The pitch
What walked into the Den
Droplet, Pascal Pillon’s Burnaby-based maker of teardrop camping trailers designed with taller campers in mind, appeared in season 20, episode 7.
Offered equity for $300,000 in exchange for 20 percent, setting an implied value of $1,500,000.
After the show
What happened next
No aired verdict, so we verified the next best thing, which is current status.
The company is clearly active: our July 2026 visit found a live site with a build-your-trailer purchase flow, a working cart, financing and a rental program, and a stated history of more than 160 trailers built since 2017.
Our read
The Hub verdict
The valuation leans on a niche the founder knows well: three hundred thousand staked against a fifth of the business, a million-and-a-half valuation on a teardrop trailer built specifically for taller campers. Small-run vehicle makers rarely pitch huge numbers, and this one sits in credible territory.
With no aired verdict to work from, only the ask can be scored here. The status is convincing: a live order flow, financing and a rental option, plus a build history the company traces back to 2017. That confirms an active, order-taking business, which is a separate matter from whatever passed in the negotiation.
A credible niche valuation and a live build-and-buy flow.
Worth knowing: A functioning order flow confirms Droplet is selling in 2026; the on-air outcome is something the episode simply did not reveal.
