Dragons’ Den TrackerWhat Happened to Offblak After Dragons’ Den?
Offblak appeared on Dragons’ Den in 2021, Series 18 Episode 1. The business was a flavoured tea delivery service. They secured investment from Peter Jones on the show. The business is still active today.
The Pitch
Dmitry Klochkov and Jeong Cheol BAE walked into the Den in 2021 with a flavoured tea delivery service. They were asking for £70,000 in exchange for 10% of the business.
The pitch landed well enough in the Den that at least one Dragon decided to back it.
The Deal
A deal was struck on the show. Peter Jones offered £70,000 for 10% (7.5% as soon as investment is repaid), and Dmitry Klochkov and Jeong Cheol BAE accepted.
It’s worth noting that Dragons’ Den deals agreed on camera often go through further negotiation off-screen. Some complete as shown; others are renegotiated or never finalise at all. The company’s subsequent trading history is the clearest indicator of what actually happened.
What Happened After the Show
Offblak is one of those Den stories that actually lasted. The company has now been trading for around 5 years since the pitch.
Is Offblak Still in Business?
Yes. Offblak appears to still be trading.
Related Companies
If you’re curious about other businesses from the same episode, you might also want to look at Masterpeace, Nursem, Icebloc, Sunclipa. Each has its own story of what happened after the Den.
