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Layback Co. productDeal made in the Den

Dragons' Den Canada Season 12 · Episode 20

Layback Co.

hammocks in original printed designs

The ask$150,000for 15% of the business
Implied valuation$1Mask / equity
On-air resultDeal agreed
Founders: Justin Chorney, Adam Cook

On the record

The deal, on the record

Layback Co. asked for $150,000 in exchange for 15% of the business.

Season
12, ep 20
On-air outcome
Struck a deal
Deal terms
$150,000 for 30% split three ways (10% each) among three Dragons, after their opening 35% offer
Category
Tech and Software

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