Tipsy Elves Shark Tank Update
Holiday Cheer
What Happened to Tipsy Elves After Shark Tank
Is Tipsy Elves still in business? Yes — still in business and thriving.
$80M
annual revenue, per Company estimates
- Deal with Robert Herjavec for $100K/10% closed
- Grew to $125M+ in revenue
- Ships to 200+ countries; 3M+ customers
- Products on Amazon, own website, UK/Canada sites
- Active product launches for 2025-2026 seasons
Last verified Apr 1, 2026.
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The Tipsy Elves Shark Tank Pitch
Tipsy Elves, from San Diego, CA, pitched on Shark Tank Season 5, Episode 12, which aired Friday, December 13, 2013, asking for $100,000 for 5% of the company — a $2M valuation.
Robert Herjavec agreed to invest $100,000 for 10% equity, valuing the company at $1M. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S5E12Dec 13, 2013
- Ask
- $100,000for 5%
- Ask Valuation
- $2M
Deal Terms
- Amount
- $100,000
- Equity
- 10%
- Valuation
- $1M
Robert Herjavec