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InstaRyde Inc. productDeal made in the Den

Dragons' Den Canada Season 11 · Episode 12

InstaRyde Inc.

mobile app business towards success

The ask$500,000for 12.5% of the business
Implied valuation$4Mask / equity
On-air resultDeal agreed
Founders: Karim Sumar, Nabeel El Khafif

On the record

The deal, on the record

On Dragons' Den Canada, InstaRyde Inc. sought $500,000 for a 12.5% stake.

Season
11, ep 12
On-air outcome
Struck a deal
Deal terms
$500,000 for 25% plus a 50% say at the table
Investing Dragon
Manjit Minhas
Category
Tech and Software

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