Sealed By Santa Shark Tank Net Worth 2023
During the pitch, the Sealed By Santa company was valued at $750,000. However, as the company has continued to operate since the pitch, it is likely that its net worth has increased significantly.
The actual value of the company may be much more than what was presented during the pitch. Factors such as increased sales, growth in market share, expansion into new markets, and new product development could have all contributed to the increase in the company’s net worth.
Additionally, improvements in operational efficiency, cost management, and profitability could have further boosted the company’s overall value.
What is Hire Santa? Who is the founder of Sealed By Santa?
Sealed by Santa is a unique business that specializes in creating personalized Christmas letters and parcels for children. These letters are printed on parchment paper and sent directly from the North Pole.
Receiving personalized letters from Santa is a special experience for children who love to receive presents from him.
Sealed by Santa offers three packages: Premium, Deluxe, and Ultimate, allowing customers to choose the level of personalization they prefer.
The company was founded by Sara Blain, a Momtrepreneur from Boca Raton.
While little is known about her prior to starting Sealed by Santa, she had previously worked as a producer at Red Knight Studios and had also written for a website focused on improving life after divorce. Today, she is the owner of Sealed by Santa and Simply B Social, a social media growth firm.
Sealed by Santa’s process is simple: parents fill out an online form with their child’s name and other personal details, and Sealed by Santa takes care of the rest.
Each letter is elegantly addressed to the child and signed by Santa himself, with the parchment paper featuring charred edges for an authentic feel.
Customers can choose from a dozen different letter types, and can also purchase an “evidence kit” that includes Santa’s hat, a stencil for Santa’s boots to leave magical snow tracks around the tree, and a large black button that “fell off” Santa’s coat.
Additionally, there is a Santa’s Sleigh License, an Official Nice List Map, a glove that Santa dropped while eating cookies, and instructions for arranging the items around the house.
Other items available for purchase include decorations, a “Santa key,” and reindeer food, with all other items priced under $20. The letters cost $10.95 each.
Sealed By Santa Shark Tank Pitch
In episode 812 of the 2016 “holiday special” on Shark Tank, Sarah Blain presented her company, Sealed by Santa, which offers personalized letters from Santa Claus.
Sarah was seeking a $150,000 investment in exchange for a 20% stake in her business, which was valued at $750,000. Her goal was to expand her business to other holidays and diversify her product offerings.
Sarah explained that each letter cost $1.50 to produce and she sold them for $10.95. She could dispatch the letters within 24 hours, but Kevin was skeptical about the volume of letters during the holiday season.
Sarah assured him that she had a team of twelve friends to assist her during the busy season. She had earned around $10,000 annually and her total sales had increased to $355,000, up from $250,000 the previous year.
Kevin expressed concern about the seasonality of the business, but Sarah said that she had a database of 60,000 customers and had also offered Easter letters, which generated almost $15,000 in revenue.
Kevin liked the idea and thought that Sealed by Santa would fit well on the Something Wonderful platform. He offered $150,000 for 33.3% equity, but Sarah started to cry and revealed that her spouse had left her on the day Shark Tank contacted her. Barbara comforted her but declined to invest.
Mark believed that Sarah was stretching herself too thin and chose not to invest. Robert offered $150,000 for 33.3% equity but suggested that Sarah could retain the first $100,000 of earnings, and they would split the rest.
Lori offered a loan of $75,000 and another $75,000 for 22.5% equity in the company, which Sarah accepted.
Although Lori’s deal was never finalized, Sarah gained many new customers from her appearance on Shark Tank.
She expanded her business to include Easter Bunny and Tooth Fairy letters and even offered a live video chat with Santa. As of May 2021, Sealed by Santa was still in business, and as of February 2022, it was still operating.
Competitors of Sealed By Santa
Sealed by Santa’s primary competitors include The Pop Star, a Personalized letter, Card and Gift Company.
Net Worth of Sealed By Santa
The company valuation was $750,000 during the pitch. Since then the company is still operating and hence the company’s net worth might have been more than that of the pitch.
Sealed By Santa Shark Tank Updates
Sealed By Santa is a personalized holiday letters service that appeared on Shark Tank in Season 8 Episode 11. The founder, Sarah Blaines, was seeking $150,000 for 20% of her business. Lori Greiner made a deal with Blaines for $75,000 for 22.5% equity and a $75,000 loan.
However, it doesn’t look like the deal with Lori closed as the company isn’t listed on her website as one of her Shark Tank companies.
Despite not closing the deal with Lori, Sealed By Santa has continued to grow and expand its offerings. As of February 2023, the company is still in business and even offers a live video chat with Santa. In 2022, Sealed By Santa’s net worth was reported to be $1 million.
The company has expanded its offerings beyond Christmas and now offers letters from the Easter Bunny and Tooth Fairy.
Sealed By Santa has also expanded its personalized letter offerings to include letters for birthdays, christenings, and even letters for children who have been naughty all year round.
In 2023, Sarah Blaines reported that Sealed By Santa did $355,000 in sales the previous year and expects to do more the following year.
The company has been successful in delivering the magic of Santa to children and has continued to grow and expand its offerings beyond Christmas.
Sealed By Santa Overview and Net Worth
| TOPIC | DETAILS |
| Description | Sealed By Santa creates personalized Christmas letters and parcels for children. The company was founded by Sara Blain, a Momtrepreneur from Boca Raton. |
| Product Offerings | Sealed By Santa offers three packages: Premium, Deluxe, and Ultimate, allowing customers to choose the level of personalization they prefer. They also have an “evidence kit” that includes Santa’s hat, a stencil for Santa’s boots to leave magical snow tracks around the tree, and a large black button that “fell off” Santa’s coat. Additionally, they have Santa’s Sleigh License, an Official Nice List Map, a glove that Santa dropped while eating cookies, and instructions for arranging the items around the house. Other items available for purchase include decorations, a “Santa key,” and reindeer food, with all other items priced under $20. The letters cost $10.95 each. |
| Shark Tank Pitch | In episode 812 of the 2016 “holiday special” on Shark Tank, Sarah Blain presented her company, Sealed by Santa, which offers personalized letters from Santa Claus. She was seeking a $150,000 investment in exchange for a 20% stake in her business, which was valued at $750,000. Lori Greiner made a deal with Blain for $75,000 for 22.5% equity and a $75,000 loan. |
| Competitors | Sealed by Santa’s primary competitors include The Pop Star, a Personalized letter, Card and Gift Company. |
| Founder | Sealed By Santa was founded by Sara Blain, a Momtrepreneur from Boca Raton. |
| Net Worth | Since the Shark Tank pitch, Sealed By Santa’s net worth may have significantly increased due to factors such as increased sales, growth in market share, expansion into new markets, new product development, improvements in operational efficiency, cost management, and profitability. |
| Updates | Despite not closing the deal with Lori, Sealed By Santa has continued to grow and expand its offerings. As of February 2023, the company is still in business and even offers a live video chat with Santa. |
Sealed By Santa FAQs
What Is Sealed By Santa Shark Tank?
Sealed By Santa is a company that offers personalized letters from Santa Claus to children. The letters are customizable with graphics, texts, and fonts, and mention the child’s name, accomplishments, and wish lists.
The letters are printed on parchment paper with burnt edges and hand-signed by Santa. Each letter arrives in a fancy envelope addressed to the child, and the letters get sent from a North Pole postmark.
Sealed By Santa offers 12 customized letters to choose from, including a letter for a baby’s first Christmas and a letter for Santa’s teen.
Sealed By Santa appeared on Shark Tank in 2016, where Sarah Blain pitched her business and asked for $150,000 for 20% equity. Lori Greiner offered $75,000 for 22.5% equity and a $75,000 loan, which Blain accepted.
Since then, Sealed By Santa has expanded its offerings to include letters from the Easter Bunny and Tooth Fairy, and even offers a live video chat with Santa. The company has also added three unique products to its offerings.
Sealed By Santa’s goal is to deliver the magic of Santa to children, and the company is not just seasonal.
It can send specialized letters to kids all year round, such as for their first birthday, or christening, and even a letter reserved specifically for those who’ve been naughty all year round.
The company’s gift packages also include a cocoa pack that includes a cocoa mug and hot chocolate endorsed by Santa himself, an ornament package that includes an exclusive ornament designed by Santa’s elves, a ‘Nice List’ Certificate that is frame-worthy, and a Santa evidence kit that includes a video from Santa.
How Does Sealed By Santa Shark Tank Work?
Sealed by Santa is a personalized “letters from Santa” business that were pitched on Shark Tank by Sarah Blain in 2016. The concept is simple: parents fill out an internet form with their child’s name and some other personal details, and Sealed by Santa does the rest.
Each letter arrives in a fancy envelope, addressed to the child, and the letter itself is on parchment paper with burnt edges and hand-signed by Santa.
During the pitch, Sealed by Santa was valued at $750,000, and Sarah was seeking a $150,000 investment in exchange for a 20% stake in her business.
She received three unique offers from the Sharks, and after careful consideration, she settled for a half-investment-half-loan from Lori Greiner.
Since her appearance on Shark Tank, Sarah has been trying to work past her Santa-themed presents and offer a larger range of packages that are also sourced from the North Pole.
Sealed by Santa has expanded its offerings since the pitch and now offers 12 customized letters for customers to choose from, including letters for a baby’s first Christmas and Santa’s teen letter.
The gift packages also include a cocoa pack that includes a cocoa mug and hot chocolate that is endorsed by Santa himself, an ornament package that includes an exclusive ornament designed by Santa’s elves, a ‘Nice List’ Certificate that is frame-worthy, and a Santa evidence kit that includes a video from Santa.
As of February 2023, Sealed by Santa is still in business and even offers a live video chat with Santa. The net worth of Sealed By Santa founder Sarah Blain is $1.5 million.
What Happened To Sealed By Santa After Shark Tank?
Sealed by Santa is a personalized “letters from Santa” business that were pitched on Shark Tank in 2016. The company offers letters from the Easter Bunny and Tooth Fairy as well. The letters get sent from a North Pole postmark, making them more magical for kids.
The company also offers ornaments, a “Santa key,” and reindeer food. Letters cost $10.95 and other products are all under $20.
During the pitch, Sarah Blain, the founder of Sealed by Santa, was seeking a $150,000 investment in exchange for a 20% stake in her business, which was valued at $750,000. Lori Greiner offered $75,000 for 22.5% equity and a $75,000 loan.
The company has since expanded its offerings and had $355,000 in sales in the past year. As of February 2023, Sealed by Santa is still in business and even offers a live video chat with Santa. The net worth of Sarah Blain, the founder of Sealed by Santa, is $1.5 million.
What Is The Current Valuation Of Sealed By Santa After Shark Tank?
Sealed By Santa is a company that offers personalized letters from Santa Claus. The company appeared on Shark Tank in January 2017, seeking a $150,000 investment in exchange for a 20% stake in the business, which was valued at $750,000.
During the pitch, the company’s founder, Sarah Blain, explained that her goal was to expand her business to other holidays and diversify her product offerings.
Sealed By Santa’s net worth before appearing on Shark Tank was $750,000. As of 2022, the company’s net worth is $1 million, and its founder, Sarah Blaines, has a net worth of $1 million as well.
The update also states that the company’s net worth in the year between appearing on Shark Tank and 2020 was $500,000.
It is unclear what the current valuation of Sealed By Santa is in 2023, as there are no search results that provide this information.
However, it is likely that the company’s net worth has increased since the Shark Tank’s appearance, as it has continued to operate and expand its offerings.
How much was seeking on Shark Tank?
Sarah was seeking $150,000 for a 20% stake in her business, which is valued at $750,000.
Did she have the deal?
Yes, she had the deal. She accepted Lori’s offer of a loan for $75,000 and another $75,000 for 22.5% equity.
How to contact Sealed By Santa?
Customers can call them at 813-605-0024 or email them at info@sealedbysanta.com
What is the return policy of Sealed By Santa?
Sealed by Santa’s return policy is that if the customer is not satisfied with the product, she can return it within 2 weeks from the delivery date.
What is the shipping cost of Sealed By Santa?
Sealed by Santa’s shipping cost is $5 for a Sealed by Santa letter and $1 for every additional item ordered.
What is the delivery period of Sealed By Santa?
Sealed by Santa’s delivery period is 2-4 weeks from the date the order is delivered.
What is the average size of a Sealed By Santa letter?
Sealed by Santa’s average letter size is 8.5 x 11.5 inches and costs $10.95.
How can I access Sealed By Santa’s products?
Customers can access Sealed by Santa’s products on their website, which is listed as www.sealedbysanta.com.
Is Sealed By Santa safe?
Sealed by Santa is a very safe and secure website. The company uses the latest SSL encryption to ensure that customer’s data is safe on their website.
The home page of Sealed By Santa does not display any advertisements, which indicates that the company is concerned about keeping the design clean for customers.
How do I pay for Sealed By Santa?
Customers can pay for Sealed by Santa’s products using their Debit/Credit card, PayPal, or online banking. Billing and shipping addresses must match for purchasing to go through smoothly.
What is the difference between a Sealed By Santa letter and a personalized letter?
Sealed by Santa letters are personalized letters from Santa, whereas personalized letters are not. The product sent may be the same as a personalized letter but the process is not the same.
What is the net worth of Sarah Blain?
The net worth of Sealed By Santa founder Sarah Blain is $1.5 million.
