Teen's gift card startup lands £50,000 Dragons' Den deal

What's the deal? Caleb Slater, an 18-year-old entrepreneur from Northamptonshire, has secured a £50,000 angel investment for his startup Cards2CashDealroom has a profile for this one. Try Dealroom → after pitching on BBC One's Dragons' Den. He entered the Den seeking the sum in return for a 10% stake.

What does it do? Cards2Cash runs a marketplace that lets people sell unwanted gift cards for cash and buy others at a discount.

Who was in the room? Slater faced questions from investors Peter Jones, Deborah Meaden, Steven Bartlett, and Touker Suleyman, alongside guest Dragon Gary Neville. He left with multiple offers.

The signal: A televised deal gives a young founder both capital and a national platform — a combination that can prove as valuable as the cheque itself for an early-stage consumer startup.

Read more: thebusinessdesk.com

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