What Happened To Little Elf Gift Wrap Cutter After Shark Tank?

Little Elf Gift Wrap Cutter After Shark Tank Update: Little Elf Gift Wrap Cutter is a product that is capable of cutting the wrapping paper into proper shape that too with ease. This product is from Little Elf Products, Inc., a company founded by Bryan Perla.

When Perla was at Vinchendon school in his senior year, he made a prototype device that could help cut the wrapping paper. He created this product when he saw his family and his friends struggling to cut the wrapping paper.

What Is Little Elf Gift Wrap Cutter?

Little Elf Gift Wrap Cutter also known as Little Elf Products, Inc. is a company that manufactures wrapping paper cutter devices.

Little Elf Gift Wrap Tape and Little Elf Gift Wrap Cutter are the two products of this company which works by cutting and gluing wrapping paper.

At the time of gift wrap, the work becomes very easy with these two devices. You can buy these products from Amazon and the company website.

Who Is The Founder Of Little Elf Gift Wrap Cutter?

The founder and CEO of the Little Elf Gift Wrap Cutter Company is Bryan Perla. He started this business journey from his high school.

He has studied Bachelor of Engineering in Product Design at Stanford University.

Little Elf Gift Wrap Cutter Shark Tank Update

Company Name	Little Elf Gift Wrap Cutter
Founder	Bryan Perla
Founded	2016
Product	Easy gift wrap and paper cutter
Asked For	$150k for 15% equity
Final Deal	$150k for 20% equity
Shark	Lori Greiner
Episode (Shark Tank USA)	S11 E9
Air Date	Dec 1, 2019
Business Status	In Business
Headquarters	West Boylston, Massachusetts, US
Little Elf Gift Wrap Cutter Net Worth	$3.3M *estimated
Little Elf Gift Wrap Cutter Instagram	View Profile
GO TO AMAZON	Buy Now

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Little Elf Gift Wrap Cutter on Shark Tank Pitch

Zayden Jeanvilma and Delson Jeanvilma both entered the shark tank and asked the sharks for $100k for 10% equity after entering the Shark Tank. Delson explained the product completely to the sharks and also told them about their ingredients.

In 2019 he has done sales of $250,000. Lori Greiner offered $150k for 30% equity. Kevin also offered $150k for a equity + a royalty of $1 per unit until $450k is paid.

Lori changed the offer to $150k for a 10% equity + a royalty of $0.75 per unit until $450k is paid. Kevin also changed the offer to $150k for a 10% equity + a royalty of $0.50 per unit until $450k is paid.

Lori Greiner made another offer of $150k for 20% equity. Bryan accepted Lori’s offer.

Little Elf Gift Wrap Cutter Net Worth

The current net worth of Little Elf Company is estimated at $1 million. When Bryan was studying at Stanford University, he was a junior student and he was not able to give full time to his business. After graduating in June 2022, he started giving full-time to his business.

Is Little Elf Still In Business?

Yes, Little Elf is still in business as of August 2023.

Little Elf company has been running since 2016 and Bryan is also looking to invent new products to grow his company.

The company’s headquarter is in West Boylston, Massachusetts, United States, and 2-10 people are working in it.

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