Felt, a mobile app that allows users to send handwritten cards through the mail, appeared on Shark Tank in 2015. Founder Tomer Alpert secured a $225,000 deal from Barbara Corcoran for 13% equity.
Since its appearance, Felt has continued to grow, with an estimated valuation of $4 million as of 2024. The company has not been acquired and remains independently operated.
While Felt has not relied on crowdfunding, it has expanded its product offerings and gained popularity for its personalized card services. The company maintains a strong customer base and positive reviews for its unique, heartfelt approach to communication.
Felt App Net Worth
| Estimated Net worth | $4 million (2024) |
| Annual Sales Revenue | Not Disclosed |
| Lifetime sales | Not Disclosed |
| Investor | Kevin O’Leary |
| Founder | Tomer Alpert |
| Employees | Over 40 employees |
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 |
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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 is unknown as of 2024. However, based on the deal it should be above $200,000.
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.