Last updated on May 10, 2022
Caddle Inc. negotiating deal with four of Canada’s top investors
“It’s hard to imagine any animal emerging victorious against a den of dragons. Just don’t tell that to this rare breed of Caddle.”
The founders of Caddle, Inc. — a digital couponing app — appeared on CBC’s Dragons’ Den on Oct. 12. And they certainly had their fairy-tale ending.Caddle was seeking $125,000 for a 15per-cent stake in the company. After two dragon offers that included $120,000 for 20 per cent, the startup tried to lure all four dragons into their lair. In the end, four out of the five dragons came together to make a deal — offering to invest $125,000 in Caddle for 28 per cent of the company. The reality TV icons set the price higher given the group commitment.
Read more in the article by Toronto Star!
*Disclaimer: all data presented is owned by Caddle and has a Margin of Error of 1% or lower.
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