Ring Rescue
Kevin Spencer and Patrick Hennessy from Halifax, NS, seek an investment for their compression ring cutters.
The ask
C$400,000 for 10%
Stated on air as “400K for 10%”
On-air result
Struck a deal
C$400,000 for 15%
Investing Dragons: Robert Herjavec, Michele Romanow
Pitched by: Kevin Spencer and Patrick Hennessy
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$400K
- Asked for
- 10%
- Equity offered
- C$4M
- Implied valuation
- S17 · Ep 6
- Season
Kevin Spencer and Patrick Hennessy from Halifax, NS, seek an investment for their compression ring cutters.
Kevin Spencer and Patrick Hennessy from Halifax, NS entered the Den in Season 17, episode 6 and asked the Dragons for C$400,000 in exchange for 10% of the business.
Robert Herjavec and Michele Romanow backed the pitch at C$400,000 for 15%.
More Other pitches
Asked C$60KMystical Cards
Alexandra Rose from Toronto, ON hopes a deal is in the cards.
Asked C$100KTuesday in Love
A husband and wife hope the Dragons fall in love with their polished product.
Asked C$150KHornet Energy
Jérémie Farley and Mahdi Darehshiri from Laval, QC pitch their natural energy gel.
Asked C$75KAir Mouse
These two Ottawa, ON, inventors believe they have the next best computer mouse on their hands.
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.