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Tease Tea productDeal made in the Den

Dragons' Den Canada Season 15 · Episode 5

Tease Tea

sustainable tea brand

The ask$300,000for 10% of the business
Implied valuation$3Mask / equity
On-air resultDeal agreed
Founders: Sheena Brady, Amanda Baker

On the record

The deal, on the record

Tease Tea pitched for $300,000 in return for 10% equity.

Season
15, ep 5
On-air outcome
Struck a deal
Deal terms
$300,000 for 50% of Tease Tea plus 50% of Founders Fund (raised from 45% after the pitchers tried to negotiate down to 35%)
Investing Dragon
Vincenzo Guzzo
Category
Food and Drink

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