies before launching Basepaws.

The idea behind cat DNA testing is to help cat owners determine genetic traits that impact their health. For $95, a cat owner can get a complete genetic report that gives information about their cat’s breed(s) and health.

Basepaws has made multiple appearances on Shark Tank, including in 2021 and 2022. During the 2021 appearance, Anna Skaya returned to give viewers an update on Basepaws’ growth and progress since first appearing on the show in 2019.

In 2022, Basepaws was featured on the “Where Are They Now” segment of Shark Tan. Basepaws has also received investment from Kevin O’Leary and Robert Herjavec.

Basepaws has been successful in the cat DNA testing market, with Zoetis acquiring the company in 2022. During the 2022 Shark Tank appearance, Anna Skaya highlighted 2022 as a milestone year for Basepaws and shared plans for growth in 2023.

What Is The Current Valuation Of Basepaws Shark Tank?

Basepaws is a company that offers at-home cat genetics test. The company appeared on Shark Tank in season 10 and made a deal with Kevin O’Leary for a $2.5 million valuation. However, in a more recent update, it was reported that Kevin O’Leary made a $50 million deal with Basepaws.

The exact current valuation of Basepaws is not clear from the search results, but it is known that the company has experienced significant growth and has caught the attention of investors like Kevin O’Leary and Zoetis.

What Happened To Basepaws Shark Tank?

Basepaws, a cat DNA testing service, appeared on Shark Tank during season 10, episode 21, which aired in April 2019. The founder, Anna Skaya, managed to get a deal with Kevin O’Leary and Robert Herjavec, who invested $250,000 for 10% equity.

After the show, Basepaws continued to operate and generate more than $1 million per year in revenue. In June 2022, Basepaws was acquired by Zoetis Inc. for over $50 million.

Basepaws returned to Shark Tank for a third appearance on December 2, 2022. During the show, founder and CEO Anna Skaya highlighted 2022 as a milestone year for Basepaws and shared plans for growth in 2023. Zoetis plans to launch a new direct-to-consumer dog product next year.

Kevin O’Leary has also recently praised the Basepaws Cat DNA Test as his all-time favorite Shark Tank product.

What is BasePaws?

Basepaws is essentially a DNA kit for your cat that you can use at home. You remove a piece of your cat’s fur and send it out for testing.

A comprehensive study on your cat’s genetic makeup, including breed information and illness risk, cost $95 at the time.

What does Basepaws deal with?

Basepaws is now a well-known cat health firm, having done significant research in feline cancer and feline diabetes, upgrading our DNA test to incorporate both breed and genetic health markers, and just launching its second product, the Cat Dental Health test.

Who is the founder of BasePaws?

Anna Skaya is the company’s founder and serial entrepreneur.

BasePaws is a firm that offers DNA testing for cats in order to provide pet owners with additional information about their cat’s breed, health, and behaviors.

She submitted her idea on Season 10 of Shark Tank.

Anna stepped into the Tank looking for a $250,000 investment in return for 5% equity. She received an offer of $125,000 for 5% from Robert Herjavec and Kevin O’Leary.

Where is the company based?

Based in Los Angeles Basepaws is a pet genetics firm that pioneered the first consumer genetics test for cats.

Basepaws’ database continues to give fresh and essential information about genetic correlations and cat-specific disorders when new data from each CatKit is finished.

What is the current price of Basepaws?

Basepaws is fairly sold at $129.00 on Chewy at the time of writing this review. Normally, the full retail price is $149.00.

Although this is a significant one-time expense, it may provide you with vital information on your cat’s breed and genetic health.

Should you acquire a cat from a shelter and don’t know much about their breeding and past, this might be an excellent method to learn more about them.

It can assist you in providing tailored care to keep your cat as healthy as possible.

What was the deal?

Kevin O’Leary and Basepaws reached a partnership on Shark Tank season 10 to give cat owners with the option to discover more about their cats through the use of DNA test kits.

Investors Robert Herjavec and Kevin O’Leary eventually agreed to a combined investment, with each providing $125,000 in return for a 5% stake.

is Basepaws accurate?

Although the report you’ll receive is well-designed, attractive, and enjoyable to read, it’s not that detailed.

This is because Basepaws only tests for genetic illnesses if your cat has genetic health indicators related with certain breed conditions.

How long does it take for Basepaws to process?

After Basepaws receive the sample at their lab, they request you allow 4-6 weeks for your results/report.

Where can I get Basepaws?

You can buy Basepaws testing kits directly from the Basepaws website.

How is the Basepaws process?

1. Swab the inside of your cat’s lower cheek pouch to collect DNA.
2. Shake the swab in the tube supplied to mix the sample.
3. Place the tube in the specimen bag supplied and seal it.
4. Put the sample in the box and send it to Basepaws.

What episode of Shark Tank did Basepaws appear in?

Basepaws is a consumer DNA test for cats that may be performed at home. The female-founded firm, run by founder and CEO Anna Skaya uses a small sample of their cat’s DNA taken at home to assist owners learn about their cat’s breed, health, qualities, and behaviors.

The company was featured on ABC’s “Shark Tank” reality show, episode 1020.

Is Basepaws still in operation?

BasePaws has continued to expand since shark tank show.

The recently introduced their second product, the Cat Dental Health test, after upgrading their DNA test to incorporate both breed and genetic health markers.

The firm is still in operation as of December 2021, with yearly revenues of $1 million.

What did Basepaws’ pitch sound like?

In Shark Tank episode 1020, Anna Skaya invites the Sharks to invest in BasePaws, her cat DNA testing business.

After Basepaws’ pitch was presented to the sharks during the tenth season of Shark Tank in 2019, the notion was that the sky was the limit in terms of animal genetic research.

How can I tell if my cat is sick?

Simply swab your cat’s cheek for 5 seconds, then submit your sample to the Basepaws laboratory in the United States.

Through testing your cat for a variety of illnesses and features, you can help guarantee that your cat lives a happy and healthy life.

How can I obtain a sample?

You collect a swab of your cat’s fur, place it in the return envelope, and mail it to the BasePaws lab in Los Angeles.

What exactly is BasePaws?

BasePaws is a firm that offers DNA testing for cats in order to provide pet owners with additional information about their cat’s breed, health, and behaviors.

The provides DNA testing for cats that establish breed and give health information.

What was the deal?

She received an offer of $125,000 for 5% from Robert Herjavec and Kevin O’Leary.

What is the story behind Base Paws?

Knowing more about your cat might help him live a longer life, which is what Base Paws is all about.

How can I get DNA from my cat?

Simply swab the inside of your cat’s cheek and follow the easy instructions provided on the inside of your CatKit to simply obtain your cat’s DNA sample.

How will the samples be compared?

To better understand your cat’s breed makeup, researchers compare each sample to the world’s biggest cat DNA database.

What exactly is a Basepaws report?

A Basepaws study compares your cat’s genetic information to known breeds to provide information on its background and lineage.

When was Basepaws founded?

Anna Skaya founded Basepaws, a consumer genetics test for cats, in 2016.

What breeds are covered by the report?

These four basic groupings are further subdivided into individual breeds like as Burmese, Ragdoll, Himalayan, and Egyptian Mau.

What exactly is a DNA test?

Basepaws examines the genes associated with specific illnesses by evaluating your cat’s DNA and genetic markers.

Basepaws compares particular sections of these chromosomes to distinct breed groupings and breeds.

What are the other final results of the laboratory exercise?

Allows customers who are interested in learning about their cat’s lineage to do so.

Gives a thorough overview of over 30 genetic disorders and breed combinations. Identifies just what you require for your cat’s health, general care, and diet.

Each breed category is further subdivided into polycat, hybrid breeds, eastern breeds, and western breeds. It’s quite simple to use, and the comprehensive findings are well worth the wait.

Who purchased Basepaws Catkits shares?

Kevin O’Leary and Robert Herjavec made a combined investment of $125,000 to get a minuscule 5% ownership share in this firm.