“Ilumi” got featured on Shark Tank America in April 2014. It has a net worth of around 5 Million USD as of 2023. Since appearing on Shark Tank, Ilumi has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 5 Million USD.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
| Ilumi’s Net worth before appearing on Shark Tank | 2.33 Million USD (business valuation) |
| Ilumi’s Current Net worth (2023) | 5 Million USD |
| Episode | Season 05 Episode 26 |
| Company name | Ilumi |
| Product | LED smart light bulbs |
| Founder | Corey Egan and Swapnil Bora |
| Asked for | $350,000 for 15% Equity |
| Final deal | $350,000 for 25% Equity |
| Shark | Mark Cuban |
| Business status | In Business |
| Location | Plano, Texas |
Ilumi’s founders, Corey Egan and Swapnil Bora, have a net worth of 3.75 Million USD as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2010 | Corey Egan and Swapnil Bora won first place in the annual business idea competition in texas for theApp controlled LED light concept with friends |
| 2013 | Started Crowdfunding for ‘illumi’ |
| 2017 | Launched 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.