LavaGrip
Business partners say a Dragon deal will help them gain traction in a salty industry.
The ask
C$240,000 for 25%
Stated on air as “240K for 25%”
On-air result
Turned the offer down
Pitched by: David Porter, Ricardo Sestito
As an Amazon Associate, Dragons' Den Index earns from qualifying purchases.
Find it on AmazonAffiliate link — we may earn a commission at no extra cost to you.
Visit the official siteFrom the show
The Dragons' Den Canada pitch
- C$240K
- Asked for
- 25%
- Equity offered
- C$960K
- Implied valuation
- S12 · Ep 20
- Season
Business partners say a Dragon deal will help them gain traction in a salty industry.
David Porter, Ricardo Sestito from Vancouver, BC entered the Den in Season 12, episode 20 and asked the Dragons for C$240,000 in exchange for 25% of the business.
The founders turned down the offer on the floor.
More Media & Entertainment pitches
Asked C$500KSmartCD
Ari Ross from Surrey, BC pitches his anti-piracy technology for CD’s.
Asked C$300KCulture Craze
An entrepreneur hopes she can ring in Valentine’s Day with a new partnership.
Asked C$200KCarnivore Club
Tim Ray and Matthew Cloutier from Toronto, ON, present their meat of the month club company for artisan cured meats.
Asked C$55KArmageddon Fighting Championships
These Victoria, BC, entrepreneurs use mixed martial arts to fight for their fortune.
Dragons' Den Index may earn a commission on purchases made through Amazon links on this page. Dragons' Den Indexis not affiliated with CBC or Dragons' Den. Ask figures reflect what aired.