Spivo Stick

innovation will really stick with the dragons

The ask$200,000for 20% of the business

Implied valuation$1Mask / equity

On-air resultDeal agreed

Founders: Andre Bellerive, Marc Bjerring

On the record

The deal, on the record

Spivo Stick asked for $200,000 in exchange for 20% of the business.

Season: 12, ep 9
On-air outcome: Struck a deal
Deal terms: $200,000 for 20% with Michele Romanow (entrepreneurs asked her to come down to 17% and she held at 20%; Michael Wekerle's royalty offer and Manjit Minhas's $200,000 for 17% were both declined)
Investing Dragon: Michele Romanow
Category: Electronics

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