Biggest Dragons’ Den Losses

The highest-valued pitches in Dragons’ Den history that have since closed, ranked by the valuation they asked for.

  1. W Star

    Patrick Tetreault and Alain Lavoie · Montreal, QC · Season 20, Episode 5

    Asked $1M for 2%, a $50M valuation · Closed

    Patrick Tetreault and Alain Lavoie from Montreal pitch their wheels to the Dragons.

  2. Aitken Frame Homes

    Kim Aitken and Patrick Forde · Bracebridge, ON · Season 14, Episode 9

    Asked $700K for 5%, a $14M valuation · Closed

    Kim Aitken and Patrick Forde from Bracebridge, ON, pitch their housing frames.

  3. Eagle Energy

    Elliot Mashford, Thierry Schmidt · Vancouver, BC · Season 13, Episode 6

    Asked $750K for 6%, a $12.5M valuation · Closed

    Elliot Mashford and Thierry Schmidt from Vancouver, B.C., pitch their plant-based caffeine inhaler to the Dragons.

  4. Fero Face Fit

    Zuza & Aga Fero · London, ON · Season 8, Episode 8

    Asked $1M for 10%, a $10M valuation · Closed

    Zuza and Aga Fero from London, ON, pitch their all-natural face cream to the Dragons.

  5. Fiix

    Khallil Mangali, Arif Banji, Zain Manji & George Marji · Toronto, ON · Season 12, Episode 5

    Asked $100K for 1%, a $10M valuation · Closed

    Khallil Mangali, Arif Banji, Zain Manji and George Marji from Toronto, Ont., pitch their on-demand auto repair service in the Den.

  6. Excir Works

    Stephen Foley, Graham Fritz, Hiwa Salimi, Loghman Moradi · Calgary, AB · Season 13, Episode 1

    Asked $1M for 10%, a $10M valuation · Closed

    Stephen Foley, Graham Fritz, Hiwa Salimi and Loghman Moradi from Calgary, Alta., reveal a way to turn electronic waste into gold.

  7. Dex10

    Geoff Dodsworth · Calgary, AB · Season 15, Episode 9

    Asked $1M for 10%, a $10M valuation · Closed

    Geoff Dodsworth from Calgary, AB, pitches his furniture selling business with a modern twist.

  8. Mylo

    Phil Barrar, Liam Cheung · Montreal, QC · Season 12, Episode 19

    Asked $400K for 5%, a $8M valuation · Closed

    Phil Barrar and Liam Cheung from Montreal, Que., pitch their financial savings platform to the Dragons.

  9. ParkedAuto

    Michael O’Dwyer and Socrates Alvarez · Red Deer, AB · Season 17, Episode 1

    Asked $800K for 10%, a $8M valuation · Closed

    Michael O’Dwyer and Socrates Alvarez from Red Deer, AB, pitch their concierge app for vehicles in need of servicing.

  10. Limitless Manufacturing

    Chase Van Buuren · Kelowna, BC · Season 16, Episode 6

    Asked $1M for 15%, a $6.67M valuation · Closed

    Chase Van Buuren from Kelowna, BC, pitches his tonneau truck covers.

  11. Solus Robots

    Jeffrey Zajac · Vaughan, ON · Season 11, Episode 7

    Asked $1.5M for 25%, a $6M valuation · Closed

    Jeffrey Zajac looks for investment in his multi-functional life-size robot business.

  12. SmartyPantz

    Dan Civiero & Chris Ricard · Vancouver, BC · Season 10, Episode 12

    Asked $500K for 10%, a $5M valuation · Closed

    An escape room business says it needs the Dragons to help break into a secured market.

  13. CanGenX BioTech

    Geoff White · Penticton, BC · Season 13, Episode 5

    Asked $250K for 5%, a $5M valuation · Closed

    Geoffery White from Penticton, B.C., presents his nutrient rich solution for growing Cannabis plants.

  14. Ramea Barrier Walls

    Francis Allard and Oliver Payette · Saint-Roch-de-l'Achigan, QC · Season 14, Episode 7

    Asked $400K for 8%, a $5M valuation · Closed

    Francis Allard and Oliver Payette from Saint-Roch-de-l'Achigan, Que., pitch their sound barrier green wall.

  15. Kid-Drop

    Julieta Mirand · Fort McMurray, AB · Season 18, Episode 10

    Asked $500K for 10%, a $5M valuation · Closed

    Julieta Miranda from Fort McMurray, AB, presents her child transportation service.

  16. Vizard

    Olga Sem, Vladimir Semenov · Calgary, AB · Season 13, Episode 7

    Asked $1.3M for 30%, a $4.33M valuation · Closed

    Olga Sem and Vladimir Semenov from Calgary, Alta., perform their theatrical show in the Den.

  17. Lazy Life Paris

    Chiraz Kassardijan and Alex Bezjian · Montreal, QC · Season 14, Episode 9

    Asked $400K for 10%, a $4M valuation · Closed

    Chiraz Kassardijan and Alex Bezjian from Montreal, Que., seek capital for their bean bag chairs.

  18. Smartbinio

    Hamoun Karami · Toronto, ON · Season 16, Episode 7

    Asked $200K for 5%, a $4M valuation · Closed

    Hamoun Karami from Toronto, ON, pitches his waste tracking technology.

  19. FacyLift Rhinus

    Ricardo Fuenmayor · Oshawa, ON · Season 13, Episode 7

    Asked $1M for 33%, a $3.03M valuation · Closed

    Ricardo Fuenmayor from Oshawa, Ont., seeks an investment in his face lift implant.

  20. Mutually Independent Arm and Leg Exercise Device

    Frank Rosati · Niagara Falls, ON · Season 8, Episode 8

    Asked $300K for 10%, a $3M valuation · Closed

    Frank Rosati from Niagara Falls, ON, enters the Den with his exercise device.

  21. Blender Boyz

    Jim Jackson · Toronto, ON · Season 11, Episode 12

    Asked $300K for 10%, a $3M valuation · Closed

    Jim Jackson serves up some of his single serve drink mixes in the Den.

  22. Hover

    Cameron Rowe · Toronto, ON · Season 18, Episode 7

    Asked $300K for 10%, a $3M valuation · Closed

    Cameron Rowe from Toronto pitches his drone delivery service.

  23. It’s Hotdog Time!

    Dizajen Mabaylan · Edmonton, AB · Season 19, Episode 12

    Asked $150K for 5%, a $3M valuation · Closed

    Dizajen Mabaylan presents her gluten-free red Filipino hotdogs.

  24. Stunt Buxx

    Ryan Bennett & Rita Bennett · Vancouver, BC · Season 8, Episode 4

    Asked $250K for 10%, a $2.5M valuation · Closed

    Ryan and Rita Bennett from Vancouver, BC, enter the Den to pitch their web-based business.

  25. Iconic Brewing Company (formerly Sage Mixology)

    Cam McDonald, Bobby Besant & Daniel Bartek · Oakville, Kitchener-Waterloo and Toronto, ON · Season 9, Episode 17

    Asked $500K for 20%, a $2.5M valuation · Closed

    Cam McDonald from Oakville, ON, Bobby Besant from Waterloo, ON, and Daniel Bartek from Toronto, ON, brave the Den with their perfect pour, mixed drink.

  26. Snug Vest

    Lisa Fraser · Vancouver, BC · Season 9, Episode 19

    Asked $500K for 20%, a $2.5M valuation · Closed

    Lisa Fraser from Vancouver, BC, enters the Den with an inflatable vest that hugs you to relieve anxiety.

  27. Zeronext

    Mathieu Desjardins & Claude Pinet · Montreal, QC · Season 9, Episode 19

    Asked $500K for 20%, a $2.5M valuation · Closed

    Mathieu Desjardins and Claude Pinet from Montreal, QC, pitch their artistic wall wine cellar to the Dragons.

  28. Brash87

    Jibin Joseph & Donald Brashear · Kingston, ON · Season 10, Episode 14

    Asked $500K for 20%, a $2.5M valuation · Closed

    Business partners hope to score big in the Den for their new low-cost hockey gear.

  29. Superior Bidet

    Edward Barrett, Mark & Carlos Barrozzi · St. John's NL, Miami FL · Season 12, Episode 14

    Asked $250K for 10%, a $2.5M valuation · Closed

    Edward Barrett from St. John's N.L., and his brothers Carlos and Mark Barrozzi from Miami, Fla., pitch their bidet system in hopes of getting a deal from the Dragons.

  30. Slide’em Inc.

    Lawrence Crook, Corey Watkinson · Barrie, ON · Season 12, Episode 19

    Asked $250K for 10%, a $2.5M valuation · Closed

    Lawrence Crook and Corey Watkinson pitch their smart glove technology in the Den.

  31. Haystax Mortgage

    Paul Therien · Vancouver, BC · Season 14, Episode 2

    Asked $500K for 20%, a $2.5M valuation · Closed

    Paul Therien and Conni Smudge from Vancouver, BC, pitch their online mortgage system.

  32. Norden

    Mayer Vafi · Laval, QC · Season 14, Episode 7

    Asked $250K for 10%, a $2.5M valuation · Closed

    Mayer Vafi from Laval, Que., pitches his outerwear made from recycled plastic.

  33. XXL & Co

    Tina Nguyen · Belleville, ON · Season 18, Episode 9

    Asked $500K for 20%, a $2.5M valuation · Closed

    Tina Nguyen from Belleville, ON, pitches her oversized scrunchies and hair products.

  34. AV Practical Solutions

    Aaron Varolin · Toronto, ON · Season 8, Episode 18

    Asked $775K for 33%, a $2.35M valuation · Closed

    Aaron Varolin from Toronto, ON enters the Den to pitch an invention he says makes it easier to throw out kitchen waste.

  35. Raven Hockey Inc.

    Guillermo Salazar, Dan Piling & Sean Rielly · Calgary, AB · Season 11, Episode 3

    Asked $450K for 20%, a $2.25M valuation · Closed

    Guillermo Salazar, Dan Piling, and Sean Rielly brave the Den with their specialized hockey sticks for kids.

  36. Vitality Air

    Moses Lam, Troy Paquette & Roland Hung · Edmonton, AB · Season 11, Episode 17

    Asked $220K for 10%, a $2.2M valuation · Closed

    Moses Lam, Troy Paquette, and Roland Hung pitch their canned air product to the Dragons.

  37. Snoobe

    Thierry Marechal & Patrick Préfontaine · Montreal, QC · Season 9

    Asked $200K for 10%, a $2M valuation · Closed

    Thierry Marechal and Patrick Préfontaine from Montreal, QC, present their app that helps users find the best mobile phone plans.

  38. Daily Delivery

    Fez & Sal Rismani · Vancouver, BC · Season 10, Episode 1

    Asked $200K for 10%, a $2M valuation · Closed

    Fez and Sal Rismani's crowdsourced delivery service, which took a deal with Joe Mimran and Michele Romanow earlier in season 10, had grown staff from 3 to 11, tripled its registered delivery drivers, quadrupled its number of partner stores, and roughly doubled its daily order volume. The company rebranded its consumer-facing product as Grabbit and planned to expand into Toronto, Montreal and Calgary over the following year. Daily Delivery, which sealed a deal with Michele Romanow and Joe Mimran in season 10, has grown from three to 25 employees and moved into a larger office in Gastown, Vancouver. The company has tripled its sales, expanded nationally through a partnership with Penguin Pickup, is licensing its software to other delivery companies, and secured a major deal to provide delivery services for Walmart, with Michele Romanow directly involved in the negotiations.

  39. Jump On Flyaways

    Roger & Sean Jewett · Calgary, AB · Season 10, Episode 8

    Asked $400K for 20%, a $2M valuation · Closed

    A father-son team think sales will take flight if they can get a Dragon partner on board.

  40. Suncoat Products

    Yingchun Liu · Guelph, ON · Season 10, Episode 19

    Asked $300K for 15%, a $2M valuation · Closed

    A chemist looks to add a Dragon partner into the mix for her kid-friendly business.

Status is based on our latest check of each business’s website. Spotted something out of date? Let us know at the email in the footer.