ProDr8

coconut water sports hydration drinks in three juice blends

The ask$80,000for 20% of the business

Implied valuation$400Kask / equity

On-air resultDeal agreed

Founder: David Walcott

On the record

The deal, on the record

On Dragons' Den Canada, ProDr8 sought $80,000 for a 20% stake.

Season: 13, ep 8
On-air outcome: Struck a deal
Deal terms: $150,000 for 35% split by Arlene Dickinson and Lane Merrifield, with the entrepreneur committing to attend Arlene's accelerator program (a third dragon wanting the total raised to 50% was turned down)
Investing Dragons: Arlene Dickinson, Lane Merrifield
Category: Other Products

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