Shark Tank US (Net Worth 2023 Update)S05E25 ilumi

Ilumi is a smart LED light bulb. This was started by Corey Egan and Swapnil Bora in 2011. As of October 2023, Ilumi net worth is $5 million. They’re pulling in a whopping $5 million in annual revenue. 

In April 2014, they appeared on Season 5 of Shark Tank USA and made a deal with Mark Cuban for $350,000 for 25% of equity. The final valuation was $1.4 million, down from the founder’s initial estimate of $2.3 million.

Ilumi LED light bulbs gained much popularity in market after the Shark Tank pitch. If you want to purchase programmable, color-changing, smart light bulbs checkout their website.

Ilumi Net Worth

Net worth$5 million (2023)
Annual Sales Revenue$5 million (2023)
Profits–
Lifetime sales–
InvestorMark Cuban
FounderCorey Egan and Swapnil Bora
Employees–

Ilumi Net Worth Timeline

Net Worth 2023$5 million
Net Worth 2022$5 million
Net Worth 2021–
Net Worth 2020–
Net worth valuation in 2014 after appearing on Shark Tank  $1.4 million
Net worth valuation in 2014 before appearing on Shark Tank  $2.3 million

Ilumi Pitch on Shark Tank

Company nameIlumi
ProductSmart LED light bulb
EpisodeSeason 05 Episode 25
FoundersCorey Egan and Swapnil Bora
Asked for$350,000 for 15% equity
Final deal$350,000 for 25% equity
SharkMark Cuban
LocationPlano, Texas

Don’t miss these products from Season 5

Ilumi Founders

Ilumi was founded by Corey Egan and Swapnil Bora in 2011. These two college friends had the passion to start their own business from a young age. They could eventually build a an award winning product as successful entrepreneurs. Ilumi’s founders Corey Egan and Swapnil Bora have a net worth of 3.75 Million USD as of 2023.

Key accomplishments

YearAccomplishment
2014Shark Tank pitch and securing a deal 
2016 Became a finalist of the LEDs Magazine Sapphire Awards 
2016 Won the Bluetooth Breakthrough Award 
2017Launched IFTTT platform 

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Ilumi and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

More Reads For Geeks

ZuGoPet-Shark-Tank-US-Net-worth-Update
/

ZuGoPet Net Worth 2023 Update (Before & After Shark Tank)

ZuGoPet, Dog car harness and other stylish, multifunctional pet products, was started by Carolyn Shewfelt and Juls Bindi in 2013. As of September 2023, ZuGoPet net worth is $3.8 million and they’re pulling in a whopping $1 million in annual revenue.  In 2019 they appeared on season 10 of Shark Tank USA seeking $100,000 for 10%  of equity valuing the company at $1 million. But the Sharks were not interested in investing in ZuGoPet. Because the product was too expensive and it had limited market appeal. ZuGoPet is still in business as of October 2023. Overall, it is too early to say whether ZuGoPet will be a successful company. However, the company is still in business, and it has the potential to grow in the…

Zorpads-Shark-Tank-US-Net-worth-Update
/

Zorpads Net Worth 2024 Update (Before & After Shark Tank)

Zorpads, shoe inserts to eliminate unpleasant odor, was started by Zierra Smith and Taylor Weigele in July 2017. As of April 2024, Zorpads net worth is $4.1 million. And they’re pulling in a whopping $4 million in annual revenue.  In January 2019, they appeared on season 10 of Shark Tank USA. And made a deal with Charles Barkley and Lori Greiner, for $150,000 for 22.5% of equity. The final valuation was $666,666, down from the founder’s initial estimate of $1.87 million. Zorpads is still in business as of 2024. They sell their odor-eliminating shoe inserts on their website and through a variety of retailers. The company has also expanded its product line to include other odor-eliminating products, such as insoles for sports shoes and travel…

Zookies-Cookies-Shark-Tank-US-Net-worth-Update
/

Zookies Cookies Net Worth 2023 Update (Before & After Shark Tank)

Zookies Cookies, dog treats, was started by Justin Miller and Tom Simon in 2017. Zookies Cookies net worth was $166,000 in 2019 based on the Shark Tank deal. In 2019 they appeared on season 10 of Shark Tank USA and made a deal with Alli Webb, $50,000 for 30% of equity. Zookies Cookies is out of business. They offered a variety of dog treat mixes and cookies that are made with whole, organic ingredients. But you would not be able to purchase their products anymore. Zookies Cookies Net Worth Net worth $4 million (2023) Annual Sales Revenue $124,000 (2023) Profits Not publicly available Lifetime sales Not publicly available Investor Alli Webb Founders Justin Miller and Tom Simon Employees Not publicly available Zookies Cookies Net Worth…

Shark-Tank-US-Net-Worth-2023-UpdateS05E26Zoobean
/ /

Zoobean Net Worth 2023 Update (Before & After Shark Tank)

Zoobean is a literacy building app. It was started by Felix Brand Lloyd and Jordan Lloyd Bookey in 2013. As of October 2023, Zoobean’s net worth is $5 million. They’re pulling in a whopping $5 million in annual revenue.  In 2014, they appeared on Season 5 of Shark Tank USA and made a deal with Mark Cuban, for $250,000 for 25% of equity. The final valuation was $1 million, down from the founder’s initial estimate of $1.6 million. Zoobean could boost business after the Shark Tank Appearence, and as of October 2023, the company is still running operations. You can download the app via Google Play Store and App Store.  Zoobean Net Worth Net worth $5 million (2023) Annual Sales Revenue $5 million (2023) Profits…