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Birch Babe productDeal made in the Den

Dragons' Den Canada Season 20 · Episode 12

Birch Babe

natural skincare made in small batches by a family team

Still sellingFashion and Beauty

The Irvine family took their natural skincare brand to season 20 and left with a deal. We map out the ask and the terms they settled on.

The ask$400,000for 20% of the business
Implied valuation$2Mask / equity
On-air resultDeal agreed
Still sellingFounders: Debbie Irvine, Lindsay Irvine, Kelsey Irvine

The pitch

What walked into the Den

Three members of the Irvine family, Debbie, Lindsay and Kelsey, brought Birch Babe and its small-batch natural skincare to season 20, episode 12.

Went in wanting $400,000 for a slice of 20 percent, an implied price of $2,000,000.

After the show

What happened next

The pitch ended in a deal at $400,000 for 25 percent, five points more equity than the family opened with.

The storefront is unmistakably active, with products from $20 to $72, working add-to-bag buttons, bundles and free-gift thresholds, all the signs of a running shop.

Our read

The Hub verdict

The ask sits in believable territory for a family skincare brand: $400,000 against a fifth of the business, a $2 million price with the founders keeping a clear majority. Two Dragons wanted in at the same terms, $400,000 for 25 percent, and neither would move when the family tried to split the difference at 22. A competitive room that still holds its price tells you the panel liked the operators and knew it had the leverage. The founders took the 25 percent, and the storefront is unambiguously live, with products from twenty to seventy-odd dollars and working bundles.

Two Dragons bid the same; founders took 25 percent