Yes, Felt is still in business and remains a recognized name in digital greeting cards. The app’s Shark Tank deal never actually closed, but the exposure alone drove real, lasting growth.
What happened on Shark Tank
Founder Tomer Alpert pitched Felt, an app that lets users send personalized, handwritten-style greeting cards from their phones, on Season 7. Kevin O’Leary offered $225,000 for a 10% equity stake, and Tomer accepted on air, but the deal did not close after the show.
What the company looks like now
The Shark Tank appearance alone brought Felt more than 10,000 new users, and revenue grew 10 to 20 times over within a few weeks of the episode airing. Felt has since become a well-recognized name among digital greeting card services, particularly for people who find e-cards impersonal. The company has also built business partnerships, including sending thank-you cards on behalf of other companies.
Frequently asked questions
Did Felt’s Shark Tank deal with Kevin O’Leary close?
No, the on-air agreement for $225,000 for 10% equity did not close after the show.
How much did Felt’s business grow after the show?
Revenue grew 10 to 20 times within a few weeks, alongside more than 10,000 new users.
Does Felt work with businesses too?
Yes, it has expanded into sending thank-you cards on behalf of business partners.
For more Shark Tank updates, see Talmyn’s Business Case Studies desk.
