MULTY Rack

line of modular truck racks

The ask$500,000for 10% of the business

Implied valuation$5Mask / equity

On-air resultDeal agreed

Founders: Cody New, Rick Sauder

On the record

The deal, on the record

MULTY Rack pitched for $500,000 in return for 10% equity.

Season: 18, ep 12
On-air outcome: Struck a deal
Deal terms: $500,000 for a 10% royalty until capital is repaid, then 5% ongoing, no equity, split by two Dragons
Investing Dragons: Arlene Dickinson, Michele Romanow
Category: Automotive

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