Spot Dog Walking
Spot is an on-demand dog walking app, with guaranteed walker arrival in 90-minutes or the walk is free.
The ask
C$400,000 for 18%
Stated on air as “400K for 18%”
On-air result
Struck a deal
C$400,000 for 25%
Investing Dragon: Michele Romanow
Pitched by: John Minchin
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The Dragons' Den Canada pitch
- C$400K
- Asked for
- 18%
- Equity offered
- C$2.2M
- Implied valuation
- S15 · Ep 2
- Season
Spot is an on-demand dog walking app, with guaranteed walker arrival in 90-minutes or the walk is free.
John Minchin from Calgary, AB entered the Den in Season 15, episode 2 and asked the Dragons for C$400,000 in exchange for 18% of the business.
Michele Romanow backed the pitch at C$400,000 for 25%.
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