Shark Tank Pitch

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Bee D'Vine Shark Tank Update

2m

Food Beverage


Pitch Overview
NameBee D'Vine
Main PresentersAyele Solomon
Order Shown in Episode4
Final DealOffer made from sharks

Bee D'Vine Shark Tank Pitch

Ayele Solomon appeared on Shark Tank Season 12, Episode 5, which aired on November 12, 2020, with sustainably produced, barrel-aged honey wine from Sonoma Valley.

Bee D'Vine is listed in the Food Beverage category. In plain terms, the business is described as sustainably produced, barrel-aged honey wine from Sonoma Valley.

Bee D'Vine asked the Sharks for $750,000 for 20%, implying a valuation of about $3.8 million.

On the show, Bee D'Vine made a listed deal with Mark Cuban, Lori Greiner, and Robert Herjavec for $750,000 for 40%.

If treated as straight equity, the listed deal works out to about $1.9 million implied valuation, down from the original $3.8 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.


Offers

Made ByLabelSharks Part of DealSummary
SharksDealMark Cuban, Lori Greiner, Robert Herjavec$750,000 for 40%
CompanyOffered$750,000 for 20%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Bee D'Vine After Shark Tank

Bee D'Vine accepted an on-air Shark Tank deal for $750,000 for 40%. Later reporting says the deal did not close after filming. (Bee D'Vine Shark Tank Update

Link Preview

Bee D'Vine Shark Tank Update

https://www.sharktankblog.com/business/bee-dvine/

).

By July 2024, Bee D'Vine was reported at about $4 million in annual revenue. (Bee D'Vine Shark Tank Update

Link Preview

Bee D'Vine Shark Tank Update

https://www.sharktankblog.com/business/bee-dvine/

).

In June 2024, Bee D'Vine introduced a limited edition Fresca, a light, refreshing sparkling honey wine that’s also lower in alcohol. (Bee D'Vine Shark Tank Update

Link Preview

Bee D'Vine Shark Tank Update

https://www.sharktankblog.com/business/bee-dvine/

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

Link Preview

sharktankblog.com

https://www.sharktankblog.com/business/bee-dvine/

.


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