Simple Habit, a meditation app designed to help busy professionals reduce stress and improve mental well-being, is valued at $12 million as of 2024. The app was created by Yunha Kim, a former investment banker, and launched in 2016. Yunha was inspired to create the app after experiencing the pressure and stress of her own busy work life.
It provides users with guided meditation to help them relax, improve sleep, and manage daily stress. The app’s primary audience consists of young professionals, many of whom are juggling demanding jobs and personal responsibilities.
The app offers a free version with basic features and a premium subscription that unlocks enhanced meditation content, priced between $49 and $99 annually.
Simple Habit received significant attention during its Shark Tank appearance in 2017. Yunha pitched the business on the show, seeking $600,000 for 5% equity.
However, the pitch was filled with tension when the Sharks questioned why she was raising capital despite having already raised $2.8 million in funding. Mark Cuban even labeled Yunha a “gold digger,” and the situation became increasingly heated.
Robert Herjavec and Richard Branson made an offer for $600,000 in exchange for 20% equity, but Yunha refused, as her prior investors had valued the company at $10 million.
Despite not securing a deal on Shark Tank , the publicity from the show provided a huge boost. By the end of 2017, Simple Habit had gained over 1 million downloads.
Since then, the app’s growth has continued at a remarkable pace, reaching 5 million users and adding around 80,000 new members every month. The increased visibility helped Yunha secure further funding, raising $12.8 million from high-profile investors such as New Enterprise Associates, Y Combinator, and Foundation Capital.
Today, Simple Habit is considered one of the top meditation apps, alongside industry giants like Calm, Headspace, and Insight Timer. It has been highly rated on various platforms, with Verywellmind.com recognizing it as one of the best apps for meditation.
Simple Habit’s estimated annual revenue stands at around $5 million, with a valuation of $12 million, reflecting its success in the highly competitive wellness app market.
Rebecca Yarros, an acclaimed author in the literary world, has made a remarkable name for herself through her compelling storytelling and heartwarming novels.
Known for creating emotionally resonant narratives that touch on themes of love, loss, and personal growth, she has built a dedicated fan base over the years.
Her works, such as Fourth Wing, The Last Letter, and The Things We Leave Unfinished, have not only become bestsellers but have also earned her a solid reputation as a writer capable of crafting stories that resonate deeply with her readers.
Her success as an author has allowed her to gain a prominent place in the literary community, and her books have been featured on various bestseller lists, including the New York Times. Yarros’ distinct style and ability to write with emotional depth have earned her accolades from both critics and readers alike.
This recognition has propelled her career, making her one of the leading voices in contemporary romance and fiction. With over twenty novels to her name, she has solidified her status as a successful author who continues to captivate her audience.
While Rebecca Yarros’s literary achievements are well-documented, information regarding her net worth remains somewhat limited. Estimations of her financial worth suggest that it falls within the range of $1 to $2 million.
Rebecca Yarros (Credit: Facebook)
These figures likely account for Yarros’ earnings from her book sales, publishing deals, and possibly speaking engagements or other related endeavors.
Her journey to financial success has been marked by the widespread popularity of her novels, particularly those that have become beloved by readers worldwide.
Each of her books, marked by rich characters and heartfelt moments, continues to generate sales and maintain an audience.
Yarros has also built a brand around her writing, fostering a loyal community of fans who eagerly anticipate her next release.
This strong connection with her readers has undoubtedly contributed to her financial prosperity, and as she continues to produce new works, her wealth is likely to grow.
Rebecca Yarros’s success in the literary world is also reflected in the impact she has had on her audience. Many readers have expressed how her novels have deeply impacted their lives, offering both solace and inspiration.
Through her ability to craft meaningful stories, Yarros has proven that her influence extends far beyond the realm of financial success. Her books have the power to evoke emotions and connect people, and that kind of impact is invaluable.
As for her future prospects, Rebecca Yarros seems poised to continue her journey as a best-selling author.
With a proven track record of writing emotionally compelling stories, she will likely remain a staple in the literary world for years to come.
Given the evolving nature of the book industry, where online platforms and social media allow authors to connect directly with their audiences, Yarros is in an ideal position to expand her reach even further.
While the exact figure of Rebecca Yarros’s net worth remains uncertain, her financial success is a testament to her talent, hard work, and ability to craft stories that resonate with readers around the world.
With an estimated net worth between $1 to $2 million, Yarros’s wealth is a reflection of her success as an author and the impact she has made in the literary world.
As she continues to write and amaze new audiences, her net worth will likely continue to grow, solidifying her position as one of the leading authors of her generation.
