Paris Wallace

Paris Wallace (born 1981) is an American entrepreneur and CEO. He grew up in Section 8 housing in the Bay Area of California.
As a graduate of Harvard Business School in Boston, Massachusetts, he is known for co-founding Good Start Genetics, a molecular diagnostics company, and Ovia Health, a femtech company. Wallace is the CEO of the National Cycling League (NCL), the first professional cycling league in the United States. Wallace has lectured on entrepreneurship at American universities.
Early life
Wallace grew up in Section 8 housing in the Bay Area of California, where he was raised by a disabled, single mother.
At age 16, Wallace started his first business, an internet retail website with a childhood friend in San Anselmo, California. The website sold bike messenger bags online. While he attended Harvard Business School, he received a fellowship in social entrepreneurship.
Career
Good Start Genetics
Wallace began Good Start Genetics during his last year at Harvard Business School. In 2010, Good Start Genetics raised an $18 million Series A round of funding with OrbiMed Advisors, Safeguard Scientifics, and SV Life Sciences. Good Start Genetics was acquired by Invitae in 2017 through approximately 1.65 million shares of common stock.
Ovia Health
Wallace is also the co-founder of Ovia Health, which was known as Ovuline until 2016. A women's health and technology company, Ovia Health makes apps for fertility tracking, pregnancy stages and parenting advice with its apps Ovia Fertility, Ovia Pregnancy, and Ovia Parenting.
The company Ovia Health began as FeminineMe in 2010 and was renamed to Ovuline. The idea came from Alex Baron and Vasile Tofan, students at the Harvard Business School. By 2012, they launched a beta version of the web app called Smart Fertility. The pair recruited Wallace to become the company's CEO.
By 2015, the company produced over $1 million in advertising sales and appeared in headlines for its partnerships with companies such as MyFitness Pal and Blue Cross Blue Shield of Massachusetts.
In 2016, Ovuline was renamed Ovia Health and raised $10 million in a round funded by Martin Ventures and Zaffre Investments. Ovia Health was acquired by Lapcorp in 2021. The details were not disclosed, but Ovia had an estimated $20 million in annual revenue at the time of purchase.
During his time at Ovia Health, Wallace did not require employees to have a degree to work for the company in an effort to diversify talent.
The National Cycling League, Inc. (NCL)
In 2022, Wallace co-founded the National Cycling League (NCL), where Wallace serves as CEO. The NCL claims to be the first pro sports league in the country that is majority-minority and female owned.
Other projects
Early in his career, Wallace worked in the asset management division at Goldman Sachs and also worked as a consultant for A.T. Kearney.
Wallace was named to the Boston “40 under 40” list in 2017.
 
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