Young King Hair Care Shark Tank Net Worth-What Happen After The Shark Tank?

Young King Hair Care Shark Tank Net Worth

Young King Hair Care appeared on Shark Tank seeking $225,000 in exchange for 2.5% equity in the company valuing the company at $9 million.

Young King Hair Care is a hair care product line for men of color, founded by Stefan and Cora Miller. The Millers created the line in 2019 after they couldn’t find quality, natural hair care products for their son or other men and boys with natural, curly hair.

Young King Hair Care was featured on Shark Tank in March 2022. The Millers asked the Sharks for $225,000 for just 2.5% of the company, valuing the company at $9 million. However, none of the Sharks made an offer to them.

Although they did not receive an investment from the sharks, their branding was done in the US market and their products are now available in over 3000 Target and Walmart stores across the United States.

According to a startup blog, Young King raised $1.6 million in a seed round led by SheaMoisture co-founder Richelieu Dennis.

Young King’s net worth during the Shark Tank was $9 million (business valuation).

What Is Young King Hair Care And Who Founded Young King Hair Care?

Young King Hair Care is a plant-based, natural grooming company for multicultural boys, teens, and young adults.

It was founded by Cora Miller and her husband Stefan in December 2019. The idea for the company was inspired by their son Kade who was born with a head full of hair.

Cora Miller wanted to create tailored hair products for black and brown boys that were not available on the market at the time. She contacted manufacturers and chemists to develop products specifically designed for textured hair.

Young King Hair Care has since become a successful business with its own line of products including shampoos, conditioners, and sunscreens.

What Happened To Young King Hair Care At Shark Tank?

Young King Hair Care is a haircare brand that caters to men and boys of color. The company was founded in 2019 by husband and wife duo Stefan and Cora Miller.

In 2021, the couple appeared on Shark Tank to seek an investment of $225,000 for 2.5% equity in their business. Despite impressing the Sharks with their niche product and growth story, they declined two offers from the Sharks and left without a deal.

Since appearing on Shark Tank, Young King Hair Care has seen an increase in sales from $4,100 in 2019 to $362,000 in 2021 with projections of $3 million. They have also seen an increase in brand recognition due to the exposure from Shark Tank.

The Millers are currently focusing on marketing and expanding their products to different supermarkets as they continue to grow their business without a Shark’s investment.

What Happened To Young King Hair Care After Shark Tank?

Young King Hair Care is a hair care product line specifically designed for Black and Brown boys. The founders, Stefan and Cora Miller were inspired by their son to create the line of products.

They appeared on Shark Tank in Season 13, asking for $225,000 for 2.5% equity but did not get a deal from any of the Sharks. However, they received positive feedback from the Sharks and their branding got done in the United States market.

Since appearing on Shark Tank, Young King Hair Care has continued to grow. In 2021, they had $300,000 in sales with a $9 million valuation. They are currently working on expanding their products to different supermarkets and focusing on marketing to grow the company.

The Millers had hoped to use the Sharks’ ties and connections to build their business but are now fine doing it on their own. Young King Hair Care has received attention from media outlets and fans since appearing on Shark Tank.

They were featured in an episode that aired on March 25th, 2022. Fans have expressed support for the brand on social media platforms such as Twitter.

Is Young King Hair Care Still In Business?

Yes, Young King Hair Care is still in business as of December 2022. The company was started in 2019 and is headquartered in Atlanta, Georgia.

Young King Hair Care is a natural, plant-based hair brand specially formulated for the hair of black and brown boys. Initially, they started with three products a conditioner, an essential oils blend, and a curling cream.

The company’s branding got done in the United States market after appearing on Shark Tank but did not get investment from the sharks.

Young King Hair Care products were quickly placed in Targets and Wal-Marts nationwide after their launch in 2019. They were part of a special Target acceleration program that Range Beauty was also part of.

The founders used to work at Fortune 500 companies like General Mills and Coca-Cola before starting Young King Hair Care.

The company’s website lists several products available for purchase, including leave-in conditioner water, essential oil blends, curling cream, and more.

Young King Hair Care Shark Tank Updates

Young King Hair Care is a hair care line created by Stefan and Cora Miller for men and boys of color with natural hair. The Millers were inspired by their son to create a line of hair care products specifically for men and boys of color.

They pitched their business on Shark Tank in season 13, asking for $225,000 for 2.5% equity, but did not receive a deal. Despite not receiving an investment, the company has seen significant growth and success.

Young King Hair Care was one of 10 emerging beauty brands selected to participate in Target’s 2020 Takeoff Beauty Accelerator Program, and landed in 1,200 Target stores and online.

Walmart soon followed suit, allowing the hair care brand to exceed their forecasted revenue and earn 544% year-over-year growth in 2021.

Since appearing on Shark Tank, Young King Hair Care has been featured on Good Morning America, Essence, BeautyIndependent, and more. The company has a variety of products that can be used by any age.

The Millers are currently focusing on marketing and expanding their products to different supermarkets. The company has increased shelf space in Walmart and Target.

In summary, while Young King Hair Care did not receive an investment on Shark Tank, the company has seen significant growth and success. The hair care line has landed in major retailers such as Target and Walmart, and has been featured in various media outlets.

The Millers are currently focusing on marketing and expanding their products to different supermarkets.

Young King Hair Care Shark Tank Table Summary:

DESCRIPTION	INFORMATION
Company Name	Young King Hair Care
Founders	Stefan and Cora Miller
Year Founded	2019
Appeared on Shark Tank	Yes
Amount Requested on Shark Tank	$225,000
Equity Offered on Shark Tank	2.5%
Valuation on Shark Tank	$9 million
Investment Received on Shark Tank	No
Funding	Raised $1.6 million in seed round led by Richelieu Dennis
Products	Plant-based, natural grooming products for multicultural boys, teens, and young adults
Sales Growth	$4,100 (2019) to $362,000 (2021)
Current Valuation	$9 million
Distribution	Available in over 3,000 Target and Walmart stores
Status	Still in business as of December 2022

How Does Young King Hair Care Shark Tank Work?

Young King Hair Care is a line of natural, plant-based hair care products that are made specifically for Black and Brown boys.

The founders, Stefan and Cora Miller, created the line in 2019 after they couldn’t find quality, natural hair care products for their son or other men and boys with natural, curly hair.

The products are designed to cleanse, moisturize, and soothe the scalp, and they contain ingredients such as rosemary, honey, and coconut oil. The line includes a conditioner that is meant for softening, nourishing, and detangling curly hair.

Young King Hair Care appeared on Shark Tank in Season 13, where the founders pitched their product to the Sharks. They asked for $225,000 for 2.5% equity, but they did not receive a deal.

Despite not receiving an investment, the company’s branding got done in the United States market, and the company has been featured on Good Morning America, Essence, BeautyIndependent, and more.

The company is currently focusing on marketing and expanding its products to different supermarkets. The products can be purchased on the company’s official website, youngkinghaircare.com, where they offer subscription models and general offers to people.

How Has Young King Hair Care Grown Since Appearing On Shark Tank?

Young King Hair Care is a natural, plant-based hair brand that specializes in hair care products for black and brown boys.

Since appearing on Shark Tank, the company has grown and now offers a complete line of male grooming products, including conditioners, leave-in conditioners, shampoos, curling creams, and more.

However, it is unclear how much the company has grown in terms of revenue or market share since appearing on the show.

What Was The Sharks’ Feedback On Young King Hair Care?

According to Stefan and Cora Miller, the founders of Young King Hair Care, pitched their line of hair care products for men of color on Shark Tank in season 13. They asked for $225,000 for 2.5% equity but did not receive a deal.

The couple was inspired to create the line after they couldn’t find quality, natural hair care products for their son or other men and boys with natural, curly hair.

The Sharks were impressed with their year-to-date sales of $1.54 million but were concerned that the company was not yet profitable. Lori Greiner was the first to go out, saying that the space was really competitive and it wasn’t for her.

According to Young King Hair Care did not get an investment on Shark Tank, but the company’s branding got done in the United States market. The founder of Young King Hair Care is currently focusing only on marketing and expanding their products to different supermarkets.

The article also mentions that Young King Hair Care conditioner is meant for softening, nourishing, and detangling curly hair.

In summary, the Sharks did not invest in Young King Hair Care on Shark Tank, but the company’s branding got done in the United States market. The founders are currently focusing on marketing and expanding their products to different supermarkets.

Young King Hair Care is a line of hair care products for men of color with natural, curly hair. The line includes a conditioner that is meant for softening, nourishing, and detangling curly hair.

What New Products Has Young King Hair Care Released Since Appearing On Shark Tank?

Young King Hair Care is a natural, plant-based hair brand that was started in 2019 and is headquartered in Atlanta, Georgia. The company was founded by Stefan and Cora Miller, who were unable to find suitable hair care products for their son’s hair.

Initially, Young King Hair Care started with three products: a conditioner, an essential oils blend, and a curling cream.

Since appearing on Shark Tank, Young King Hair Care has released a complete line of male grooming products, including shampoos, conditioners, leave-in conditioners, and curling creams.

Young King Hair Care’s products are specifically formulated for the hair of Black and Brown boys, with hair types ranging from 3A to 4C. The company aims to redefine male grooming and encourage boys with textured hair to celebrate their “crowns”.

Young King Hair Care has received excellent reviews and was one of ten emerging beauty brands selected to participate in Target’s accelerator program, which landed it in 1,200 Target stores.

The cost of Young King Hair Care products varies depending on the bundle purchased. The Complete Hair Care bundle includes an 8oz shampoo, 8oz conditioner, 8oz leave-in conditioner, 4oz essential oils, 8oz curling cream, and a 4oz hair and body wash, and costs $85.

Young King Hair Care’s products are available for purchase on their website and in retail stores like Target.

What Is The Current Valuation Of Young King Hair Care?

Young King Hair Care is a plant-based natural hair care products manufacturer that aims to redefine young male grooming by encouraging boys with textured hair. The company was founded in 2019 and is headquartered in Atlanta, Georgia.

Young King Hair Care has raised $1.6 million in seed funding from eight investors. The company’s latest deal was completed on February 3, 2022, and it is generating revenue.

The market value of the hair care industry was $18,072.9 million in 2017 and is expected to grow to $26,242.7 million by 2026. Young King Hair Care is a niche brand that focuses on making hair care products specifically for Black and Brown boys.

The company’s products include shea butter, marshmallow roots, grapeseed oil, avocado oil, argan oil, and other vegan ingredients that are free from harmful chemicals.

Young King Hair Care has achieved significant growth since its launch in 2019. The company exceeded its initial forecasts and achieved 394% growth in the second half of 2020 compared to the first half of the year, driven by 94% of sales from new customers.

In 2021, Young King Hair Care launched across 1,200+ Target and Walmart stores.

Although there is no information on the current valuation of Young King Hair Care, the company’s growth and success suggest that it has a promising future in the hair care industry.