$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Shawn Korin from Montreal, QC, pitched LineIQ in Season 12, Episode 1, asking the Dragons for $240K for 24% of the company.
- Asked for$240K for 24%
- Valuation$1Mimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Jim Treliving | No paying customers yet, product deemed not viable | Out |
Shawn Korin of Montreal, QC asked for $240,000 for 24% of LineIQ, a system for waiting rooms that uses a mobile app to show customers their place in line, intended to let people leave and return, for instance to get coffee or walk a dog. The planned business model charges customers $1 each time they want to leave the queue and come back, and the ask was based on the value of a prototype.
When asked how many customers had paid the dollar fee, Shawn Korin said zero. Jim Treliving said the business had nothing to show and went out, and the remaining Dragons followed with no offers, leaving Shawn Korin without a deal.
Pitch details from CBC’s Dragons’ Den pitch page.
LineIQ today
- StatusOut of businessLast checked September 2026
LineIQ appears to have closed. Its products may no longer be available.