Felt App, a mobile app, was started by Alpert in 2012. Felt App net worth was $2.25 million in 2016 based on the Shark Tank deal.
In May 2016, they appeared on season 7th of Shark Tank USA and made a deal with Kevin O’Leary, $225,000 for 10% equity. The final valuation was $2.25 million, down from the founder’s initial estimate of $3.34 million.
As of 2024 January, the company is still in business. You can get their app through the website.
Felt App Net Worth
Net worth | $2 million (In 2022) |
Annual Sales Revenue | Not Disclosed |
Profits | – |
Lifetime sales | – |
Investor | Kevin O’Leary |
Founder | Tomer Alpert |
Employees | Over 40 employees |
Felt App Net Worth Timeline
Net Worth 2024 | Not Disclosed |
Net Worth 2023 | Not Disclosed |
Net Worth 2022 | $2 million |
Net worth valuation 2016 after appearing on Shark Tank | $2.25 million |
Net worth valuation 2016 before appearing on Shark Tank | $3.34 million |
Felt App Pitch on Shark Tank
Company name | Felt App |
Product | App for sending a handwritten card or note |
Episode | Season 07 Episode 29 |
Founder | Tomer Alpert |
Asked for | $200K for 6% equity |
Final deal | $225K for 10% equity |
Shark | Kevin O’Leary |
Location | Colorado, United States |
Don’t miss these product from Season 07
Felt App Founder
Felt App was founded by Tomer Alpert in 2012. Tomer Alpert had the idea for Felt when he couldn’t find a thank-you note after a party. He tried twice to get on Shark Tank before finally making it to the Season 7 finale. Felt App’s founder, Tomer Alpert’s net worth unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2016 | The company appeared on Shark Tank USA Season 07 and got the deal from Kevin O’Leary. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Felt App and its continued success.