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Virtual Run Canada productOutcome not recorded

Dragons' Den Canada Season 16 · Episode 3

Virtual Run Canada

an online platform for virtual races and running challenges

Marc Roy pitched a virtual-race platform in season 16. We run the numbers and flag the sign the original business has moved on.

The ask$700,000for 20% of the business
Implied valuation$3.5Mask / equity
On-air resultNot recorded
Wound downFounder: Marc Roy

The pitch

What walked into the Den

Marc Roy of Ottawa launched Virtual Run Canada, a platform for virtual races and running challenges, and pitched it in season 16, episode 3.

He wanted $700,000 for 20 percent, a figure that placed the platform at $3.5 million.

After the show

What happened next

What the Dragons decided is not recorded in anything we can cite, and we let that gap stand rather than guess at a handshake.

The trail on the business itself has gone cold. Its old web address now redirects permanently to an unrelated apparel brand with no trace of Marc Roy or virtual races, which we read, alongside the domain handover, as the original venture no longer running under this name.

Our read

The Hub verdict

Seven hundred thousand dollars for 20 percent puts this virtual-race platform at $3.5 million, a valuation that leaned on the pandemic-era boom in at-home fitness, which was cresting right around when it aired.

The outcome was not shown, and the aftermath is the tell: the domain now forwards to an unrelated clothing brand that mentions neither the founder nor virtual races. We read that, together with the handover, as the original business no longer operating under this name, while making no claim about what the founder did next.

Worth knowing: A repurposed domain is strong but not absolute proof; we describe the brand as no longer operating here rather than making any claim about the founder's later work.