$1Mfor 10%
Protein Candy
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Lisa Delorme & Kristy Wieber from Toronto, ON, pitched Rent Frock Repeat in Season 7, Episode 7, asking the Dragons for $250K for 20% of the company.
Pitch details from CBC’s Dragons’ Den pitch page.
Rent Frock Repeat, an e-commerce designer dress rental company founded by Lisa Delorme and Kristy Wieber, did not end up completing the deal offered by Bruce Croxon and Jim Treliving in season 7 because the dress rental business was considered too new at the time. Since then the company found new investors after a pop-up shop in Ottawa, grown its membership from 12,000 to more than 60,000, tripled its revenue since first appearing on the show, and expanded with a second showroom location in Ottawa.
The deal with Bruce Croxon and Jim Treliving for 50% did not proceed because the dress rental concept was considered too new; Lisa Delorme and Kristy Wieber instead found two new lead investors after a pop-up shop in Ottawa, growing membership from 12,000 to more than 60,000 and tripling revenue since their Dragons' Den appearance.