Manchester-based start-up pipeEasy has received a £41,000 investment after appearing on BBC Two’s Dragons’ Den.
Founded by Teirnan McCorkell in 2018, pipeEasy is a surfacing measuring tool for both the DIYer and the experienced tradesperson.
The device allows its users to precisely cut around difficult pipework, giving a clean circular finish rather than a conventional typical square cut finish.
Former floor-fitter/salesmen and founder of pipeEasy, 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 Dragons prototypes 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.