Dragon’s Den Reject SendmyBag Scores £100K Angel Funding

The founder and CEO of SendmyBag, Adam Ewart was once on the UK television show Dragon’s Den – he asked for £100k for 5% equity in his business and was rudely ‘sent packing,’ with one of the Dragons saying “What investigation have you done to justify the most ridiculous, ludicrous, stupid, insane valuation?”

But recently, the company, which is based in Northern Ireland and helps air travelers travel light by providing a door-to-door luggage delivery service announced that it has received a round of angel funding from the Belfast-based angel investment firm Lough Shore Investments.

This just goes to show that one man’s rubbish is another’s treasure – the angels must have seen something in the business that the Dragons did not! So the lesson to be learned for entrepreneurs seeking funding is that if at first you fail, try, try and try again!

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