Tipsy Elves on Shark Tank

Name: Tipsy Elves
Availability: InStock

Tipsy Elves sells festive, humorous holiday apparel, best known for ugly Christmas sweaters, along with outfits for other holidays. It targets people dressing up for themed parties and seasonal celebrations.

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Price range $19.95-$69.95 checked Oct 2026

⏱ Tipsy Elves in 30 seconds

The ask$100K for 5%Valued at $2M
In the tankDeal: $100K for 10%With Robert
After the showDeal closedSurvived due diligence
TodayStill in businessRobert Herjavec calls it his best-performing Shark Tank investment

Tipsy Elves Shark Tank deal

Asked for: $100,000 for 5%
Asking valuation: $2M
Result: Deal
Final deal: $100,000 for 10%
Deal valuation: $1M
Shark: Robert Herjavec
Founders: -
From: San Diego, CA
Aired: Dec 13, 2013

Asked

$2M

Got

$1M

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Popular products from Tipsy Elves, with prices as listed when we checked (October 2026).

Where to buy: Target

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The pitch

Video: The Tipsy Elves Showcase Their Latest Product #DuckTank | Shark Tank Global x Migration · Shark Tank Global on YouTube

The founders from San Diego, CA pitched Tipsy Elves in Shark Tank Season 5, Episode 12 (aired Dec 13, 2013). They asked for $100,000 in exchange for 5% equity, valuing the business at $2M. The entrepreneurs walked away with a deal from Robert Herjavec: $100,000 for 10%. That put the final valuation at $1M, 50% below what they originally asked for.

What happened to Tipsy Elves after Shark Tank?

Still in business Last checked October 3, 2026

A lawyer and a dentist started Tipsy Elves selling irreverent ugly Christmas sweaters and accepted Robert Herjavec's $100,000 for 10% in December 2013. The company projected about $12 million in revenue the next year and had passed $70 million in lifetime online sales by 2018, according to Wikipedia. Herjavec has said publicly that it is his best-performing Shark Tank investment.

✅ The on-air deal closed after due diligence.

Update: Robert Herjavec calls it his best-performing Shark Tank investment

Timeline since the show

2011
Launched with ugly Christmas sweaters
2013-12
Accepted Robert Herjavec's $100,000 for 10% on Shark Tank
2014
Projected about $12 million in revenue
2018
Passed $70 million in lifetime online sales

Sources (5)

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Frequently asked questions

Did Tipsy Elves get a deal on Shark Tank?

Yes. Tipsy Elves got a deal with Robert Herjavec for $100,000 and 10% equity.

Which Shark invested in Tipsy Elves?

Robert Herjavec invested in Tipsy Elves on Season 5 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is Tipsy Elves still in business?

As of our last check (October 2026), Tipsy Elves appears to still be in business. Its official website is online, and robert Herjavec calls it his best-performing Shark Tank investment.

What season and episode was Tipsy Elves on Shark Tank?

Tipsy Elves appeared in Season 5, Episode 12, which first aired on December 13, 2013.

Where can I buy Tipsy Elves?

You can buy Tipsy Elves from its official website and often on Amazon.

What was Tipsy Elves's valuation on Shark Tank?

The founders valued Tipsy Elves at $2,000,000 when they entered the Tank, and the final deal valued it at $1,000,000.