Phazon
An ex-CFL player says his product untangles a common problem and stands alone in the audio market.
The ask
C$500,000 for 10%
Stated on air as “500K for 10%”
On-air result
Struck a deal
C$500,000 for 20%
Investing Dragons: Michele Romanow, Joe Mimran, Jim Treliving, Michael Wekerle
Pitched by: Christian Houle
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The Dragons' Den Canada pitch
- C$500K
- Asked for
- 10%
- Equity offered
- C$5M
- Implied valuation
- S11 · Ep 7
- Season
An ex-CFL player says his product untangles a common problem and stands alone in the audio market.
Christian Houle from Montreal, QC entered the Den in Season 11, episode 7 and asked the Dragons for C$500,000 in exchange for 10% of the business.
Michele Romanow, Joe Mimran, Jim Treliving and Michael Wekerle backed the pitch at C$500,000 for 20%.
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