$1Mfor 10%
Protein Candy
Valued at $10M
Haven Fire Safety Suppression Device
Shawn Pringle, Matthew Perry & Michael McManus
Ottawa, ON
In businessSeason 10, Episode 12
The pitch
Shawn Pringle, Matthew Perry & Michael McManus from Ottawa, ON, pitched Haven Fire Safety Suppression Device in Season 10, Episode 12.
- Asked for100K for $5 royalty until recouped, then $1 in perpetuityplus a royalty
- Valuation–implied by the ask
- OutcomeDealwith Manjit Minhas and Jim Treliving
- Final deal$100Kplus a royalty: $1 per unit royalty until investment repaid, then $1 in perpetuity, split between two dragons
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Michael Wekerle | Praised the idea but declined to invest | Out |
| Michele Romanow | Liked the product but felt she couldn't help specifically | Out |
| Manjit Minhas | $100,000 for original $5/$1 royalty terms as asked | Accepted |
| Jim Treliving | Matched Manjit's offer of $100,000 for original royalty terms | Accepted |
Matthew Perry, Mike McManus, and Shawn Pringle, from Carleton Place, Ontario, asked for $100,000 in exchange for a $5 per unit royalty until the investment is repaid, dropping to $1 per unit in perpetuity thereafter, for the Haven, a self-contained fire-suppressant safety device installed in a 5.75 inch hole in a ceiling, rated for a 16 by 16 foot room and designed to slow the spread of house fires, particularly recommended for kitchens. The device is patent pending, costs $68 to produce, and has a suggested retail price of $189; the founders had 10,000 units pre-ordered but had run out of cash, with the manufacturing mold due to be completed in six weeks. The product had been well received at the Canadian Home Builders Association meeting for both retrofit and new-build markets.
Michael Wekerle and Michele Romanow both went out, citing personal experience with fires but no specific way to help. Manjit Minhas and Jim Treliving both offered the full $100,000 for the original royalty terms and were asked to combine into a single deal; the founders proposed a revised structure of a $1 per unit royalty after repayment for both dragons together, which Manjit Minhas and Jim Treliving accepted.
Pitch details from CBC’s Dragons’ Den pitch page.
Haven Fire Safety Suppression Device today
- StatusIn businessLast checked September 2026
Haven Fire Safety Suppression Device is still operating and sells through its website.