Peggy Rain Ltd

Deal

Eco-friendly protection for washing lines

Season 21 · Ep 1 Green & CleanTechAired 4 January 2024

Peggy Rain Ltd is a eco-friendly protection for washing lines that got its big break on Dragons’ Den in Season 21, and convinced Touker Suleyman to invest.

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From the show

The Dragons’ Den pitch

£80K
Asked for: 45%
Offered equity: £178K
Sought valuation: £80K
Deal amount: 45%
Deal equity: £178K
Deal valuation

Founder Colin O’Brien stepped onto the carpet in Season 21, Episode 1 in the episode that aired 4 January 2024. Peggy Rain Ltd, the eco-friendly protection for washing lines, pitched in the Green & CleanTech category, one of 34 green & cleantech businesses to brave the Den across all 21 seasons.

The ask was £80,000 for 45% of the company, an implied valuation of £178K.

Touker Suleyman made the deal at £80,000 for 45% equity. The deal valued the company at £178K.

Season 21 saw 57 pitches, and 32 of them closed a deal on air. In the Green & CleanTech category overall, roughly 38% of pitches have landed a dragon across the show's history.

Touker Suleyman£80K

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Frequently asked questions

Where can I buy Peggy Rain Ltd?

Check current price and availability on Amazon. Note that some Dragons’ Den products are discontinued or sold under a new name.

Did Peggy Rain Ltd get a deal on Dragons’ Den?

Yes. Peggy Rain Ltd closed a deal for £80,000 in exchange for 45% equity, with Touker Suleyman.

Which dragon invested in Peggy Rain Ltd?

Touker Suleyman invested in Peggy Rain Ltd (£80,000 total as aired).

What season of Dragons’ Den was Peggy Rain Ltd on?

Peggy Rain Ltd appeared in Season 21, Episode 1, which aired 4 January 2024.

How much was Peggy Rain Ltd asking for on Dragons’ Den?

The founders asked for £80,000 for 45% of the company, a £178K valuation.

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