X-Matik Inc.
Two engineers are eager to drive home a Dragon investment with their multi-million dollar product.
The ask
C$350,000 for 10%
Stated on air as “350K for 10%”
On-air result
Struck a deal
C$1,000,000 for 20%
Pitched by: Nima Ashtari & Rob Lengyel
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Visit the official siteFrom the show
The Dragons' Den Canada pitch
- C$350K
- Asked for
- 10%
- Equity offered
- C$3.5M
- Implied valuation
- S12 · Ep 8
- Season
Two engineers are eager to drive home a Dragon investment with their multi-million dollar product.
Nima Ashtari & Rob Lengyel from Toronto, ON entered the Den in Season 12, episode 8 and asked the Dragons for C$350,000 in exchange for 10% of the business.
The pitch landed a deal on air at C$1,000,000 for 20%.
More Liquor & Alcohol pitches
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JP Rayne from Kingston, ON gets the Dragons giddy when she pitches her vaginal exerciser.
Asked C$200KCocktail Bomb Shop
Kiana Gomes from Montreal seeks an investment for her cocktail bombs.
Asked C$175KCrumbs Patties
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Asked C$50KDig It Handwear
Wendy Johannson and Claudia Harvey from Toronto, ON, go digging for a Dragon investment on their gardening gloves.
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