$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Victor Tam and Hubert Chan from Vancouver, BC, pitched Monos in Season 16, Episode 9, asking the Dragons for $1.6M for 10% of the company.
- Asked for$1.6M for 10%
- Valuation$16Mimplied by the ask
- OutcomeDealwith Michele Romanow
- Final deal$1.6M for 15%valued at $10.67M
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Vincenzo Guzzo | No differentiation seen in the luggage versus competitors | Out |
| Arlene Dickinson | $1.6 million for 20% | Declined |
| Michele Romanow | $1.6 million for 15% | Accepted |
| Wes Hall | $1.6 million for 15% | Declined |
| Manjit Minhas | joined with Wes Hall, $1.6 million for 15% combined | Declined |
Victor Tam and Hubert Chan of Vancouver, BC pitched Monos, a direct-to-consumer luggage and travel goods brand, asking for $1.6 million for 10% of the company. The luggage is made from 100% virgin polycarbonate and priced between $240 and $450, sold online. The company grew 500% in a year, finishing 2019 with $1.3 million in revenue and 2020 with $8 million, partly due to a pivot to producing a UVC sterilizer device during the pandemic. They project $24 million in revenue for the current year and aim for $100 million in annual revenue by 2023.
Vincenzo Guzzo went out, citing no clear differentiation from competitors in the luggage space he already works in. Arlene Dickinson offered $1.6 million for 20%, Wes Hall and Manjit Minhas jointly offered $1.6 million for 15%, and Michele Romanow offered $1.6 million for 15% on her own. The founders chose to accept Michele Romanow's solo offer over the joint offer from Wes Hall and Manjit Minhas.
Pitch details from CBC’s Dragons’ Den pitch page.
Monos today
- StatusIn businessLast checked September 2026
Monos is still operating and sells through its website.