5 Test Kit Business Success Stories [2024]

Updated: November 19th, 2023
Start A Test Kit Business

Here are some real life success stories of starting a test kit business:

1. SelfDecode ($2.4M/year)

After suffering from various health issues, Joe Cohen became determined to find solutions. He started selfhacked.com as a personal blog and eventually partnered with scientists and researchers to create SelfDecode, a platform that utilizes AI and machine learning to provide personalized health recommendations based on DNA and lab tests. Through organic growth and a dedicated following, SelfDecode has generated over $2 million in revenue and recently raised $8 million in a crowdfunding campaign.

How much they make: $2.4M/year
How much did it cost to start: $500K
Current team size: 80

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I Created A $2.7M/Year Software That Extends People's Lives By Analyzing Their DNA

Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.

About
Joe started SelfDecode almost 7 years ago
Revenue
Joe grew the business to $200K/month
Costs
It cost Joe $500000 to start the business
Read by 5,469 founders

2. EverlyWell

Home health testing has never been easier. Order at-home tests directly to your door and get your results online within days.

So... can you actually make money with a test kit business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. SelfDecode

How much they make: $2.4M/year
Where they're located: Miami, FL, USA
How much did it cost to start: $500K
Current team size: 80
Website traffic: 750K/month

I Created A $2.7M/Year Software That Extends People's Lives By Analyzing Their DNA

Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.

About
Joe started SelfDecode almost 7 years ago
Revenue
Joe grew the business to $200K/month
Costs
It cost Joe $500000 to start the business
Read by 5,469 founders