Zygg E-Bikes
Kevin McLaughlin from Toronto, ON, seeks investment for his subscription electric bike service.
The ask
C$1,000,000 for 15%
Stated on air as “$1M for 15%”
On-air result
Struck a deal
C$1,200,000 for 15%
Pitched by: Kevin McLaughlin
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Visit the official siteFrom the show
The Dragons' Den Canada pitch
- C$1M
- Asked for
- 15%
- Equity offered
- C$6.7M
- Implied valuation
- S16 · Ep 1
- Season
Kevin McLaughlin from Toronto, ON, seeks investment for his subscription electric bike service.
Kevin McLaughlin from Toronto, ON entered the Den in Season 16, episode 1 and asked the Dragons for C$1,000,000 in exchange for 15% of the business.
The pitch landed a deal on air at C$1,200,000 for 15%.
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