Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Felt Shark Tank Update

2m

Software Tech

Pitch Overview
NameFelt
Main PresentersTomer Alpert
Order Shown in Episode3
Final DealDeal was made on the show with sharks Kevin O'Leary for $225,000 for 10%.

Felt Shark Tank Pitch

Tomer Alpert appeared on Shark Tank Season 7, Episode 29, which aired on May 20, 2016, with send a handwritten card or note app.

Felt is listed in the Software Tech category. In plain terms, the business is described as send a handwritten card or note app.

Felt asked the Sharks for $200,000 for 6%, implying a valuation of about $3.3 million.

On the show, Felt made a listed deal with Kevin O'Leary for $225,000 for 10%.

If treated as straight equity, the listed deal works out to about $2.3 million implied valuation, down from the original $3.3 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$200,000 for 6%
SharksDealKevin O'Leary$225,000 for 10%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Felt After Shark Tank

Felt accepted an on-air Shark Tank deal for $225,000 for 10%. The on-air deal did not close. Follow-up reporting lists the company as in business. (Felt Shark Tank Update ).
Felt reported annual revenue of $1.5 as of June, 2022. (Felt Shark Tank Update ).
The official website for Felt is listed as www.feltapp.com. (Felt website ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com , feltapp.com .

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