🍁 Dragons' Den Canada · Season 6, Episode 9 · 2011

Lyoness

A Brampton, ON, man wants Dragon dollars to grow his cash empire

Founder: Andy Nyakas Category: Kids/Toys

Asked 175K

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About Lyoness

Lyoness International AG was a multi-level marketing company established in Austria in 2003. According to Lyoness, the company was active in more than 40 countries, spread over six continents, and their shopping community consisted of more than five million members as of 2016. In several countries Lyoness is suspected as being, or ruled as being, a pyramid scheme. In 2023, Lyoness International AG and Lyoness Europe AG, which served as umbrella companies for the Lyoness business model, filed for insolvency. The company was succeeded by MyWorld International AG. The Lyoness name continues to be used in legal, financial, and structural contexts in several markets.

Source: Wikipedia · Public domain

The Story

A Brampton, ON, man wants Dragon dollars to grow his cash empire.

The Pitch on Dragons' Den Canada

Lyoness appeared on Dragons' Den Canada (Season 6, Episode 9) in 2011. Andy Nyakas pitched the product to the Dragons. Asked 175K.

Where they are now: Outcome not recorded on CBC archive.

Frequently Asked Questions

Is Lyoness still in business?

Outcome not recorded on CBC archive.

Who founded Lyoness?

Lyoness was founded by Andy Nyakas.

Did Lyoness get a deal on Dragons' Den Canada?

Yes — Asked 175K.

Where can I buy Lyoness?

Lyoness is available on Amazon and eBay. We compare current prices across both at our /results page — link below.

Related from Dragons' Den Canada

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