Founder Ayele Solomon explained on theBee D’Vine websitethat he has always had an interest in farming and environmental conservation.
Trees in the forest produced flowers with nectar, which Solomon knew would be perfect for honey wine.
Thus Bee D’Vine was born in 2014, and Solomon set up his winery in Napa Valley, California.
The conservationist debuted his unique beverage on season 12 of “Shark Tank” in 2020.
Spending less money in exchange for a quality product?
This seems to be a sure shot to entice the Sharks especially Kevin “Mr.
Wonderful” O’Leary, who owns his own winery.
What happened to Bee D’Vine Honey Wine on Shark Tank?
Solomon requested $750,000 from theShark Tankin exchange for 20% equity in Bee D’Vine.
The Sharks are quick to critique the price of Solomon’s honey wine.
However, the other Sharks are very interested in Bee D’Vine.
And you’re saving the bees."
The four Sharks challenge the entrepreneur with a new deal: $750,000 for 40% equity.
With this, they offer to support Bee D’Vine with publicity, sales, and recognizability within the market.
While details are unknown, Bee D’Vine Honey Wine still continued operating despite the loss.
The combination of COVID and the holidays, and the fact that the Sharks liked it."
The company is valued at $3.7 million as of 2023.
It also appears that Solomon didn’t completely take the Sharks' advice on the price of his bottles.
They also offer their own wine club, “Club D’Vine.”
The winery has a fairly successful following on their social media too.
Solomon also provides behind-the-scenes looks at their harvesting of honey on-site.
