$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Cameron Rowe from Toronto, ON, pitched Hover in Season 18, Episode 7, asking the Dragons for $300K for 10% of the company.
- Asked for$300K for 10%
- Valuation$3Mimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Arlene Dickinson | Too early stage to invest | Out |
| Vincenzo Guzzo | Valuation far too high relative to revenue | Out |
| Manjit Minhas | Sees it as still just an idea with too much unresolved | Out |
| Wes Hall | $300,000 for 25% equity | Withdrawn |
| Michele Romanow | $300,000 for 22.5% equity (after negotiating down from an initial 20% counter) | Declined |
Cameron, from Toronto, asked for $300,000 for 10% of Hover, a drone delivery company that ran a weekend pilot on the Toronto Islands for four months, delivering restaurant orders within 15 minutes at $10 per delivery, with capacity for about 200 flights per drone per day. The company had $82,000 in revenue, only two restaurants onboarded, and Cameron had personally invested close to $100,000, while pitching a $3 million valuation and plans to expand to other remote and Indigenous communities.
Arlene Dickinson, Vincenzo Guzzo and Manjit Minhas went out over the early stage and inflated valuation. Wes Hall offered $300,000 for 25%, and after Cameron asked Michele Romanow to match a lower equity share, Michele Romanow offered $300,000 for 22.5%, but Cameron declined both offers because the equity ask was too high, and there was no deal.
Pitch details from CBC’s Dragons’ Den pitch page.
Hover today
- StatusOut of businessLast checked September 2026
Hover appears to have closed. Its products may no longer be available.