$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Roman Kremianski & Steve Long from Toronto, ON, pitched Chowdy in Season 11, Episode 20, asking the Dragons for $250K for 10% of the company.
- Asked for$250K for 10%
- Valuation$2.5Mimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Jim Treliving | Out; concerned about the high customer churn, with an average nine-week retention and full turnover within about four months | Out |
| Joe Mimran | Out; concerned meals were not fresh enough given twice-weekly delivery | Out |
| Manjit Minhas | Out; doubted the business could turn into real cash flow and questioned if they were the right founders | Out |
| Jim Treliving | Out; already out earlier in the pitch | Out |
| Michele Romanow | $250,000 for 25% of the company | Declined |
Roman Kremianski and Steve Long from Toronto pitched Chowdy, a healthy meal subscription service for working professionals, delivered or dropped off at downtown pickup hubs twice a week, seeking $250,000 for 10%. Launched in late 2014, Chowdy grew to over a million dollars in annual revenue within about a year, with 450 active weekly subscribers producing over 3,400 meals per week, a 30% gross margin, a 15% net margin, meals priced at $7.99 each, and an average customer retention of about nine weeks.
After winning a battle round against Agno Santé, Chowdy faced concerns from several Dragons about food freshness given twice-weekly delivery and high customer turnover; Jim Treliving, Joe Mimran and Manjit Minhas all went out. Michele Romanow offered $250,000 for 25%, but the founders had set a limit of not giving away more than 10% of the company and declined, leaving the business without a deal.
Pitch details from CBC’s Dragons’ Den pitch page.
Chowdy today
- StatusStatus unknownLast checked September 2026
We haven’t confirmed whether Chowdy is still operating.