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Ep 2 Dragons' Den SA: Shane and Justin

News
01 October 2014
Shane and Justin's pitch profile.
Names: Shane and Justin

Industry: Canvass

Company: Moxi Wall

Product: washable whiteboard wall paint

Equity for cash: R300 000 for 20% equity

Pitch:

Moxi Wall was developed as a cheaper, modern and convenient alternative to the traditional whiteboard. Initially graduates Shane and Justin would install the whiteboard alternative for their clients. They've now packaged the product for easer over-the-counter purchase. This was followed by a brand revamp and a website.

The product comes as a DIY kit with a user-friendly guide and is available in various surface colours and designs. The founders reckon this a great way to avoid the problem of running out of board space. In two years of operating as a service, Moxi Wall has made a profit of more than R300 000 and are looking for investment to market their new product.



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