$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Ransom Hawley & Mick Higgins from St. Catharines, ON, pitched Caddle Inc. in Season 11, Episode 2, asking the Dragons for $125K for 15% of the company.
- Asked for$125K for 15%
- Valuation$833Kimplied by the ask
- OutcomeDealwith Michael Wekerle, Joe Mimran, Jim Treliving and Manjit Minhas
- Final deal$125K for 28%valued at $446K
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Michael Wekerle and Manjit Minhas | $125,000 for 20% jointly | Withdrawn |
| Joe Mimran | $125,000 for 15% | Withdrawn |
| Jim Treliving | $125,000 for 15% | Withdrawn |
| Michele Romanow | Has a non-compete in the space, out | Out |
| Michael Wekerle, Manjit Minhas, Joe Mimran, and Jim Treliving | $125,000 for 28% (7% each) | Accepted |
Ransom Hawley and Mick Higgins, from St. Catharines, ON, asked for $125,000 for 15% of Caddle, an app that pays consumers for engagement, including watching ads, completing surveys, and uploading purchase receipts. The company earns processing fees of 15 cents per completed ad and survey and 60 cents per receipt upload, has 20,000 users, and had generated $20,000 in revenue over five months with another $50,000 in signed revenue and upcoming meetings with McDonald's and Domino's; they aimed to reach 100,000 users by year end and 500,000 by 2018.
Michael Wekerle and Manjit Minhas offered $125,000 for 20% jointly, Joe Mimran offered $125,000 for 15%, and Jim Treliving offered $125,000 for 15%. Michele Romanow went out due to a non-compete from her own similar app. After negotiation, all four remaining Dragons, Michael Wekerle, Manjit Minhas, Joe Mimran, and Jim Treliving, joined together to offer $125,000 for 28%, split at 7% each, which Ransom Hawley and Mick Higgins accepted.
Pitch details from CBC’s Dragons’ Den pitch page.
Caddle Inc. today
- StatusIn businessLast checked September 2026
Caddle Inc. is still operating and sells through its website.