Livy Method

Gina Livy and Tony An, from Newmarket, Ontario, pitched the Livy Method, a 91-day online weight loss program focused on mindful eating rather than calorie counting, priced at $75, available through an app, a book, and a support community, seeking $250,000 for 3.5%. The program has over 135,000 members, was built almost entirely through organic referrals, and has generated $18 million in lifetime revenue since incorporating in 2021, including $1.1 million in its first six months, $5 million in its first full fiscal year, $6.1 million last year, and a projected $7.5 million this year, with no outside investment or debt to date.

Brian Scudamore went out citing the crowded and faddish weight loss industry, and Simu Liu went out saying he was not the right fit despite his interest. Wes Hall and Simu Liu first floated a joint $250,000 for 10% offer, and Manjit Minhas and Michele Romanow matched it, then Arlene Dickinson offered $250,000 for 4% with a $25,000 break fee; after Wes Hall's offer was withdrawn and Arlene Dickinson revised her offer to remove the break fee, Manjit Minhas and Michele Romanow revised their offer to $500,000 for 8%, which the founders accepted.

We haven’t confirmed whether Livy Method is still operating.