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Zambezi Board productDeal made in the Den

Dragons' Den Canada Season 12 · Episode 15

Zambezi Board

new invention

The ask$200,000for 20% of the business
Implied valuation$1Mask / equity
On-air resultDeal agreed
Founders: Justin, Gareth, Matt Schroenn

On the record

The deal, on the record

Zambezi Board pitched for $200,000 in return for 20% equity.

Season
12, ep 15
On-air outcome
Struck a deal
Deal terms
$200,000 for 20% plus an option on an additional 10% at the same valuation for two years
Category
Sports and Outdoors

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