54-40

a Canadian rock band

The ask$500,000for 5% of the business

Implied valuation$10Mask / equity

On-air resultDeal agreed

Founders: Allen Moy, 54-40

On the record

The deal, on the record

On Dragons' Den Canada, 54-40 sought $500,000 for a 5% stake.

Season: 12
On-air outcome: Struck a deal
Deal terms: $500,000 for 10% of royalties plus 2.5% of live/concert revenue and 5% of merchandise revenue
Investing Dragon: Michael Wekerle
Category: Other Products

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.