The pitch
What walked into the Den
Three Ships is a Toronto skincare brand built on natural, plant-based ingredients sold at prices meant to stay reachable.
Co-founders Laura Burget and Connie Lo pitched in season 15, asking $350,000 for a 10 percent share at an implied $3.5 million valuation.
After the show
What happened next
The brand is thriving in the market. Its site in July 2026 ran an active skincare shop with visible pricing from $15 to $98, add-to-cart and size options, accounts, and shipping to both the United States and Canada.
Our read
The Hub verdict
Three Ships asked $350,000 for 10 percent, a $3.5 million valuation on a natural skincare line, and Jim Treliving met the number. A Dragon paying the asking price without grinding the multiple is rare, and it usually means he is buying distribution reach rather than arguing about the price of the stake. Treliving built his career on retail and franchising, which is exactly the muscle a clean-beauty brand needs once direct-to-consumer growth flattens. The shop is unmistakably live in 2026, several years past the taping, and a later venture round is a separate chapter rather than the Den result.
Treliving paid the full ask at $350,000 for 10 percent
