A company called Basepaws provides DNA testing for felines. The founder Anna Skaya entered Shark Tank in Season 10 Episode 21. She was looking for $250,000 in exchange for 5% of her business. Cat owners can discover their cat’s background and lineage with the aid of Basepaws. Clients can submit a DNA sample to the business. A thorough report is then sent by the business.
The genetic composition of the cat is included in this report. Anna aspired to develop her company and start testing other animals. Many questions were posed by the sharks. Will the entrepreneur get a deal on Shark Tank? Check out the Basepaw update to find out!
Basepaws Net Worth Shark Tank Update 2025
Anna Skaya asked for a $250,000 investment in exchange for 5% equity in her company. This meant she valued her company at $5 million. She made a deal with Kevin O’Leary and Robert Herjavec for $250,000 in exchange for 10% equity, valuing her company at $2.5 million. After the show aired, Basepaws saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Basepaws is about $60.5 million.
In our Basepaws update research, Basepaws kept growing after making an appearance on Shark Tank. The business was able to boost sales and now generates over $1 million annually. The business continues to sell its DNA kits for cats. Its website is updated on a regular basis. Additionally, the company has been improving its testing kits over time.
The business revealed in Shark Tank Season 14 Episode 8 that its revenue increased from $200,000 to $3.5 million. Basepaws was purchased by Zoeits in 2022 for more than $50 million. Basepaws is still in business today and is expanding.
In terms of a Basepaws update, Basepaws did indeed get a Shark Tank deal. When Anna Skaya arrived at the show, she demanded $250,000 in exchange for 5% equity. Kevin O’Leary wanted 1.7% in advisory shares and offered $250,000 for 8.3% equity.
The same offer was also made by Robert Herjavec. Anna chose to accept the same offer from both sharks. They decided to divide the deal between Kevin and Robert and agreed to $250,000 for 10% equity.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | $250,000 for 10% | $120,000 for 5% | Yes |
| Kevin O’Leary | $250,000 for 8.3% equity and 1.7% advisory shares | $120,000 for 5% | Yes |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
Basepaws Shark Tank pitch
Basepaws was founded by Anna Skaya. She was looking for a way to educate cat owners about their animals. She discovered that many DNA tests were available for dogs but not for cats. She made the decision to develop a product that would enable consumers to test the DNA of their cats. Anna founded Basepaws because of her love of technology and animals.
The product’s initial development was challenging. The team had difficulties coming up with a straightforward, user-friendly kit. They also put a lot of effort into locating a lab that could deliver precise results. Anna persisted in her progress in spite of these early setbacks. She had faith in the concept and was aware of its potential benefits for cat owners. The business expanded and prospered over time.
Anna made a clear and targeted Shark Tank pitch. She clarified that Basepaws provides a straightforward method for cat owners to discover their feline’s genetic makeup. A customer can place an online order for a kit she clarified. After that, the customer receives the kit. The customer can return the DNA sample to Basepaws after they have taken it from their cat.
Basepaws provides a comprehensive report following the lab’s analysis of the sample. The report contains details about the cat’s ancestry and genetic background. Anna also disclosed the sales numbers for the business. She clarified that the business had generated over $200,000 in sales in just ten months. Anna wanted to grow the company and the range of products she offered.
She thought that other pets could be tested for DNA. She requested $250,000 in order to help make this happen with 5% equity.
The product was the subject of numerous questions from the sharks. Kevin O’Leary enquired about the DNA test’s price. Anna explained that each test costs $25 to make and sells for just under $100. Kevin enquired about the margins as well. He was curious about the company’s earnings from each test. According to Anna, the company charged slightly less than $100 for each test.
Each test cost $25 to create. The sharks were interested in learning more about the product’s prospects. Anna expressed her desire to increase the range of products offered to them. Her goal was to provide DNA testing for pets- including horses and dogs.
The sharks enquired about the market as well. They wanted to find out if other businesses were taking a similar approach. According to Anna, there were a few other businesses that provided DNA testing for dogs but nothing comparable to Basepaws for cats. This she thought was what made her product special. She added that the market for pet DNA testing was expanding quickly. The sharks were even more intrigued by this.
Daymond Both Mark and John Cuban made the decision to leave school. They believed that the business had not yet generated enough revenue to warrant the investment. Lori Greiner also left for comparable reasons. Prior to making an investment she believed the company needed to demonstrate greater progress. But Kevin and Robert thought the business had potential. They were struck by the product’s originality and Anna’s enthusiasm.
The initial offer was made by Kevin O’Leary. In exchange for 8.3% stock and an extra 1.7% advisory share, he offered $250,000. For Anna, this was a good deal but she desired additional assistance. The same offer was later made by Robert Herjavec. With similar offers, both sharks were now in the game. Anna put a lot of effort into getting them to cooperate. She desired their collaboration in order to support her in expanding the company.
Robert and Kevin invested in the business together and decided to share the deal. The ultimate agreement was 10% stock for $250,000. For Anna and Basepaws this was a significant victory. She now had the resources and encouragement she required to develop her business and enter new markets. The deal allowed Anna to reach more customers and develop new products.
What Went With Basepaws on Shark Tank?
Basepaws had little problems when it appeared on Shark Tank. Some of the sharks thought the company was too new and this was the biggest issue. For this reason, Lori Greiner, Daymond John, and Mark Cuban left. They believed that the company’s sales were insufficient to justify the expenditure. Nonetheless, Robert Herjavec and Kevin O’Leary recognized the company’s potential.
After deciding to invest they made Anna an offer. The lack of verified sales was the sharks’ biggest worry. Still, the company was just getting started. The company’s potential for growth and success was recognized by the sharks who invested in it despite this. They chose to take a chance and assist Anna in growing her company.
Product Availability
Basepaws provides a kit for cat DNA testing. It is simple to utilize the kit. The purchaser receives it with detailed instructions on how to obtain a DNA sample from the cat. The sample is sent back to Basepaws for analysis after it has been collected. A thorough report on the health and ancestry of the cat is then returned by the company.
The report contains details about the breed, genetic composition, and health hazards of the cat. Other pet DNA testing is now part of Basepaws’ extended product line. Additionally, in order to provide more information and facilitate consumer ordering, the company has revamped its website.
The business frequently adds new features and goods to its website. It is possible to buy Basepaws online. Direct orders for the DNA test kit can be placed by clients via the business’ website. The product can also be found on other websites such as Amazon.
Conclusion
Basepaws is a cutting-edge business that provides cat DNA testing. The business has expanded and is still making over $1 million in revenue since it was featured on Shark Tank. Later Zoeits paid over $50 million to acquire the business. Together, Anna Skaya and her team have built a profitable company with a solid product and devoted clientele.
They keep improving their products and breaking into new markets. As Basepaws keeps expanding and innovating, the company’s future appears bright. Watch this space for additional updates on this fascinating enterprise.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
