Tipsy Elves Net Worth 2024 Update (Before & After Shark Tank)
Tipsy Elves, a Christmas collection business, was started by Nick Morton and Evan Mendelsohn in October 2011. As of June 2024, Tipsy Elves net worth is $20 million. And they’re pulling in a whopping $11.3 million in annual revenue.
In December 2013, they appeared on Season 5 of Shark Tank USA. And made a deal with Robert Herjavec for $100,000 for 10% of equity. The final valuation was $1 million, down from the founder’s initial estimate of $2 million.
Tipsy Elves is still in business. Now, you can purchase their Christmas collection online. For that, visit their official website. Make this Christmas decorated with the Elves collection!
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Join Us TodayTipsy Elves Net Worth
| Net worth | $20 Million (2024) |
| Annual Sales Revenue | $11.3 Million |
| Profits | – |
| Lifetime sales | $70 Million |
| Shark Tank Investor | Robert Herjavec |
| Founders | Nick Morton and Evan Mendelsohn |
| Employees | <30 |
Tipsy Elves Net Worth Timeline
| Net Worth 2024 | $20 million |
| Net Worth 2023 | $20 million |
| Net Worth 2022 | $19 million |
| Net worth valuation in 2013 after appearing on Shark Tank | $1 million |
| Net worth valuation in 2013 before appearing on Shark Tank | $2 million |
Tipsy Elves Pitch on Shark Tank
| Company name | Tipsy Elves |
| Product | A Christmas collection |
| Episode | Season 05 Episode 12 |
| Founders | Nick Morton and Evan Mendelsohn |
| Asked for | $100,000 for 5% Equity |
| Final deal | $100,000 for 10% Equity |
| Shark / Sharks | Robert Herjavec |
| Location | San Diego, California |
Don’t miss these products from Season 05
Tipsy Elves Founders
Tipsy Elves was founded by Nick Morton and Evan Mendelsohn in 2011. Evan Mendelsohn is the Co-Founder and Co-CEO at Tipsy Elves. Nick, the other person is the Co-Founder and Co-CEO at Tipsy Elves. Tipsy Elves’s founders, Nick Morton and Evan Mendelsohn, have a net worth of 20 Million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2011 | Launched Tipsy Elves’ first collection through their website. |
| 2013 | Appeared on Shark Tank season 5 , and Robert Herjavec invested $100,000 for 10% Equity. |
| 2019 | Reveal tipsy elves’ lifetime sale is 125 Million USD. |
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 Tipsy Elves and its continued success.
