$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Matthew Gohl and Michael Hutchinson from Vancouver, BC, pitched Santevia in Season 20, Episode 8, asking the Dragons for $1M for 6.3% of the company.
- Asked for$1M for 6.3%
- Valuation$16Mimplied by the ask
- OutcomeNo dealwith Manjit Minhas, Michele Romanow and Wes Hall
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Michele Romanow | Out - felt the valuation was too high given the recent $6.3 million acquisition price | Withdrawn |
| Brian Scudamore | Out - worried about competitors catching on and doubted ability to help reach $100 million | Out |
| Manjit Minhas | $1,000,000 for 7% | Withdrawn |
| Wes Hall | Joined joint offer with Manjit Minhas and Michele Romanow | Withdrawn |
| Michele Romanow, Manjit Minhas, and Wes Hall | $1,250,000 for 10% (valuation of $12.5 million) | Declined |
This pitch was previewed at the end of the episode as a preview for the next episode and was not fully presented in this episode's transcript.
Pitch details from CBC’s Dragons’ Den pitch page.
Santevia today
- StatusIn businessLast checked September 2026
Santevia is still operating and sells through its website.