Bee D’Vine, founded by Ayele Solomon, appeared on “Shark Tank” in 2020, seeking $750,000 for 20% equity. The Sharks offered $750,000 for 40%, but the deal was not finalized.
Despite this, the company experienced significant growth, with sales increasing by 250% by 2022. As of 2024, Bee D’Vine is valued at approximately $1.2 million.
The company continues to operate, offering a range of honey wines and maintaining a commitment to sustainability and environmental conservation.
Bee D’Vine Net Worth
Estimated Net worth | $1.2 million (2024) |
Annual Sales Revenue | $115,000 (2022) |
Lifetime sales | Not available |
Investors | Mark Cuban, Lori Greiner, Robert Herjavec, Daniel Lubetzky |
Founder | Ayele Solomon |
Employees | 10 to 20 |
Bee D’Vine Pitch on Shark Tank
Company name | Bee D’Vine |
Product | sustainably produced, barrel-aged honey wine from Sonoma Valley |
Episode | Season 12 Episode 05 |
Founder | Ayele Solomon |
Asked for | $750k for 20% Equity |
Final deal | $750k for 40% Equity |
Sharks | Mark Cuban, Lori Greiner, Robert Herjavec, Daniel Lubetzky |
Location | Sonoma, California, United States |
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Bee D’Vine Founder
Ayele Solomon founded Bee D’Vine in 2014. Ayele comes from farmers in Ethiopia. He grew up and worked in Safari of Kenya. Bee D’Vine’s founder, Ayele Solomon, has a net worth of $1.5 Million USD as of 2024.
Key accomplishments
Year | Accomplishment |
2020 | Bee D’Vine has made it to TIME’s List of the 100 Best Inventions. |
2020 | Bee D’Vine appeared on Shark Tank. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business. They have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Bee D’Vine and its continued success.