PressFront (now known as ScanChat)

an app that makes print media more interactive

The ask$150,000for 10% of the business

Implied valuation$1.5Mask / equity

On-air resultDeal agreed

Founder: Thomas Crown

On the record

The deal, on the record

PressFront (now known as ScanChat) asked for $150,000 in exchange for 10% of the business.

Season: 10, ep 13
On-air outcome: Struck a deal
Deal terms: $150,000 for 22.5% split by Michele Romanow and Jim Treliving ($75,000 each), with a 7.5% employee option pool carved out
Investing Dragons: Michele Romanow, Jim Treliving
Category: Tech and Software

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