Zygg E-Bikes

subscription electric bike service

The ask$1,000,000for 15% of the business

Implied valuation$6.7Mask / equity

On-air resultDeal agreed

Founder: Kevin McLaughlin

On the record

The deal, on the record

Zygg E-Bikes pitched for $1,000,000 in return for 15% equity.

Season: 16, ep 1
On-air outcome: Struck a deal
Deal terms: $1.2 million for 15% with a $200,000 break fee if the deal does not close
Category: Sports and Outdoors

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