Pump Up

build-a-workout fitness app

The ask$100,000for 10% of the business

Implied valuation$1Mask / equity

Founders: Phil Jacobson, Garrett Gottlieb

On the record

The deal, on the record

Pump Up pitched for $100,000 in return for 10% equity.

Season: 8, ep 6
On-air outcome: Left without a deal
Deal terms: Chilton offered $100,000 for 20% plus a 25% royalty; founders Phil Jacobson and Garrett Gottlieb countered for no royalty and Chilton withdrew, so no investment was made. Could arguably be logged as offer-declined since the founders rejected the terms; recorded as no-deal because the dragon pulled the offer. BetaKit, November 7, 2013, describing the previous night's episode.
Investing Dragon: David Chilton
Category: Sports and Outdoors

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