What Happened To Henry's Humdingers After Shark Tank?

Henry's Humdingers received some considerable buzz from the popular television show "Shark Tank" during its fifth season when owner Henry Miller stepped before the judges in a beekeeper's suit, Shark Tank Blog reported. Although he wore a business suit underneath, Miller is a beekeeper at heart. He first began to capitalize on his colonies when he was 11 years old. The young entrepreneur set out to fight colony collapse disorder — a phenomenon in which worker bees abruptly disappear — with a hive of his own, according to The Bellingham Herald. When he had more honey than he could handle, he started to sell it and donate the proceeds to The Foundation for The Preservation of Honey Bees.

Miller went on to establish funky flavors for his homegrown honey, like Spicy Pepper and Ginger Raw Honey and Habanero and Lime Raw Honey. Miller and his mother began to center their focus on product development, while his dad traveled to trade shows to share the raw, spicy honey with the world.

Reaching a deal

"Shark Tank" caught wind of Henry's Humdingers in 2014, according to the Bellingham Herald. When he pitched the investors, owner Henry Miller first asked for a $150,000 investment in exchange for a 25% stake, according to Shark Tank Blog. He appealed to the judges, explaining that there are dire consequences in store because of the dwindling bee populations.

The sharks commended Miller based on the taste of the honey and the fact that in three years he's made $67,000 — $50,000 of which was earned in the last 12 months. The judges also appreciated that Henry's Humdingers had already hit shelves in 300 stores across 30 states.

Before diving in, the judges put Miller through his paces. Shark Kevin O'Leary questioned whether a market even existed for this product, and he bailed on the offer. Lori Greiner echoed this concern and decided it was not the deal for her. Mark Cuban needed more information about the marketing strategy. Ultimately, Shark Robert Herjavec said that the value being offered wasn't worth the investment it would take. The judge increased the offer to $300,000 for a 75% investment and sealed the deal with Miller.

Keeping it in the family

After reaching a deal with Robert Herjavec during Episode 20 of Season 5's "Shark Tank," Henry's Humdingers owner Henry Miller decided to reject the offer, according to Shark Tank Blog. He elected to keep the business within his family, even though he could have instantly paid off his parents' $150,000 investment.

Confident in his decision, Miller continued to push his business. After the episode aired on "Shark Tank," Henry's Humdingers experienced an increase of 300% growth. In June 2015, a QVC segment featured the honey, as The Reality TV reported. Miller said he didn't regret rejecting Herjavec's offer.

The company operated for about five years until Miller announced on Facebook in 2019 that he shut down the company. According to Miller, his family lost their farmhouse in a fire, and his mother was recovering from cancer. However, Miller thanked everybody for their support and added that "as corny as it sounds — we have each other and I was able to raise awareness for the bees."