✓ Got a deal Still in business Season 8, Ep. 11 🏠 Home & Lifestyle

Digiwrap on Shark Tank

Digiwrap makes gift wrap and gift bags that can carry personalized messages or digital content. The products are aimed at shoppers who want gift presentation to feel more personal for birthdays, holidays and celebrations.

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⏱ Digiwrap in 30 seconds

The ask$150K for 10%Valued at $1.5M
In the tankDeal: $150K for 20%With Kevin · plus royalty
After the showNot confirmedNo public record either way
TodayStill in business

Digiwrap Shark Tank deal

Asked for: $150,000 for 10%
Asking valuation: $1.5M
Result: Deal
Final deal: $150,000 for 20%
Deal valuation: $750K
Shark: Kevin O'Leary
Structure: Royalty
Founders: -
From: IL
Aired: Dec 9, 2016

Asked

$1.5M

Got

$750K

Would you have invested in Digiwrap?

The pitch

The founders from IL pitched Digiwrap in Shark Tank Season 8, Episode 11 (aired Dec 9, 2016). They asked for $150,000 in exchange for 10% equity, valuing the business at $1.5M. The entrepreneurs walked away with a deal from Kevin O'Leary: $150,000 for 20%. That put the final valuation at $750K, 50% below what they originally asked for. The deal included a royalty.