Kinclo Exercise Mat

triangular gym mat system

The ask$300,000for 25% of the business

Implied valuation$1.2Mask / equity

On-air resultDeal agreed

Founders: Stephen, Todd Kingsbury

On the record

The deal, on the record

Kinclo Exercise Mat asked for $300,000 in exchange for 25% of the business.

Season: 2, ep 5
On-air outcome: Struck a deal
Deal terms: Ask was 300K for 25%; terms of any deal not stated. IMPORTANT: the source never says Arlene invested. It talks about Arlene needing to help the entrepreneurs going forward, and closes "Arlene probably know something that I don't", which only makes sense if she took the deal. This is an implication, not a statement. Do not publish without a confirming source.
Investing Dragon: Arlene Dickinson
Category: Sports and Outdoors

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