Easy Hitch

a magnetic device that helps hitch a trailer to your car

The ask$60,000for 20% of the business

Implied valuation$300Kask / equity

On-air resultDeal agreed

Founders: Jack, Ev Julicher

On the record

The deal, on the record

Easy Hitch pitched for $60,000 in return for 20% equity.

Season: 3, ep 7
On-air outcome: Struck a deal
Deal terms: A loan; amount not stated. Confidence is medium because the sentence states the offer was made and implies it was taken up ("they've been busy selling Easy Hitches ever since") rather than stating acceptance outright.
Investing Dragon: W. Brett Wilson
Category: Automotive

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