Bee Thinking is an urban beekeeping supplier. This was started by Matt Reed in 2008. As of November 2023, Bee Thinking’s net worth is $3.5 million. They’re pulling in a whopping $3.5 million in annual revenue.
In 2015 they appeared on Season 06 of Shark Tank USA seeking $400,000 for 10% of equity valuing the company at $4 million. But the Sharks were not interested in investing in Bee Thinking.
Sharks were impressed with Matt’s pitch for Bee Thinking. However, sharks decided not to invest in this business. Nevertheless, Bee Thinking made significant progress in business after its appearance on Shark Tank. The company rebranded into Bee Built in 2021. As of November 2023, Bee Built is actively running operations. Head to their website to get their products, and services.
Bee Thinking Net Worth
| Net worth | $3.5 million (2023) |
| Annual Sales Revenue | $3.5 million (2023) |
| Profits | $120,000 |
| Lifetime sales | – |
| Investor | – |
| Founder | Matt Reed |
| Employees | 11-50 |
Bee Thinking Net Worth Timeline
| Net Worth 2023 | $3.5 million |
| Net Worth 2022 | $3.5 million |
| Net worth valuation in 2015 before appearing on Shark Tank | $4 million (business valuation) |
Bee Thinking Pitch on Shark Tank
| Company name | Bee Thinking |
| Product | An urban beekeeping supplier |
| Episode | Season 06 Episode 24 |
| Founder | Matt Reed |
| Asked for | $400,000 for 10% equity |
| Final deal | No deal |
| Shark | None |
| Location | Portland, Orland |
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Bee Thinking Founder
Matt Reed founded Bee Thinking in 2008. Matt was initially an IT professional. Nonetheless, he also possesses entrepreneurial skills. Regardless of pursuing a technology-based career, Matt also had a great passion for Beekeeping. Along with his wife’s help, Matt could explore his entrepreneurial endeavor. Bee Thinking’s founder, Matt Reed, has an estimated net worth of 3.5 Million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2015 | The company was featured on Shark Tank |
| 2021 | After taking a temporary break due to excessive demand, the company was relaunched in 2021 as Bee Built |
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 Thinking and its continued success.