Insect Defend Patch

a multi-purpose patch that keeps you bug and hangover free

The ask$5,000,000for 75% of the business

Implied valuation$6.7Mask / equity

On-air resultDeal agreed

Founders: James Krane, Ron Whittick

On the record

The deal, on the record

Insect Defend Patch pitched for $5,000,000 in return for 75% equity.

Season: 4, ep 19
On-air outcome: Struck a deal
Deal terms: On air: $500,000 cash plus a 5% royalty on gross sales for 30 years, from Brett Wilson and Jim Treliving, against an ask of $5M for 75%. Same article states the deal collapsed after taping: "The deal did not make it through due diligence."
Investing Dragons: W. Brett Wilson, Jim Treliving
Category: Health and Wellness

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