Twelve Barrels

a modern take on an old-recipe drink

The ask$40,000for 30% of the business

Implied valuation$133Kask / equity

On-air resultDeal agreed

Founders: Cole, Max Miller

On the record

The deal, on the record

Twelve Barrels pitched for $40,000 in return for 30% equity.

Season: 11, ep 13
On-air outcome: Struck a deal
Deal terms: $150,000 for 45% equity and 50% voting interest, split by Jim Treliving and Michael Wekerle
Investing Dragons: Jim Treliving, Michael Wekerle
Category: Food and Drink

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