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Ring Rescue productDeal made in the Den

Dragons' Den Canada Season 17 · Episode 6

Ring Rescue

compression ring cutters

The ask$400,000for 10% of the business
Implied valuation$4Mask / equity
On-air resultDeal agreed
Founders: Kevin Spencer, Patrick Hennessy

On the record

The deal, on the record

Ring Rescue pitched for $400,000 in return for 10% equity.

Season
17, ep 6
On-air outcome
Struck a deal
Deal terms
$400,000 for 15%, split by two Dragons (asked 400K for 10%; Whisper garbles the final dollar figure as "a hundred thousand" but both standing offers were 400K for 15%)
Investing Dragons
Robert Herjavec, Michele Romanow
Category
Health and Wellness

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