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Zapper productDeal made in the Den

Season 10 · Episode 7

Zapper

a service that buys used gadgets and media for cash

Zapper brought a service that buys used gadgets and media for cash to Dragons' Den in season 10. We follow the aftermath and whether it is still on sale.

The ask£250,000for 30% of the business
Implied valuation£833Kask / equity
On-air resultDeal agreed
Founder: Ben Hardyment

The pitch

What walked into the Den

Ben Hardyment brought Zapper to Dragons' Den in season 10, which aired in 2012.

In the pitch, Zapper asked the Dragons for £250,000 for 30% of the business, valuing the business at about £833,333.

After the show

What happened next

A deal was agreed on air for Zapper.

Our read

The Hub verdict

Ben Hardyment made one of the boldest asks in this batch: £250,000 for 30 percent of Zapper, the service that pays cash for used gadgets and media, a valuation north of £833,000. Theo Paphitis backed it.

A quarter-million-pound raise signals a business already operating at some scale, the kind of trade-in model that needs working capital to buy inventory before it can grow. Finding a single Dragon willing to write a cheque that size in one go is the rarer half of the story.

One of the boldest asks here, and Theo Paphitis backed it.