The HydroFlyer

electric hydrofoil jetski

The ask$1,000,000for 10% of the business

Implied valuation$10Mask / equity

On-air resultDeal agreed

Founders: Jerry, Wendy McArthur

On the record

The deal, on the record

On Dragons' Den Canada, The HydroFlyer sought $1,000,000 for a 10% stake.

Season: 16, ep 3
On-air outcome: Struck a deal
Deal terms: $1,000,000 for 25% plus a 5% royalty until double money back, plus a $500,000 operating line, split by three Dragons
Category: Sports and Outdoors

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