Inventor secures Dragons Den Investment
Manchester-based start-up, pipeEasy Limited, has received a £41,000 investment after appearing on BBC Two’s Dragons’ Den.
Former floor-fitter/salesmen and founder of pipeEasy Limited, Teirnan McCorkell, went into the Den hoping for a £41,000 investment in exchange for a 15% stake in the business and his patent-pending product.
The inventor showed the Dragonsprototypes of his surfacing measuring tool and explained how the money would be spent on producing the tools for the DIY and trade markets.
Newest Dragon, Sara Davies was the only entrepreneur to make an offer. Sara proposed to invest the full amount of money in exchange for 30% of the business, which Teirnan accepted.
pipeEasy – The easy solution to cutting around pipes.
Founded by Teirnan McCorkell in 2018, pipeEasy is a unique surfacing measuring tool for both the DIYer and the experienced tradesperson. The simple and easy to use device allows its users to precisely cut around difficult pipework, giving a clean circular finish rather than a conventional typical square cut finish.