Digiwrap Shark Tank Update

Digiwrap Shark Tank Pitch

Charlie Williams and Brad Boskovic appeared on Shark Tank Season 8, Episode 11, which aired on December 8, 2016, with Digitally Printed Custom Wrapping Paper.

Digiwrap is listed in the Other category. In plain terms, the business is described as Digitally Printed Custom Wrapping Paper.

Digiwrap asked the Sharks for $150,000 for 10%, implying a valuation of about $1.5 million.

On the show, Digiwrap made a listed deal with Kevin O'Leary for $150,000 for 20%.

If treated as straight equity, the listed deal works out to about $750,000 implied valuation, down from the original $1.5 million implied valuation.

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

Digiwrap After Shark Tank

Digiwrap accepted an on-air Shark Tank deal for $150,000 for 20%. The on-air deal did not close. The company is still in business. (Digiwrap Shark Tank Update

Digiwrap reported annual revenue of $3 million as of February, 2024. (Digiwrap Shark Tank Update

As of February, 2024, the company is still in business and does an estimated $3 million in annual revenue. (Digiwrap Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches