VSSL
These business partners want a Dragon partner to help hike up sales.
The ask
C$400,000 for 20%
Stated on air as “400K for 20%”
On-air result
Struck a deal
C$400,000 for 25%
Investing Dragon: Lane Merrifield
Pitched by: Todd Weimer, Jarris Neufeld
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Visit the official siteFrom the show
The Dragons' Den Canada pitch
- C$400K
- Asked for
- 20%
- Equity offered
- C$2M
- Implied valuation
- S13 · Ep 4
- Season
These business partners want a Dragon partner to help hike up sales.
Todd Weimer, Jarris Neufeld from Abbotsford, BC entered the Den in Season 13, episode 4 and asked the Dragons for C$400,000 in exchange for 20% of the business.
Lane Merrifield backed the pitch at C$400,000 for 25%.
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