Independent product guide to Dragons' Den · Every availability claim is checked
Lit Cosmetics productLeft without a deal

Dragons' Den Canada Season 2 · Episode 5

Lit Cosmetics

line of glitter cosmetics

The ask$200,000for 25% of the business
Implied valuation$800Kask / equity
Founder: Jodie Urchyshyn

On the record

The deal, on the record

Lit Cosmetics pitched for $200,000 in return for 25% equity.

Season
2, ep 5
On-air outcome
Left without a deal
Deal terms
No investment; ask was 200K for 25%. The source is same-night episode commentary and states the Dragons' position as future-conditional ("to get the business to a large scale that will interest the Dragons as an investment"), which reads as no deal but never says 'no deal' outright. Treat as unconfirmed until a first-party source is found.
Category
Fashion and Beauty

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