The pitch
What walked into the Den
Matthew Gohl and Michael Hutchinson lead Santevia, a maker of alkaline and mineral water filters, and they stepped in during season 20, episode 8.
The two asked for a full $1,000,000 while offering up 6.25 percent, which implies a $16 million valuation for the filtration line.
After the show
What happened next
The product range is thriving on its own. In July 2026 the company was selling countertop, gravity, pitcher, shower and travel filters, with free shipping over $99 and a lifetime warranty message front and centre.
Our read
The Hub verdict
This is the biggest straight ask in the group, a full million dollars for 6.25 percent, pinning Santevia at $16 million and effectively daring the Dragons to argue the number. They argued it, but not by much. Three of them came in together at $1.25 million for 10 percent, the founders countered at $1 million for 8, and the deal closed there. Moving a trio of Dragons on valuation takes years of sales behind you, which a water-filtration brand with that depth of range has. The storefront still runs filters across every category from countertop to travel.
Three Dragons in for $1 million at 8 percent
