Young King Hair Care is a royally crafted brand that appeared on Shark Tank Season 38, Episode 17. The brand focuses on creating hair care products specifically designed for Black and Brown boys.
All products are made from natural ingredients to ensure they are free from side effects. The founder asked for $225,000 in exchange for 2.5% equity in the company on Shark Tank.
According to a startup blog, Young King raised $1.6 million in a seed round led by SheaMoisture co-founder Richelieu Dennis. Despite facing numerous challenges, the founder’s perseverance is truly inspiring.
Haircare is a vast market with many niches, and startups continue to emerge. According to a 2017 report, the market value was $18,072.9 million, and it is projected to grow to $26,242.7 million by 2026.
| Company Name | Young King Hair Care |
| Founder | Stefan Miller, Cora Miller |
| Founded | 2019 |
| Product | Royally Crafted Hair Care Products with Natural Ingredients Fit for a Young King |
| Asked For | $225k For 2.5% Equity |
| Final Deal | No Deal’s |
| Shark | No Shark |
| Episode (Shark Tank USA) | S13 E17 |
| Air Date | Mar 25, 2022 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Atlanta, Georgia, United States |
| Lifetime Worth (Sales) | $2M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Who Is The Founder Of Young King?
Young King Hair Care was founded by Stefan Miller and Cora Miller, with Cora serving as the Co-Founder and CEO. She has played a key role in the company’s growth.
Stefan shared a personal story about becoming a father for the first time when his son, Kade, was born. He was inspired by Kade’s hair, which led him to launch Young King Hair Care in December 2019, specifically for his child and others like him.
Cora holds a BA degree and worked at UnitedHealth Group for seven years. Stefan, a Marketing and Brand Strategy Specialist, completed his MBA in Marketing from Northwestern University.
What Happened To Young King After Shark Tank?
Young King CEO Cora Miller mentioned that if they secured funding from Shark Tank, they would aim to expand the brand globally.
Cora received positive feedback from the sharks, which was encouraging for the business. While they had already raised initial funding for the startup, they now require additional investment to scale further.
In September 2020, the company partnered with several influencers, including TikTok creator Kanan Hunt, Tumblr influencer Noah Kazeem-Riley, actor Lance Avery Brown, and actor/model Trey Newton, as part of a product campaign.
To drive growth, the founders are focusing on marketing and expanding their products into more supermarkets.
Although Young King did not secure an investment on Shark Tank, the company gained significant brand recognition in the U.S. market. Following the episode, their products became available in over 3,000 Target and Walmart stores across the country.
We are continuing to follow Stefan and Cora Miller, along with their company’s journey, for further updates.
What Is The Young King Net Worth?
On Shark Tank, the founders of Young King sought $9 million from the sharks, but no deal was reached. Even before their appearance on the show, they had already secured funding from four investors during the company’s early stages.
In a relatively short time, they managed to attract investment from these four investors. The net worth of Stefan and Cora Miller is tied to the success of their startup. Currently, Young King Hair Care is estimated to be worth between $0.9 million and $1.3 million.
Yes, Young King is still in business as of December 2022.
