Felt
app that lets a user hand-write a message
Pitch Details
Season / Episode
S7E29
May 20, 2016
Ask
$200,000
for 6%
Ask Valuation
$3.3M
Deal
$225,000
for 10%
Watch the Pitch
Deal Terms
Amount$225,000
Equity10%
Valuation$2.3M
Kevin O'LearyWhat Happened Next
Deal Fell Through
Deal with O'Leary did not close after the show. No specific reason publicly documented.
Operating
0- Appeared on Season 7; no deal made on the show
- App for creating and sending digital greeting cards
- Faced competition from established digital card platforms
- Struggled with user acquisition and monetization
- App was discontinued and company ceased operations
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