BeeSweet Lemonade Shark Tank Net Worth 2023

Bee Sweet Lemonade appeared on Shark Tank seeking an investment of $60,000 in exchange for a 10% stake in the company, giving it a net worth of $600,000.

Mark Cuban agreed to invest $60,000 for a 25% stake in Bee Sweet Lemonade.

Since appearing on Shark Tank, the popularity of Bee Sweet Lemonade has increased dramatically and its sales have raised by 350 times. As of 2023, the net worth of Bee Sweet Lemonade is $5 million.

What is Beesweet Lemonade? Who is the Founder of BeeSweet Lemonade?

For over a decade, BeeSweet Lemonade has been producing pre-made lemonade sweetened with local honey from bees.

As part of their commitment to bee preservation and conservation, a portion of their sales is donated to these causes.

Their lemonade recipe incorporates honey instead of sugar or artificial sweeteners and is available in five different flavors.

Mikaila Ulmer is the CEO and founder of Me & the Bees Lemonade. Her journey began when she was only four years old and got stung by bees twice in a few days.

Despite her initial fear of bees, Mikaila researched and discovered their crucial role in the environment, which inspired her to start her own lemonade business while emphasizing environmental preservation.

Mikaila is now a high school student who travels to various events to talk about social entrepreneurship and bee conservation.

She is also the founder of the Healthy Hive Foundation, a non-profit organization dedicated to the conservation of pollinators.

Her passion for saving bees from extinction stems from her desire to create a positive impact on the environment.

Mikaila’s success story began with youth entrepreneurship activities and a lemonade stand outside her house.

Her business has now expanded and her Bee Sweet Lemonade can be found in various stores, including Whole Foods Markets, TOMS, Peoples Rx, MAX’s Wine Dive, Farmhouse Delivery, Quickie Pickie, East Side Pies, Barton Hills Market, Henri’s, and The Natural Gardener.

In addition to her business ventures, Mikaila has written a book called “Bee Fearless, Dream Like a Kid,” which was published by Penguin Random House. She is also inspired by being her own boss and having the ability to generate her own income.

Beesweet Lemonade Shark Tank Pitch

In search of $60,000 for a 10% stake in their company, Mikaila, and her father made an appearance on Season 6, Episode 23 of Shark Tank. This would give their company a $600,000 valuation.

During their pitch, Mikaila emphasized that her lemonade is not only delicious but also healthy, thanks to the inclusion of flaxseed, which has been shown to benefit bee populations. Lori was impressed with Mikaila’s composure as she distributed samples to the Sharks.

When asked about their sales, Mikaila revealed that they had only made a little over $25,000 in the previous year. However, the Sharks were pleased to learn that their lemonade was being sold in Whole Foods stores.

When asked about the secret ingredient, flaxseed, Mikaila said she would only reveal it to her business partner.

Mikaila’s father explained that he had a background in marketing and that the lemonade stand was his second full-time job.

Daymond was curious about how they planned to use the $60,000, to which Mikaila responded that they would use it to increase production and expand into the Southwest.

After some deliberation, only Daymond made an offer of $60,000 for a 25% stake, with the condition that his East Coast distributor could sell Beesweet Lemonade in their stores.

Mikaila agreed, and after the show aired, their sales increased by more than 350%.

Beesweet Lemonade secured an $11 million distribution deal with Whole Foods, and as of August 2021, they had yearly revenue of $5 million and were available in over 1,500 locations nationwide.

Mikaila even had an update section in Season 12, Episode 1206, where she shared the company’s rebranding to Me and the Bees.

Beesweet Lemonade Shark Tank Updates

Bee Sweet Lemonade is a company that appeared on Shark Tank Season 6 and made a deal with Daymond John. The company was seeking $60,000 for 10% equity and ended up accepting $60,000 for 25% equity from Daymond John.

Bee Sweet Lemonade produces four flavors of lemonade – mint, half tea & half lemonade, ginger, and prickly pear – and uses flaxseed as a special ingredient to provide additional nutritional benefits.

After a copyright issue was discovered, the company changed its name to Me & The Bees Lemonade. The company secured an $11 million distribution contract with Whole Foods Market in April 2023.

As of October 2022, the company is doing $5 million in annual revenue and the lemonade is sold in 1,500 stores nationwide, including Whole Foods, Wegmans, and The Fresh Market.

Mikaila Ulmer, the founder of Me & The Bees Lemonade, has received recognition for her entrepreneurial spirit and dedication to saving bees. She met the president and first family at the 2015 White House Children’s State Dinner.

In season 12, episode 06 of Shark Tank, Mikaila updated the Sharks on her business and rebranded as Me & The Bees Lemonade.

Beesweet Lemonade Net Worth

Mikaila and her father appear on Shark Tank season 6 episode 23 in search of $60,000 for a 10% stake in their company. This equates to a $600,000 valuation.

They accepted an offer from Daymond of $60,000 for a 25% stake which brings the valuation to $240,000.

Beesweet Lemonade Competitors?

There is no competitor identified for Beesweet Lemonade.

BeeSweet Lemonade Shark Tank Net Worth 2023

CATEGORY	VALUE
Company Name	Me & The Bees Lemonade
Founder	Mikaila Ulmer
Shark Tank Season	6
Shark	Daymond John
Amount Requested	$60,000
Amount Received	$60,000
Equity Offered	25%
Valuation	$240,000
Net Worth 2023	$5 million
Annual Revenue (2022)	$5 million
Stores	1,500 nationwide, including Whole Foods, Wegmans, and The Fresh Market
Special Ingredient	Flaxseed
Flavors	Mint, Half Tea & Half Lemonade, Ginger, and Prickly Pear
Notable Achievements	$11 million distribution deal with Whole Foods Market, author of “Bee Fearless, Dream Like a Kid,” and founder of the Healthy Hive Foundation

Beesweet Lemonade FAQS

What Is Beesweet Lemonade Shark Tank?

BeeSweet Lemonade is a line of fresh-squeezed lemonade drinks sweetened with Texas wildflower honey, flaxseed, and mint, founded by Mikaila Ulmer and her dad, Theophilus Ulmer.

Mikaila got interested in bees when she got stung at age four and learned more about honeybees and how integral they are to the environment. BeeSweet Lemonade appeared on Season 6, Episode 23 of Shark Tank, seeking $60,000 for a 10% stake in the company.

The lemonade became so popular that they were selling the drink in various locales and restaurants around Austin, like Quickie Pickie and Whole Foods Markets.

Daymond John made a deal with Mikaila and her dad at $60,000 for 25%, but only if John’s distributor on the East Coast could get stores to carry the product. After appearing on Shark Tank, the company achieved success in retailers like Target and Whole Foods.

The company rebranded to Me & the Bees Lemonade due to copyright issues, but the honey-spiked drink is still available. Today, Me & the Bees Lemonade is one of the most known lemonade brands in grocery stores, with nearly 6,000 “points of distribution”.

The company has also expanded its product line to include flavors like prickly pear and tea and lemonade.

Mikaila and her company are dedicated to helping and saving bees, and part of the proceeds from Me & the Bees Lemonade go towards organizations that support bees.

The company has achieved great success since its appearance on Shark Tank, and its mission to protect bees and the environment has resonated with customers.

How Does Beesweet Lemonade Shark Tank Work?

BeeSweet Lemonade is a line of fresh-squeezed lemonade drinks sweetened with Texas wildflower honey, flaxseed, and mint, created by Mikaila Ulmer and her dad, Theophilus Ulmer.

Mikaila got interested in bees when she got stung at age four, and her grandma sent her some cookbooks about bees.

She decided to create a lemonade business and sweeten her lemonade with honey instead of sugar or artificial sweetener, which would be healthier, save the bees, and support beekeepers.

Me & the Bees Lemonade, formerly known as BeeSweet Lemonade, donates a portion of its profits to organizations fighting to save honeybees, which pollinate the crops making up about a third of American food groups.

Mikaila and her dad appeared on Shark Tank seeking $60,000 for a 10% stake in Bee Sweet Lemonade. She explained that her lemonade is not only good but also good for you, and talked about using flaxseed as an ingredient that supports bee populations.

She handed out samples, and Lori said she was impressed with her composure. Daymond John offered $60,000 for 25% on the condition that his east coast distributor could get it into stores, and Mikaila accepted.

As of June 2022, the company revenues $5 million annually. In April 2023, Bee Sweet Lemonade announced an $11 million distribution contract with Whole Foods Market.

What Happened To Beesweet Lemonade Shark Tank?

BeeSweet Lemonade, founded by Mikaila Ulmer, appeared on Shark Tank in Season 6, Episode 23, seeking $60,000 for a 10% stake in the company.

The sharks were impressed with Mikaila’s composure, and the company had generated a little over $25,000 in sales the previous year. Mark Cuban agreed to invest $60,000 for a 25% stake in BeeSweet Lemonade.

After appearing on Shark Tank, BeeSweet Lemonade became very popular and was sold in various locales and restaurants around Austin, like Quickie Pickie and Whole Foods Markets. The company rebranded to Me & the Bees Lemonade due to copyright issues.

As of October 2022, the company is doing $5 million in annual revenue and is in 1,500 stores nationwide, including Whole Foods, Wegmans, and The Fresh Market.

In Season 12, Episode 6, Mikaila Ulmer appeared on Shark Tank again, now as a very grown-up entrepreneur, to update the Sharks on her business and rebrand to Me & the Bees.

In April 2023, Me & the Bees Lemonade announced an $11 million distribution contract with Whole Foods Market.

Is Beesweet Lemonade Shark Tank Still In Business?

Yes, BeeSweet Lemonade from Shark Tank is still in business. The company has rebranded to Me & the Bees Lemonade due to copyright issues. The lemonade is produced with flaxseed, providing additional nutritional benefits.

The company has secured an $11 million distribution contract with Whole Foods Market. The lemonade is available in over 1,500 locations, supermarkets, and departmental stores.

As of October 2022, the company is doing $5 million in annual revenue. The business continues to generate reasonable sales annually, and products are available on Amazon as well as the Me & The Bees website. The company has achieved success in retailers like Target and Whole Foods.

What Is The Current Valuation Of Beesweet Lemonade Shark Tank?

BeeSweet Lemonade appeared on Shark Tank seeking a $60,000 investment for a 10% stake in their company, which was valued at $600,000.

Mark Cuban agreed to invest $60,000 for a 25% stake in BeeSweet Lemonade. As of 2023, BeeSweet Lemonade’s net worth is reported to be $5 million, and it generates $5 million in yearly revenue.

BeeSweet Lemonade is a company that produces natural lemonade sweetened with locally-sourced honey and flaxseed. The company was founded by Mikaila Ulmer when she was nine years old.

BeeSweet Lemonade has a distribution contract with Whole Foods Market and is sold in over 1,500 locations, supermarkets, and departmental stores. A portion of their sales is donated to bee conservation efforts.

In 2020, BeeSweet Lemonade rebranded as Me & the Bees Lemonade. The company’s popularity has increased dramatically since its appearance on Shark Tank, and it has grown to generate $5 million in yearly revenue.

Mikaila Ulmer, the founder of BeeSweet Lemonade, has an estimated net worth between $1-5 million.

How much was she seeking in the Shark?

Mikaila and her father appeared on Shark Tank season 6 episode 23 in search of $60,000 for a 10% stake in their company. This equates to a $600,000 valuation.

Did they get the deal from the Shark Tank?

She accepted an offer from Daymond of $60,000 for a 25% stake which brings the valuation to $240,000.

Has she written a book about Beesweet Lemonade?

Yes, Mikaila wrote a book called ‘Bee Fearless

When was BeeSweet Lemonade aired on Shark Tank?

Beesweet Lemonade was featured on season 6 Episode 23 of Shark Tank on March 20th, 2015.

Where is BeeSweet Lemonade based?

Beesweet Lemonade is based in Austin, Texas.

What exactly is flaxseed?

Flaxseed is a miracle seed derived from flax that is one of the world’s oldest fibre crops, having been produced in ancient Egypt and China.

Flaxseed contains omega-3 fatty acids and antioxidants; a recent study suggests eating flaxseed may also help lessen the risk of diabetes, cancer, and heart disease.

Where is their product manufactured?

Me & the Bees Lemonade is made in a cutting-edge commercial food processing plant.

Does Me & The Bees Lemonade contain gluten or dairy?

No, their lemonades are still created with basic ingredients and mostly sweetened with honey.

Is Me & The Bees Lemonade a minority supplier?

Yes, Me and the Bees Lemonade is a National Minority Supplier.

Is Me & The Bees Lemonade pasteurized?

Their lemonade is, indeed, pasteurized. To assure food safety, it is cooked to a high temperature for a brief period of time.

Do they need to keep Me & The Bees Lemonade refrigerated?

After opening, Me & the Bees Lemonade should be refrigerated.

How was this sugar and calorie reduction achieved?

This decrease is made feasible by continuing to utilize honey, eliminating cane sugar, and adding Monk Fruit, a melon-like fruit native to Southeast Asia that is carb and sugar-free and does not elevate blood sugar levels.

Is Me & The Bees still sweetened with honey?

Yes, Me & the Bees are still sweetened with honey, a natural sweetener high in vitamins and minerals.

How much sugar is in ME And The Bees Lemonade?

Depending on the taste, their lemonades contain between 13 and 19 grams of sugar per 8-ounce cup.

How does it compare to other ready-to-drink beverages?

When compared to other ready-to-drink grab-and-go choices, Me & the Bees offers up to 25% less sugar and up to 33% fewer calories.