The founders of PipeSnug have an international patent and launched their first product in 2017. It prevents damp and cold from penetrating through external walls. The device is made in Britain and has sold over 50,000 units in the past year. The product has also been stocked in Screwfix and ToolStation, and costs less than PS10 online. Founder Chris Burdett and Alex Lever plan to present their product and company to the Dragons during the second episode.
Despite having a net worth of over PS1 million, Teirnan’s company had not yet performed. He asked for PS41,000 to invest in the business. The product had not performed as expected before the Dragons Den episode. The pitch was relaxed, and Teirnan even demonstrated the measuring tool. The pitch was won by Deborah Meaden, but the other three Dragons had their own opinions.
Touker Suleyman was one of the first Dragons to join the show in 2015. After graduating from university, Touker started working in a chartered accountancy firm. While doing audits, he was exposed to the fashion industry. At age 18, he joined a retail business and eventually established a clothing manufacturer, supplying big names on the British high street. The company was valued at PS40 million by the Sunday Times.