CoolWraps on Shark Tank

CoolWraps offers holiday gift wrapping products designed to make presents look distinctive. It targets shoppers looking for an easier or more decorative way to wrap gifts for the holidays and birthdays.

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⏱ CoolWraps in 30 seconds

The ask$100K for 40%Valued at $250K
In the tankDeal: $250K for 100%With Mark · plus royalty
After the showNot confirmedNo public record either way
TodayStill in business

CoolWraps Shark Tank deal

Asked for: $100,000 for 40%
Asking valuation: $250K
Result: Deal
Final deal: $250,000 for 100%
Deal valuation: $250K
Shark: Mark Cuban
Structure: Royalty
Founders: Jeffrey Miller
From: Green Cove Springs, FL
Aired: Mar 29, 2013

Asked

$250K

Got

$250K

Would you have invested in CoolWraps?

The pitch

Jeffrey Miller from Green Cove Springs, FL pitched CoolWraps in Shark Tank Season 4, Episode 20 (aired Mar 29, 2013). They asked for $100,000 in exchange for 40% equity, valuing the business at $250K. The entrepreneurs walked away with a deal from Mark Cuban: $250,000 for 100%. The deal included a royalty.