$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Sarah Boland from Vancouver, BC, pitched Life Lapse in Season 13, Episode 13, asking the Dragons for $250K for 12.5% of the company.
- Asked for$250K for 12.5%
- Valuation$2Mimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Lane Merrifield | Did not believe this was an investable business | Out |
| Jim Treliving | Felt drive and dollars invested were not the same as a viable business | Out |
| Manjit Minhas | Felt the founder had not learned that success takes more than hope | Out |
| Vincenzo Guzzo | Said building a product and hoping people come is not realistic | Out |
| Michele Romanow | Felt the founder did not understand how hard it is to raise capital | Out |
Sarah Boland of Vancouver, BC asked the Dragons for $250,000 for 12.5% of Life Lapse, a video app that lets users capture personal time-lapse and stop-motion videos by stitching together short clips with an image-overlay feature to help align shots. The app had launched seven months earlier, reaching 60,000 downloads and about 500 daily active users with little marketing, and Sarah Boland had invested $85,000 of her own money, most of it going to a development company that built the app for far more than the initial $15,000 budget. The founder was in the process of pivoting the business toward creating branded video content for companies rather than remaining a consumer app, and valued the company at $2 million based on comparable company transactions.
Pitch details from CBC’s Dragons’ Den pitch page.
Life Lapse today
- StatusStatus unknownLast checked September 2026
We haven’t confirmed whether Life Lapse is still operating.