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Add-Vanced Creations productDeal made in the Den

Dragons' Den Canada Season 2 · Episode 4

Add-Vanced Creations

water bottle stacking system

The ask$350,000for 20% of the business
Implied valuation$1.8Mask / equity
On-air resultDeal agreed
Founders: Dean, Darlene Lane

On the record

The deal, on the record

Add-Vanced Creations asked for $350,000 in exchange for 20% of the business.

Season
2, ep 4
On-air outcome
Struck a deal
Deal terms
$350,000 deal with Jim Treliving, in due diligence at time of writing. Kempton is quoting a Vancouver Sun piece on Dean Lane; the same excerpt has Lane saying "When [Treliving] told me he had restaurants all across the U.S. and Canada, that made me think because that could be a good fit." Kempton's own S2E4 review adds "I am sure Jim will be able to guide Dean to the right direction".
Investing Dragon
Jim Treliving
Category
Kids and Family

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