What Happened to Little Elf After Shark Tank?
What is Little Elf?
Little ELF is the first wrapping paper cutter, allowing consumers for the first time to cut wrapping paper without getting a headache. Scissors are dangerous because they never cut straight. Little ELF makes life easier.
Bryan Perla, Little ELF Gift Wrap Cutter’s creator and CEO, is 23 years old. Bryan designed Little ELF to solve the perplexing challenge of gift wrapping. On a daily basis, he observed his family and friends suffering with cutting wrapping paper.
He realized he needed to revolutionize the way people cut wrapping paper, so he created Little ELF! Little ELF tackles this complicated issue in an easy-to-understand approach.
Who is Little Elf’s founder?
Bryan Perla founded and runs Little ELF Gift Wrap Cutter. Little ELF is a terrific product that saves time for parents, friends, and, of course, Santa!
This is a product that makes holidays less stressful so that people may spend more time with their family and on the things that are most important to them.
In 2016, I created Little ELF Gift Wrap Cutter in high school and showed it to my instructors and friends at a fair. The answer was overwhelmingly positive.
He wanted to take his notion a step further to see where it might take me and how much more I could learn about product development and business.
He has effectively and smoothly bridged the gap between human thinking and the actual world by inventing a safer and more precise method of cutting wrapping paper.
Little ELF is a patent-pending gift wrap cutter that creates straight, simple, quick, and safe present wrapping cuts.
It’s never been easier or safer in your life to cut wrapped items! Little ELF rests on any box and cuts paper in a single step for an even simpler one-step approach.
Bryan launched Little ELF on Kickstarter in 2018, as a Stanford University student, after two years of design and development, and raised more than $130,000 in 45 days. As a result, Little ELF was able to move straight into mass production.
The Little Elf comes in a two-pack for $20.99. Amazon is well stocked for the holiday season. While the gadget is patent pending, a swarm of knock-offs are already on the market.
What Happened to Little Elf’s Shark Tank Pitch?
Bryan Perla picked Shark Tank Investors in Season 11 Episode 9 to help him negotiate the competitive world of offshore production and patent protection.
Bryan entered the Shark Tank seeking for $150,000 in exchange for a 15% ownership in his firm, which worth $1 million.
He tells his story and gives out samples. Kevin O’Leary paid $150,000 for a 25% stake in the company, but Mark Cuban, Robert Herjavec, and Barbara Corcoran all backed out.
Lori Greiner entered the fray with a $150,000 bid for 20% ownership of the firm. Bryan and the product are the two Sharks’ favorites.
Lori Greiner and Kevin O’ Leary engage in a bidding war, and as the dust settle.
What Became to Little Elf After Shark Tank?
Bryan Perla appeared on Shark Tank following Season 11 Episode 9, and he left with a deal. The deal with Lori Greiner did not go through, but the company is still in business.
Lori Greiner most likely declined due to the plethora of identical products on the market. As of November 2021, the company’s annual sales were $900,000 USD.
Little Elf’s Competitors
Birchbox, Milk Makeup, Korres, and Bioera are among Little Elf’s main rivals.
Little Elf’s Net Worth
During the pitch, the firm was valued at $1 million; the company’s net worth is estimated to be $1 million in 2021.
Little Elf FAQs
How much does a Little Elf cost?
Little ELF Gift Wrap Cutter is $20.99 each, and the Little ELF 2-Pack is $20.99. The gadget has become a great gift for Christmas, birthdays, anniversaries, showers, semester-end parties at colleges and other special occasions.
How do you use it?
Little ELF Gift Wrap Cutter makes gift wrapping easy as 1-2-3.
Does Little Elf ship internationally?
Yes, Little Elf Gift Wrap Cutter ships internationally.
What is Little Elf’s return policy?
As per the company’s official website, you can return unopened product within 30 days of purchase. You will get a full refund minus shipping and handling costs if your product is returned in the same condition that you received it. Please note that refund shipping charges are non-refundable.
Does Little Elf have a money-back guarantee?
Yes. If customers are not satisfied with this product’s performance, they can purchase a full refund within 30 days of their purchase for a 100% refund.
What is Little Elf?
Little ELF Gift Wrap Cutter is the first wrapping paper cutter that allows consumers for the first time to cut wrapping paper without getting a headache. Scissors are dangerous because they never cut straight. Little ELF makes life easier!
Who is the Little Elf gift wrap cutter’s founder?
Bryan Perla founded and runs Little ELF Gift Wrap Cutter.
Is Little Elf available on Amazon?
Yes, Little ELF is available on Amazon.
How does Little Elf work?
The Little Elf Gift Wrap Cutter functions by pressing the blade down on paper and cutting through the paper. This is a safer, more precise way of cutting wrapping paper.
How do I use Little Elf?
Simply open the wrapping paper and place it in the Little Elf Gift Wrap Cutter.
Does Little Elf cut more than one piece of paper at a time?
The Little Elf gift wrap cutter cuts 2 pieces of the wrapping paper at a time.
Has the Little ELF been tested by independent 3rd-party agencies?
Yes, the Little ELF has been tested and approved for safety by an independent 3rd-party agency, with nearly 100% safety rating.