Rapstrap

Deal

Waste-free cable-tie

Season 6 · Ep 4 Green & CleanTechAired 11 August 2008

Best known from its Dragons’ Den appearance, Rapstrap is a waste-free cable-tie in Season 6, and convinced Duncan Bannatyne and JamesCaan to invest.

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From the show

The Dragons’ Den pitch

£150K
Asked for: 50%
Offered equity: £300K
Sought valuation: £150K
Deal amount: 50%
Deal equity: £300K
Deal valuation

Andrew Harsley walked into the Den in Season 6, Episode 4 in the episode that aired 11 August 2008. Rapstrap, the waste-free cable-tie, pitched in the Green & CleanTech category, one of 34 green & cleantech businesses to brave the Den across all 21 seasons.

On the carpet, the number was £150,000 for a 50% stake, which valued the company at £300K.

Duncan Bannatyne and JamesCaan teamed up at £150,000 for 50% equity. The deal valued the company at £300K.

Rapstrap was one of 66 businesses to pitch in Season 6, where 14 deals got done. In the Green & CleanTech category overall, roughly 38% of pitches have landed a dragon across the show's history.

Duncan Bannatyne£75KJamesCaan£75K

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Frequently asked questions

Where can I buy Rapstrap?

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

Did Rapstrap get a deal on Dragons’ Den?

Yes. Rapstrap closed a deal for £150,000 in exchange for 50% equity, with Duncan Bannatyne and JamesCaan.

Which dragon invested in Rapstrap?

Duncan Bannatyne and JamesCaan invested in Rapstrap (£150,000 total as aired).

What season of Dragons’ Den was Rapstrap on?

Rapstrap appeared in Season 6, Episode 4, which aired 11 August 2008.

How much was Rapstrap asking for on Dragons’ Den?

The founders asked for £150,000 for 50% of the company, a £300K valuation.

Dragons' Den Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.