Grub Canada

online food ordering system

The ask$200,000for 20% of the business

Implied valuation$1Mask / equity

On-air resultDeal agreed

Founders: Ross Lipson, Howard Migal

On the record

The deal, on the record

On Dragons' Den Canada, Grub Canada sought $200,000 for a 20% stake.

Season: 4, ep 9
On-air outcome: Struck a deal
Deal terms: DERIVED, NOT DIRECTLY STATED. CBC's season 4 page (https://web.archive.org/web/20110616010044/http://www.cbc.ca/dragonsden/s4.html) lists 8 pitches in Episode Nine: Passion Fruit Designs, Grub Canada, Woofstock, Back-Pals, Northern Lights Wildlife Wolf Centre, Creepy Crawly Cooking, ClubRapCat.com, Higher Vibrations Wholistic Healing and Wellness. CBC's contest ballot for that same episode enumerates only 6 of those 8 as pitches that did not accept a deal. Grub Canada is one of the two omitted, which implies it accepted a deal. No page states this outright, so treat as a lead to confirm, not a confirmed outcome. Dragon and terms unknown.
Category: Food and Drink

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