Emazing Lights Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateEmazing-Lights

Emazing Lights, Colorful LED lit gloves for parties, festivals and raves, was started by Brian Lim in 2010. Emazing Lights net worth was  $15 million in 2022 based on the Shark Tank of deal $650,000 for 5% equity. 

In 2015 they appeared on season 6 of Shark Tank USA and made a deal with Daymond John and Mark Cuban, $650,000 for 5% of equity.

No, EmazingLights is no longer in business. The company announced its closure in January 2023, citing “devastating company losses” caused by the gloving ban at major festivals and the global pandemic.

Emazing Lights Net Worth

Net worth$15 million (2022)
Annual Sales Revenue
Profits
Lifetime sales
InvestorDaymond John and Mark Cuban
FounderBrian Lim
Employees

Emazing Lights Net Worth Timeline

Net Worth 2023
Net Worth 2022$15 million
Net worth valuation 2015 after appearing on Shark Tank  $13 million
Net worth valuation 2015 before appearing on Shark Tank  $13 million

Emazing Lights Pitch on Shark Tank

Company nameEmazing Lights
ProductColorful LED lit gloves for parties, festivals and raves
EpisodeSeason 6 Episode 23
Founder Brian Lim
Asked for$625,000 for 5% Equity
Final deal$625,000 for 5% Equity
SharksDaymond John and Mark Cuban
LocationAnaheim, California

EmazingLights Founder

EmazingLights was founded by Brian Lim in 2010. Lim was a pioneer in the art of “gloving,” giving a light show using light up gloves at raves and other electronic dance music venues. He started the business in 2010 with $100. And made it his mission to give light shows at raves with his LED gloves. The networth of Emazinglights founder, Brian Lim, is unknown  as of 2023.

Key accomplishments

YearAccomplishment
2015Appeared on Shark Tank season 6 and Daymond John and Mark Cuban invested $625,000 for 5% Equity
2019EmazingLights expanded its product line to include LED glasses and LED jewelry.
2022EmazingLights began to recover from the pandemic, but the gloving ban at major festivals remained a challenge.

Conclusion

Some companies that appear on the show have not achieved great success, and the Emazing Lights was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Emazing Lights went out of business in 2023. And the product is no longer available in the market.