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He-Sheets product

Dragons' Den Canada Season 6 · Episode 6

He-Sheets

a two-person bedsheet with a defined dividing line

A New Brunswick pitcher brought a divided two-person bedsheet to season 6. We go through the ask and the numbers behind it.

The ask$50,000for 25% of the business
Implied valuation$200Kask / equity
Founder: Alex Warman

The pitch

What walked into the Den

He-Sheets, Alex Warman’s two-person bedsheet with a defined dividing line down the middle, featured in season 6, episode 6, out of Oromocto, New Brunswick.

Angled for $50,000 for 25 percent, which pegged the value near $200,000.

Our read

The Hub verdict

A small, single-product pitch: fifty thousand against a quarter of the business, a two-hundred-thousand price on a two-person bedsheet with a dividing line down the middle. The number is the kind of modest ask you expect from an early, one-idea business.

Handing over a quarter of the company for that little says the founder wanted a partner more than a payday. The idea answers a real domestic complaint, the nightly fight over blankets, but bedding is a thin-margin category ruled by large linen suppliers and private-label retailers, and a sewn dividing line is the sort of feature a manufacturer can copy the season after it works. A one-feature bedding product lives or dies on getting into a chain quickly.

A modest ask on a one-feature product in a copyable category.