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What Happened to Toucan Giving After Dragons’ Den?

Toucan Giving appeared on Dragons’ Den in 2022, Series 19 Episode 7. The business was a app donating to charities. They secured investment from Steven Bartlett on the show. The company went into liquidation in 2023.

The Pitch

Matthew Crate and Melody Truong walked into the Den in 2022 with a app donating to charities. They were asking for £85,000 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. Steven Bartlett offered £85,000 for 10%, and Matthew Crate and Melody Truong 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

Toucan Giving did not survive long-term. The company was dissolved in 2023 — just a year after appearing on the show.

This is not an unusual outcome. The majority of businesses that appear on Dragons’ Den, deal or no deal, don’t make it in the long run. The show can provide a platform and capital, but it can’t substitute for a sustainable business model.

Is Toucan Giving Still Available?

No. Toucan Operations Limited is no longer in business. Companies House records show the company is in liquidation.

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at Bottle Shot Brew, Turbo Rocks, Green Bell Packaging. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
liquidation
Company Number
12280186
Registered Name
TOUCAN OPERATIONS LIMITED
Incorporated
2019-10-24
Company Type
ltd
SIC Codes
62090, 63990
Registered Address
3 Field Court, Gray's Inn, London, WC1R 5EF
Accounts
micro-entity (period ending 2021-12-31)
Latest Financials
Total Assets Less Liabilities
£604901
Employees
4
Period
2020-11-01 to 31 December 2021
Officers
  • BARRETT, John Arthur — director
    28, St. Lukes Avenue, Ramsgate, Kent, CT11 7JY, England
  • CRATE, Matthew Peter — director
    Flat 3, 51 Fox Hill, London, SE19 2XE, England
  • KING, David Anthony James — director
    Polhemsgatan, 6, Stockholm, 112 36, Sweden