Offblak

Deal

Flavoured tea delivery service

Season 18 · Ep 1 OtherAired 1 April 2021

Offblak, the flavoured tea delivery service, landed on the national radar after pitching the dragons in Season 18, and convinced Peter Jones to invest.

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From the show

The Dragons’ Den pitch

£70K
Asked for: 10%
Offered equity: £700K
Sought valuation: £70K
Deal amount: 10%
Deal equity: £700K
Deal valuation

Dmitry Klochkov and Jeong Cheol BAE faced the dragons in Season 18, Episode 1 in the episode that aired 1 April 2021. Offblak, the flavoured tea delivery service, pitched in the Other category, one of 902 other businesses to brave the Den across all 21 seasons.

They came in asking £70,000 in exchange for 10% equity, putting a £700K valuation on the business.

Peter Jones made the deal at £70,000 for 10% equity. The deal valued the company at £700K.

Across Season 18, 35 of 70 pitches ended in a handshake. In the Other category overall, roughly 11% of pitches have landed a dragon across the show's history.

Peter Jones£70K

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Frequently asked questions

Where can I buy Offblak?

Check current price and availability on Amazon. Note that some Dragons’ Den products are discontinued or sold under a new name.

Did Offblak get a deal on Dragons’ Den?

Yes. Offblak closed a deal for £70,000 in exchange for 10% equity, with Peter Jones.

Which dragon invested in Offblak?

Peter Jones invested in Offblak (£70,000 total as aired).

What season of Dragons’ Den was Offblak on?

Offblak appeared in Season 18, Episode 1, which aired 1 April 2021.

How much was Offblak asking for on Dragons’ Den?

The founders asked for £70,000 for 10% of the company, a £700K valuation.

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