Ilumi is one of the most successful products to come out of the hit TV show Shark Tank, and its founders, Coray Egan and Swapnil Bora, are the men behind the World’s most intelligent LED bulbs. Coray Egan and Swapnil Bora, have a net worth of 3.75Million USD as of 2023.
In this article, we’ll take a closer look at the quick facts you need to know about Coray Egan and Swapnil Bora and their journey to building a $5 Million LED lighting empire.
|Full Name||Coray Egan and Swapnil Bora|
|Education||Egan holds a Masters in Marketing and Entrepreneurship, Bora holds a Masters in Engineering.|
|Invention||Ilumi LED Light bulb is known to be the World’s most intelligent light bulbs.|
|Shark Tank appearance||Season 5, episode 26|
|Shark Tank deal||$350,000 from Mark Cuban in exchange for 25% equity in Ilumi|
|Company headquarters||17330 Preston Rd., Ste. 140ADallas, TX 75252|
|Other products||World’s smartest LED light bulb system. Ilumi A19 colour LED smart light bulb, A19 LED colour smart light bulb- certified open box, Adjustable White BR30 flood LED smart light bulb.|
|Awards and recognition||Coray Egan and Swapnil Bora won first place in the annual business idea competition in texas for theApp controlled LED light concept with friends|
|Net worth||$3.75 million (as of 2023)|
|Future plans||Today, Egan’s and Bora’s quest to create the best possible experience for customers continues to be priority number one at ilumi. When Coray and I jump on the phone, the team is gearing up to release a new version of their app, rebuilt completely from the ground up with customer feedback in mind.|
Whether you are an entrepreneur looking for inspiration or just curious about the story behind Ilumi, there are always lessons to be learned from successful individuals like Coray Egan and Swapnil Bora. With a commitment to innovation, sustainability, and philanthropy, Egan and Bora are a true inspiration for entrepreneurs everywhere.